205 14th Street Condominium
205 14th Street, Brooklyn, NY 11215
Overview
205 14th Street is a 5-unit condo in Brooklyn.
- Offering plan: Accepted March 2024 · 326 pages · floor plans on page 4
- Finishes: Hardwood floors, Bertazzoni and Blomberg appliances, a washer and dryer in each apartment, Delta bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,777 a square foot on average, as first offered; $11.9 million in all ($11.4 million when first offered)
- Common charges: $502–$1,148 a month, the sponsor's first-year estimate
- Developers: OMNI Build Inc., Saffayeh Construction Corp. and Saffayeh Development LLC; principals Elie Fouerti, Robert Saffayeh, Vyacheslav Faybyshev and Gabriel Saffayeh
- Sponsor: 205 14th Street LLC, represented by Tsyngauz & Associates, P.C.
- Neighborhood: Park Slope, Brooklyn
- Subway: 4-minute walk to Prospect Av (R); 5 minutes to 4 Av-9 St (F, G, R)
- Amendments: 4, the latest in April 2025
- Units
- 5 residential
- Neighborhood
- Park Slope, Brooklyn
- Subway
- 4 min walk to Prospect Av R4 Av-9 St F G R, 5 min
- Principals
- Elie Fouerti, Robert Saffayeh, Vyacheslav Faybyshev, Gabriel Saffayeh
- Average $/sf
- $1,777Homes in Schedule A, as first offered
- Common charges
- $502–$1,148 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
- Offering price
- $11.9 million total $11.4 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedApril 2024
- AcceptedMarch 2024
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
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)
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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 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 4 Apr 16, 2025
Amendment records post-closing matters including occupancy certificates, board transition, and easement agreements with adjacent property.
- First unit closed November 4, 2024
- Temporary certificates of occupancy issued October 15, 2024, January 8, 2025, and March 27, 2025
- Final certificate of occupancy anticipated by end of May 2025
- Condominium declaration recorded September 11, 2024
- Board of Managers control transferred to unit owners on November 20, 2024
- Operating account has $7,237.66, working capital fund has $1,061.68, reserve fund has $754.35
- One unsold townhouse unit with monthly common charges of $1,148.06 and monthly real estate taxes of $2,477.76
- Vault and recreation easements with adjacent property at 228 13th Street recorded
Amendment 3 Oct 2, 2024
Amendment revises unit designations, adjusts unit square footages and storage/outdoor spaces, records parking easement for neighboring development, and extends offering term.
- Unit designations changed: Unit 1 to Unit 2L, Unit 2 to Unit 2R, Penthouse 1 to Unit PHL, Penthouse 2 to Unit PHR
- Temporary certificate of occupancy issued October 15, 2024; final certificate of occupancy anticipated December 2024
- Unit 2L habitable square footage increased to 1,059.00 square feet
- Unit 2R habitable square footage decreased to 1,124.00 square feet
- Garage, Ramp, and Parking Easement recorded August 15, 2024 in CRFN 2024000212548 for neighboring Lot 15 development
- Multiple storage space square footages decreased for Units Townhouse, 2L, 2R, PHL, and PHR
- Offering plan term extended six months from filing date
Amendment 1 Apr 26, 2024
Offering prices revised for Townhouse and Penthouse 2 units.
- Townhouse price changed to $4,500,000.00
- Penthouse 2 price changed to $1,995,000.00
Team
- Sponsor
- 205 14th Street LLC
- Principals
- Elie Fouerti, Robert Saffayeh, Vyacheslav Faybyshev, Gabriel Saffayeh
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
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
- Ainsley Condominiumnext door · 28 units · 20 parking · 2025
- Harbor Hill Condominiumnext door · 21 units · 11 parking · 2009
- 257 13th Street Condominiumnext door · 4 units · 2021
- 270 12th Street Condominiumnext door · 4 units · 2020
- 500 4th Avenue Condo0.1 mi · 135 units · 1 parking · 2008
- 554 4th Avenue Condominium0.1 mi · 40 units · 2017
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