THE CONDO BOOK PROJECT

1249 Dekalb Avenue Condominium

1249 Dekalb Avenue, Brooklyn, NY 11221

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Overview

1249 Dekalb Avenue is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted December 2019 · 321 pages · floor plans on pages 22–23
  • Finishes: Hardwood floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $1,016 a square foot on average, as first offered; $4.42 million in all
  • Common charges: $252–$504 a month, the sponsor's first-year estimate
  • Developer: East Coast Real Estate Development Group; principals Shai Birenzweig and Ofer Aviv
  • Sponsor: 1249 Dekalb Development LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Subway: 4-minute walk to Central Av (M); 7 minutes to Kosciuszko St (J)
  • Amendments: 1, the latest in March 2020
  1. SubmittedMarch 2020
  2. AcceptedDecember 2019
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through Oct 31, 2024.

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 1249 Dekalb Avenue'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 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Mar 16, 2020

Plan declared effective and tax projections revised downward with updated Schedule A.

  • Plan declared effective as of March 16, 2020 with 2 units (33.33%) under purchase agreements
  • Taxable assessed valuation reduced from $476,000 to $317,816 for first year of operation
  • Tax rate changed from 12.612% to 12.473%
  • Schedule A updated to reflect new tax projections
What the amendment changed, line by lineSee it free →

Team

Sponsor
1249 Dekalb Development LLC
Principals
Shai Birenzweig, Ofer Aviv
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
General contractor
Brooklyn B Company GroupHeld the general construction permit on DOB job 321194658

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 1249 Dekalb Avenue's common charges high for the area? They're in line. 1249 Dekalb Avenue budgets $0.50 per square foot a month, against a $0.51 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 6 units, every budget line, every saleSee it free