Kps Condominium
508 A Lexington Avenue, Brooklyn, NY 11221
Overview
Kps is a 4-unit condo in Brooklyn.
- Offering plan: Accepted November 2022 · 336 pages · floor plans on pages 32–33
- Finishes: Hardwood floors, quartz kitchen countertops, Frigidaire and Hotpoint appliances, washer/dryer hook-ups, Kohler bathroom fittings and split-system units for heating and cooling
- Prices: $1,050 a square foot on average, as first offered; $3.52 million in all ($3.21 million when first offered)
- Common charges: $459–$616 a month, the sponsor's first-year estimate
- Developer: Cornerstone Residence; principals Thanesh Sukhdeo
- Sponsor: Kps Lexington, LLC, represented by Jeffrey Zwick & Associates, P.C.
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 14-minute walk to Kingston-Throop Avs (C); 15 minutes to Bedford-Nostrand Avs (G)
- Amendments: 1, the latest in October 2024
- Units
- 4 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 14 min walk to Kingston-Throop Avs CBedford-Nostrand Avs G, 15 min
- Developer
- Cornerstone Residence
- Principals
- Thanesh Sukhdeo
- Average $/sf
- $1,050Homes in Schedule A, as first offered
- Common charges
- $459–$616 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 - December 31, 2023
- Offering price
- $3.52 million total $3.21 million when first offered
- Floor plans
- Pages 32–33 of the plan
- SubmittedOctober 2024
- AcceptedNovember 2022
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Feb 28, 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 Kps's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 4 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Dec 19, 2023
Amendment declares the offering plan effective, reports first closing, Certificate of Occupancy, condominium declaration recording, working capital and reserve fund deposits, and new Board of Managers.
- Plan declared effective December 19, 2023 with one unit (25%) under executed Purchase Agreement
- First closing occurred March 8, 2024
- Final Certificate of Occupancy issued April 14, 2024, CO Number 3421392-0000001
- Declaration of Condominium recorded February 9, 2024 under CRFN# 2024000035873
- Working capital fund of $3,613.95 and reserve fund of $401.55 deposited at Chase Bank
- Board of Managers members: Holly McCarthy, Christina Torchio, Hollis Ring
- All units sold; no unsold units remain
Team
- Sponsor
- Kps Lexington, LLC
- Developer
- Cornerstone Residence
- Principals
- Thanesh Sukhdeo
- Tax estimate
- Metropolitan Realty ExemptionsPrepared 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
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 545 Lexington Townhouses Condominiumnext door · 2 units · 2021
- 702 Green Avenue Condominiumnext door · 4 units · 2022
- 459 Quincy Street Condominiumnext door · 10 units · 2020
- 680 Greene Avenue Condominiumnext door · 4 units · 2022
- 479 Monroe Street Condominium0.2 mi · 7 units · 2020
- 773 Greene Avenue Condominium0.2 mi · 4 units · 2021
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