THE CONDO BOOK PROJECT

590 Myrtle Avenue Condominium

590 Myrtle Avenue, Brooklyn, NY 11205

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Overview

590 Myrtle Avenue is a 14-unit condo in Brooklyn, with 14 commercial units.

  • Offering plan: Accepted February 2023 · 346 pages · floor plans on page 26
  • Finishes: 9'7" ceilings, hardwood floors, quartz kitchen countertops, wood cabinets, Amana appliances, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $1,063 a square foot on average, as first offered; $17.2 million in all
  • Common charges: $155–$635 a month, the sponsor's first-year estimate
  • Sponsor: 590 Myrtle LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Moses Karpen and Jacob Kohn
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 8-minute walk to Classon Av (G); 12 minutes to Bedford-Nostrand Avs (G)
  • Amendments: 1, the latest in March 2023
  1. SubmittedMarch 2023
  2. AcceptedFebruary 2023
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

14 of 14homes sold (100%)
Every sale: 14 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 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 590 Myrtle Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 14 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

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

Team

Sponsor
590 Myrtle LLC
Principals
Moses Karpen, Jacob Kohn
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
The Bank of Princeton$14 million recorded
General contractor
Waterfront Property MgmtHeld the general construction permit on DOB job 321598231
Buyer's lender
ABC Mortgage CorpThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 209

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

Zoning

Zoning district
R7A
Commercial overlay
C2-4

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

Nearby

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The Condo Book Project Are 590 Myrtle Avenue's common charges high for the area? They're in line. 590 Myrtle Avenue budgets $0.45 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?