1623 40th Street Condominium
1623 40th Street, Brooklyn, NY 11218
Overview
- Units
- 3 residential
- Subway
- 2 min walk to Ditmas Av F18 Av F, 9 min
- Principals
- Moshe Nussenzweig
- Average $/sf
- $827Homes in Schedule A, as first offered
- Common charges
- $401–$595 a monthSponsor's first-year estimate in Schedule A, 1/1/2025 - 12/31/2025
- Offering price
- $5.17 million total $4.5 million when first offered
- Floor plans
- Page 32 of the plan
The sponsor of record is Dahill Rd Holdings LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 303 pages. The sponsor has filed 2 amendments, the latest in December 2025. The nearest other condo plan on file is Dahill Promenade Condominium Ii, next door.
Plan CD240088 · New · accepted Jul 8, 2024 · AG record ↗
Compare
| Figure | This building1 | 1451 59th23 units · 1 miaccepted 2024 | 1513 51st34 units · 0.6 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.26Above peers | $0.23 | $0.25 |
| Average Offering PricePer Apartment | $1.5MIn line | $2M | $1.26M |
| Average PricePer Square Foot | $827Below peers | $873 | $932 |
| Property TaxesPer Square Foot / Month | $0.65In line | $0.59 | $1.03 |
| Average Unit SizeSquare Feet | 1,813 SFIn line | 2,244 SF | 1,354 SF |
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Unit mix, closings, budgets, finishes and the team, against 1451 59th and 1513 51st, cited to the offering plans. No credit card required.
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- 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $4,641,900 at closing against $4,500,000 in Schedule A (p. 34) | +3.2% |
| Average closing price3 homes, on their Schedule A square feet | $853 / SF |
| Closingsfirst and latest recorded | Oct 20, 2025 – Apr 14, 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Oct 20, 2025 | $1,750,000 | $1,500,000 p. 34 | +16.7% |
| 3 | Dec 29, 2025 | $1,670,000 | $1,500,000 p. 34 | +11.3% |
| 1 | Apr 14, 2026 | $1,221,900 | $1,500,000 p. 34 | −18.5% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Dahill Rd Holdings LLC
- Principals
- Moshe Nussenzweig
- Tax estimate
- Re Tax ServicePrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Dahill Promenade Condominium Iinext door · 3 units · 2007
- Dahill Promenade Condominium Inext door · 3 units · 2007
- 1605 40th Street Condominiumnext door · 3 units · 2005
- 4009 16th Avenue Condominiumnext door · 2 units
- 1642 41st Street Condominiumnext door · 3 units · 2015
- 531 Dahill Road Condominiumnext door · 3 units · 2007