935 Lafayette Avenue Condominium
935 Lafayette Avenue, Brooklyn, NY 11221
Overview
935 Lafayette Avenue is a 4-unit condo in Brooklyn.
- Offering plan: Accepted March 2025 · 327 pages · floor plans on page 24
- Finishes: Hardwood floors, granite kitchen countertops, painted white cabinets, Fisher & Paykel, GE and General Electric appliances, washer/dryer hook-ups and central forced air for heating and cooling
- Prices: $1,259 a square foot on average, as first offered; $5.15 million in all ($4.25 million when first offered)
- Common charges: $707–$898 a month, the sponsor's first-year estimate
- Sponsor: Rutland Road, LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Shahriar Homapour and Igal Reihanian
- Subway: 8-minute walk to Kosciuszko St (J); 9 minutes to Myrtle Av (J, M, Z)
- Amendments: 2, the latest in April 2026
- Units
- 4 residential
- Subway
- 8 min walk to Kosciuszko St JMyrtle Av J M Z, 9 min
- Principals
- Shahriar Homapour, Igal Reihanian
- Average $/sf
- $1,259Homes in Schedule A, as first offered
- Common charges
- $707–$898 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 -June 30, 2026
- Offering price
- $5.15 million total $4.25 million when first offered
- Floor plans
- Page 24 of the plan
- SubmittedApril 2025
- AcceptedMarch 2025
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
4 of 4homes sold (100%)
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)
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 | 511 Throop24 units · 0.6 miaccepted 2026 | 129 Malcolm X Blvd34 units · 0.3 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.74Highest | $0.41 | $0.47 |
| Average Offering PricePer Apartment | $1.29MIn line | $1.49M | $1.22M |
| Average PricePer Square Foot | $1,259In line | $1,318 | $1,042 |
| Average Unit SizeSquare Feet | 1,022 SFSmaller | 1,129 SF | 1,174 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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Apr 15, 2026
Amendment updates tax deduction limits under new federal law, delays first condominium operation to July 1, 2026, offers rescission rights to purchasers, updates budget and Schedule A, and changes Sponsor's attorney.
- Tax deduction limit on combined state, city and real estate taxes raised to $40,000.00 per year; mortgage interest deduction limit $750,000.00
- First year of condominium operation now projected to begin July 1, 2026 instead of July 1, 2025
- Purchasers offered rescission rights with 15-day notice period and 10-day refund of down payment
- Revised budget with updated line items including water and sewer charges of $4,210.00 and reserve fund at 10% of budget
- Updated Schedule A with revised projected start date and estimated common charges
- Sponsor's attorney changed to The Law Office of Jay Lichtman P.C., 99 W Hawthorne Avenue, Suite 520, Valley Stream, NY 11580
- Plan term extended for 6 months
- New Counsel's Income Tax Opinion letter attached as Exhibit I
- Schedule A prices increased for 4 homes (median +25.0%): 1 $1,250,000 → $1,400,000; 2 $1,000,000 → $1,250,000; 3 $1,000,000 → $1,250,000; 4 $1,000,000 → $1,250,000
Amendment 1 Apr 11, 2025
Offering prices for four units are amended.
- Unit 1 offering price: $1,400,000
- Unit 2 offering price: $1,250,000
- Unit 3 offering price: $1,250,000
- Unit 4 offering price: $1,250,000
Team
- Sponsor
- Rutland Road, LLC
- Principals
- Shahriar Homapour, Igal Reihanian
- Tax estimate
- RE Tax ServicePrepared the first-year real estate tax projection
- Property report
- Badaly Engineering PLLCPrepared the plan's description of the property and its condition · Named on p. 136
- Buyer's lender
- U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 191
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
- 979 Lafayette Avenue Condominium0.1 mi · 3 units · 2022
- 442 Pulaski Street Condominium0.2 mi · 7 units · 2019
- 773 Greene Avenue Condominium0.2 mi · 4 units · 2021
- 444 Pulaski Street Condominium0.2 mi · 7 units · 2019
- 394 Kosciuszko Street Condominium0.2 mi · 8 units · 2021
- 901 Greene Avenue Condominium0.2 mi · 4 units · 2020
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