THE CONDO BOOK PROJECT

1171 86th Street Condominium

1171 86th Street, Brooklyn, NY 11228

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Overview

1171 86th Street is a new 8-unit condo in Brooklyn, with 7 parking units.

  • Offering plan: Accepted August 2024 · 235 pages · floor plans on page 31
  • Finishes: Hardwood floors, laminate kitchen countertops, Frigidaire appliances, washer/dryer hook-ups and American Standard bathroom fittings
  • Prices: $728 a square foot on average, as first offered; $6.15 million in all
  • Common charges: $172–$297 a month, the sponsor's first-year estimate
  • Sponsor: 19th Hole Gardens, LLC, represented by Paul A. Leff, Esq.; principals Sebastiano Piccininni
  • Subway: 16-minute walk to 86 St (R); 20 minutes to Bay Ridge-95 St (R)
  • Amendments: 1, the latest in February 2025
  1. SubmittedFebruary 2025
  2. AcceptedAugust 2024
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

6 of 8homes sold (75%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2026.

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 1171 86th 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 →

Compare

FigureThis building1Dyker211 units · 0.3 miaccepted 20241307 84th312 units · 0.2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.20Lowest$0.43$0.48
Average Offering PricePer Apartment$746,875Below peers$825,723$869,250
Average PricePer Square Foot$728Lowest$904$1,000
Average Unit SizeSquare Feet1,026 SFLarger913 SF869 SF
Unit mix, amenities, finishes, utilities and operating costs against Dyker and 1307 84thUnlock the rest with a free account
How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closing Costs

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

All 5 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
19th Hole Gardens, LLC
Principals
Sebastiano Piccininni
Tax estimate
Moseson & AssociatesPrepared the first-year real estate tax projection
Construction lender
1450 Gun Hill Road LLC, Sterling Trust Company and Custodian FBO Ira Saferstein IRA Account # 080206$400,000 loan stated in the plan

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

Zoning

Zoning district
R5B

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

Nearby

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The Condo Book Project Are 1171 86th Street's common charges high for the area? No, they're on the low side. 1171 86th Street budgets $0.20 per square foot a month, against a $0.46 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 15 units, every budget line, every saleSee it free