419 Manhattan Avenue Condominium
419 Manhattan Avenue, Brooklyn, NY 11222
Overview
419 Manhattan Avenue is a new 5-unit condo in Brooklyn.
- Offering plan: Accepted November 2024 · 514 pages · floor plans on page 18
- Finishes: 8'12" ceilings, wood floors, stone kitchen countertops, oak cabinets, Bosch appliances, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
- Prices: $1,745 a square foot on average, as first offered; $10 million in all
- Common charges: $660–$923 a month, the sponsor's first-year estimate
- Sponsor: 419 Manhattan Avenue LLC, represented by Starr Associates, LLP; principals Francziska Cielepak, Hubert Nowakowski and Janus Czuj
- Subway: 8-minute walk to Nassau Av (G); 9 minutes to Graham Av (L)
- Amendments: 2, the latest in August 2025
- Units
- 5 residential
- Subway
- 8 min walk to Nassau Av GGraham Av L, 9 min
- Principals
- Francziska Cielepak, Hubert Nowakowski, Janus Czuj
- Average $/sf
- $1,745Homes in Schedule A, as first offered
- Common charges
- $660–$923 a monthSponsor's first-year estimate in Schedule A, January 1 2025 - December 31 2025
- Offering price
- $10 million total
- Floor plans
- Page 18 of the plan
- SubmittedApril 2025
- AcceptedNovember 2024
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2025.
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.
Each home's estimate, city bills and tax breaksSee it free →Compare
| Figure | This building1 | The Park House25 units · 0.3 miaccepted 2024 | The Grand Manhattan35 units · 0.1 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.74Highest | $0.45 | $0.40 |
| Average Offering PricePer Apartment | $2MBelow peers | $2.05M | $2.31M |
| Average PricePer Square Foot | $1,745Above peers | $1,714 | $1,709 |
| Average Unit SizeSquare Feet | 1,146 SFSmaller | 1,194 SF | 1,352 SF |
How We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Aug 5, 2025
Managing agent changed from Monarch Realty Group Holdings to FiDY Management Inc.
- Managing agent changed to FiDY Management Inc., located at 227 Sea Breeze Avenue, Suite C-404, Brooklyn, NY 11222
- Management fee is less than Monarch's fee and remains subsidized by Sponsor
Amendment 1 Apr 23, 2025
Plan declared effective upon receipt of two purchase agreements representing 40% of five units offered for sale.
- Plan declared effective based on two purchase agreements from bona fide purchasers
- Two units purchased: one on March 17, 2025 and one on March 11, 2025
- Term of plan extended
Team
- Sponsor
- 419 Manhattan Avenue LLC
- Principals
- Francziska Cielepak, Hubert Nowakowski, Janus Czuj
- Counsel
- Starr Associates, LLP
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Terra Solid CapitalLender on the mortgage and building loan agreement recorded July 2024 in ACRIS; $7.54 million recorded
- Structural engineer
- Scarano Architect, PLLCNamed on p. 156
- MEP engineer
- NODE Architecture Engineering Consulting P.C.Mechanical, electrical and plumbing · Named on p. 44
- Title agency
- Paragon Abstract, Inc.The sponsor's title company for buyers; you can choose another · Named on p. 42
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- M1-2/R6A
- Special district
- Special Mixed Use District (MX-8) (MX-8)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Bayard Pointenext door · 5 units · 2017
- 122 Newton Condominiumnext door · 5 units · 2008
- 383 Manhattan Avenue Condominium0.1 mi · 6 units · 2021
- 390 Manhattan Avenue Condominium0.1 mi · 5 units · 2024
- 174 Richardson Street Condominium0.1 mi · 3 units · 2021
- 110 Withers Street Condominium0.2 mi · 4 units · 2023
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