THE CONDO BOOK PROJECT

80 Cornelia Street Condominium

80 Cornelia Street, Brooklyn, NY 11221

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Overview

80 Cornelia Street is a new 3-unit condo in Brooklyn.

  • Offering plan: Accepted March 2025 · 273 pages · floor plans on page 10
  • Finishes: Engineered wood floors, quartz kitchen countertops, MDF cabinets, Bertazzoni appliances, a washer and dryer in each apartment and split-system units for heating and cooling
  • Prices: $1,142 a square foot on average, as first offered; $3.48 million in all
  • Common charges: $400–$926 a month, the sponsor's first-year estimate
  • Sponsor: Rdg Queens Xviii LLC, represented by Eial Girtz, PC; principals Ardeshir Azizian and Pejman Azizian
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 7-minute walk to Halsey St (J); 10 minutes to Gates Av (J, Z)
  • Amendments: 2, the latest in November 2025
  1. SubmittedApril 2025
  2. AcceptedMarch 2025
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 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 80 Cornelia Street'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

FigureThis building11230 Putnam23 units · 0.1 miaccepted 2025Evergreen By Aisen33 units · 0.4 miaccepted 2025
Common ChargesPer Square Foot / Month$0.62In line$0.83$0.48
Average Offering PricePer Apartment$1.16MIn line$1.09M$1.46M
Average PricePer Square Foot$1,142In line$1,102$1,162
Average Unit SizeSquare Feet1,015 SFIn line989 SF1,254 SF
Unit mix, amenities, finishes, utilities and operating costs against 1230 Putnam and Evergreen By AisenUnlock the rest with a free account
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 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 2 Nov 25, 2025

Plan extended 6 months; all 3 units now under contract; first closings completed; condominium operations begun.

  • Plan extended for 6 months
  • Plan declared effective June 26, 2025 based on one unit purchase (33.33% of three units)
  • All three units now under contract; first unit closing (Unit 2) occurred September 15, 2025
  • Declaration of Condominium recorded July 31, 2025
  • First unit owners meeting held November 12, 2025
  • Working capital account balance: $3,787.48; reserve account balance: $0.00 (should be $2,300.00)
  • Sponsor covering all operating costs; delaying common charges collection but reserving right to commence with 30-day notice
  • No Certificate of Occupancy required (Alteration Type 2)

Amendment 1 Apr 10, 2025

Plan extended 6 months; Unit 2 deck replaced with smaller balcony; floor plans and architect report updated for as-built conditions.

  • Plan extended 6 months
  • Unit 2: 48 sq. ft. deck removed, 39 sq. ft. balcony added
  • Revised floor plans attached showing as-built condition
  • Architect's report addendum attached describing construction changes
  • Interior renovation substantially completed as of April 2025
  • New balcony at rear of 2nd floor with corrugated steel decking and tile finish
What each amendment changed, line by lineSee it free →

Team

Sponsor
Rdg Queens Xviii LLC
Principals
Ardeshir Azizian, Pejman Azizian
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection

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

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The Condo Book Project Are 80 Cornelia Street's common charges high for the area? Yes, they're on the high side. 80 Cornelia Street budgets $0.62 per square foot a month, against a $0.53 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?