10 Quincy Street Condominium (Salvation Lofts)
10 Quincy Street, Brooklyn, NY 11238
Overview
Salvation Lofts is a 46-unit condo in Brooklyn.
- Offering plan: Accepted January 2022 · 366 pages · floor plans on page 37
- Finishes: Hardwood floors, quartz kitchen countertops, Cesar cabinets, Fisher & Paykel and Blomberg appliances, a washer and dryer in each apartment, Artos bathroom fittings and split-system units for heating and cooling
- Prices: $1,417 a square foot on average, as first offered; $72 million in all ($67 million when first offered)
- Common charges: $260–$790 a month, the sponsor's first-year estimate
- Developers: Joyland Group, Meral Property Group and Loketch Group; principals David Rivlin
- Sponsor: Dari Development LLC, represented by Jeffrey Zwick & Associates, P.C.
- Subway: 6-minute walk to Classon Av (G); 8 minutes to Clinton-Washington Avs (C)
- Amendments: 4, the latest in August 2023
- Units
- 46 residential
- Subway
- 6 min walk to Classon Av GClinton-Washington Avs C, 8 min
- Developers
- Joyland Group, Meral Property Group, Loketch Group
- Principals
- David Rivlin
- Average $/sf
- $1,417Homes in Schedule A, as first offered
- Common charges
- $260–$790 a monthSponsor's first-year estimate in Schedule A, April 1, 2022 - March 31, 2023
- Offering price
- $72 million total $67 million when first offered
- Floor plans
- Page 37 of the plan
- SubmittedFebruary 2022
- AcceptedJanuary 2022
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Aug 31, 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 Salvation Lofts's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 44 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 May 20, 2022
Plan declared effective upon execution of purchase agreements for ten residential units representing 21.73% of the forty six units offered.
- Plan declared effective based on ten residential unit purchase agreements
- Purchase agreements executed for units 1D, 2D, 2G, 2H, 2L, 3H, 3L, 4H, 4K, and 4L
- Ten units represent approximately 21.73% of forty six total residential units
Amendment 1 Feb 3, 2022
Sponsor changed to Quincy Street Investors LLC, storage spaces reduced on first floor and increased in cellar, and all unit prices updated.
- Sponsor replaced with Quincy Street Investors LLC (Pinchos Loketch principal)
- All 46 residential unit prices updated
- Cellar storage spaces increased from 28 to 36
- First floor storage spaces reduced from 20 to 10
- No units currently under contract
Team
- Sponsor
- Dari Development LLC
- Developers
- Joyland Group, Meral Property Group, Loketch GroupReported by brooklynpaper.com
- Principals
- David Rivlin
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
- Structural engineer
- Avishay I. Mazor, P.E.Named on p. 133
- MEP engineer
- Levin Engineering PLLCMechanical, electrical and plumbing · Named on p. 133
- Property report
- Jeffrey Kamen, RAPrepared the plan's description of the property and its condition · Named on p. 133
- Interior designer
- Durukan DesignReported by streeteasy.com
- Buyer's lender
- Wells FargoThe sponsor's preferred mortgage lender; you can use another · Named on p. 28
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
- 179 Gates Avenue Condominiumnext door · 4 units · 2020
- 25 Quincy Street Condominiumnext door · 10 units · 2021
- 19 Irving Place Condominiumnext door · 4 units · 2022
- 56 Quincy Street Condominium0.1 mi · 4 units · 2024
- 59 Quincy Street Condominium0.1 mi · 5 units · 2017
- 71 Lexington Avenue Condominium0.1 mi · 5 units · 2006
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