THE CONDO BOOK PROJECT

151 Weirfield Street Condominium

151 Weirfield Street, Brooklyn, NY 11221

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Overview

151 Weirfield Street is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted September 2021 · 333 pages · floor plans on page 32
  • Finishes: 9-foot ceilings, hardwood floors, quartz kitchen countertops, wood cabinets, Bosch and Ilve appliances, washer/dryer hook-ups, Delta bathroom fittings and through-wall PTAC units for heating and cooling
  • Prices: $944 a square foot on average, as first offered; $3.57 million in all ($3.62 million when first offered)
  • Common charges: $282–$504 a month, the sponsor's first-year estimate
  • Sponsor: 151 Weirfield LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Isaac Broyn, Gil Cygler and Victor Baranes
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 7-minute walk to Halsey St (J); 11 minutes to Wilson Av (L)
  • Amendments: 2, the latest in March 2022
  1. SubmittedJanuary 2022
  2. AcceptedSeptember 2021
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 2023.

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 151 Weirfield 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 6 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 →

Amendments

Amendment 2 March 2022

Second Amendment updates offering prices for four units and extends the plan term by six months.

  • Unit 1R offering price set to $582,500
  • Unit 2F offering price set to $465,000
  • Unit 3 offering price set to $815,000
  • Unit 4 offering price set to $800,000
  • Plan declared effective as of March 1, 2022 with three units under contract (50% of residential units)
  • Plan term extended six months from amendment date
  • First unit closing delayed until amendment accepted for filing by Department of Law

Amendment 1 Dec 30, 2021

Amendment updates offering prices for 6 units, revises floor plans and engineer's report per DOB approval, eliminates gas service, and extends plan term by 6 months.

  • Offering prices updated: Unit 1F $425,000, 1R $599,000, 2F $475,000, 2R $475,000, 3 $799,000, 4 $799,000
  • Floor plans revised for cellar, basement, 1st, 2nd, and 3rd floors per November 18, 2021 DOB Post Approval Amendment
  • Building construction completed as of October 2021; Temporary Certificate of Occupancy anticipated by March 2022
  • No gas service to building; Schedule B-1 energy costs revised to reflect all-electric systems
  • Hot water heaters and HVAC systems specified by unit with manufacturer details and warranty periods
  • Appliances and bathroom fixtures specified by unit and location
  • FinCEN Geographic Targeting Order disclosure added for residential property purchases through April 29, 2022
  • Current purchasers offered right of rescission within 15 days; plan term extended 6 months
What each amendment changed, line by lineSee it free →

Team

Sponsor
151 Weirfield LLC
Principals
Isaac Broyn, Gil Cygler, Victor Baranes
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Buyer's lender
loanDepotThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 192

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 151 Weirfield Street's common charges high for the area? Yes, they're on the high side. 151 Weirfield Street budgets $0.60 per square foot a month, against a $0.55 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?