564 Willoughby Avenue Condominium
564 Willoughby Avenue, Brooklyn, NY 11206
Overview
564 Willoughby Avenue is a 4-unit condo in Brooklyn.
- Offering plan: Accepted July 2024 · 354 pages · floor plans on page 13
- Finishes: Hardwood floors, wood cabinets and washer/dryer hook-ups
- Prices: $851 a square foot on average, as first offered; $3.4 million in all ($3.15 million when first offered)
- Common charges: $529–$1,062 a month, the sponsor's first-year estimate
- Sponsor: 564 Willoughby Realty LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Phillip Miller
- Subway: 5-minute walk to Myrtle-Willoughby Avs (G); 11 minutes to Flushing Av (G)
- Amendments: 1, the latest in July 2024
- Units
- 4 residential
- Subway
- 5 min walk to Myrtle-Willoughby Avs GFlushing Av G, 11 min
- Principals
- Phillip Miller
- Average $/sf
- $851Homes in Schedule A, as first offered
- Common charges
- $529–$1,062 a monthSponsor's first-year estimate in Schedule A, January 1, 2025 - December 31, 2025
- Offering price
- $3.4 million total $3.15 million when first offered
- Floor plans
- Page 13 of the plan
- SubmittedJuly 2024
- AcceptedJuly 2024
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 31, 2025.
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 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 2 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Jul 25, 2024
First Amendment revises Unit 1 offering price, reallocates common interests equally among all units at 25% each, and updates construction status, floor plans, and unit information.
- Unit 1 offering price set to $950,000
- Common interest allocated equally at 25% per unit
- Construction completed in August 2024
- Temporary Certificate of Occupancy anticipated by November 2024
- 1st Floor: ramp replaces lift for ADA access
- 2nd Floor: kitchen layout revised
- Building height 46'-0" from base to top of 4th floor
- Offering Plan term extended six months
Team
- Sponsor
- 564 Willoughby Realty LLC
- Principals
- Phillip Miller
- Tax estimate
- RE Tax ServicesPrepared the first-year real estate tax projection
- Construction lender
- The Federal Savings Bank
- Buyer's lender
- U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 200
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
- 156 Tompkins Avenue Condominiumnext door · 8 units · 2024
- 80 Vernon Avenue Condominiumnext door · 8 units · 1 parking · 2026
- Cascade F Condominium0.1 mi · 62 units · 2022
- Cascade A Condominium0.2 mi · 32 units · 120 parking · 2017
- 187 Pulaski Street Condominium0.2 mi · 4 units · 2026
- Cascade B Condominium0.2 mi · 32 units · 2017
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