THE CONDO BOOK PROJECT

641 Dekalb Avenue Condominium

641 Dekalb Avenue, Brooklyn, NY 11216

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Overview

641 Dekalb Avenue is a 5-unit condo in Brooklyn.

  • Offering plan: Accepted January 2020 · 339 pages · floor plans on page 13
  • Finishes: 9-foot ceilings, hardwood floors, Samsung and Bosch appliances, a washer and dryer in each apartment and split-system units for heating and cooling
  • Prices: $1,110 a square foot on average, as first offered; $4.99 million in all
  • Common charges: $493–$697 a month, the sponsor's first-year estimate
  • Sponsor: 641 Dekalb LLC, represented by Law Firm Of Jay Lichtman P.C.; principals Eliahu Nahman
  • Subway: 4-minute walk to Bedford-Nostrand Avs (G); 7 minutes to Myrtle-Willoughby Avs (G)
  • Amendments: 1, the latest in February 2022
  1. SubmittedFebruary 2022
  2. AcceptedJanuary 2020
  3. 1 amendment
  4. First sale

Sales

1 of 5homes sold (20%)
Every sale: 1 home, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2025.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

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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 1 Mar 3, 2022

First amendment updates building construction details, adds FinCEN reporting requirements for certain cash purchases, revises the start of condominium operation to July 1, 2022, and extends the plan term by six months.

  • Building substantially completed in October 2021; Temporary Certificate of Occupancy issued January 12, 2022
  • Final Certificate of Occupancy anticipated in April 2022
  • First Year of Condominium Operation projected to begin July 1, 2022
  • FinCEN Geographic Targeting Order requires title companies to report certain cash purchases of $300,000 or more made without bank financing
  • Building height approximately 51'-8" from base plane grade to top of 5th floor
  • Unit 5 includes limited common element roof access of 546 SF in addition to balconies
  • Plan term extended for six months from amendment date
What the amendment changed, line by lineSee it free →

Team

Sponsor
641 Dekalb LLC
Principals
Eliahu Nahman
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Goldman Sachs Bank$1.7 million recorded
General contractors
M-Tek Development, Snbd Enterprises, Hatzlacha Home Improv *, HP Building ManagementHeld the general construction permit on DOB job 320916835
Buyer's lender
Wells FargoThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 199

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

Zoning

Zoning district
R6A

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

Nearby

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The Condo Book Project Are 641 Dekalb Avenue's common charges high for the area? Yes, they're on the high side. 641 Dekalb Avenue budgets $0.62 per square foot a month, against a $0.50 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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