1623 40th Street Condominium
1623 40th Street, Brooklyn, NY 11218
Overview
1623 40th Street is a new 3-unit condo in Brooklyn.
- Offering plan: Accepted July 2024 · 303 pages · floor plans on page 32
- Finishes: 9-foot ceilings, hardwood floors, laminate kitchen countertops, wood laminate cabinets, Liebherr and Miele appliances, washer/dryer hook-ups and Delta bathroom fittings
- Prices: $827 a square foot on average, as first offered; $5.17 million in all ($4.5 million when first offered)
- Common charges: $401–$595 a month, the sponsor's first-year estimate
- Sponsor: Dahill Rd Holdings LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Moshe Nussenzweig
- Neighborhood: Borough Park, Brooklyn
- Subway: 2-minute walk to Ditmas Av (F); 9 minutes to 18 Av (F)
- Amendments: 2, the latest in December 2025
- Units
- 3 residential
- Neighborhood
- Borough Park, Brooklyn
- Subway
- 2 min walk to Ditmas Av F18 Av F, 9 min
- Principals
- Moshe Nussenzweig
- Average $/sf
- $827Homes in Schedule A, as first offered
- Common charges
- $401–$595 a monthSponsor's first-year estimate in Schedule A, 1/1/2025 - 12/31/2025
- Offering price
- $5.17 million total $4.5 million when first offered
- Floor plans
- Page 32 of the plan
- SubmittedMay 2025
- AcceptedJuly 2024
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 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 1623 40th 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 →Compare
| Figure | This building1 | 1451 59th23 units · 1 miaccepted 2024 | 1513 51st34 units · 0.6 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.26Above peers | $0.23 | $0.25 |
| Average Offering PricePer Apartment | $1.5MIn line | $2M | $1.26M |
| Average PricePer Square Foot | $827Below peers | $873 | $932 |
| Average Unit SizeSquare Feet | 1,813 SFIn line | 2,244 SF | 1,354 SF |
How We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
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 →The Building
Amendments
Amendment 2 Dec 1, 2025
Offering prices for three units are amended.
- Unit One price: $1,750,000.00
- Unit Two price: $1,750,000.00
- Unit Three price: $1,670,000.00
Amendment 1 Apr 30, 2025
Common interest percentages for the three residential units are updated, and the offering plan term is extended by six months.
- Common interest percentages updated: Unit 1 at 40.00%, Unit 2 at 30.00%, Unit 3 at 30.00%
- Offering plan term extended for six (6) months
- Updated Schedule A and 339-i letter attached
Team
- Sponsor
- Dahill Rd Holdings LLC
- Principals
- Moshe Nussenzweig
- Tax estimate
- Re Tax ServicePrepared the first-year real estate tax projection
- Property report
- Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 113
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R5
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 1568 38th Street Condominium0.1 mi · 3 units · 2021
- 1544 41st Street Condominium0.1 mi · 3 units · 2021
- 1519 39th Street Condominium0.2 mi · 4 units · 2019
- Eretz One Condominium0.2 mi · 36 units · 18 parking · 2009
- 1571 45th Street Condominium0.3 mi · 3 units · 2025
- 1532 45th Street Condominium0.3 mi · 4 units · 2023
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