THE CONDO BOOK PROJECT

1474 Bushwick Avenue Condominium

1474 Bushwick Avenue, Brooklyn, NY 11207

Overview

Units
8 residential
Subway
3 min walk to Bushwick Av-Aberdeen St LChauncey St J Z, 6 min
Principals
Sagiv Amiri
Common charges
$440–$621 a monthSponsor's first-year estimate in Schedule A, July 1, 2021-June 30, 2022
Offering price
$5.99 million total $5.29 million when first offered

The sponsor of record is 1474 Bushwick LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 350 pages. The sponsor has filed 6 amendments, the latest in April 2025. The nearest other condo plan on file is Granite Condominium, next door.

Plan CD200126 · Rehab · accepted Jul 12, 2021 · AG record ↗

Compare

FigureThis building1373 Palmetto28 units · 1.1 miaccepted 20211490 Saint Johns Place38 units · 1.4 miaccepted 2020
Average Offering PricePer Apartment$662,714Below peers$672,500$689,375

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 373 Palmetto and 1490 Saint Johns Place, cited to the offering plans. No credit card required.

Create a free account
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.

Closings Pro

Homes closed100% of the homes in Schedule A8 of 8
Closing prices vs. Schedule A7 homes: $4,732,000 at closing against $4,639,000 in Schedule A (p. 34)+2%
Closingsfirst and latest recordedMar 21, 2022 – Mar 18, 2026

Sales recorded with the Department of Finance (ACRIS) through May 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 8 closings
HomeRecordedClosing priceSchedule ADifference
3FMar 21, 2022$614,000$639,000 p. 34−3.9%
2FApr 1, 2022$649,000$639,000 p. 34+1.6%
1FApr 13, 2022$780,000$675,000 p. 34+15.6%
1RApr 25, 2022$830,000$749,000 p. 34+10.8%
4FAug 9, 2022$600,000$639,000 p. 34−6.1%
4ROct 7, 2022$630,000$649,000 p. 34−2.9%
3RNov 23, 2022$629,000$649,000 p. 34−3.1%
2RMar 18, 2026$675,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
1474 Bushwick LLC
Principals
Sagiv Amiri
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Empire National Bank

From our research: Do NYC Developers Rehire the Same Firms?

Nearby