THE CONDO BOOK PROJECT

The Bank of Princeton

Named as the sponsor's construction lender in 16 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.

The Bank of Princeton's 16 buildings in these plans are mostly in Brooklyn (14 of 16), then Staten Island, 81% new construction, typically 10–33 units, offered at an average $1M per unit. Check size: $11.1M typical (the median of 12 loans whose size the plan states or ACRIS records), from $3.3M to $20.9M.

Buildings
16
Residential units
283
Typical check
$11.1M
Years
2017–2025
ManhattanBrooklynQueensBronxStaten Island 3865 Amboy Road Condominium, 3865 Amboy RoadBedford Condos, 844 Bedford Avenue1532 45th Street Condominium, 1532 45th Street590 Myrtle Avenue Condominium, 590 Myrtle Avenue1105 Cortelyou Road Condominium, 1105 Cortelyou Road1462 Flatbush Avenue Condominium, 1462 Flatbush Avenue30-38 29th Street Condominium, 30-38 29th StreetH7 Condominium, 623 Avenue HCulver Developments 1a & 1b Condominium, 1204-1232 And 1264-1276 37th Street305 23rd Street Condominium, 305 23rd Street814 Bedford Avenue Condominium, 814 Bedford Avenue738 Grand Street Condominium, 738 Grand Street207a Prospect Avenue Condominium, 207a Prospect AvenueElement 88 Condominium, 88 Withers Street1180 47th Street Condominium, 1180 47th Street1178 47th Street Condominium, 1178 47th Street

Pro · Advanced analysis

Recent Growth

The Bank of Princeton's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

2 buildings accepted in 2024–2026 (2026 to date), against 7 in 2021–2023: down 71%. 14% of all 14 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
2025121
2024110
2023218
20224113
2021136

Latest: 3865 Amboy Road Condominium, accepted Apr 25, 2025. 2 plans without an acceptance date aren't counted.

Strongest Relationships

The firms named most often on the same buildings as The Bank of Princeton, at least 2 in common.

Architects

Sponsor's counsel

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
3865 Amboy Road Condominium3865 Amboy Road · Staten Island · new constructionSponsor: Amboy Road Development LLC · Named on p. 8 ↗202521$6M
Bedford Condos844 Bedford Avenue · Brooklyn · new constructionSponsor: 844-846 Bedford LLC · Recorded in ACRIS ↗202410$11.6M*
1532 45th Street Condominium1532 45th Street · Brooklyn · new constructionRecorded as The Bank of Princton · Sponsor: 1532 45th Street LLC · Recorded in ACRIS ↗20234$3.3M*
590 Myrtle Avenue Condominium590 Myrtle Avenue · Brooklyn · new constructionSponsor: 590 Myrtle LLC · Named on p. 5 ↗202314$14M*
1105 Cortelyou Road Condominium1105 Cortelyou Road · Brooklyn · new constructionSponsor: 1105 Cortelyou Realty LLC · Named on p. 4 ↗202210—
1462 Flatbush Avenue Condominium1462 Flatbush Avenue · Brooklyn · new constructionSponsor: 1458 - 1466 Flatbush Jv LLC · Named on p. 6 ↗202245$12.9M*
30-38 29th Street Condominium30-38 29th Street · Queens · new constructionSponsor: 30-38 29th Street LLC · Named on p. 30 ↗202220$8.9M*
H7 Condominium623 Avenue H · Brooklyn · new constructionSponsor: 623 Ave H LLC · Named on p. 8 ↗202238$10.6M
Culver Developments 1a & 1b Condominium1204-1232 And 1264-1276 37th Street · Brooklyn · new constructionSponsor: Culver Housing Developments LLC · Named on p. 16 ↗202136—
305 23rd Street Condominium305 23rd Street · Brooklyn · new constructionSponsor: 303 23rd Street Development, LLC · Named on p. 6 ↗202011$15.5M*
814 Bedford Avenue Condominium814 Bedford Avenue · Brooklyn · new constructionNamed as Bank of Princeton · Sponsor: 814 Park LLC · Named on p. 25 ↗202017$20.9M*
738 Grand Street Condominium738 Grand Street · Brooklyn · new constructionSponsor: Heh-Ml7 Grand, LLC · Recorded in ACRIS ↗201910$9.2M*
207a Prospect Avenue Condominium207a Prospect Avenue · Brooklyn · rehabSponsor: 207 Prospect Avenue LLC · Recorded in ACRIS ↗20186$3.3M*
Element 88 Condominium88 Withers Street · Brooklyn · new constructionSponsor: 88 Corner Development LLC · Named on p. 7 ↗201733$19M
1180 47th Street Condominium1180 47th Street · Brooklyn · conversionSponsor: 1180 47th Street LLC · Recorded in ACRIS ↗—4—
1178 47th Street Condominium1178 47th Street · Brooklyn · conversionSponsor: 1178 47th Street LLC · Recorded in ACRIS ↗—4—

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.