THE CONDO BOOK PROJECT

1575 61st Street Condominium

1575 61st Street, Brooklyn, NY 11219

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Overview

1575 61st Street is an 11-unit condo in Brooklyn.

  • Offering plan: Accepted November 2020 · 779 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: $717 a square foot on average, as first offered; $12.1 million in all ($12.1 million when first offered)
  • Common charges: $395–$768 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: 5-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 2020
  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 1575 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 10 homes.

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

Closing Costs

The plan lists what a buyer pays at closing.

All 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 May 10, 2022

Amendment discloses post-closing information including first unit closing on April 12, 2022, fund deposits, sponsor control period, financial details, and extends offering plan term by six months.

  • First unit (3R) closed April 12, 2022 at law office of Jeffrey Mehl, Esq.
  • Declaration of Condominium filed March 15, 2022, CRFN #2022000110234
  • Final Certificate of Occupancy issued July 23, 2021
  • Working capital fund $836.92 and reserve fund $1,500.00 deposited at Bank of America
  • Sponsor controls Board for five years after first closing or when all units sold, whichever sooner
  • Current board: Abraham Leser (President), Chazkel Rubin, Chaim Green & Esther Green
  • Sponsor owns 10 units, aggregate monthly common charges $4,558.46, taxes $11,391.96
  • Offering plan term extended six months
What the 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 321063530

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 1575 61st Street's common charges high for the area? They're in line. 1575 61st Street budgets $0.29 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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