THE CONDO BOOK PROJECT

1221 Forest Hill Road Condominium

1221 Forest Hill Road, Staten Island, NY 10314

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Overview

1221 Forest Hill Road is a new 14-unit condo in Staten Island.

  • Offering plan: Accepted May 2025 · 306 pages · floor plans on page 4
  • Finishes: Engineered wood floors, quartz kitchen countertops, Forevermark cabinets, Frigidaire appliances, washer/dryer hook-ups, Blossom bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $733 a square foot on average, as first offered; $11 million in all
  • Common charges: $404–$444 a month, the sponsor's first-year estimate
  • Sponsor: Esl8 Properties LLC, represented by Tsyngauz & Associates, P.C.; principals Nazim Bashirov and Oleg Lidberg
  • Neighborhood: New Springville, Staten Island
  • Subway: 45-minute walk to New Dorp (SIR); 53 minutes to Oakwood Heights (SIR)
  • Amendments: 1, the latest in April 2026
  1. SubmittedApril 2026
  2. AcceptedMay 2025
  3. 1 amendment

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 1221 Forest Hill Road'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 building11239 Forest Hill Road228 units · 0 miaccepted 20253865 Amboy Road321 units · 2.6 miaccepted 2025
Common ChargesPer Square Foot / Month$0.41In line$0.38$0.61
Average Offering PricePer Apartment$785,000Highest$672,714$570,476
Average PricePer Square Foot$733Above peers$709$689
Average Unit SizeSquare Feet1,070 SFLarger948 SF828 SF
Unit mix, amenities, finishes, utilities and operating costs against 1239 Forest Hill Road and 3865 Amboy RoadUnlock the rest with a free account
How We Got This
  • Comps: the closest Staten Island 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 4 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Apr 3, 2026

Plan declared effective after sponsor accepted purchase agreements for 3 units (21.43% of units offered); building loan of $5,505,922.00 obtained from Northfield Bank.

  • Building loan of $5,505,922.00 obtained from Northfield Bank at 581 Main Street, Suite 810, Woodbridge, NJ 07095
  • Plan declared effective upon acceptance of purchase agreements for Units 7, 11, and 14
  • Offering prices in Schedule A exceed release prices in loan documents
  • Special Risk 3, Paragraph 5 and Rights and Obligations of Sponsor Section, Paragraph 9 revised regarding financing
What the amendment changed, line by lineSee it free →

Team

Sponsor
Esl8 Properties LLC
Principals
Nazim Bashirov, Oleg Lidberg
Tax estimate
Boris Saks, Esq.Prepared the first-year real estate tax projection
General contractor
United Land CostructionHeld the general construction permit on DOB NOW job S00882049

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Zoning

Zoning district
R3-2
Special district
Special Natural Area District-1 (NA-1)

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

Nearby

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The Condo Book Project Are 1221 Forest Hill Road's common charges high for the area? Yes, they're on the high side. 1221 Forest Hill Road budgets $0.41 per square foot a month, against a $0.38 median for the 3 most similar Staten Island plans.Schedule A Do you want to see the list of similar buildings?