THE CONDO BOOK PROJECT

Paxton

540 Fulton Street, Brooklyn, NY 11201

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Overview

Paxton is a 1-unit condo in Brooklyn, with 1 commercial unit.

  • Offering plan: Accepted July 2022
  • Sponsor: 540 Fulton Owner LLC, represented by Seyfarth Shaw, LLP
  • Subway: 2-minute walk to Nevins St (2, 3, 4, 5); 2 minutes to DeKalb Av (B, Q, R)
  • Amendments: 1, the latest in August 2024
  1. SubmittedJanuary 2022
  2. AcceptedJuly 2022
  3. 1 amendment
  4. First sale

Sales

1 of 1homes sold (100%)
Every sale: 1 home, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 2025.

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 →

Team

Sponsor
540 Fulton Owner LLC
Construction lender
H.i.g. Realty Financing ILender on the mortgage and building loan agreement recorded February 2022 in ACRIS; $229.3 million recorded
General contractor
Pav-Lak ContractingHeld the general construction permit on DOB job 321185828

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

Zoning

Zoning district
C6-4
Special district
Special Downtown Brooklyn District (DB)Fulton Mall Subdistrict

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

Nearby

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