THE CONDO BOOK PROJECT

105 Lexington Avenue Condominium (Lot 58 Lofts)

105 Lexington Avenue, Brooklyn, NY 11238

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Overview

Lot 58 Lofts is a 31-unit condo in Brooklyn, with 8 storage units and 3 commercial units.

  • Offering plan: Accepted August 2007 · 572 pages · floor plans on pages 17–20
  • Finishes: Wood floors, Frigidaire appliances and central forced air for heating and cooling
  • Prices: $589 a square foot on average, as first offered; $22.9 million in all
  • Common charges: $411–$905 a month, the sponsor's first-year estimate
  • Sponsor: Hrcf-Ldr Lexington, LLC, represented by Raphael And Marks Attorneys At Law
  • Subway: 5-minute walk to Classon Av (G); 7 minutes to Bedford-Nostrand Avs (G)
  • Amendments: 9, the latest in March 2013
  1. SubmittedMarch 2008
  2. AcceptedAugust 2007
  3. 9 amendments
  4. First sale
  5. Latest sale

Sales

32 of 32homes sold (100%)
Every sale: 32 homes, with price and dateSee it free →

From city records (ACRIS), through Apr 30, 2026.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do Lot 58 Lofts's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 9 Mar 8, 2013

This amendment updates sponsor disclosures, certified financials, increases one unit price, adopts a 2013 budget, and revises escrow procedures per new state regulations.

  • Unit 4G price increased to $1,010,000
  • Certified Financials for Year 2011 attached
  • Budget adopted for year commencing January 1, 2013
  • Escrow Agent changed to law firm Raphael and Marks at 276 Park Avenue South, New York, NY
  • Escrow account established at Capital One Bank, 27 West 18th Street, New York, NY; FDIC insured up to $250,000 per deposit
  • Escrow interest rate set at 1.0%
  • New escrow procedures implemented per revised state regulations eliminating Attorney General's adjudication authority over deposits
  • Sponsor owns units IC, ID, IE, 2C, 4G with aggregate monthly common charges of $2,310 and real estate taxes of $1,509
What the amendment changed, line by lineSee it free →

Team

Sponsor
Hrcf-Ldr Lexington, LLC
Tax estimate
The Mazursky GroupPrepared the first-year real estate tax projection
Construction lender
The Community Preservation Corporation$12.8 million recorded
Title agency
Philip O’Hara Associates, Inc.The sponsor's title company for buyers; you can choose another · Agent for Lawyer’s Title Insurance Company of New York · Named on p. 398

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6B

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are Lot 58 Lofts's common charges high for the area? Yes, they're on the high side. Lot 58 Lofts budgets $0.38 per square foot a month, against a $0.35 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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