THE CONDO BOOK PROJECT

584 Leonard Street Condominium

584 Leonard Street, Brooklyn, NY 11222

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Overview

584 Leonard Street is a new 2-unit condo in Brooklyn.

  • Offering plan: Accepted November 2023 · 270 pages · floor plans on page 86
  • Finishes: 9-foot ceilings, engineered wood floors, terrazzo tile kitchen countertops, Fisher & Paykel appliances, washer/dryer hook-ups and Phylrich bathroom fittings
  • Prices: $1,541 a square foot on average, as first offered; $10.6 million in all
  • Common charges: $1,740 a month, the sponsor's first-year estimate
  • Developers: Trave LLC and LTNG 76 North 8th Partners LLC; principals Alon Yaacoby, Asaf Ben-Nun and Oded Ben-Nun
  • Sponsor: 584 Leonard Street Owner LLC, represented by Eial Girtz, PC
  • Neighborhood: Greenpoint, Brooklyn
  • Subway: 2-minute walk to Nassau Av (G); 9 minutes to Greenpoint Av (G)
  • Amendments: 5, the latest in October 2025
  1. SubmittedDecember 2024
  2. AcceptedNovember 2023
  3. 5 amendments
  4. First sale
  5. Latest sale

Sales

2 of 2homes sold (100%)
Every sale: 2 homes, with price and dateSee it free →

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)

Ask Claude or ChatGPT: How do 584 Leonard Street's common charges compare with similar buildings? →

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 →

Compare

FigureThis building168 Commercial23 units · 0.9 miaccepted 202376 North 8th33 units · 0.6 miaccepted 2023
Common ChargesPer Square Foot / Month$0.62Lowest$0.96$0.87
Average Offering PricePer Apartment$4.35MHighest$3.33M$3.13M
Average PricePer Square Foot$1,541Lowest$1,867$1,943
Average Unit SizeSquare Feet2,824 SFLargest1,784 SF1,613 SF
Unit mix, amenities, finishes, utilities and operating costs against 68 Commercial and 76 North 8thUnlock the rest with a free account
How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 5 Oct 14, 2025

Amendment updates post-closing matters, changes sponsor address, and extends the offering term.

  • First Unit Closing (Unit TH) occurred July 24, 2025
  • Temporary Certificate of Occupancy issued July 8, 2025, expires January 7, 2026
  • $7,500.00 posted as security to obtain permanent Certificate of Occupancy
  • Declaration recorded April 29, 2025
  • Working Capital Fund: $3,480.92; Reserve Fund: $544.54
  • Unit PH unsold as of submission date
  • Sponsor address changed to 24 West Railroad Avenue, Suite 108, Tenafly NJ 07670
  • Offering term extended by six (6) months

Amendment 4 Jul 11, 2025

First unit closing delayed to August 1, 2025; budget adjusted for new commencement date; early purchasers granted rescission rights.

  • First unit closing moved from July 1, 2024 to August 1, 2025
  • First year of operations commencement date updated to August 1, 2025
  • Purchasers with agreements before amendment date entitled to rescind under 13 NYCRR §20.3(o)(12)
  • Rescission must be elected within 15 days of amendment presentation; deposits returned within 10 days
  • Budget revised for August 1, 2025 to July 31, 2026 period with common charges of $41,771.06
  • Offering term extended by 6 months from amendment acceptance date

Amendment 3 May 28, 2025

Plan re-declared effective with new purchase agreement, offering term extended six months.

  • Plan re-declared effective based on new purchase agreement for one unit (50% of units offered)
  • Effectiveness Notice to Purchaser dated June 13, 2025
  • First Unit Closing must occur by June 30, 2025 or all units under contract entitled to rescission
  • Offering term extended six (6) months from amendment acceptance date

Amendment 2 Mar 4, 2025

Plan declared effective after one unit sold; sponsor's attorney and escrow agent changed; building specifications and unit designations updated.

  • Plan declared effective; first unit closing must occur by June 30, 2025 or all units entitled to rescission
  • Sponsor's attorney changed to Marans Newman Tsolis & Nazinitsky LLC; attorney legal fees set at $4,000.00 plus $450.00 if purchaser obtains mortgage
  • Escrow agent changed to MNTN with new escrow account at Capital One Bank
  • Unit designations changed from Unit 1 and Unit 2 to Unit TH and Unit PH
  • Anticipated certificate of occupancy by May 2025; construction completion expected February 2025
  • Building specifications updated: one elevator serving unit PH, mailboxes at unit PH entrance, rear yard and terraces allocated as limited common elements
  • Purchaser prohibited from listing, reselling, or leasing unit for one year after closing
  • Offering term extended six months from amendment acceptance date

Amendment 1 Dec 12, 2024

Prices of 2 units were changed.

  • Unit 1 price: $4,950,000.00
  • Unit 2 price: $5,650,000.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
584 Leonard Street Owner LLC
Developers
Trave LLC, LTNG 76 North 8th Partners LLC
Principals
Alon Yaacoby, Asaf Ben-Nun, Oded Ben-Nun
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
S3 Capital$4 million loan stated in the plan
General contractor
TraveHeld the general construction permit on DOB job 321599542
Property report
Demerara Engineering , PLLCPrepared the plan's description of the property and its condition · Named on p. 129

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

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The Condo Book Project Are 584 Leonard Street's common charges high for the area? Yes, they're on the high side. 584 Leonard Street budgets $0.62 per square foot a month, against a $0.46 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?