111 Nelson Street Condominium
111 Nelson Street, Brooklyn, NY 11231
Overview
111 Nelson Street is a 3-unit condo in Brooklyn.
- Offering plan: Accepted March 2024 · 305 pages · floor plans on page 4
- Finishes: Wood floors, quartz kitchen countertops, painted wood cabinets, Bosch appliances, a washer and dryer in each apartment, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $1,332 a square foot on average, as first offered; $2.92 million in all ($3.69 million when first offered)
- Common charges: $464–$979 a month, the sponsor's first-year estimate
- Sponsor: 111 Nelson Development LLC, represented by Tsyngauz & Associates, P.C.; principals Angeline Huang
- Subway: 7-minute walk to Smith-9 Sts (F, G); 9 minutes to Carroll St (F, G)
- Amendments: 4, the latest in August 2025
- Units
- 3 residential
- Subway
- 7 min walk to Smith-9 Sts F GCarroll St F G, 9 min
- Principals
- Angeline Huang
- Average $/sf
- $1,332Homes in Schedule A, as first offered
- Common charges
- $464–$979 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
- Offering price
- $2.92 million total $3.69 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedMay 2024
- AcceptedMarch 2024
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
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)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 2 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 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 4 Aug 21, 2025
Sponsor relinquished board control on April 29, 2025, and the plan term is extended for an additional twelve months.
- Sponsor relinquished control of Board of Managers on April 29, 2025
- Board adopted 2025-2026 budget on April 29, 2025
- One unsold unit remains (Unit 1) with monthly common charges of $978.76 and real estate taxes of $389.13
- No unsold units are occupied by tenants
- No unsold units are encumbered by mortgages
- Plan term extended for an additional twelve months from acceptance date
Amendment 3 Feb 11, 2025
Amendment documents closing of first unit, Department of Buildings approval, condominium recording, tax assessments, and operating fund status.
- First unit closed August 26, 2024
- Department of Buildings issued Letter of No Objection on March 13, 2024
- Condominium declaration recorded July 17, 2024
- NYC Department of Finance assessed real estate taxes as of July 1, 2025
- Operating account has $2,075.30; reserve fund $1,723.00; working capital $1,446.16
- One unsold unit (Unit 1) with 45.17% common interest; monthly charges $978.76; taxes $500.14
- Sponsor will relinquish Board control on March 20, 2025
Team
- Sponsor
- 111 Nelson Development LLC
- Principals
- Angeline Huang
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
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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- 538 Clinton Street Condominiumnext door · 5 units · 1 parking · 2020
- 109 Luquer Streetnext door · 1988
- 40 4th Place Condominiumnext door · 4 units · 2020
- 140 Luquer Street Condominiumnext door · 2020
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