THE CONDO BOOK PROJECT

658 Washington Avenue Condominium

658 Washington Avenue, Brooklyn, NY 11238

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Overview

658 Washington Avenue is a 3-unit condo in Brooklyn, with 1 commercial unit.

  • Offering plan: Accepted February 2024 · 385 pages · floor plans on page 40
  • Prices: $867 a square foot on average, as first offered; $4.82 million in all
  • Common charges: $607–$896 a month, the sponsor's first-year estimate
  • Sponsor: 658 Washington Ave Development LLC, represented by The Law Office Of Jay Lichtman, PC; principals Arie Bar Chaim, Tian Dong Zheng and Roy Gerstner
  • Subway: 7-minute walk to Clinton-Washington Avs (C); 10 minutes to Park Pl (S)
  • Other filings: CD150023 (condo plan, filed 2017)
  1. SubmittedNovember 2022
  2. AcceptedFebruary 2024
  3. First sale

Sales

1 of 3homes sold (33%)
Every sale: 1 home, with price and dateSee it free →

From city records (ACRIS), through Feb 28, 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 for 3 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
658 Washington Ave Development LLC
Principals
Arie Bar Chaim, Tian Dong Zheng, Roy Gerstner
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
AFP New York Investments$1.1 million recorded
Buyer's lender
U.S. BankThe sponsor's preferred mortgage lender; you can use another · Named on p. 234

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

Zoning

Zoning district
R6A
Commercial overlay
C2-4

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

Nearby

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The Condo Book Project Are 658 Washington Avenue's common charges high for the area? Yes, they're on the high side. 658 Washington Avenue budgets $0.49 per square foot a month, against a $0.36 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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