1551 49th Street Condominium
1551 49th Street, Brooklyn, NY 11219
Overview
1551 49th Street is an 8-unit condo in Brooklyn.
- Offering plan: Accepted June 2016 · 322 pages · floor plans on pages 161–162
- Finishes: Hardwood floors, Frigidaire appliances, washer/dryer hook-ups, American Standard bathroom fittings and central forced air for heating and cooling
- Prices: $618 a square foot on average, as first offered; $5.5 million in all ($5.25 million when first offered)
- Common charges: $256–$345 a month, the sponsor's first-year estimate
- Developer: Success Custom Builder, Inc; principals Leon Landau and Samuel Karpf
- Sponsor: 1551 49th Street LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.
- Neighborhood: Borough Park, Brooklyn
- Subway: 11-minute walk to 50 St (D); 13 minutes to Ditmas Av (F)
- Amendments: 2, the latest in June 2017
- Units
- 8 residential
- Neighborhood
- Borough Park, Brooklyn
- Subway
- 11 min walk to 50 St DDitmas Av F, 13 min
- Developer
- Success Custom Builder, Inc
- Principals
- Leon Landau, Samuel Karpf
- Average $/sf
- $618Homes in Schedule A, as first offered
- Common charges
- $256–$345 a monthSponsor's first-year estimate in Schedule A, January 1, 2018
- Offering price
- $5.5 million total $5.25 million when first offered
- Floor plans
- Pages 161–162 of the plan
- SubmittedJuly 2016
- AcceptedJune 2016
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Dec 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 1551 49th 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 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Jun 22, 2017
Prices for two units are increased and the offering plan term is extended by six months.
- Unit 2A price changed to $700,000
- Unit 2B price changed to $800,000
- Offering plan term extended by six (6) months
Amendment 1 Jul 27, 2016
Plan declared effective after receiving purchase agreements for two units representing 25% of units being sold.
- Plan declared effective as of July 27, 2016
- Two units (3A and 4B) purchased and counted toward effectiveness
- Unit 3A purchased for $635,000 on 7/20/2016
- Unit 4B purchased for $600,000 on 7/19/2016
- Closing to be scheduled by notice at least 30 days after amendment acceptance
Team
- Sponsor
- 1551 49th Street LLC
- Developer
- Success Custom Builder, Inc
- Principals
- Leon Landau, Samuel Karpf
- Tax estimate
- LAW OFFICES OF HERSHY ITZKOWITZ, P.C.Prepared the first-year real estate tax projection
- General contractor
- Success Custom BuildersHeld the general construction permit on DOB job 321254487
- Property report
- SCHNEIDER ASSOCIATESPrepared 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
- 1514 49th Street Condominiumnext door · 3 units · 2020
- 1455 47th Street Condominiumnext door · 3 units · 2020
- 1555 51st Street Condominiumnext door · 4 units · 2026
- 1513 51st Street Condominium0.1 mi · 4 units · 2025
- 4720 15th Avenue Condominium0.1 mi · 6 units · 1 parking · 2023
- 1622 Condominium0.2 mi · 3 units · 2023
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 1551 49th Street
The fastest way to know any condo or co-op
Get Connected →