THE CONDO BOOK PROJECT

1156 59th Street Condominium

1156 59th Street, Brooklyn, NY 11219

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Overview

1156 59th Street is a 3-unit condo in Brooklyn, with 1 storage unit.

  • Offering plan: Accepted September 2013 · 269 pages · floor plans on page 22
  • Finishes: 9-foot ceilings, wood floors, Frigidaire appliances, washer/dryer hook-ups, Delta bathroom fittings and central forced air for heating and cooling
  • Prices: $460 a square foot on average, as first offered; $1.93 million in all
  • Common charges: $280–$415 a month, the sponsor's first-year estimate
  • Sponsor: 1154 59, LLC, represented by The Law Office Of Charles Mandelbaum P.C.; principals David Shtern
  • Subway: 5-minute walk to Fort Hamilton Pkwy (N); 8 minutes to 62 St/New Utrecht Av (D, N)
  1. SubmittedMay 2013
  2. AcceptedSeptember 2013
  3. First sale
  4. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Mar 31, 2024.

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 1156 59th Street'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 9 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
1154 59, LLC
Principals
David Shtern
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
General contractor
Shtern Constrctn & RemdlHeld the general construction permit on DOB job 320407190

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

Zoning

Zoning district
R5

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

Nearby

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The Condo Book Project Are 1156 59th Street's common charges high for the area? Yes, they're on the high side. 1156 59th Street budgets $0.25 per square foot a month, against a $0.24 median for the 5 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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