1230 Bedford Avenue Condominium
1230 Bedford Avenue, Brooklyn, NY 11216
Overview
1230 Bedford Avenue is an 8-unit condo in Brooklyn, with 1 commercial unit.
- Offering plan: Accepted September 2021 · 401 pages · floor plans on page 38
- Finishes: Hardwood floors, quartz kitchen countertops, laquered wood cabinets, Summit, KitchenAid and Frigidaire appliances, washer/dryer hook-ups, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $1,222 a square foot on average, as first offered; $11.9 million in all ($10.9 million when first offered)
- Sponsor: 1230 Bed LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Arie Bar Chaim
- Subway: 2-minute walk to Nostrand Av (A, C); 3 minutes to Franklin Av (C, S)
- Amendments: 1, the latest in March 2022
- Units
- 8 residential · 1 commercial
- Subway
- 2 min walk to Nostrand Av A CFranklin Av C S, 3 min
- Principals
- Arie Bar Chaim
- Average $/sf
- $1,222Homes in Schedule A, as first offered
- Offering price
- $11.9 million total $10.9 million when first offered
- Floor plans
- Page 38 of the plan
- SubmittedMarch 2022
- AcceptedSeptember 2021
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Mar 4, 2022
Amendment updates construction timeline, building systems specifications, unit finishes, floor plans with reduced square footage, and introduces rooftop terrace licenses for sale.
- Temporary Certificate of Occupancy expected July 2022, Final Certificate of Occupancy expected August 2022 or later
- All unit sizes reduced due to decrease in building bulk size
- Gas use limited to hot water heating and cooking only, not common area heating or clothes dryers
- Storage reduced from 8 to 6 cellar storage rooms
- Units 5F and 5R each have assigned roof terraces; two remaining terraces (T1 and T2) offered as licenses for $35,000 and $15,000
- Bathroom fixtures changed to Duravit toilets and Kohler bathtubs
- Kitchen appliances changed to Fisher & Paykel refrigerators, ovens, cooktops, and dishwashers; no gas range
- Sponsor will not provide operating manuals, electronic system manuals, or equipment warranties
- Schedule A prices increased for 6 homes (median +12.7%): 2F $925,000 → $995,000; 2R $935,000 → $1,055,000; 3F $940,000 → $1,045,000; 3R $945,000 → $1,065,000; ...
Team
- Sponsor
- 1230 Bed LLC
- Principals
- Arie Bar Chaim
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Quanta Finance$5 million recorded
- Buyer's lender
- loanDepotThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 249
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
- Spencernext door · 4 units · 2020
- Jefferson Gardens Condominiumnext door · 4 units · 2024
- 43 Halsey Street Condominium0.1 mi · 4 units · 2017
- 170 Putnam Avenue Condominium0.1 mi · 3 units · 2014
- Garden City Medical Condominium I0.1 mi · 2014
- 215 Putnam Avenue Condominium0.1 mi · 6 units · 2022
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