THE CONDO BOOK PROJECT

904 Bedford Avenue Condominium

904 Bedford Avenue, Brooklyn, NY 11205

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Overview

904 Bedford Avenue is an 18-unit condo in Brooklyn.

  • Offering plan: Accepted January 2023 · 346 pages · floor plans on pages 31–32
  • Finishes: 9'6" ceilings, wood floors, solid-surface kitchen countertops, wood veneer cabinets, GE appliances, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $889 a square foot on average, as first offered; $15.6 million in all
  • Common charges: $217–$490 a month, the sponsor's first-year estimate
  • Sponsor: Bedford Star LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Bernard Jacobowitz, Joel Braver and Yoel Jacobowitz
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 6-minute walk to Bedford-Nostrand Avs (G); 9 minutes to Myrtle-Willoughby Avs (G)
  • Amendments: 2, the latest in May 2023
  • Other filings: CD030072 (condo plan, filed 2003)
  1. SubmittedFebruary 2023
  2. AcceptedJanuary 2023
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

18 of 18homes sold (100%)
Every sale: 18 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 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 904 Bedford Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 12 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 →

Amendments

Amendment 2 May 16, 2023

Amendment updates engineer's report on HVAC and unit sizes, revises Schedule A, and provides financial disclosures for unsold units.

  • HVAC system details revised: individual gas-fired units (Lennox Model #C33-36B-2F) with 167,000 BTU heating, 36,000 BTU cooling capacity
  • Unit sizes and bedroom/bathroom counts specified for all 18 units (ranging 458–1104 SF)
  • Mechanical rooms on 9th floor (Units 9A and 9B) reclassified from general to limited common elements
  • First closing occurred April 4, 2023
  • Condominium Declaration recorded April 3, 2023 (CRFN 2023000081444)
  • 17 unsold units remain; sponsor retains board control until 5 years from first closing or when unsold units drop below 25%
  • Working capital account $732.02 at Signature Bank; no reserve account established yet
  • Sponsor financing: $18,502,000 loan from Castellan Capital, maturity March 1, 2025, ~$147,000/month payments
What the amendment changed, line by lineSee it free →

Team

Sponsor
Bedford Star LLC
Principals
Bernard Jacobowitz, Joel Braver, Yoel Jacobowitz
Tax estimate
Ben Rottenstein Associates Inc.Prepared the first-year real estate tax projection
Construction lender
Investors Bank
Buyer's lender
ABC Mortgage CorpThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 205

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R7A

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 904 Bedford Avenue's common charges high for the area? No, they're on the low side. 904 Bedford Avenue budgets $0.36 per square foot a month, against a $0.50 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?