661 Driggs Avenue Condominium
661 Driggs Avenue, Brooklyn, NY 11211
Overview
661 Driggs Avenue is an 8-unit condo in Brooklyn, with 1 commercial unit.
- Offering plan: Accepted September 2023 · 355 pages · floor plans on page 25
- Prices: $1,873 a square foot on average, as first offered; $31.5 million in all
- Developer: Investmates; principals Jakov Telyas, Idan Shitrit and Dennis McCormack
- Sponsor: Brooklyn Rose LLC, represented by Jeffrey Zwick & Associates, P.C.
- Subway: 4-minute walk to Bedford Av (L); 8 minutes to Metropolitan Av/Lorimer St (G, L)
- Amendments: 1, the latest in December 2023
- Units
- 8 residential · 1 commercial
- Subway
- 4 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 8 min
- Developer
- Investmates
- Principals
- Jakov Telyas, Idan Shitrit, Dennis McCormack
- Average $/sf
- $1,873Homes in Schedule A, as first offered
- Offering price
- $31.5 million total
- Floor plans
- Page 25 of the plan
- SubmittedDecember 2023
- AcceptedSeptember 2023
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Apr 30, 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 for 7 homes.
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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Dec 11, 2023
The offering plan is declared effective based on execution of purchase agreements for two units representing 25% of the eight units offered.
- Plan declared effective upon purchase of 2 units (25% of 8 units)
- Units 2B (contract 11/13/2023) and 3B (contract 11/9/2023) counted toward effectiveness threshold
Team
- Sponsor
- Brooklyn Rose LLC
- Developer
- Investmates
- Principals
- Jakov Telyas, Idan Shitrit, Dennis McCormack
- Tax estimate
- Danielle Pistola Sidiropoulos, Esq.Prepared the first-year real estate tax projection
- Construction lender
- S3 CapitalLender on the mortgage and building loan agreement recorded February 2022 in ACRIS; $13.3 million recorded
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- M1-2/R6A, M1-2/R6BThe lot is split between two districts, the largest share first
- Special district
- Special Mixed Use District (MX-8) (MX-8)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 280 Metropolitan Avenue Condominiumnext door · 28 units · 14 parking · 2015
- 171 North First Street Condominiumnext door · 57 units · 2023
- N4 Condominiumsnext door · 37 units · 17 parking · 2007
- 150 North Fifth Street Condominium0.1 mi · 31 units · 2007
- Core 10 Condominium0.1 mi · 2 units · 2018
- 340 Metropolitan Avenue Condominium0.1 mi · 10 units · 2022
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