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Contello Towers No. 2 Corporation

2740 Cropsey Avenue And 2015 Shore Parkway, Brooklyn, NY 11214

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Overview

Contello Towers No. 2 Corporation is a 321-unit co-op conversion in Brooklyn. Its offering plan was accepted in July 2025. It's a 9-minute walk to Bay 50 St (D) and 18 minutes to 25 Av (D).

The sponsor of record is Board Of Directors Contello Towers No. 2 Corporation, represented by Sampson, Van Vleet, Nazarian & Shamroth LLP. The offering plan runs 461 pages. The sponsor has filed 3 amendments, the latest in October 2026. The nearest other plan on file is Contello Towers #2, next door.

Plan C240001 · Conversion · accepted Jul 29, 2025 · AG record ↗

Budget

From our research: How Close Are Offering Plan Tax Estimates to the Real Bill? · What New NYC Condos Spend on Staff, by Building Size · The Sponsor's Condo-Creation Fee in NYC

Amendments

  1. Amendment 1

    This First Amendment corrects current maintenance for Apartment 16K and the room counts for 12 apartments at 2015 Shore Parkway, updates the SCRIE/DRIE and Section 8 benefits schedule, and adds a FinCEN title-company reporting disclosure.

    • Current maintenance for Apartment 16K at 2015 Shore Parkway corrected in Schedules A-1, A-2 and A-3
    • Room counts corrected for Apartments 4F, 4G, 14C, 14E, 14F, 15B, 15C, 15E, 15F, 16C, 16E and 16F at 2015 Shore Parkway
    • SCRIE/DRIE and Section 8 benefits schedule (Exhibit J) updated to show current benefits received by qualifying shareholders
    • FinCEN Geographic Targeting Order disclosure added: title companies must report certain purchaser information on residential closings on or after March 1, 2016

Summarized from the amendments' text; the filings themselves are on the Attorney General's site. 1 of 3 amendments summarized so far.

Building Report · $19

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  • Full comp against 2 peer buildings
  • Every recorded sale from ACRIS
  • Full offering plan breakdown
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Team

Sponsor
Board Of Directors Contello Towers No. 2 Corporation

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