THE CONDO BOOK PROJECT

217 Lee Avenue Condominium

217 Lee Avenue, Brooklyn, NY 11206

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Overview

217 Lee Avenue is a 3-unit condo in Brooklyn, with 1 commercial unit.

  • Offering plan: Accepted April 2023 · 308 pages · floor plans on pages 146–151
  • Finishes: Hardwood floors, laminate kitchen countertops, wood laminate cabinets, Miele appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $449 a square foot on average, as first offered; $3.25 million in all ($6.5 million when first offered)
  • Common charges: $336–$585 a month, the sponsor's first-year estimate
  • Sponsor: 215 Lee Avenue LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Margaret Silberstein
  • Subway: 7-minute walk to Flushing Av (G); 7 minutes to Broadway (G)
  • Amendments: 1, the latest in July 2023
  1. SubmittedJuly 2023
  2. AcceptedApril 2023
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

2 of 4homes sold (50%)
Every sale: 2 homes, with price and dateSee it free →

From city records (ACRIS), through Oct 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 217 Lee 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 3 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 7 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
215 Lee Avenue LLC
Principals
Margaret Silberstein
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
General contractor
Jozefko ConstructionHeld the general construction permit on DOB job 321564918
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 114

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

Zoning

Zoning district
R6

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

Nearby

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The Condo Book Project Are 217 Lee Avenue's common charges high for the area? No, they're on the low side. 217 Lee Avenue budgets $0.24 per square foot a month, against a $0.54 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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