103 Douglass Street Condominium
103 Douglass Street, Brooklyn, NY 11231
Overview
103 Douglass Street is a 3-unit condo in Brooklyn.
- Offering plan: Accepted June 2020 · 289 pages · floor plans on page 4
- Finishes: Hardwood floors, quartz kitchen countertops, Great Northern Cabinetry cabinets, Wolf, Sub-Zero and Bertazzoni appliances, washer/dryer hook-ups and Danze bathroom fittings
- Prices: $2,017 a square foot on average, as first offered; $7.3 million in all ($4.65 million when first offered)
- Developer: Minerva Capital Holdings LLC
- Sponsor: 103 Douglass LLC, represented by Tsyngauz & Associates, P.C.
- Subway: 5-minute walk to Bergen St (F, G); 6 minutes to Carroll St (F, G)
- Amendments: 2, the latest in January 2021
- Units
- 3 residential
- Subway
- 5 min walk to Bergen St F GCarroll St F G, 6 min
- Developer
- Minerva Capital Holdings LLC
- Average $/sf
- $2,017Homes in Schedule A, as first offered
- Offering price
- $7.3 million total $4.65 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedAugust 2020
- AcceptedJune 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2022.
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.
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 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Aug 24, 2020
Plan declared effective after sponsor accepted purchase agreement for one unit (33.33% of units offered).
- Plan declared effective August 20, 2020
- Sponsor accepted purchase agreement for Unit 2
Team
- Sponsor
- 103 Douglass LLC
- Developer
- Minerva Capital Holdings LLC
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Bayport Funding$2.5 million loan stated in the plan
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
- 101 Douglass Street Condominiumnext door · 3 units · 2022
- 99 Douglass Street Condominiumnext door · 3 units · 2020
- 89 Douglass Street Condominiumnext door · 4 units · 2023
- 85 Douglass Street Condominiumnext door · 4 units · 2023
- 118 Douglass Street Condominiumnext door · 2 units · 2021
- 377 Degraw Street Condominiumnext door · 3 units · 2020
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