THE CONDO BOOK PROJECT

1633 55th Street Condominium

1633 55th Street, Brooklyn, NY 11204

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Overview

1633 55th Street is a 16-unit condo in Brooklyn.

  • Offering plan: 250 pages · floor plans on page 25
  • Finishes: Vinyl plank floors, GE appliances, a washer and dryer in each apartment and Kohler bathroom fittings
  • Prices: $627 a square foot on average, as first offered; $800,000 in all
  • Common charges: $240–$304 a month, the sponsor's first-year estimate
  • Sponsor: Leibish And Dina Lemel, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Michael Fareri
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 10-minute walk to 55 St (D); 11 minutes to 18 Av (N)
  • Other filings: NA240005 (no-action filing, filed 2024)

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 1633 55th 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 →

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 →

Team

Sponsor
Leibish And Dina Lemel
Principals
Michael Fareri
Tax estimate
Victoria SirotaPrepared the first-year real estate tax projection
Landscape architect
Yost Design Landscape ArchitectureNamed on p. 228
Title agency
Statewide Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 57

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

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