408 Fenimore Street Condominium (The )
408 Fenimore Street, Brooklyn, NY 11225
Overview
408 Fenimore Street Condominium (The ) is a 6-unit condo in Brooklyn.
- Offering plan: Accepted May 2022 · 341 pages · floor plans on page 34
- Finishes: Wood floors, quartz kitchen countertops, wood cabinets, Samsung appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,046 a square foot on average, as first offered; $4.51 million in all
- Common charges: $374–$950 a month, the sponsor's first-year estimate
- Sponsor: Tf 410 Fenimore Jv LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Eliahu Nahman
- Neighborhood: Prospect Lefferts Gardens, Brooklyn
- Subway: 4-minute walk to Winthrop St (2, 5); 8 minutes to Sterling St (2, 5)
- Amendments: 1, the latest in December 2022
- Units
- 6 residential
- Neighborhood
- Prospect Lefferts Gardens, Brooklyn
- Subway
- 4 min walk to Winthrop St 2 5Sterling St 2 5, 8 min
- Principals
- Eliahu Nahman
- Average $/sf
- $1,046Homes in Schedule A, as first offered
- Common charges
- $374–$950 a monthSponsor's first-year estimate in Schedule A, January 1, 2023- December 31, 2023
- Offering price
- $4.51 million total
- Floor plans
- Page 34 of the plan
- SubmittedDecember 2022
- AcceptedMay 2022
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
6 of 6homes sold (100%)
From city records (ACRIS), through Jun 30, 2026.
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 6 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Nov 29, 2022
Amendment updates special risks disclosures for FinCEN reporting requirements, sets new offering prices for three units, and extends the plan term by six months.
- FinCEN Geographic Targeting Order reporting requirements added for covered transactions (legal entity purchasers, $300,000+, cash/check/wire payments) through April 24, 2023
- Unit 1 offering price set to $1,160,000
- Unit 2 offering price set to $820,000
- Unit 4R offering price set to $822,000
- Plan declared effective as of November 29, 2022 with two units under purchase agreement
- Plan term extended six months from amendment date
- First unit closing cannot occur until amendment is accepted for filing by Department of Law
Team
- Sponsor
- Tf 410 Fenimore Jv LLC
- Principals
- Eliahu Nahman
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Popular Bank
- General contractors
- W & L Group Construction, Morgan Services GroupHeld the general construction permit on DOB job 321594690
- Buyer's lender
- loanDepotThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 198
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
- 410 Fenimore Street Condominiumnext door · 6 units · 2022
- 406 Fenimore Street Condominiumnext door · 6 units · 2022
- 412 Fenimore Street Condominiumnext door · 6 units · 2022
- 371 Hawthorne Street Condominiumnext door · 8 units · 2026
- Calvert Villasnext door · 10 units · 2024
- 373 Rutland Road Condominiumnext door · 9 units · 2026
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