THE CONDO BOOK PROJECT

7 Metrotech Condominium

101 Willoughby Street, Brooklyn, NY 11201

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Overview

7 Metrotech is a 249-unit condo in Brooklyn, with 1 parking unit and 2 commercial units.

  • Offering plan: Accepted August 2006 · 598 pages · floor plans on page 23
  • Finishes: A washer and dryer in each apartment and ducted heat pumps for heating and cooling
  • Prices: $247 million in all
  • Developer: Sickles Holding LLC; principals David Bistricer, Eva Schwimmer, Morris Bistricer and Sam Levinson
  • Sponsor: Metrotech, LLC I, represented by John A. Dandola Attorney At Law
  • Neighborhood: Downtown Brooklyn, Brooklyn
  • Subway: 1-minute walk to Jay St-MetroTech (A, C, F, R); 3 minutes to Hoyt St (2, 3)
  • Amendments: 23, the latest in December 2015
  1. SubmittedNovember 2006
  2. AcceptedAugust 2006
  3. 23 amendments

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 7 Metrotech's common charges compare with similar buildings? →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 2 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
Metrotech, LLC I
Developer
Sickles Holding LLC
Principals
David Bistricer, Eva Schwimmer, Morris Bistricer, Sam Levinson
Tax estimate
Tuchman, Katz, Schwartz, Gelles, Korngold & Weiss, LLPPrepared the first-year real estate tax projection
Construction lender
Column Financial$146.7 million recorded
Structural engineer
Severud AssociatesNamed on p. 277
MEP engineer
Edwards & ZuckMechanical, electrical and plumbing · Named on p. 277
Interior designer
Beyer Blinder BelleReported by en.wikipedia.org
Title agency
Rockwell Abstract LLCThe sponsor's title company for buyers; you can choose another · Named on p. 204

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
C6-4.5
Special district
Special Downtown Brooklyn District (DB)

Today's zoning, from city data (PLUTO 26v2).

Nearby

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