THE CONDO BOOK PROJECT

676 Halsey Street Condominium

676 Halsey Street, Brooklyn, NY 11233

Compare

Overview

676 Halsey Street is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted August 2021 · 264 pages · floor plans on page 22
  • Finishes: Engineered wood floors, quartz kitchen countertops, Fisher & Paykel appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $1,066 a square foot on average, as first offered; $5.22 million in all ($4.83 million when first offered)
  • Common charges: $265–$455 a month, the sponsor's first-year estimate
  • Developer: Infinity Properties LLC; principals Itzhak Dana
  • Sponsor: 676 Holding LLC, represented by Eial Girtz, PC
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 10-minute walk to Utica Av (A, C); 12 minutes to Ralph Av (C)
  • Amendments: 3, the latest in March 2022
  1. SubmittedAugust 2021
  2. AcceptedAugust 2021
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

7 of 7homes sold (100%)
Every sale: 7 homes, with price and dateSee it free →

From city records (ACRIS), through Oct 31, 2023.

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 676 Halsey Street's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 6 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 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 3 Mar 24, 2022

Plan extended 6 months; building received final occupancy certificate; most units closed or in contract; sponsor to begin collecting common charges April 1, 2022.

  • Plan extended for 6 months
  • Final Certificate of Occupancy issued February 4, 2022
  • First closing (Unit 2A) occurred January 18, 2022; Units 1B, 2B, 3A, 3B, 4B also closed; Unit 4A in contract
  • Common charges collection to begin April 1, 2022
  • First Year budget unchanged; First Year runs January 1, 2022 through December 31, 2022
  • Unit 4A monthly common charges $285.68; monthly real estate taxes $447.35
  • Sponsor financing of $1,717,200.00 from Black Oak Projects LLC paid in full; all units released

Amendment 2 Nov 15, 2021

Plan declared effective based on purchase agreements for 2 of 7 units (28%), exceeding the 15% threshold required.

  • Plan declared effective on November 15, 2021
  • 2 residential units under purchase agreement (Units 2A and 4B)
  • Purchase agreements represent 28% of 7 units offered for sale

Amendment 1 Aug 24, 2021

Unit renumbering, storage allocation changes, price increases, appliance correction, and tax law update.

  • Unit 1 renumbered to Unit 1B; price increased from $899,000.00 to $1,05,000.00
  • Units 2A, 2B, 3A, 3B, 4A, 4B prices each increased from $655,000.00 to $680,000.00
  • 7 storage rooms in cellar; storage #6 allocated to Unit 1B as limited common element; other 6 retained by Sponsor for $15,000.00 each via license agreement
  • Units 2A, 2B, 3A, 3B, 4A, 4B no longer have storage room as limited common element
  • Appliances corrected: units contain refrigerator, slide-in range, dishwasher and hood only (not microwave)
  • Revised floor plans reflect as-built condition
  • New York State transfer tax law effective July 1, 2021 eliminates grossing up requirement for residential condominiums
  • No units in contract; no units leased
What each amendment changed, line by lineSee it free →

Team

Sponsor
676 Holding LLC
Principals
Itzhak Dana
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
White Oak Projects$1.72 million loan stated in the plan
General contractor
HD Builders NYHeld the general construction permit on DOB job 321590300

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

Free in ChatGPT or Claude

Ask Claude or ChatGPT about 676 Halsey Street

The fastest way to know any condo or co-op

Get Connected →
The Condo Book Project Are 676 Halsey Street's common charges high for the area? No, they're on the low side. 676 Halsey Street budgets $0.47 per square foot a month, against a $0.54 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?