1567 61st Street Condominium
1567 61st Street, Brooklyn, NY 11219
Overview
1567 61st Street is an 11-unit condo in Brooklyn.
- Offering plan: Accepted November 2021 · 772 pages · floor plans on page 48
- 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 ($11.8 million when first offered)
- Developer: Leser Group; principals Abraham Leser
- Sponsor: Mapleton Buyer 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 March 2023
- Units
- 11 residential
- Subway
- 4 min walk to 62 St/New Utrecht Av D N18 Av N, 7 min
- Developer
- Leser Group
- Principals
- Abraham Leser
- Average $/sf
- $721Homes in Schedule A, as first offered
- Offering price
- $12 million total $11.8 million when first offered
- Floor plans
- Page 48 of the plan
- SubmittedJanuary 2022
- AcceptedNovember 2021
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2024.
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.
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 2 Mar 28, 2023
Second amendment to the offering plan reporting post-closing status, financial disclosures, updated 2023 budget, and extended offering term.
- First unit (4R) closed June 29, 2022
- Declaration of Condominium filed June 27, 2022, CRFN #2022000252233
- Final Certificate of Occupancy issued July 23, 2021
- Working capital fund $7,607.80 and reserve fund $1,500.00 deposited at Bank of America
- Sponsor controls board for 5 years from first closing or until all units sold; first unit owner meeting before June 2023
- Sponsor owns 2 units, aggregate monthly common charges $1,173.02, aggregate monthly taxes $3,126.94
- 2023 budget updated; projected common charges income $59,723.00
- Offering plan term extended 6 months
Amendment 1 Jan 4, 2022
Plan declared effective with two units sold, and offering plan terms extended by six months.
- Plan declared effective as of January 4, 2022
- Two units sold: Unit 1R (12/22/2021) and Unit 3R (1/3/2022), representing 18.18% of units
- Offering plan terms extended for six (6) months
Team
- Sponsor
- Mapleton Buyer 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 321063576
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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- 1575 61st Street Condominiumnext door · 11 units · 2020
- 1555 61st Street Condominiumnext door · 11 units · 2021
- 1574 60th Street Condominiumnext door · 6 units · 2019
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