THE CONDO BOOK PROJECT

1241 43rd Street Condominium

1241 43rd Street, Brooklyn, NY 11219

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Overview

1241 43rd Street is a 4-unit condo in Brooklyn, with 1 storage unit.

  • Offering plan: Accepted May 2022 · 327 pages · floor plans on page 38
  • Finishes: Hardwood floors, laminate kitchen countertops, Kohler bathroom fittings and split-system units for heating and cooling
  • Prices: $649 a square foot on average, as first offered; $3.83 million in all ($3.23 million when first offered)
  • Common charges: $248–$340 a month, the sponsor's first-year estimate
  • Sponsor: 1826 51st Street Trust, represented by Law Office Of Hershy Itzkowitz, Esq; principals Jacob Gutman
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 6-minute walk to Fort Hamilton Pkwy (D); 8 minutes to 50 St (D)
  • Amendments: 1, the latest in July 2022
  1. SubmittedJuly 2022
  2. AcceptedMay 2022
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 5 homes, with price and dateSee it free →

From city records (ACRIS), through Jan 31, 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 1241 43rd 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 3 homes.

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 →

Amendments

Amendment 1 Jul 25, 2022

Price of Unit 1 increased to $1,575,000.00

Team

Sponsor
1826 51st Street Trust
Principals
Jacob Gutman
Tax estimate
Empire Consulting Service, IncPrepared the first-year real estate tax projection
General contractors
Good Quality Builders, Centro Paz ConstructionHeld the general construction permit on DOB job 321501745
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 114

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

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The Condo Book Project Are 1241 43rd Street's common charges high for the area? No, they're on the low side. 1241 43rd Street budgets $0.23 per square foot a month, against a $0.31 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?