THE CONDO BOOK PROJECT

50-62 Bay 32nd Street Condominium

50-62 Bay 32nd Street, Brooklyn, NY 11228

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Overview

50-62 Bay 32nd Street is an 18-unit condo in Brooklyn.

  • Offering plan: Accepted May 2008 · 188 pages · floor plans on page 20
  • Finishes: 9-foot ceilings, hardwood floors, laminate kitchen countertops, laminate cabinets, Magic Chef appliances, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $442 a square foot on average, as first offered; $9.76 million in all
  • Common charges: $137–$215 a month, the sponsor's first-year estimate
  • Sponsor: Bay 32nd Street Realty, LLC, represented by Paul A Leff, Esq; principals Edward Delli Paoli
  • Neighborhood: Gravesend, Brooklyn
  • Subway: 4-minute walk to Bay Pkwy (D); 9 minutes to 25 Av (D)
  • Amendments: 1, the latest in September 2008
  1. SubmittedNovember 2007
  2. AcceptedMay 2008
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

18 of 18homes sold (100%)
Every sale: 18 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 2026.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do 50-62 Bay 32nd Street's common charges compare with similar buildings? →

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

Team

Sponsor
Bay 32nd Street Realty, LLC
Principals
Edward Delli Paoli
Construction lender
Sterling Trust Company
General contractors
Ocean, Ocean Const EntrprsHeld the general construction permit on DOB job 302225688
Property report
Abraham Hertzberg, P.E.Prepared the plan's description of the property and its condition · Named on p. 104

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

Zoning

Zoning district
R5

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

Nearby

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The Condo Book Project Are 50-62 Bay 32nd Street's common charges high for the area? No, they're on the low side. 50-62 Bay 32nd Street budgets $0.14 per square foot a month, against a $0.17 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?