Herbert Street Villas
52 Herbert Street, Brooklyn, NY 11222
Overview
Herbert Street Villas is an 8-unit condo in Brooklyn.
- Offering plan: Accepted September 2020 · 336 pages · floor plans on pages 170–173
- Finishes: 8'6" ceilings, wood floors, laminate kitchen countertops, wooden cabinets, GE, Frigidaire and Amana appliances, washer/dryer hook-ups and Delta bathroom fittings
- Prices: $1,506 a square foot on average, as first offered; $8.38 million in all
- Sponsor: 52 Herbert Villa LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Rafi Manor
- Neighborhood: Williamsburg, Brooklyn
- Subway: 8-minute walk to Graham Av (L); 12 minutes to Nassau Av (G)
- Amendments: 4, the latest in April 2022
- Units
- 8 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 8 min walk to Graham Av LNassau Av G, 12 min
- Principals
- Rafi Manor
- Average $/sf
- $1,506Homes in Schedule A, as first offered
- Offering price
- $8.38 million total
- Floor plans
- Pages 170–173 of the plan
- SubmittedDecember 2020
- AcceptedSeptember 2020
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Jul 29, 2021
Amendment updates escrow requirements, redesignates units, adds four storage rooms for sale at $5,000 each, adjusts common interest percentages, updates tax projections, offers rescission rights, and shifts transfer tax obligation to purchasers.
- Unit designations changed (Unit 1 to Unit 1A, Unit 2 to Unit 1B, etc.)
- Four storage rooms offered for sale at $5,000 each to unit owners only
- One storage room allocated to Unit 1B as limited common element
- Common interest percentages adjusted for all units
- Tax projections updated for building
- Rescission rights offered to all purchasers for 15 days after notice
- Transfer tax obligation transferred from seller to purchaser
- Escrow account details specified with Siamak Darouvar, P.C. IOLA Trust Account at JP Morgan Chase
Amendment 2 Apr 27, 2021
The offering plan is declared effective with two units purchased, and the plan term is extended by six months.
- Plan declared effective as of April 27, 2021
- Two units purchased: Unit 1 for $750,000.00 and Unit 2 for $950,000.00
- Plan terms extended for six (6) months
- Closing to be scheduled not less than 30 days after amendment acceptance
Amendment 1 Dec 7, 2020
Principal of sponsor changed from Rafi Manor to Nir Katsiri, and offering plan term extended six months.
- Principal of sponsor changed to Nir Katsiri, CEO of US Properties LLC
- Sponsor office address: 8 The Green Dover, DE 19901
- Offering plan term extended six (6) months
Team
- Sponsor
- 52 Herbert Villa LLC
- Principals
- Rafi Manor
- Tax estimate
- Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
- Construction lender
- Genesis Capital$2.1 million recorded
- Property report
- Alex SheymanPrepared the plan's description of the property and its condition · Named on p. 127
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
- 19 North Henry Street Condominiumnext door · 5 units · 2025
- 21 North Henry Street Condominiumnext door · 6 units · 2020
- 28 Herbert Street Condominiumnext door · 16 units · 8 parking · 2024
- 174 Richardson Street Condominiumnext door · 3 units · 2021
- 88 Herbert Street Condominiumnext door · 7 units · 2022
- 221 Frost Street Condominium0.1 mi · 10 units · 2025
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