THE CONDO BOOK PROJECT

1623 40th Street Condominium

1623 40th Street, Brooklyn, NY 11218

Compare

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
  1. SubmittedMay 2025
  2. AcceptedJuly 2024
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

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

FigureThis building11451 59th23 units · 1 miaccepted 20241513 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 Feet1,813 SFIn line2,244 SF1,354 SF
Unit mix, amenities, finishes, utilities and operating costs against 1451 59th and 1513 51stUnlock the rest with a free account
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 →

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
What each amendment changed, line by lineSee it free →

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

Free in ChatGPT or Claude

Ask Claude or ChatGPT about 1623 40th Street

The fastest way to know any condo or co-op

Get Connected →
The Condo Book Project Are 1623 40th Street's common charges high for the area? Yes, they're on the high side. 1623 40th Street budgets $0.26 per square foot a month, against a $0.23 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?