THE CONDO BOOK PROJECT

1571 61st Street Condominium

1571 61st Street, Brooklyn, NY 11219

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Overview

1571 61st Street is an 11-unit condo in Brooklyn.

  • Offering plan: Accepted November 2021 · 770 pages · floor plans on page 48
  • Finishes: 10-foot ceilings, wood floors, granite kitchen countertops, Italian custom laminate cabinets, Liebherr and Miele appliances and washer/dryer hook-ups
  • 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.
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 4-minute walk to 62 St/New Utrecht Av (D, N); 7 minutes to 18 Av (N)
  • Amendments: 1, the latest in February 2022
  1. SubmittedFebruary 2022
  2. AcceptedNovember 2021
  3. 1 amendment
  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 Mar 31, 2026.

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 1571 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 4 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 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Feb 9, 2022

Plan declared effective with two units sold and offering period extended by six months.

  • Plan declared effective as of February 9, 2022
  • Two units (2R and 3L) sold, representing 18.18% of units
  • Offering plan terms extended for six (6) months
What the amendment changed, line by lineSee it free →

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 321063549

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 1571 61st Street's common charges high for the area? They're in line. 1571 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?