THE CONDO BOOK PROJECT

179 West End Avenue Condominium

179 West End Avenue, Brooklyn, NY 11235

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Overview

179 West End Avenue is a 10-unit condo in Brooklyn, with 2 commercial units.

  • Offering plan: Accepted February 2020 · 360 pages · floor plans on page 26
  • Finishes: Vinyl plank floors, laminate kitchen countertops, Hampton Bay cabinets, Frigidaire appliances, washer/dryer hook-ups and fan coil units for heating and cooling
  • Prices: $803 a square foot on average, as first offered; $9.97 million in all
  • Common charges: $125–$345 a month, the sponsor's first-year estimate
  • Sponsor: 177 West End LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Leonid Bogomolniy
  • Subway: 10-minute walk to Brighton Beach (B, Q); 13 minutes to Sheepshead Bay (B, Q)
  • Amendments: 2, the latest in March 2021
  1. SubmittedAugust 2020
  2. AcceptedFebruary 2020
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

10 of 12homes sold (83%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2025.

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 West End Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 7 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Mar 22, 2021

Amendment removes 421-a tax abatement eligibility, updates 2021/2022 property taxes with credits for prior purchasers, clarifies sponsor's right to rent units, and revises budget and common charges.

  • 421-a tax abatement eligibility removed; tax projections revised
  • 2021/2022 assessed value $1,285,913; sponsor provides one-time tax credit to closed and in-contract purchasers
  • Sponsor retains unconditional right to rent units; no commitment to sell beyond 15% or two units
  • Cooperative and Condominium Tax Abatement eligibility described; maximum 17.5% annual benefit available
  • First closing occurred January 28, 2021
  • Certificate of Occupancy issued December 18, 2020
  • Working capital fund $5,231.00 at Chase Bank; reserve fund $523.00 at Chase Bank
  • Sponsor owns 2 commercial and 7 residential unsold units; controls Board until 5 years from first closing or unsold units below 25%

Amendment 1 Aug 17, 2020

Amendment adds FinCEN reporting requirements for certain cash purchases, declares the plan effective with 2 units under contract, and extends the plan term by 6 months.

  • FinCEN Currency Transaction Report required for certain cash purchases of $300,000+ by business entities without bank financing
  • Plan declared effective August 17, 2020 with 2 units (20% of residential units) under executed purchase agreements
  • First unit closing cannot occur until amendment is accepted for filing by Department of Law
  • Plan term extended 6 months from amendment date
What each amendment changed, line by lineSee it free →

Team

Sponsor
177 West End LLC
Principals
Leonid Bogomolniy
Construction lender
S3 Capital$4 million recorded
General contractors
G-Nado, Nadkos, StructurelineHeld the general construction permit on DOB job 321189307
Title agency
Riverside Abstract Co., LLCThe sponsor's title company for buyers; you can choose another · Named on p. 81
Buyer's lender
Wells FargoThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 229

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6
Commercial overlay
C1-2

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 179 West End Avenue's common charges high for the area? They're in line. 179 West End Avenue budgets $0.45 per square foot a month, against a $0.43 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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