229 Hawthorne Street Condominium (Elysium)
229 Hawthorne Street, Brooklyn, NY 11225
Overview
Elysium is a 12-unit condo in Brooklyn, with 6 parking units.
- Offering plan: Accepted May 2023 · 341 pages · floor plans on page 55
- Prices: $1,187 a square foot on average, as first offered; $13.3 million in all
- Common charges: $406–$1,638 a month, the sponsor's first-year estimate
- Developer: Pro-H Development; principals Hung Pin Hung
- Sponsor: Aha Hawthorne LLC, represented by Marans Newman Tsolis & Nazinitsky LLC
- Neighborhood: Prospect Lefferts Gardens, Brooklyn
- Subway: 4-minute walk to Winthrop St (2, 5); 10 minutes to Sterling St (2, 5)
- Amendments: 3, the latest in May 2024
- Units
- 12 residential · 6 parking
- Neighborhood
- Prospect Lefferts Gardens, Brooklyn
- Subway
- 4 min walk to Winthrop St 2 5Sterling St 2 5, 10 min
- Developer
- Pro-H Development
- Principals
- Hung Pin Hung
- Average $/sf
- $1,187Homes in Schedule A, as first offered
- Common charges
- $406–$1,638 a monthSponsor's first-year estimate in Schedule A, January 1, 2024- December 31, 2024
- Offering price
- $13.3 million total
- Floor plans
- Page 55 of the plan
- SubmittedAugust 2023
- AcceptedMay 2023
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 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 Elysium's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 12 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 May 17, 2024
Amendment discloses post-closing events, replaces the selling agent with Reavis Partners LLC, and confirms the permanent Certificate of Occupancy.
- First Unit Closing occurred on March 27, 2024
- Permanent Certificate of Occupancy obtained on January 8, 2024
- Declaration recorded on February 5, 2024
- Real estate tax assessments separately apportioned as of February 16, 2024
- Working Capital Account holds $952.69; Reserve Fund holds $952.69
- Units 3A and 3C sold; all other units remain unsold
- Selling Agent replaced with Reavis Partners LLC (477 Ralph Avenue, Brooklyn, NY 11233)
Amendment 2 Jan 3, 2024
Plan declared effective after two units were purchased, and offering term extended by six months.
- Plan declared effective with 2 units (16%) purchased by bona fide purchasers
- Offering term extended by six (6) months from date of amendment
Amendment 1 Aug 29, 2023
Amendment revises architect report, floor plans, first year budget, common interest percentages, and extends offering term by six months.
- Temporary Certificate of Occupancy expected on or around January 1, 2024
- Building substantially completed by August 2023
- Retaining wall will not have horizontal wood slots and decorative metal panels
- First Year Labor cost $9,600.00 for part-time janitor via third-party service provider
- First Year Electricity $17,382.24, Gas $20,015.52, Water & Sewer $7,382.88 based on updated utility projections
- Service Contracts total $9,282.35: Elevator $3,300.00, Fire alarm $1,175.85, Fire sprinkler $1,306.50
- First Year Legal and Audit $4,000.00, Reserve Fund $8,797.00
- Offering term extended six months
Team
- Sponsor
- Aha Hawthorne LLC
- Developer
- Pro-H DevelopmentReported by nyrej.com
- Principals
- Hung Pin Hung
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Popular Bank$5.67 million recorded
- General contractor
- Aha BuildersHeld the general construction permit on DOB job 321188781
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
- C2-3
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 184 Hawthorne Street Condominiumnext door · 8 units · 2025
- 341 Fenimore Street Condominiumnext door · 7 units · 2022
- 256 Winthrop Street Condominium0.1 mi · 8 units · 2021
- 258 Winthrop Street Condominium0.1 mi · 8 units · 2021
- Alcove Residences0.1 mi · 9 units · 2023
- 259 Rutland Condominium0.1 mi · 10 units · 6 parking · 2025
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