538 Henry Street Condominium
538 Henry Street, Brooklyn, NY 11231
Overview
538 Henry Street is a 4-unit condo in Brooklyn.
- Offering plan: Accepted November 2023 · 320 pages · floor plans on page 67
- Finishes: Engineered wood floors, quartzite kitchen countertops, painted MDF cabinets, Fisher & Paykel appliances, a washer and dryer in each apartment, California Faucets bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,624 a square foot on average, as first offered; $8.54 million in all
- Common charges: $616–$840 a month, the sponsor's first-year estimate
- Sponsor: 538 Henry Street LLC, represented by Marcus Attorneys Pllc
- Subway: 7-minute walk to Carroll St (F, G); 14 minutes to Bergen St (F, G)
- Amendments: 3, the latest in July 2025
- Units
- 4 residential
- Subway
- 7 min walk to Carroll St F GBergen St F G, 14 min
- Average $/sf
- $1,624Homes in Schedule A, as first offered
- Common charges
- $616–$840 a monthSponsor's first-year estimate in Schedule A, From January 1, 2024 To December 31, 2024
- Offering price
- $8.54 million total
- Floor plans
- Page 67 of the plan
- SubmittedJuly 2024
- AcceptedNovember 2023
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2025.
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 for 3 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Feb 21, 2025
Amendment discloses first unit closing on November 22, 2024, board election, fund balances, and remaining unsold unit pricing.
- First unit closing occurred November 22, 2024
- Unit 1 is the only unsold unit, priced at $2,495,000
- First annual unit owners' meeting held February 13, 2025; board control transferred to unit owners
- Working capital fund balance $5,877.51 as of March 18, 2025
- Reserve fund balance $1,198.37 as of March 18, 2025
- Declaration of Condominium recorded May 20, 2024
- DOF expected to issue separate real estate tax invoices starting July 1, 2025 tax year
Team
- Sponsor
- 538 Henry Street LLC
- Counsel
- Marcus Attorneys Pllc
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared 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
- R6A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 157 President Street Condominiumnext door · 4 units · 2019
- 130 Carroll Townhouse Condominiumnext door · 3 units · 2019
- 506 Henry Street Condominiumnext door · 4 units · 2025
- 128 Summit Street Condominium0.1 mi · 3 units · 2026
- 446 Clinton Street Condominium0.1 mi · 5 units · 2022
- 103 President Street Condominium0.1 mi · 3 units · 2022
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