THE CONDO BOOK PROJECT

1155 Bedford Avenue Condominium

1155 Bedford Avenue, Brooklyn, NY 11216

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Overview

1155 Bedford Avenue is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted April 2024 · 375 pages · floor plans on page 26
  • Prices: $1,176 a square foot on average, as first offered; $6.62 million in all ($6 million when first offered)
  • Common charges: $396–$762 a month, the sponsor's first-year estimate
  • Sponsor: 1155 Bedford Avenue Realty LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Leslie Xia
  • Subway: 5-minute walk to Nostrand Av (A, C); 6 minutes to Franklin Av (C, S)
  • Amendments: 1, the latest in May 2024
  1. SubmittedMay 2024
  2. AcceptedApril 2024
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

7 of 7homes sold (100%)
Every sale: 7 homes, with price and dateSee it free →

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

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 1155 Bedford Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 7 homes.

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

Closing Costs

The plan lists what a buyer pays at closing.

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

Amendments

Amendment 1 May 14, 2024

Sponsor address changed, offering prices amended for 6 units, and plan declared effective with 2 unit purchase agreements.

  • Sponsor address changed to 98-08 37th Avenue, Corona, NY 11368
  • Offering prices amended: Unit 2F $700,000, 2R $735,000, 3F $735,000, 3R $750,000, 4F $1,125,000, 4R $1,185,000
  • Plan declared effective May 14, 2024 with 2 executed purchase agreements (28% of units)
  • Plan term extended 6 months from amendment date
  • First unit closing cannot occur until amendment accepted for filing by Department of Law
What the amendment changed, line by lineSee it free →

Team

Sponsor
1155 Bedford Avenue Realty LLC
Principals
Leslie Xia
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$2.5 million recorded
Buyer's lender
U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 225

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

Zoning

Zoning district
R6A
Commercial overlay
C2-4

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

Nearby

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The Condo Book Project Are 1155 Bedford Avenue's common charges high for the area? They're in line. 1155 Bedford Avenue budgets $0.70 per square foot a month, against a $0.69 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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