THE CONDO BOOK PROJECT

81 Powers Street Condominium

81 Powers Street, Brooklyn, NY 11211

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Overview

81 Powers Street is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted February 2021 · 370 pages · floor plans on page 36
  • Finishes: 8'6" ceilings, hardwood floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $1,386 a square foot on average, as first offered; $7.19 million in all ($6.84 million when first offered)
  • Common charges: $186–$477 a month, the sponsor's first-year estimate
  • Sponsor: 81 Powers St LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Arie Bar Chaim
  • Neighborhood: Williamsburg, Brooklyn
  • Subway: 4-minute walk to Metropolitan Av/Lorimer St (G, L); 7 minutes to Graham Av (L)
  • Amendments: 3, the latest in August 2021
  1. SubmittedMay 2021
  2. AcceptedFebruary 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 Mar 31, 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 81 Powers 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 7 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

All 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 May 10, 2021

Offering prices for five units are updated.

  • Unit 1 price: $1,750,000.00
  • Unit 2F price: $745,000.00
  • Unit 2R price: $950,000.00
  • Unit 3F price: $775,000.00
  • Unit 4F price: $1,350,000.00
What the amendment changed, line by lineSee it free →

Team

Sponsor
81 Powers St LLC
Principals
Arie Bar Chaim
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Quanta Finance$2.7 million recorded
General contractor
Brooklyn AzHeld the general construction permit on DOB job 321383070
Buyer's lender
Wells FargoThe sponsor's preferred mortgage lender; you can use another · Named on p. 221

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

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The Condo Book Project Are 81 Powers Street's common charges high for the area? No, they're on the low side. 81 Powers Street budgets $0.39 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?