THE CONDO BOOK PROJECT

952 Bushwick Avenue Condominium

952 Bushwick Avenue, Brooklyn, NY 11221

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Overview

952 Bushwick Avenue is a 10-unit condo in Brooklyn.

  • Offering plan: Accepted August 2021 · 337 pages · floor plans on page 32
  • Finishes: Wood floors, quartz kitchen countertops, Nobilia cabinets, Blomberg and Bosch appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $933 a square foot on average, as first offered; $9.4 million in all ($9.01 million when first offered)
  • Common charges: $394–$692 a month, the sponsor's first-year estimate
  • Sponsor: Hlpg 950 Bushwick LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Udi Marciano and Yaakov Scharman
  • Subway: 5-minute walk to Gates Av (J, Z); 7 minutes to Kosciuszko St (J)
  • Amendments: 1, the latest in November 2021
  1. SubmittedNovember 2021
  2. AcceptedAugust 2021
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

10 of 10homes sold (100%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 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 952 Bushwick 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 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 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Oct 26, 2021

Offering prices for 10 units are amended, and the plan is declared effective with two purchase agreements received.

  • Offering prices amended for units 1B through 6B (ranging from $769,000 to $1,275,000)
  • Plan declared effective as of October 28, 2021 with 2 units under purchase agreement (20% threshold met)
  • No closings permitted until this amendment is accepted for filing by the Department of Law
  • Plan term extended for 6 months from amendment date
What the amendment changed, line by lineSee it free →

Team

Sponsor
Hlpg 950 Bushwick LLC
Principals
Udi Marciano, Yaakov Scharman
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
1st Constitution Bank$6.55 million recorded
General contractors
HP Building Management, TCS ConstructionHeld the general construction permit on DOB job 320911929
Buyer's lender
loanDepotThe sponsor's preferred mortgage lender; you can use another · Named on p. 206

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 952 Bushwick Avenue's common charges high for the area? Yes, they're on the high side. 952 Bushwick Avenue budgets $0.52 per square foot a month, against a $0.44 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 10 units, every budget line, every saleSee it free