Derby 538
Named as the sponsor's construction lender in 2 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
Derby 538's 2 buildings in these plans are all in Brooklyn, 50% new construction, 4.5 units at the middle, offered at an average $2.1M per unit. Check size: $4.9M typical (the median of 2 loans whose size the plan states or ACRIS records), from $3.5M to $6.3M.
- Buildings
- 2
- Residential units
- 9
- Typical check
- $4.9M
- Years
- 2020–2025
Pro · Advanced analysis
Recent Growth
Derby 538's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
1 building accepted in 2024–2026 (2026 to date), against 0 in 2021–2023. 50% of all 2 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 1 | 4 |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 218 23rd Street Condominium, accepted Nov 25, 2025.
Strongest Relationships
No other firm is named with Derby 538 on more than one building yet.
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 218 23rd Street Condominium218 23rd Street · Brooklyn · new constructionRecorded as Derby 538, LLC · Sponsor: 218 23rd Owner LLC · Recorded in ACRIS ↗ | 2025 | 4 | $3.5M* |
| 538 Clinton Street Condominium538 Clinton Street · Brooklyn · rehabRecorded as Derby 538, LLC · Sponsor: 538 Clinton Street LLC · Recorded in ACRIS ↗ | 2020 | 5 | $6.3M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.