1251 Pacific Street Condominium
1251 Pacific Street, Brooklyn, NY 11225
Overview
1251 Pacific Street is a new 4-unit condo in Brooklyn.
- Offering plan: Accepted February 2024 · 267 pages · floor plans on page 96
- Finishes: 9'8" ceilings, wood floors, quartz kitchen countertops, wood cabinets, Samsung appliances and a washer and dryer in each apartment
- Prices: $1,609 a square foot on average, as first offered; $6.4 million in all
- Common charges: $511–$613 a month, the sponsor's first-year estimate
- Sponsor: 1251 Pacific Bh LLC, represented by Eial Girtz, PC; principals Jerome Shlomo Berdugo, Michael Journo and Philippe Edmond Cohen
- Subway: 5-minute walk to Nostrand Av (A, C); 8 minutes to Franklin Av (C, S)
- Amendments: 2, the latest in May 2025
- Units
- 4 residential
- Subway
- 5 min walk to Nostrand Av A CFranklin Av C S, 8 min
- Principals
- Jerome Shlomo Berdugo, Michael Journo, Philippe Edmond Cohen
- Average $/sf
- $1,609Homes in Schedule A, as first offered
- Common charges
- $511–$613 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 To December 31, 2024
- Offering price
- $6.4 million total
- Floor plans
- Page 96 of the plan
- SubmittedJanuary 2025
- AcceptedFebruary 2024
- 2 amendments
- First sale
Units & Prices
Sales
1 of 4homes sold (25%)
From city records (ACRIS), through Jul 31, 2025.
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 Pacific Street'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
| Figure | This building1 | 747 Dean24 units · 0.8 miaccepted 2024 | 442 3rd34 units · 1.6 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.55Highest | $0.40 | $0.30 |
| Average Offering PricePer Apartment | $1.6MLowest | $2.11M | $2.44M |
| Average PricePer Square Foot | $1,609In line | $1,832 | $1,605 |
| Average Unit SizeSquare Feet | 995 SFSmaller | 1,153 SF | 1,519 SF |
How We Got This
- Comps: the closest Brooklyn 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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 May 13, 2025
Plan declared effective after one unit (25% of offering) was purchased, and offering term extended by six months.
- Plan declared effective; one unit purchased by bona fide purchaser constituting 25% of units offered
- Offering term extended by six months from amendment acceptance date
- No outstanding rescission rights on purchase agreements counted toward effectiveness
Amendment 1 Jan 21, 2025
Amendment extends offering term, revises first closing to July 1, 2025, changes escrow agent and sponsor's attorney, updates building specifications and appliances, and offers rescission rights to prior purchasers.
- First unit closing projected moved from January 1, 2024 to July 1, 2025
- Purchasers with prior agreements entitled to rescission under NY regulation §20.3(o)(12)
- Sponsor's attorney changed to Marans Newman Tsolis & Nazinitsky LLC at 29 Broadway, Suite 2400, New York, NY 10006
- Escrow agent changed to MNTN with new account at Capital One Bank, 299 Park Avenue, New York, NY 10171
- Sponsor's attorney legal fees set at $4,000.00, plus $450.00 if purchaser obtains mortgage financing
- Temporary certificate of occupancy expected by April 2025; construction substantially completed November 2023
- All units equipped with Electrolux washer model #ELFW4222AW and dryer model #ELFE4222AW
- Offering term extended six (6) months from amendment acceptance date
Team
- Sponsor
- 1251 Pacific Bh LLC
- Principals
- Jerome Shlomo Berdugo, Michael Journo, Philippe Edmond Cohen
- Counsel
- Eial Girtz, PC
- Tax estimate
- RE Tax Service, LLCPrepared the first-year real estate tax projection
- Construction lender
- FM Home Loans
- Property report
- Demerara Engineering , PLLCPrepared the plan's description of the property and its condition · Named on p. 128
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 1214 Pacific Street Condominiumnext door · 4 units · 2019
- 85 Herkimer Street Condominium0.1 mi · 6 units · 2020
- 1070 Bergen Street Condominium0.1 mi · 4 units · 2021
- Crown-Bergen Condominium0.1 mi · 16 units · 2001
- 87 Herkimer Street Condominium0.1 mi · 6 units · 2020
- 1007 Bergen Street Condominium0.2 mi · 4 units · 2020
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