THE CONDO BOOK PROJECT

Lux On 5 Condominium

1457 West 5th Street, Brooklyn, NY 11204

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Overview

Lux On 5 is a 24-unit condo in Brooklyn, with 23 parking units and 6 commercial units.

  • Offering plan: Accepted December 2015
  • Prices: $13.6 million in all ($8.86 million when first offered)
  • Sponsor: 1457 W LLC, represented by Law Office Of Thomas E. Berinato
  • Neighborhood: Bensonhurst, Brooklyn
  • Subway: 4-minute walk to Bay Pkwy (N); 9 minutes to Avenue P (F)
  • Amendments: 3, the latest in November 2017
  1. SubmittedFebruary 2016
  2. AcceptedDecember 2015
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

24 of 24homes sold (100%)
Every sale: 24 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2026.

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 →

Team

Sponsor
1457 W LLC
General contractor
W & L Group ConstructionHeld the general construction permit on DOB job 320838607

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).

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