974 Bergen Street Condominium
974 Bergen Street, Brooklyn, NY 11216
Overview
974 Bergen Street is a new 3-unit condo in Brooklyn, with 1 parking unit.
- Offering plan: Accepted July 2025 · 267 pages · floor plans on page 12
- Finishes: Wood floors, stone kitchen countertops, Bosch appliances, washer/dryer hook-ups, Groho bathroom fittings and split-system units for heating and cooling
- Prices: $1,154 a square foot on average, as first offered; $4.15 million in all
- Developer: Kork Inc.; principals Koryun Kirakosyan, Mark Martov and Vladislav Kagan
- Sponsor: 974 Bergen St LLC, represented by Eial Girtz, PC
- Subway: 5-minute walk to Park Pl (S); 8 minutes to Franklin Av (C, S)
- Amendments: 1, the latest in October 2025
- Units
- 3 residential · 1 parking
- Subway
- 5 min walk to Park Pl SFranklin Av C S, 8 min
- Developer
- Kork Inc.
- Principals
- Koryun Kirakosyan, Mark Martov, Vladislav Kagan
- Average $/sf
- $1,154Homes in Schedule A, as first offered
- Offering price
- $4.15 million total
- Floor plans
- Page 12 of the plan
- SubmittedOctober 2025
- AcceptedJuly 2025
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
3 of 3homes sold (100%)
From city records (ACRIS), through Apr 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 974 Bergen Street's common charges compare with similar buildings? →
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 | 482 Hancock23 units · 1.1 miaccepted 2026 | 736 Prospect Place36 units · 0.2 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.36Lowest | $0.95 | $0.55 |
| Average Offering PricePer Apartment | $1.33MIn line | $1.51M | $1.06M |
| Average PricePer Square Foot | $1,154Below peers | $1,277 | $1,268 |
| Average Unit SizeSquare Feet | 1,155 SFIn line | 1,182 SF | 833 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 buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Oct 31, 2025
Amendment declares the condominium plan effective, reports initial closings and sponsor finances, and establishes escrow account procedures.
- Plan extended for 6 months
- Declared effective October 22, 2025 after one unit (33% of three units) contracted
- Declaration of Condominium recorded November 10, 2025
- First closings: Units 1, P, and 3 closed November 21, 2025; Unit 2 unsold
- Certificate of Occupancy issued January 25, 2007 (CO number 302039871F)
- Working capital account balance $1,728.42; reserve account balance $133.33
- Escrow agent Jonathan J. Somerstein, Esq., P.C. at ConnectOne Bank, Rockville Centre, NY
- Common charges $386.46 and real estate tax $420.65 monthly for unsold Unit 2
Team
- Sponsor
- 974 Bergen St LLC
- Developer
- Kork Inc.
- Principals
- Koryun Kirakosyan, Mark Martov, Vladislav Kagan
- Counsel
- Eial Girtz, PC
- Tax estimate
- RE Tax Service, LLCPrepared the first-year real estate tax projection
- Construction lender
- States Capital$1.35 million loan stated in the plan
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
- 984 Bergen Street Condominiumnext door · 4 units · 2023
- 569 St Marks Avenue Condominiumnext door · 4 units · 2023
- 1006 Bergen Street Condominiumnext door · 4 units · 2023
- 1007 Bergen Street Condominiumnext door · 4 units · 2020
- 608 St. Marks Avenue Condominiumnext door · 4 units · 2021
- Residences At Prospect Place0.1 mi · 18 units · 9 parking · 2025
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