THE CONDO BOOK PROJECT

Hastings House

1066 Jefferson Avenue, Brooklyn, NY 11221

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Overview

Hastings House is a 10-unit condo in Brooklyn, with 6 storage units.

  • Offering plan: Accepted May 2022 · 327 pages · floor plans on page 32
  • Finishes: Engineered wood floors, solid-surface kitchen countertops, Whirlpool and GE appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $1,039 a square foot on average, as first offered; $7.64 million in all ($7.39 million when first offered)
  • Common charges: $263–$1,053 a month, the sponsor's first-year estimate
  • Developer: Croxdale Real Estate Management LLC; principals Nigel Boyden
  • Sponsor: 1066 Jefferson 2018 LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 4-minute walk to Halsey St (J); 9 minutes to Gates Av (J, Z)
  • Amendments: 4, the latest in May 2024
  1. SubmittedAugust 2022
  2. AcceptedMay 2022
  3. 4 amendments
  4. First sale
  5. Latest sale

Sales

10 of 10homes sold (100%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 2025.

First-Year Budget

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Ask Claude or ChatGPT: How do Hastings House's common charges compare with similar buildings? →

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

All 9 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 4 May 23, 2024

Unit 1B floor plan changed from 2 bedrooms to 1 bedroom per buyer request after closing.

  • Unit 1B bedroom count reduced from 2 to 1 (living room and bedroom combined)
  • Unit 1B square footage and common interest percentage unchanged
  • Sponsor's attorney address updated to 2329 Nostrand Avenue, Suite 400, Brooklyn, NY 11210
  • Revised floor plans, addendum and architect certification attached as Exhibit A

Amendment 3 Apr 20, 2023

Amendment changes rear yard division from vertical to horizontal, documents first closing and occupancy certificates, and switches escrow account from Signature Bank to Chase Bank with new escrow agent.

  • Rear yard divided horizontally instead of vertically; Schedule A remains accurate
  • First unit closed February 16, 2023
  • Temporary Certificate of Occupancy issued January 24, 2023, renewed April 25, 2023, expires July 24, 2023
  • Declaration of Condominium recorded December 28, 2023 under CRFN# 2022000462417
  • Working capital fund of $1,683.02 deposited; reserve fund $187.01 deposited at Bank of America
  • Escrow account changed from Signature Bank to Chase Bank, NA at 4724 13th Avenue, Brooklyn, NY 11219
  • Escrow agent: Jeffrey Zwick & Associates, PC, 266 Broadway, Suite 403, Brooklyn, NY 11211

Amendment 2 Sep 28, 2022

Plan declared effective after two units (20% of ten units offered) were purchased by bona fide purchasers.

  • Plan declared effective based on purchase of 2 units (20% of 10 units)
  • Units 2A and 3A counted toward effectiveness (purchased 8/16/22 and 9/14/22)

Amendment 1 Aug 30, 2022

Budget decreased by $21,305.00 through reduced management, janitor, water/sewer, and reserve fund costs; Schedule A updated with new common charges and post-construction tax assessments.

  • Sponsor management fee reduced from $9,000.00 to $0.00 for first year
  • Janitor cost reduced from $18,000.00 to $9,120.00
  • Water and sewer reduced from $10,397.00 to $9,112.00
  • Reserve fund for major repairs decreased from $7,075.00 to $4,935.00
  • Schedule A updated with revised common charges reflecting budget changes
  • Real estate taxes updated to reflect post-construction assessed valuation
  • Pending litigation filed against Sponsor in Supreme Court, Kings County, Index Number 510671/2022 for subcontractor employee injury
  • No units under contract as of amendment date
What each amendment changed, line by lineSee it free →

Team

Sponsor
1066 Jefferson 2018 LLC
Principals
Nigel Boyden
Tax estimate
The Mazursky Group, Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$3.7 million recorded
General contractors
Ugb Construction, Adam B. ConttractingHeld the general construction permit on DOB job 321921140
Structural engineer
Ivan Design Engineers & AnalysisNamed on p. 136
MEP engineer
GRR ConsultingMechanical, electrical and plumbing · Named on p. 136

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

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The Condo Book Project Are Hastings House's common charges high for the area? Yes, they're on the high side. Hastings House budgets $0.80 per square foot a month, against a $0.51 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?