819 Lexington Avenue Condominium
819 Lexington Avenue, Brooklyn, NY 11221
Overview
819 Lexington Avenue is a 10-unit condo in Brooklyn.
- Offering plan: Accepted November 2020 · 299 pages · floor plans on page 46
- Finishes: 8'6" ceilings, wood floors, quartz kitchen countertops, Europlak cabinets, Samsung and Frigidaire appliances, washer/dryer hook-ups and Delta bathroom fittings
- Prices: $904 a square foot on average, as first offered; $6.12 million in all ($6.17 million when first offered)
- Common charges: $392–$899 a month, the sponsor's first-year estimate
- Sponsor: 819 Lexington LLC, represented by Marans, Weisz & Newman, LLC; principals Shai Birenzweig
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 4-minute walk to Kosciuszko St (J); 6 minutes to Gates Av (J, Z)
- Amendments: 2, the latest in May 2022
- Units
- 10 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 4 min walk to Kosciuszko St JGates Av J Z, 6 min
- Principals
- Shai Birenzweig
- Average $/sf
- $904Homes in Schedule A, as first offered
- Common charges
- $392–$899 a monthSponsor's first-year estimate in Schedule A, January 1, 2021- December 31, 2021
- Offering price
- $6.12 million total $6.17 million when first offered
- Floor plans
- Page 46 of the plan
- SubmittedApril 2021
- AcceptedNovember 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Nov 30, 2023.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 May 31, 2022
Amendment discloses post-closing status including Certificate of Occupancy, Board members, fund balances, and changes selling agent to Compass; raises Unit 1A price to $499,000.
- Unit 1A price raised to $499,000.00
- Final Certificate of Occupancy issued October 21, 2021
- First Unit Closing occurred February 28, 2022
- Selling Agent changed to Compass, 90 Fifth Avenue, New York, NY
- Common Charges collection begins July 1, 2022
- Reserve fund holds approximately $1,724.25
- Working Capital fund holds approximately $1,684.02
- Plan term extended six (6) months
Amendment 1 Apr 6, 2021
Amendment declares the plan effective, delays first closing to July 1, 2021, updates property tax projections downward by 35%, and extends the plan term by 6 months.
- Plan declared effective with 2 units (20%) sold
- First Unit Closing moved to July 1, 2021 (from January 1, 2021)
- Right to rescind tolled until September 18, 2022 for prior purchasers
- Property taxes for first year reduced to $55,208.00 total (35% decrease)
- Assessed value of Building estimated at $450,056.00 for tax year July 1, 2021 to June 30, 2022
- Updated Schedule A reflects new tax apportionments by unit
- Plan term extended 6 months from amendment date
Team
- Sponsor
- 819 Lexington LLC
- Principals
- Shai Birenzweig
- Counsel
- Marans, Weisz & Newman, LLC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Plenitude Capital
- General contractors
- Brooklyn B Company Group, N.y. Preferred DevelopmentHeld the general construction permit on DOB job 321184311
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 499 Van Buren Street Condominium0.1 mi · 5 units · 2023
- 803 Quincy Street Condominium0.1 mi · 8 units · 2020
- 838 Quincy Street Condominium0.1 mi · 7 units · 2019
- 844 Quincy Street Condominium0.1 mi · 7 units · 2019
- 129 Malcolm X Blvd Condominium0.1 mi · 4 units · 2024
- 1122 & 1126 Lafayette Avenue Condominium0.2 mi · 18 units · 2020
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 819 Lexington Avenue
The fastest way to know any condo or co-op
Get Connected →