45 Argyle Road Condominium
45 Argyle Road, Brooklyn, NY 11218
Overview
45 Argyle Road is a 16-unit condo in Brooklyn.
- Offering plan: Accepted April 2022 · 324 pages · floor plans on page 32
- Finishes: Hardwood floors, laminate kitchen countertops, Whirlpool appliances, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $887 a square foot on average, as first offered; $12.4 million in all ($11.4 million when first offered)
- Common charges: $396–$605 a month, the sponsor's first-year estimate
- Developer: Renaissance Realty Group; principals Marc Chemtob, David Chemtob and Samuel Kairy
- Sponsor: 39-45 Arglye LLC, represented by Jeffrey Zwick & Associates, P.C.
- Subway: 6-minute walk to Church Av (B, Q); 9 minutes to Beverley Rd (Q)
- Amendments: 2, the latest in April 2023
- Units
- 16 residential
- Subway
- 6 min walk to Church Av B QBeverley Rd Q, 9 min
- Developer
- Renaissance Realty Group
- Principals
- Marc Chemtob, David Chemtob, Samuel Kairy
- Average $/sf
- $887Homes in Schedule A, as first offered
- Common charges
- $396–$605 a monthSponsor's first-year estimate in Schedule A, March 1, 2022 - February 28, 2023
- Offering price
- $12.4 million total $11.4 million when first offered
- Floor plans
- Page 32 of the plan
- SubmittedAugust 2022
- AcceptedApril 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 31, 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 for 16 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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Apr 20, 2023
Amendment updates unit prices, confirms first closing occurred, and reports on board control and unit sales status.
- First closing occurred January 17, 2023
- Unit 3D price: $858,000.00
- Unit 4D price: $825,000.00
- Working capital fund $9,116.77 deposited; reserve fund $1,012.97
- Sponsor has sold 10 of 16 units; retains 6 units
- Sponsor controls board; will relinquish control at earlier of 5 years after first closing or when unsold units less than 25%
- Letter of Completion issued January 6, 2023; no Certificate of Occupancy required
- Declaration recorded December 6, 2022; sponsor paid taxes through June 30, 2023
Amendment 1 Aug 30, 2022
Plan declared effective after four units purchased, and offering prices for six units amended.
- Plan declared effective based on purchase of four units (25% of 16 units)
- Unit 2B price: $775,000.00
- Unit 2C price: $765,000.00
- Unit 3A price: $925,000.00
- Unit 3B price: $925,000.00
- Unit 4A price: $895,000.00
- Unit 4B price: $895,000.00
- Unit 4C price: $695,000.00
Team
- Sponsor
- 39-45 Arglye LLC
- Developer
- Renaissance Realty Group
- Principals
- Marc Chemtob, David Chemtob, Samuel Kairy
- Tax estimate
- RE Tax ServicePrepared the first-year real estate tax projection
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 39 Argyle Road Condominiumnext door · 16 units · 2022
- Presidio Condominium0.2 mi · 20 units · 2017
- 26 East 19th Street Condominium0.3 mi · 26 units · 2018
- 15 East 19th Street Condominium0.3 mi · 33 units · 2018
- 23 Ocean Parkway Condominium0.3 mi · 99 units · 2025
- 232 East 18th Street Condominium0.3 mi · 29 units · 8 parking · 2021
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