THE CONDO BOOK PROJECT

622 Myrtle Avenue Condominium

622 Myrtle Avenue, Brooklyn, NY 11205

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Overview

622 Myrtle Avenue is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted May 2024 · 306 pages · floor plans on page 37
  • Finishes: Laminate kitchen countertops, wood laminate cabinets, Liebherr, Miele and Bosch appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $1,299 a square foot on average, as first offered; $9.28 million in all ($5.8 million when first offered)
  • Sponsor: Myrtle Flats LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Joel Schwartz and Shaindy Schwartz
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 9-minute walk to Classon Av (G); 10 minutes to Bedford-Nostrand Avs (G)
  • Amendments: 2, the latest in May 2026
  1. SubmittedJune 2024
  2. AcceptedMay 2024
  3. 2 amendments

Sales

0 of 6homes sold (0%)

From city records (ACRIS), through Sep 30, 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 622 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.

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

Closing Costs

The plan lists what a buyer pays at closing.

All 5 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 May 5, 2026

Condominium operations moved to July 1, 2026 with updated budget, right of rescission offered to all purchasers, and offering plan extended six months.

  • Condominium operations now expected to commence July 1, 2026
  • Updated budget for first year of operation (July 1, 2026 - June 30, 2027) with common charges of $38,769
  • Right of rescission offered to all purchasers for 15 days after notification
  • Offering plan terms extended for six months

Amendment 1 Jun 18, 2024

Plan declared effective as of June 10, 2024, with one unit sold, and offering plan terms extended by six months.

  • Plan declared effective June 10, 2024
  • One unit (Unit 6) sold, representing 16% of units
  • Offering plan terms extended six (6) months
What each amendment changed, line by lineSee it free →

Team

Sponsor
Myrtle Flats LLC
Principals
Joel Schwartz, Shaindy Schwartz
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Conventus$2.16 million recorded
General contractors
Sunshine Constr USA, Success Developers, BH RemodelingHeld the general construction permit on DOB job 321257714
Property report
Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 111

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 622 Myrtle Avenue's common charges high for the area? Yes, they're on the high side. 622 Myrtle Avenue budgets $0.45 per square foot a month, against a $0.42 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?