THE CONDO BOOK PROJECT

4720 15th Avenue Condominium

4720 15th Avenue, Brooklyn, NY 11219

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Overview

4720 15th Avenue is a 6-unit condo in Brooklyn, with 1 parking unit, 2 storage units and 1 commercial unit.

  • Offering plan: Accepted October 2023 · 312 pages · floor plans on page 33
  • Finishes: Hardwood floors, laminate kitchen countertops, wood laminate cabinets, Miele appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $1,000 a square foot on average, as first offered; $10.3 million in all
  • Common charges: $184–$490 a month, the sponsor's first-year estimate
  • Sponsor: 4720 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Juda Klein
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 11-minute walk to 50 St (D); 13 minutes to 55 St (D)
  1. SubmittedDecember 2022
  2. AcceptedOctober 2023

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.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

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

Team

Sponsor
4720 LLC
Principals
Juda Klein
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Valley National BankLender on the mortgage and building loan agreement recorded June 2023 in ACRIS; $5 million recorded
General contractor
CDF Custom BuildersHeld the general construction permit on DOB job 321729723
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 115

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6

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

Nearby

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The Condo Book Project Are 4720 15th Avenue's common charges high for the area? No, they're on the low side. 4720 15th Avenue budgets $0.25 per square foot a month, against a $0.28 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?