The 140 Moffat Street Condominium
140 Moffat Street, Brooklyn, NY 11206
Overview
The 140 Moffat Street is a 5-unit condo in Brooklyn.
- Offering plan: Accepted March 2025 · 298 pages · floor plans on page 99
- Finishes: Engineered wood floors, quartz kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,058 a square foot on average, as first offered; $4.26 million in all
- Common charges: $262–$877 a month, the sponsor's first-year estimate
- Sponsor: 140 On LLC, represented by Eial Girtz, PC; principals Oren Hakim
- Neighborhood: Bushwick, Brooklyn
- Subway: 4-minute walk to Wilson Av (L); 7 minutes to Chauncey St (J, Z)
- Amendments: 2, the latest in March 2026
- Units
- 5 residential
- Neighborhood
- Bushwick, Brooklyn
- Subway
- 4 min walk to Wilson Av LChauncey St J Z, 7 min
- Principals
- Oren Hakim
- Average $/sf
- $1,058Homes in Schedule A, as first offered
- Common charges
- $262–$877 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 To June 30, 2026
- Offering price
- $4.26 million total
- Floor plans
- Page 99 of the plan
- SubmittedJune 2025
- AcceptedMarch 2025
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
3 of 5homes sold (60%)
From city records (ACRIS), through Aug 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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 | Sasoon24 units · 0.4 miaccepted 2025 | 220 Schaefer36 units · 0.3 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.69Above peers | $0.52 | $0.66 |
| Average Offering PricePer Apartment | $851,800In line | $991,250 | $675,833 |
| Average PricePer Square Foot | $1,058Above peers | $971 | $1,036 |
| Average Unit SizeSquare Feet | 805 SFIn line | 1,021 SF | 653 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 Mar 30, 2026
Amendment extends the plan 6 months, reports first closing completed, and updates occupancy and financial status.
- Plan extended for 6 months
- Temporary Certificate of Occupancy issued November 28, 2025 and renewed February 10, 2026; Permanent Certificate expected in approximately 14 days
- First Unit Closing (Unit 4A) completed February 12, 2026
- Units 1 and 4B in contract; Units 2 and 3 unsold
- Working capital account balance $523.46; reserve account balance $332.61
- Common charges and real estate taxes listed for Units 1, 2, 3, and 4B
- Board of Managers controlled by Sponsor; first unit owners meeting within 30 days of first anniversary of closing or when 75% of units closed
Amendment 1 Jun 23, 2025
Plan extended 6 months; declared effective; roof reclassified as limited common element for Unit 4B; revised floor plans reflect as-built conditions.
- Plan extended for 6 months
- Plan declared effective May 28, 2025 based on one unit (Unit 4B) in contract
- 384 sq. ft. roof reclassified from common element to limited common element exclusively for Unit 4B
- Revised floor plans and architect's report for as-built conditions attached
Team
- Sponsor
- 140 On LLC
- Principals
- Oren Hakim
- Counsel
- Eial Girtz, PC
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Bullpath Capital$1.5 million loan stated in the plan
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
- Eleven2 Condominiumnext door · 8 units · 2024
- 193 Moffat Street Condominium0.1 mi · 8 units · 2020
- 87a Cooper Street Condominium0.1 mi · 8 units · 2024
- 71 Cooper Street Condominium0.2 mi · 8 units · 2018
- 696 Chauncey Street Condominium0.2 mi · 5 units · 2025
- Bushwick Avenue Lofts0.2 mi · 12 units · 6 parking · 2024
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