702 44th St./One Sunset Park Condo
4401 Seventh Avenue A/K/A 702 44th Street, Brooklyn, NY 11220
Overview
702 44th St./One Sunset Park Condo is a 54-unit condo conversion in Brooklyn.
- Offering plan: Accepted September 2008 · 314 pages · floor plans on page 24
- Prices: $529 a square foot on average, as first offered; $21.4 million in all
- Common charges: $217–$434 a month, the sponsor's first-year estimate
- Developers: Sierra Realty Corp. and Six Sons LLC; principals James R. Wacht, Paul J. Klausner and Peter Braus
- Sponsor: 4401 Sunset Holdings, LLC, represented by Goldstick, Weinberger, Feldman, Etal P.C.
- Subway: 10-minute walk to 45 St (R); 11 minutes to Fort Hamilton Pkwy (D)
- Amendments: 15, the latest in April 2018
- Units
- 54 residential
- Subway
- 10 min walk to 45 St RFort Hamilton Pkwy D, 11 min
- Developers
- Sierra Realty Corp., Six Sons LLC
- Principals
- James R. Wacht, Paul J. Klausner, Peter Braus
- Average $/sf
- $529Homes in Schedule A, as first offered
- Common charges
- $217–$434 a monthSponsor's first-year estimate in Schedule A, October 1, 2008 – September 30, 2009
- Offering price
- $21.4 million total
- Floor plans
- Page 24 of the plan
- SubmittedSeptember 2008
- AcceptedSeptember 2008
- 15 amendments
- First sale
- Latest sale
Units & Prices
Sales
54 of 54homes sold (100%)
From city records (ACRIS), through May 31, 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 →Closing Costs
The plan lists what a buyer pays at closing.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- 4401 Sunset Holdings, LLC
- Developers
- Sierra Realty Corp., Six Sons LLC
- Principals
- James R. Wacht, Paul J. Klausner, Peter Braus
- Tax estimate
- Podell, Schwartz, Schecter & Banfield, LLPPrepared the first-year real estate tax projection
- Construction lender
- North Fork BankLender on the mortgage and building loan agreement recorded December 2006 in ACRIS; $6.79 million recorded
- Title agency
- American Land Services, Inc.The sponsor's title company for buyers; you can choose another · Agent for Commonwealth Title Company · Named on p. 67
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R7A, R6BThe lot is split between two districts, the largest share first
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Placid 45 Condominium0.2 mi · 23 units · 12 parking · 2024
- Hua Xing Condominium0.2 mi · 14 units · 2020
- 821 45th Street Condominium0.2 mi · 2026
- 4112 8th Avenue Condominium0.2 mi · 8 units · 2022
- 4102 8th Avenue Condominium0.2 mi · 30 units · 15 parking · 2019
- 756 40th Street Condominium0.2 mi · 7 units · 2022
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 702 44th St./One Sunset Park Condo
The fastest way to know any condo or co-op
Get Connected →