659 Baltic Condominium
659 Baltic Street, Brooklyn, NY 11217
Overview
659 Baltic is a 4-unit condo in Brooklyn.
- Offering plan: Accepted October 2023 · 304 pages · floor plans on page 4
- Finishes: Wood floors, marble kitchen countertops, Ikea cabinets, Samsung appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $5.17 million in all
- Developer: One Way Group LLC; principals Albert Cabbad
- Sponsor: Cabbad Co., LLC, represented by Law Offices Of E. Michael Rosenstock, P.C.
- Neighborhood: Park Slope, Brooklyn
- Subway: 5-minute walk to Bergen St (2, 3); 7 minutes to Atlantic Av-Barclays Ctr (2, 3, 4, 5, B, D, N, Q, R)
- Amendments: 2, the latest in October 2024
- Units
- 4 residential
- Neighborhood
- Park Slope, Brooklyn
- Subway
- 5 min walk to Bergen St 2 3Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q R, 7 min
- Developer
- One Way Group LLC
- Principals
- Albert Cabbad
- Offering price
- $5.17 million total
- Floor plans
- Page 4 of the plan
- SubmittedDecember 2023
- AcceptedOctober 2023
- 2 amendments
- First sale
- Latest sale
Sales
4 of 4homes sold (100%)
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)
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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 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 →The Building
Team
- Sponsor
- Cabbad Co., LLC
- Developer
- One Way Group LLC
- Principals
- Albert Cabbad
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
- Construction lender
- First Republic BankLender on the mortgage and building loan agreement recorded April 2018 in ACRIS; $2.54 million recorded
- Title agency
- Home Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 87
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
- 657 Baltic Condominiumnext door · 4 units · 2022
- 655 Baltic Street Condominiumnext door · 4 units · 2026
- 643 Baltic Street Condominiumnext door · 3 units · 2025
- 668 Baltic Street Condominiumnext door · 3 units · 2024
- 640 Baltic Street Condominiumnext door · 2 units · 2020
- 625 Warren Street Condominiumnext door · 4 units · 2021
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