1060 Jefferson Condominium
1060 Jefferson Avenue, Brooklyn, NY 11221
Overview
1060 Jefferson is a 10-unit condo in Brooklyn.
- Offering plan: Accepted May 2022 · 289 pages · floor plans on page 31
- Finishes: 9-foot ceilings, hardwood floors, laminate kitchen countertops, wood laminate cabinets, Liebherr, Miele and Bosch appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,047 a square foot on average, as first offered; $7.12 million in all
- Common charges: $292–$739 a month, the sponsor's first-year estimate
- Sponsor: R & Y Jefferson LLC, represented by Law Office Of Hershy Itzkowitz, Esq; principals Ronny Ming Lam
- Subway: 4-minute walk to Halsey St (J); 9 minutes to Gates Av (J, Z)
- Amendments: 2, the latest in June 2023
- Units
- 10 residential
- Subway
- 4 min walk to Halsey St JGates Av J Z, 9 min
- Principals
- Ronny Ming Lam
- Average $/sf
- $1,047Homes in Schedule A, as first offered
- Common charges
- $292–$739 a monthSponsor's first-year estimate in Schedule A, July 1, 2022 - June 30, 2023
- Offering price
- $7.12 million total
- Floor plans
- Page 31 of the plan
- SubmittedSeptember 2022
- AcceptedMay 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 10 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Sep 28, 2022
Plan declared effective with three units sold, management agreement executed, appliance specifications updated, and offering term extended six months.
- Plan declared effective as of August 30, 2022 with three units sold (3A, 4A, 4B representing 27% of units)
- Management agreement with ALG NY Management, LLC at $6,000.00 annually for three-year initial term
- Appliances being provided updated per amended Architect Report
- Offering plan term extended for six (6) months
Team
- Sponsor
- R & Y Jefferson LLC
- Principals
- Ronny Ming Lam
- Tax estimate
- Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
- Construction lender
- Quanta Finance$3 million recorded
- General contractor
- HP Building ManagementHeld the general construction permit on DOB job 321384934
- Property report
- Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 113
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Hastings Housenext door · 10 units · 2022
- 1019 Hancock Street Condominiumnext door · 8 units · 2024
- 1020 Hancock Street Condominiumnext door · 8 units · 2024
- Role Bk0.1 mi · 10 units · 2024
- 80 Cornelia Street Condominium0.1 mi · 3 units · 2025
- 1064 Hancock Street Condominium0.1 mi · 10 units · 2023
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