744 Park Place Condominium
744 Park Place, Brooklyn, NY 11216
Overview
744 Park Place is an 8-unit condo in Brooklyn.
- Offering plan: Accepted January 2025 · 220 pages · floor plans on page 120
- Finishes: Engineered wood floors, quartz kitchen countertops, Ikea cabinets, Frigidaire appliances, a washer and dryer in each apartment, Moen bathroom fittings and split-system units for heating and cooling
- Prices: $1,686 a square foot on average, as first offered; $17 million in all ($16.2 million when first offered)
- Common charges: $372–$519 a month, the sponsor's first-year estimate
- Developers: KMIT Capital I LLC and LS Property Group LLC; principals Stuart van Leenen, Jonathan Feifer, Matthew Landau and Rufina Litvak
- Sponsor: 744 Park LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.
- Subway: 6-minute walk to Park Pl (S); 8 minutes to Nostrand Av (3)
- Amendments: 3, the latest in July 2026
- Units
- 8 residential
- Subway
- 6 min walk to Park Pl SNostrand Av 3, 8 min
- Developers
- KMIT Capital I LLC, LS Property Group LLC
- Principals
- Stuart van Leenen, Jonathan Feifer, Matthew Landau, Rufina Litvak
- Average $/sf
- $1,686Homes in Schedule A, as first offered
- Common charges
- $372–$519 a monthSponsor's first-year estimate in Schedule A, January 1, 2025 - December 31, 2025
- Offering price
- $17 million total $16.2 million when first offered
- Floor plans
- Page 120 of the plan
- SubmittedApril 2025
- AcceptedJanuary 2025
- 3 amendments
Units & Prices
Sales
0 of 8homes sold (0%)
From city records (ACRIS), through Aug 31, 2025.
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 744 Park Place's common charges compare with similar buildings? →
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 →Compare
| Figure | This building1 | The Abbey212 units · 1.5 miaccepted 2025 | 166 Washington37 units · 1.6 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.35Lowest | $0.68 | $0.53 |
| Average Offering PricePer Apartment | $2.13MIn line | $2.23M | $1.31M |
| Average PricePer Square Foot | $1,686Above peers | $1,635 | $1,499 |
| Average Unit SizeSquare Feet | 1,261 SFIn line | 1,364 SF | 875 SF |
How We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Closing Costs
The plan lists what a buyer pays at closing.
All 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 December 2025
Amendment updates the first year of condominium operation to March 1, 2026 – February 28, 2027, revises real estate tax projections, provides rescission rights to purchasers in contract as of December 2025, and summarizes new federal tax law.
- First year of condominium operation now March 1, 2026 through February 28, 2027
- Units 2A, 2B, 3A, and 3B currently in contract
- Condominium Declaration recorded August 6, 2025
- Real estate taxes for first year estimated at $28,867 for entire building
- Purchasers in contract as of December 2025 offered rescission right due to missed December 31, 2025 closing deadline
- First year real estate taxes estimated $17,249 for 2025/2026 tax year and $23,117 for 2026/2027 portion
- One Big Beautiful Bill Act tax provisions summarized for Unit Owners
- Offering Plan extended by additional six months
Amendment 1 Apr 3, 2025
Plan declared effective after purchase agreements accepted for units 2A and 3A (25% of residential units), and offering period extended by six months.
- Purchase agreements accepted for Units 2A and 3A (25% of residential units)
- Plan declared effective as of April 3, 2025
- Offering plan extended by six additional months from amendment acceptance date
Team
- Sponsor
- 744 Park LLC
- Developers
- KMIT Capital I LLC, LS Property Group LLC
- Principals
- Stuart van Leenen, Jonathan Feifer, Matthew Landau, Rufina Litvak
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
- Structural engineer
- HY PE STRUCTURAL ENGINEERINGNamed on p. 146
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
- 115 Rogers Avenue Condominiumnext door · 7 units · 2026
- 762 Park Place Condominiumnext door · 23 units · 12 parking · 2016
- 736 Prospect Place Condominiumnext door · 6 units · 2025
- 157 Rogers Avenue Condominiumnext door · 5 units · 2025
- Residences At Prospect Placenext door · 18 units · 9 parking · 2025
- 810 Sterling Place Condominium0.1 mi · 4 units · 2025
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