THE CONDO BOOK PROJECT

23 Wyckoff Street Condominium

23 Wyckoff Street, Brooklyn, NY 11201

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Overview

23 Wyckoff Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted August 2022 · 312 pages · floor plans on page 4
  • Finishes: Hardwood floors, quartz kitchen countertops, painted wood cabinets, Liebherr, Bertazzoni and Smeg appliances, a washer and dryer in each apartment and Gerber bathroom fittings
  • Prices: $1,934 a square foot on average, as first offered; $5.8 million in all
  • Common charges: $503–$602 a month, the sponsor's first-year estimate
  • Developer: Minerva Capital Holdings LLC; principals Omri Bar-Mashiah
  • Sponsor: 23 Wyckoff LLC, represented by Tsyngauz & Associates, P.C.
  • Neighborhood: Boerum Hill, Brooklyn
  • Subway: 3-minute walk to Bergen St (F, G); 9 minutes to Borough Hall/Court St (2, 3, 4, 5, R)
  • Amendments: 1, the latest in November 2022
  1. SubmittedNovember 2022
  2. AcceptedAugust 2022
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

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 23 Wyckoff 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 5 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Nov 9, 2022

Amendment declares the plan effective, updates budget and unit specifications, revises unit prices, and confirms temporary certificate of occupancy.

  • Plan declared effective September 27, 2022 with 2 units (50% of total) accepted
  • Temporary certificate of occupancy issued January 19, 2023
  • Insurance cost increased to $3,730.00 and reserve fund to $2,761.00, total increase of $1,345.00 (5.12%)
  • Unit 1 assigned storage as limited common element
  • Storage spaces decreased for Units 2, 3, and 4
  • Roof terraces decreased for Units 3 and 4
  • All unit sizes increased
  • Unit 2 increased to 3 bedrooms
What the amendment changed, line by lineSee it free →

Team

Sponsor
23 Wyckoff LLC
Principals
Omri Bar-Mashiah
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Quanta Finance$3.8 million loan stated in the plan
Property report
TECHNEMOTION DESIGN LLCPrepared the plan's description of the property and its condition · Named on p. 143

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

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The Condo Book Project Are 23 Wyckoff Street's common charges high for the area? Yes, they're on the high side. 23 Wyckoff Street budgets $0.52 per square foot a month, against a $0.36 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?