Kings Point Condominium
1657 East 19th Street, Brooklyn, NY 11229
Overview
Kings Point is a 15-unit condo in Brooklyn.
- Offering plan: Accepted July 2022 · 227 pages · floor plans on page 3
- Finishes: Hardwood floors, laminate kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, American Standard bathroom fittings and split-system units for heating and cooling
- Prices: $891 a square foot on average, as first offered; $7.54 million in all
- Common charges: $135–$220 a month, the sponsor's first-year estimate
- Sponsor: 2769a East 15th Street, LLC, represented by Boris Saks, Esq. Pllc; principals Kenneth Murdak, Ocher Aminov and Rudolf Samandarov
- Subway: 5-minute walk to Kings Hwy (B, Q); 16 minutes to Avenue M (Q)
- Amendments: 3, the latest in July 2024
- Units
- 15 residential
- Subway
- 5 min walk to Kings Hwy B QAvenue M Q, 16 min
- Principals
- Kenneth Murdak, Ocher Aminov, Rudolf Samandarov
- Average $/sf
- $891Homes in Schedule A, as first offered
- Common charges
- $135–$220 a monthSponsor's first-year estimate in Schedule A, Expected To Commence October 1, 2022
- Offering price
- $7.54 million total
- Floor plans
- Page 3 of the plan
- SubmittedFebruary 2023
- AcceptedJuly 2022
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Dec 31, 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 Kings Point's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 14 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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Jul 26, 2024
Board of Managers transferred to unit owners, sponsor no longer in control, and final Certificate of Occupancy filed.
- Board of Managers turned over to unit owners on December 15, 2023
- Sponsor holds less than 10% of units and is no longer in control
- Final Certificate of Occupancy filed on June 22, 2022
- Plan declared effective January 9, 2023
- No approved current budgets or financial statements available from Board of Managers
Amendment 2 Aug 22, 2023
Amendment confirms building completion, closings, and extends the plan for six months.
- Plan declared effective January 9, 2023; Declaration recorded June 21, 2023
- Eight units closed as of amendment date; first closing (unit 4B) on July 6, 2023
- Four units in contract: 2B, 5A, 6A, 8B
- Sponsor retains control of seven units; Sponsor controls Board of Managers
- Final Certificate of Occupancy filed June 23, 2022
- Working Capital Fund of $3202.00 held at JPMorgan Chase Bank
- Plan extended for six months
Amendment 1 Jan 9, 2023
Plan declared effective after three units sold; first closing expected March 1, 2023.
- Purchase agreements accepted for 3 residential units (20% of units offered)
- Plan declared effective as of January 9, 2023
- First closing expected March 1, 2023
Team
- Sponsor
- 2769a East 15th Street, LLC
- Principals
- Kenneth Murdak, Ocher Aminov, Rudolf Samandarov
- Counsel
- Boris Saks, Esq. Pllc
- Construction lender
- Colorado Savings Bank$4.1 million recorded
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Skyline Condominiumnext door · 20 units · 21 parking · 2016
- Onyx Square Condominiumnext door · 56 units · 28 parking · 2017
- Homecrest Condominiumnext door · 22 units · 6 parking · 2020
- 2131 Ocean Avenue Condominiumnext door · 16 units · 14 parking · 2019
- Ocean Manor Condominium0.1 mi · 37 units · 2026
- Lamont0.1 mi · 1988
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