THE CONDO BOOK PROJECT

1251 43rd Street Condominium

1251 43rd Street, Brooklyn, NY 11219

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Overview

1251 43rd Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted October 2023 · 308 pages · floor plans on page 33
  • Finishes: Hardwood floors, laminate kitchen countertops, wood cabinets, Liebherr, Miele and WHIRLPOOL appliances, washer/dryer hook-ups, Delta bathroom fittings and central forced air for heating and cooling
  • Prices: $703 a square foot on average, as first offered; $3.8 million in all
  • Common charges: $193–$361 a month, the sponsor's first-year estimate
  • Sponsor: 1251, LLC, represented by Law Office Of Hershy Itzkowitz, P.C.; principals Tehila Spigel
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 7-minute walk to Fort Hamilton Pkwy (D); 9 minutes to 50 St (D)
  • Amendments: 1, the latest in February 2024
  1. SubmittedFebruary 2024
  2. AcceptedOctober 2023
  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 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 1251 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 4 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

All 8 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
1251, LLC
Principals
Tehila Spigel
Tax estimate
Re Tax ServicePrepared the first-year real estate tax projection
Construction lender
First Central Savings Bank$1.65 million loan stated in the plan
General contractor
Ids ManagementHeld the general construction permit on DOB job 321733335
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 115

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 1251 43rd Street's common charges high for the area? No, they're on the low side. 1251 43rd Street budgets $0.20 per square foot a month, against a $0.25 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?