THE CONDO BOOK PROJECT

Northeast Community Bank

Named as the sponsor's construction lender in 7 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.

Northeast Community Bank's 7 buildings in these plans are all in Brooklyn, all new construction, typically 6–13 units, offered at an average $992K per unit. Check size: $3.6M typical (the median of 7 loans whose size the plan states or ACRIS records), from $2.5M to $13.1M.

Buildings
7
Residential units
69
Typical check
$3.6M
Years
2018–2026
ManhattanBrooklynQueensBronxStaten Island Jefferson Unique Residence, 78 Jefferson Street250 Manhattan Avenue Condominium, 250 Manhattan Avenue34th Street Residence Condominium, 785 East 34th Street215 Putnam Avenue Condominium, 215 Putnam Avenue1325 53rd Street Condominium, 1325 53rd Street54 Throop Avenue Condominium, 54 Throop Avenue187 Bridge Street Condominium, 187 Bridge Street

Pro · Advanced analysis

Recent Growth

Northeast Community Bank'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 3 in 2021–2023: down 67%. 14% of all 7 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date17
20250—
20240—
20230—
2022326
20210—

Latest: Jefferson Unique Residence, accepted May 6, 2026.

Strongest Relationships

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

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
Jefferson Unique Residence78 Jefferson Street · Brooklyn · new constructionSponsor: Jefferson Unique Development LLC · Named on p. 4 ↗20267$3.1M*
250 Manhattan Avenue Condominium250 Manhattan Avenue · Brooklyn · new constructionSponsor: 250 Manhattan Ave Project, LLC · Named on p. 19 ↗20227$3.8M*
34th Street Residence Condominium785 East 34th Street · Brooklyn · new constructionSponsor: 34 Street Owner LLC · Named on p. 4 ↗202213$3.6M*
215 Putnam Avenue Condominium215 Putnam Avenue · Brooklyn · new constructionSponsor: 215 Putnam Development LLC · Named on p. 4 ↗20226$2.5M*
1325 53rd Street Condominium1325 53rd Street · Brooklyn · new constructionSponsor: 1325 53 LLC · Named on p. 7 ↗20206$2.8M*
54 Throop Avenue Condominium54 Throop Avenue · Brooklyn · new constructionSponsor: Throop Units, LLC · Recorded in ACRIS ↗201824$13.1M*
187 Bridge Street Condominium187 Bridge Street · Brooklyn · new constructionSponsor: 187 Bridge LLC · Named on p. 4 ↗20186$3.6M*

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.