232 East 18th Street Condominium
232 East 18th Street, Brooklyn, NY 11226
Overview
232 East 18th Street is a 29-unit condo in Brooklyn, with 8 parking units.
- Offering plan: Accepted February 2021 · 261 pages · floor plans on page 66
- Finishes: 8'8" ceilings, quartz kitchen countertops, At-Tre Cucine cabinets, Samsung, Whirlpool and Beko appliances, American Standard bathroom fittings and split-system units for heating and cooling
- Prices: $1,024 a square foot on average, as first offered; $18.8 million in all
- Common charges: $92–$242 a month, the sponsor's first-year estimate
- Developer: B&O Construction LLC; principals Boris Tansky, Oleg Krasnitskiy, Anna Kripitser, Fione Tsatskin, Kristina Valler, Lenny Tsatskin, Mayya Fleyshmakher and Rina Granik
- Sponsor: Anfiri Realty LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.
- Subway: 4-minute walk to Beverley Rd (Q); 6 minutes to Church Av (B, Q)
- Amendments: 4, the latest in March 2023
- Units
- 29 residential · 8 parking
- Subway
- 4 min walk to Beverley Rd QChurch Av B Q, 6 min
- Developer
- B&O Construction LLC
- Principals
- Boris Tansky, Oleg Krasnitskiy, Anna Kripitser, Fione Tsatskin, Kristina Valler, Lenny Tsatskin, Mayya Fleyshmakher, Rina Granik
- Average $/sf
- $1,024Homes in Schedule A, as first offered
- Common charges
- $92–$242 a monthSponsor's first-year estimate in Schedule A, January 1, 2021 - December 31, 2021
- Offering price
- $18.8 million total
- Floor plans
- Page 66 of the plan
- SubmittedApril 2021
- AcceptedFebruary 2021
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Dec 31, 2024.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 29 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 →The Building
Amendments
Amendment 3 Feb 7, 2022
Adds three single-member LLCs as co-declarants to the condominium declaration and extends the offering plan by six months.
- Three single-member LLCs (LT 232 East 18th Street, LLC; MF 232 East 18th Street, LLC; KV 232 East 18th Street, LLC) added as co-declarants to the Declaration
- Offering plan extended by six months from amendment date
Amendment 2 2021
Second amendment updates condominium name, extends first closing deadline to July 6, 2024 due to COVID-19 tolling, adds preferred lender financing option, revises Unit 8A terrace allocations, and shifts transfer tax obligations to purchasers.
- Condominium name changed from Park West Condominium to The 232 East 18th Street Condominium
- First closing deadline extended to July 6, 2024 (from December 31, 2022) due to COVID-19 Executive Order tolling period of 554 days
- Mortgage contingency only applies if purchaser applies through preferred lender Guy Aboutboul of FM Home Loans, LLC; otherwise financing is not a contingency
- Unit 8A terrace areas reduced from 549 sf total (155 sf and 394 sf) to 451 sf total (57 sf and 349 sf) as limited common elements
- Purchaser now responsible for paying New York State Transfer Tax ($4.00 per $1,000 of purchase price) instead of sponsor paying and grossing up
- New York City Real Property Transfer Tax (1.425% of purchase price) transferred to purchaser with grossed-up effect
- 45-day period to obtain financing through preferred lender from date of signed Purchase Agreement
Amendment 1 Apr 28, 2021
Plan declared effective after five residential units were sold, representing 17.24% of total units.
- Plan declared effective as of April 28, 2021
- Five units sold: 2D, 3D, 4A, 4D, 7D (17.24% of residential units)
- Offering period extended six months from amendment date
- No closings scheduled until amendment filed by Department of Law
Team
- Sponsor
- Anfiri Realty LLC
- Developer
- B&O Construction LLC
- Principals
- Boris Tansky, Oleg Krasnitskiy, Anna Kripitser, Fione Tsatskin, Kristina Valler, Lenny Tsatskin, Mayya Fleyshmakher, Rina Granik
- Tax estimate
- Boris Saks, Esq., PLLCPrepared the first-year real estate tax projection
- General contractor
- Jacobs DevelopmentHeld the general construction permit on DOB job 321796678
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 608 Ocean Avenue Condominium0.2 mi · 32 units · 7 parking · 2025
- 26 East 19th Street Condominium0.2 mi · 26 units · 2018
- 385 East 18th Street0.3 mi · 1988
- 15 East 19th Street Condominium0.3 mi · 33 units · 2018
- 567 Ocean Condominium0.3 mi · 108 units · 54 parking · 2019
- 45 Argyle Road Condominium0.3 mi · 16 units · 2022
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