1269 Dekalb Avenue Condominium
The 1269 Dekalb Avenue, Brooklyn, NY 11211
Overview
1269 Dekalb Avenue is a 10-unit condo in Brooklyn.
- Offering plan: Accepted March 2020 · 319 pages · floor plans on pages 21–22
- Finishes: Hardwood floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups and split-system units for heating and cooling
- Prices: $960 a square foot on average, as first offered; $7.08 million in all ($7.14 million when first offered)
- Common charges: $281–$595 a month, the sponsor's first-year estimate
- Developer: East Coast Real Estate Development Group; principals Shai Birenzweig and Ofer Aviv
- Sponsor: 1269 Dekalb Development LLC, represented by Jeffrey Zwick & Associates, P.C.
- Subway: 3-minute walk to Central Av (M); 7 minutes to Kosciuszko St (J)
- Amendments: 2, the latest in November 2020
- Units
- 10 residential
- Subway
- 3 min walk to Central Av MKosciuszko St J, 7 min
- Principals
- Shai Birenzweig, Ofer Aviv
- Average $/sf
- $960Homes in Schedule A, as first offered
- Common charges
- $281–$595 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 - June 30, 2022
- Offering price
- $7.08 million total $7.14 million when first offered
- Floor plans
- Pages 21–22 of the plan
- SubmittedJuly 2020
- AcceptedMarch 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2024.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 1 home.
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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Nov 11, 2020
Tax assessment and common charges revised downward based on updated tax opinion.
- Assessed valuation reduced from $608,923.00 to $536,641.00
- Tax rate reduced from 12.473% to 12.267%
- Projected annual real estate taxes reduced from prior estimate to $65,829.75
- Schedule A updated with revised monthly and annual common charges
- Units 2B, 2C, 3A, 3B and 4B are currently under contract
Amendment 1 Jul 27, 2020
Floor plan changes, unit price updates, and plan declared effective with two units under contract.
- Plan declared effective as of July 6, 2020 with 2 units (20%) under executed purchase agreements
- Unit 1A increased from 674 SF to 700 SF; Limited Common Element increased from 183 SF to 192 SF
- Unit 1B increased from 712 SF to 737 SF; rear yard Limited Common Area decreased from 1,181 SF to 718 SF
- Recreation area increased from 454 SF to 731 SF
- Bathtubs changed to stand-up showers in Units 2B, 3A, 3B, 4A, 4B, and 4C
- Unit prices: 2B $510,000; 2C $485,000; 3A $530,000; 3B $745,000
- Gas meters installed in storage room behind electrical room; roof paver installed
- Purchasers of units 2B, 3A, 3B, and 4B granted right to rescind within 15 days; Units 2B and 3A have waived rescission rights
Team
- Sponsor
- 1269 Dekalb Development LLC
- Principals
- Shai Birenzweig, Ofer Aviv
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
- Construction lender
- Tideway Capital FundingLender on the mortgage and building loan agreement recorded July 2020 in ACRIS; $4.45 million recorded
- General contractor
- Brooklyn B Company GroupHeld the general construction permit on DOB job 321184883
- MEP engineer
- IN FOCUSMechanical, electrical and plumbing · Named on p. 162
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
- 1273 Dekalb Avenue Condominiumnext door · 4 units · 2017
- 1249 Dekalb Avenue Condominiumnext door · 6 units · 2019
- 53 Stanhope Street Condominiumnext door · 8 units · 2024
- 64 Stanhope Street Condominium0.1 mi · 8 units · 2019
- 48 Stanhope Street Condominium0.1 mi · 8 units · 2025
- 54 Himrod Street Condominium0.2 mi · 6 units · 2020
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