1514 49th Street Condominium
1514 49th Street, Brooklyn, NY 11219
Overview
1514 49th Street is a 3-unit condo in Brooklyn, with 1 commercial unit.
- Offering plan: Accepted October 2020 · 330 pages · floor plans on pages 157–161
- Finishes: Wood floors, laminate kitchen countertops, wood cabinets, Liebherr, Miele and LG appliances, washer/dryer hook-ups and Delta bathroom fittings
- Prices: $306 a square foot on average, as first offered; $7 million in all ($2.4 million when first offered)
- Common charges: $301–$495 a month, the sponsor's first-year estimate
- Sponsor: 1514 49 Bsd LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Shlomo Torn
- Subway: 10-minute walk to 50 St (D); 12 minutes to 55 St (D)
- Amendments: 2, the latest in April 2021
- Units
- 3 residential · 1 commercial
- Subway
- 10 min walk to 50 St D55 St D, 12 min
- Principals
- Shlomo Torn
- Average $/sf
- $306Homes in Schedule A, as first offered
- Common charges
- $301–$495 a monthSponsor's first-year estimate in Schedule A, 1/1/2021 - 12/31/2021
- Offering price
- $7 million total $2.4 million when first offered
- Floor plans
- Pages 157–161 of the plan
- SubmittedFebruary 2021
- AcceptedOctober 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jan 31, 2022.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 3 homes.
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 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Feb 9, 2021
Unit CF offered for sale and prices amended for units CF and 3.
- Unit CF offered for sale at $3,700,000.00
- Unit 3 price amended to $1,700,000.00
Team
- Sponsor
- 1514 49 Bsd LLC
- Principals
- Shlomo Torn
- Tax estimate
- Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
- Construction lender
- 1514 49 Funding, L.P.$3 million loan stated in the plan
- General contractor
- Blue Dream BuildersHeld the general construction permit on DOB job 321643361
- Property report
- Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 116
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
- 1513 51st Street Condominiumnext door · 4 units · 2025
- 1551 49th Street Condominiumnext door · 8 units · 2016
- 4720 15th Avenue Condominiumnext door · 6 units · 1 parking · 2023
- 1555 51st Street Condominiumnext door · 4 units · 2026
- 1455 47th Street Condominium0.1 mi · 3 units · 2020
- 4809 14th Avenue Condominium0.2 mi · 5 units · 2018
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