THE CONDO BOOK PROJECT

1325 53rd Street Condominium

1325 53rd Street, Brooklyn, NY 11219

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Overview

1325 53rd Street is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted February 2020 · 312 pages · floor plans on pages 152–153
  • Finishes: 9-foot ceilings, hardwood floors, laminate kitchen countertops, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $6.4 million in all
  • Sponsor: 1325 53 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Yaakov Einhorn
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 3-minute walk to 55 St (D); 6 minutes to 50 St (D)
  • Amendments: 1, the latest in March 2020
  1. SubmittedMarch 2020
  2. AcceptedFebruary 2020
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

4 of 6homes sold (67%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through May 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 1325 53rd 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 →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 5 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Mar 4, 2020

Building converted from 6 units to 5 units with reallocated space and updated square footage, percentages of common interest, and common charges.

  • Building converted from 6 units to 5 units
  • Unit 3 created by combining former Unit 3F and Unit 3R; square footage now 1319
  • Unit 1 square footage increased to 1759; cellar reallocated to Unit 1 (1932 sq ft)
  • Unit 2 square footage increased to 2956 with added third floor portion
  • No storage rooms allocated to any units
  • Unit 1 common interest increased to 35.68%
  • Unit 2 common interest increased to 25.81%
  • Unit 3 common interest 13.10%
What the amendment changed, line by lineSee it free →

Team

Sponsor
1325 53 LLC
Principals
Yaakov Einhorn
Tax estimate
Metropolitan Realty Exemptions Inc.Prepared the first-year real estate tax projection
Construction lender
Northeast Community Bank$2.85 million recorded
General contractors
Freeform Built, Park Premium EnterprisesHeld the general construction permit on DOB job 321265224

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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