THE CONDO BOOK PROJECT

1563 61st Street Condominium

1563 61st Street, Brooklyn, NY 11219

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Overview

1563 61st Street is an 11-unit condo in Brooklyn.

  • Offering plan: Accepted November 2021 · 971 pages · floor plans on page 93
  • Finishes: 10-foot ceilings, wood floors, granite kitchen countertops, Italian custom laminate cabinets, Liebherr and Miele appliances, washer/dryer hook-ups and a VRF heat pump system for heating and cooling
  • Prices: $721 a square foot on average, as first offered; $12 million in all ($10.8 million when first offered)
  • Common charges: $400–$772 a month, the sponsor's first-year estimate
  • Developer: Leser Group; principals Abraham Leser
  • Sponsor: Mapleton Group 61 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.
  • Subway: 4-minute walk to 62 St/New Utrecht Av (D, N); 7 minutes to 18 Av (N)
  • Amendments: 2, the latest in May 2022
  1. SubmittedJanuary 2022
  2. AcceptedNovember 2021
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

10 of 11homes sold (91%)
Every sale: 10 homes, with price and dateSee it free →

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 1563 61st 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 11 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 May 10, 2022

Common interest percentages adjusted for six units, first unit closed, and offering plan term extended six months.

  • Common interest percentages amended for units 1L, 1R, 3L, 3R, 4L, 4R, 5L, 5R
  • Unit 3R closed April 28, 2022
  • Declaration of Condominium filed April 26, 2022 under CRFN #2022000172638
  • Final Certificate of Occupancy issued July 23, 2021
  • Working capital fund of $820.66 deposited at Bank of America
  • 421-a application submitted, still under review
  • Sponsor controls Board for five years after first closing or when all units sold, whichever sooner
  • Offering plan term extended six months

Amendment 1 Jan 19, 2022

Plan declared effective as of January 4, 2022 with two executed purchase agreements, and offering plan terms extended six months.

  • Plan declared effective January 4, 2022
  • Two units sold: Units 1R and 3R, representing 18.18% of units
  • Offering plan terms extended six (6) months
What each amendment changed, line by lineSee it free →

Team

Sponsor
Mapleton Group 61 LLC
Developer
Leser Group
Principals
Abraham Leser
Tax estimate
Ben Rottenstein Associates Inc.Prepared the first-year real estate tax projection
Construction lender
Axos Bank
General contractors
Prompt Builders NY, US Demco of BrooklynHeld the general construction permit on DOB job 321063567
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 255

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6A

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 1563 61st Street's common charges high for the area? They're in line. 1563 61st Street budgets $0.30 per square foot a month, against a $0.30 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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