THE CONDO BOOK PROJECT

1174 44th Street Condominium

1174 44th Street, Brooklyn, NY 11219

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Overview

1174 44th Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted September 2020 · 322 pages · floor plans on page 34
  • Finishes: 9'2" ceilings, laminate kitchen countertops, wooden cabinets, Leibherr and Miele appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $596 a square foot on average, as first offered; $4.09 million in all ($2 million when first offered)
  • Common charges: $240–$325 a month, the sponsor's first-year estimate
  • Sponsor: Suw J LLC, represented by Law Office Of Hershy Itzkowitz, Esq; principals David Weisz
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 3-minute walk to Fort Hamilton Pkwy (D); 6 minutes to 50 St (D)
  • Amendments: 1, the latest in December 2020
  1. SubmittedDecember 2020
  2. AcceptedSeptember 2020
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Jun 30, 2022.

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 1174 44th Street's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 1 home.

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

Amendments

Amendment 1 Dec 2, 2020

First amendment updates unit measurements and common interest percentages after as-built plans approved, declares the plan effective, and provides post-closing information including board transfer and financial disclosures.

  • Unit square footages and common interest percentages updated to reflect approved as-built plans and swapped storage rooms for Units 2 and 3
  • Plan declared effective as of November 30, 2020 with one executed Purchase Agreement received
  • Unit 1 closed on January 14, 2021
  • Declaration of Condominium filed December 28, 2020 under CRFN #20200000369012
  • Final Certificate of Occupancy issued December 1, 2020
  • Control of Condominium Board transferred to unit owners
  • Sponsor's transfer tax obligation transferred to Purchaser; all references to grossed-up consideration for NYS Transfer Tax removed
  • Offering plan term extended for six (6) months
What the amendment changed, line by lineSee it free →

Team

Sponsor
Suw J LLC
Principals
David Weisz
Tax estimate
Empire Consulting Service, IncPrepared the first-year real estate tax projection
General contractor
Kaufman GroupHeld the general construction permit on DOB job 321370725
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 110

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 1174 44th Street's common charges high for the area? No, they're on the low side. 1174 44th Street budgets $0.16 per square foot a month, against a $0.24 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?