THE CONDO BOOK PROJECT

450 Hart Street Condominium

450 Hart Street, Brooklyn, NY 11221

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Overview

450 Hart Street is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted December 2019 · 328 pages · floor plans on pages 156–159
  • Finishes: Engineered wood floors, marble kitchen countertops, plastic laminate cabinets, Fisher & Paykel and Bosch appliances and a washer and dryer in each apartment
  • Prices: $1,533 a square foot on average, as first offered; $5.68 million in all
  • Sponsor: 450 Hart Street LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Hai Feng Mai
  • Subway: 5-minute walk to Myrtle Av (J, M, Z); 6 minutes to Kosciuszko St (J)
  • Amendments: 3, the latest in December 2020
  1. SubmittedMarch 2020
  2. AcceptedDecember 2019
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through May 31, 2025.

First-Year Budget

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Ask Claude or ChatGPT: How do 450 Hart Street's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 1 home.

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 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 3 Dec 21, 2020

Budget updated to reflect January 1, 2021 commencement of condominium operations, and offering plan extended six months.

  • Budget updated for January 1, 2021 projected commencement of condominium operations
  • Offering plan terms extended for six (6) months
  • First closing anticipated by January 1, 2021

Amendment 2 Aug 3, 2020

Plan declared effective with one unit sold and offering term extended six months.

  • Plan declared effective as of August 3, 2020
  • Unit 3A purchased by Dacia Jett for $439,000.00
  • Offering plan term extended for six (6) months
  • Closing to be scheduled not less than 30 days after amendment acceptance

Amendment 1 Mar 4, 2020

First amendment corrects square footage calculations, reallocates front yard to Unit 1A, clarifies rooftop terrace conditions, discloses stair code non-compliance, confirms no units in contract, and extends offering term by six months.

  • Unit 1A square footage increased from 309 to 326; Unit 1A cellar from 302 to 509; Unit 1A front yard from 0 to 115
  • Unit 1B square footage increased from 478 to 490; cellar from 484 to 663; rear yard from 772 to 765; areaway removed
  • Unit 2A, 2B, 3A square footages adjusted; Unit 2B roof terrace from 180 to 181
  • Common interest percentages adjusted for all units
  • Rooftop terrace will not be included in Certificate of Occupancy; owners wanting terrace use must pay approximately $10/sq ft for roof walking surface system and approximately $15,000 for CO amendment and professional work
  • Winder stairs in Units 1A, 1B, 2A, 2B, 3B do not meet 2014 Building Code; unit owners responsible for reconstruction costs if DOB requires
  • Offering term extended six months
What each amendment changed, line by lineSee it free →

Team

Sponsor
450 Hart Street LLC
Principals
Hai Feng Mai
Tax estimate
Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
Property report
Allen Shinfeld, P.E.Prepared the plan's description of the property and its condition · Named on p. 122

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Zoning

Zoning district
R6B

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 450 Hart Street's common charges high for the area? No, they're on the low side. 450 Hart Street budgets $0.39 per square foot a month, against a $0.60 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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