THE CONDO BOOK PROJECT

457 Prospect Place Condominium

457 Prospect Place, Brooklyn, NY 11238

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Overview

457 Prospect Place is an 8-unit condo in Brooklyn, with 8 storage units.

  • Offering plan: Accepted March 2007 · 152 pages · floor plans on page 90
  • Finishes: Hardwood floors, wood cabinets, Frigidaire appliances, a washer and dryer in each apartment and split-system units for heating and cooling
  • Prices: $6.64 million in all
  • Sponsor: #1 Prospect Developers, LLC, represented by Stein & Farkas LLP; principals Isaac Broyn
  • Subway: 4-minute walk to Park Pl (S); 11 minutes to Eastern Pkwy-Brooklyn Museum (2, 3)
  • Amendments: 3, the latest in March 2008
  1. SubmittedAugust 2007
  2. AcceptedMarch 2007
  3. 3 amendments

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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Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 10 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
#1 Prospect Developers, LLC
Principals
Isaac Broyn
Tax estimate
Moseson & Associates, PropertyPrepared the first-year real estate tax projection
Title agency
Imperial Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 54

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

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