179 Jackson Street Condominium
179 Jackson Street, Brooklyn, NY 11211
Overview
179 Jackson Street is a 6-unit condo in Brooklyn.
- Offering plan: Accepted April 2024 · 453 pages · floor plans on page 3
- Finishes: 8-foot ceilings, hardwood floors, granite kitchen countertops, wood stock-size cabinets, GE and Frigidaire appliances, Kohler bathroom fittings and split-system units for heating and cooling
- Prices: $1,457 a square foot on average, as first offered; $7.05 million in all
- Common charges: $620–$1,745 a month, the sponsor's first-year estimate
- Sponsor: 179 Jackson St. LLC, represented by Starr Associates, LLP; principals Francesco Fortunato, Michael Fortunato and Neidejane Fortunato
- Subway: 4-minute walk to Graham Av (L); 8 minutes to Grand St (L)
- Amendments: 3, the latest in April 2025
- Units
- 6 residential
- Subway
- 4 min walk to Graham Av LGrand St L, 8 min
- Principals
- Francesco Fortunato, Michael Fortunato, Neidejane Fortunato
- Average $/sf
- $1,457Homes in Schedule A, as first offered
- Common charges
- $620–$1,745 a monthSponsor's first-year estimate in Schedule A, April 1 2024 - March 31 2025
- Offering price
- $7.05 million total
- Floor plans
- Page 3 of the plan
- SubmittedSeptember 2024
- AcceptedApril 2024
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 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 179 Jackson 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 4 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 2 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Apr 28, 2025
Third Amendment updates building operational matters following first closing on January 15, 2025, including board composition, sponsor financial disclosures, and unsold unit offerings.
- First Closing occurred January 15, 2025 for Unit 4
- Condominium Board members: Francesco Fortunato (President), Neidejane Fortunato (Vice President), Michael Fortunato (Secretary/Treasurer)
- Common Charges waived for all unit owners from January 15, 2025 to February 28, 2025
- Working Capital Account established at Citibank with approximately $11,100
- Sponsor sold 3 Units; 3 Units remain unsold
- Loan with Layla Lending LLC subordinated to Declaration; outstanding balance $32,110 with expiration date January 31, 20251
- Real estate tax escrow of $25,431.30 deposited by Sponsor
- First Annual Meeting to be held approximately 30 days after second anniversary of First Closing
Amendment 2 Oct 10, 2024
Plan declared effective upon receipt of one purchase agreement for 16.67% of the six residential units.
- Plan declared effective based on one purchase agreement representing 16.67% of six residential units
- Unit 4 purchase agreement executed on October 2, 2024
Amendment 1 Sep 10, 2024
Amendment updates the First Year of Condominium Operation to commence November 1, 2024, with new Schedule A prices, budgets, reserve fund study, and changes selling agent to Serhant LLC.
- First Year of Condominium Operation now scheduled to commence November 1, 2024
- First Closing date amended to November 1, 2024
- Updated Schedule A with new offering prices, common charges, and real estate taxes
- Updated First Year's Budget for November 1, 2024 – October 31, 2025
- New Reserve Fund Study dated June 3, 2024
- Selling Agent changed to Serhant LLC at 372 West Broadway, New York, NY 10012
- Unit 1 offered for sale; principals of Sponsor currently occupying as primary residence
- Sponsor commenced tax certiorari proceedings for 2024/2025 tax year reduction
Team
- Sponsor
- 179 Jackson St. LLC
- Principals
- Francesco Fortunato, Michael Fortunato, Neidejane Fortunato
- Counsel
- Starr Associates, LLP
- Tax estimate
- Marcus & Pollack, LLPPrepared the first-year real estate tax projection
- Title agency
- Express Abstract Services, Inc.The sponsor's title company for buyers; you can choose another · Named on p. 36
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 181 Jackson Street Condominiumnext door · 4 units · 2023
- 175 Jacksonnext door · 14 units · 7 parking · 2017
- 204 Withers Street Condominiumnext door · 7 units · 2025
- 180 Jackson Street Condominiumnext door · 5 units · 2017
- 174 Jackson Street Condominiumnext door · 8 units · 2011
- 191 Withers Street Condominiumnext door · 6 units · 2019
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