68 Eldert Street Condominium
68 Eldert Street, Brooklyn, NY 11207
Overview
68 Eldert Street is a 10-unit condo in Brooklyn, with 1 commercial unit.
- Offering plan: Accepted April 2022 · 396 pages · floor plans on page 24
- Finishes: 8'6" ceilings, hardwood floors, quartz kitchen countertops, laquered wood cabinets, Summit and KitchenAid appliances, a washer and dryer in each apartment, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $1,150 a square foot on average, as first offered; $12.8 million in all ($11.4 million when first offered)
- Common charges: $253–$564 a month, the sponsor's first-year estimate
- Sponsor: 68 Eldert St LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Arie Bar Chaim
- Neighborhood: Bushwick, Brooklyn
- Subway: 5-minute walk to Halsey St (J); 7 minutes to Chauncey St (J, Z)
- Amendments: 4, the latest in August 2026
- Units
- 10 residential · 1 commercial
- Neighborhood
- Bushwick, Brooklyn
- Subway
- 5 min walk to Halsey St JChauncey St J Z, 7 min
- Principals
- Arie Bar Chaim
- Average $/sf
- $1,150Homes in Schedule A, as first offered
- Common charges
- $253–$564 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 - December 31, 2023
- Offering price
- $12.8 million total $11.4 million when first offered
- Floor plans
- Page 24 of the plan
- SubmittedMarch 2023
- AcceptedApril 2022
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2026.
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 68 Eldert 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 10 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 9 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Nov 6, 2023
Third amendment updates projected condominium operation start date to December 1, 2023, records the Condominium Declaration, obtains temporary certificate of occupancy, and revises budget and tax estimates accordingly.
- Temporary certificate of occupancy obtained September 21, 2023
- Condominium Declaration recorded October 30, 2023 (CRFN 2023000280484)
- First year of condominium operation projected to begin December 1, 2023
- 2023/2024 taxes: $20,878 (Assessed Value $196,110, Tax Rate 10.646%)
- 2024/2025 projected taxes: commercial unit $23,929, residential units $80,696
- Blended taxes for Schedule A: $55,776
- Rescission rights offered if first closing occurs after December 31, 2023 (existing contracts) or November 30, 2024 (new contracts)
- Plan term extended six months from amendment date
Amendment 2 Aug 4, 2023
Plan declared effective as of July 31, 2023, with two executed purchase agreements representing 20% of units, and term extended six months.
- Plan declared effective July 31, 2023
- Two units (3C and 4C) have executed purchase agreements
- Term of Plan extended six months from date of amendment
- First unit closing cannot occur until this amendment is accepted for filing
Amendment 1 Mar 9, 2023
Amendment updates floor plans, unit prices, roof terrace offerings, construction timeline, and building finishes including appliances and fixtures.
- Construction substantially complete May 2023, TCO expected July 2023
- Unit prices changed: 2A $1,295,000, 2B $1,195,000, 3A $950,000, 3B $1,115,000, 3C $595,000, 4A $895,000, 4B $1,025,000, 4C $645,000, 5A $1,195,000, 5B $1,175,000
- Roof terraces reduced from 5 to 3 (RT1 372 sf, RT2 228 sf, RT3 253 sf) at $75,000 each; RT4 and RT5 removed
- Front balconies have glass railings with steel frame; rear balconies unchanged
- Roof surface is interlocking composite decking tiles, not porcelain pavers
- All units have 7.5" engineered pre-finished white oak flooring (no warranty); kitchens exclude ceramic tile
- Kitchen appliances: Fisher & Paykel fridge, Bertazzoni oven/cooktop/dishwasher/microhood; bathroom fixtures by Fine Fixtures and GROHE
- Offering plan term extended 6 months
- Schedule A prices increased for 9 homes (median +17.4%): 2B $1,150,000 → $1,195,000; 3A $795,000 → $950,000; 3B $950,000 → $1,115,000; 3C $550,000 → $595,000; ...
Team
- Sponsor
- 68 Eldert St LLC
- Principals
- Arie Bar Chaim
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Quanta Finance
- Buyer's lender
- loanDepotThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 244
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 1043 Halsey Street Condominiumnext door · 5 units · 2019
- 1255 Bushwick Avenue Condominiumnext door · 32 units · 16 parking · 2017
- Schae Condominium0.1 mi · 10 units · 2024
- 32 Schaefer Street Condominium0.1 mi · 8 units · 2026
- The 1009 Decatur Street Condominium0.1 mi · 8 units · 2026
- 107 Schaefer Street Condominium0.1 mi · 16 units · 8 parking · 2026
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