40 4th Place Condominium
40 4th Place, Brooklyn, NY 11231
Overview
40 4th Place is a 4-unit condo in Brooklyn.
- Offering plan: Accepted April 2020 · 274 pages
- Finishes: Hardwood floors, laminate kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, American Standard bathroom fittings and split-system units for heating and cooling
- Prices: $1,828 a square foot on average, as first offered; $7 million in all
- Common charges: $216–$378 a month, the sponsor's first-year estimate
- Sponsor: 40 4th Place Holdings, Inc., represented by Paul A. Leff, Esq.; principals Anthony Guglieri
- Subway: 8-minute walk to Carroll St (F, G); 9 minutes to Smith-9 Sts (F, G)
- Amendments: 1, the latest in October 2020
- Units
- 4 residential
- Subway
- 8 min walk to Carroll St F GSmith-9 Sts F G, 9 min
- Principals
- Anthony Guglieri
- Average $/sf
- $1,828Homes in Schedule A, as first offered
- Common charges
- $216–$378 a monthSponsor's first-year estimate in Schedule A, June 1, 2020 through May 31, 2021
- Offering price
- $7 million total
- SubmittedOctober 2020
- AcceptedApril 2020
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Feb 28, 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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Jan 25, 2021
As-built amendment reflecting construction changes, appliance selections, and laundry provisions.
- Storage room added at cellar level
- Common storage room added beneath stair at first floor basement level
- Kitchen layouts revised at basement, first, second, and third floors
- Additional closet added at penthouse level
- Appliances specified: Blomberg refrigerator (24" or 30"), Bertazzoni Range (30") with Zephyr hood, Blomberg dishwasher (18"), Sharp microwave (24")
- Sponsor will not provide washer or dryer; hookups for electric washer and dryer will be provided
- Permanent Certificate of Occupancy anticipated on or before February 1, 2021
Team
- Sponsor
- 40 4th Place Holdings, Inc.
- Principals
- Anthony Guglieri
- Counsel
- Paul A. Leff, Esq.
- Construction lender
- Victory State BankLender on the mortgage and building loan agreement recorded March 2019 in ACRIS; $1.88 million recorded
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
- 109 Luquer Streetnext door · 1988
- 538 Clinton Street Condominiumnext door · 5 units · 1 parking · 2020
- 112 Luquer Street Condominiumnext door · 3 units · 2025
- 110 Luquer Street Condominiumnext door · 3 units · 2025
- Gabriella Condominiumnext door · 3 units · 2025
- 111 Nelson Street Condominiumnext door · 3 units · 2024
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