Troutman Partners Condominium
109 Troutman Street, Brooklyn, NY 11206
Overview
Troutman Partners is an 8-unit condo in Brooklyn.
- Offering plan: Accepted October 2023 · 274 pages · floor plans on page 213
- Finishes: 8'6" ceilings, engineered wood floors, granite kitchen countertops, plywood and Formica cabinets, Haier, Samsung and Frigidaire appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,101 a square foot on average, as first offered; $5.92 million in all ($5.77 million when first offered)
- Common charges: $167–$660 a month, the sponsor's first-year estimate
- Sponsor: Troutman Partners LLC, represented by Eial Girtz, PC; principals Arkadiy Nagorev
- Subway: 6-minute walk to Central Av (M); 7 minutes to Myrtle Av (J, M, Z)
- Amendments: 2, the latest in May 2024
- Units
- 8 residential
- Subway
- 6 min walk to Central Av MMyrtle Av J M Z, 7 min
- Principals
- Arkadiy Nagorev
- Average $/sf
- $1,101Homes in Schedule A, as first offered
- Common charges
- $167–$660 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 To December 31, 2024
- Offering price
- $5.92 million total $5.77 million when first offered
- Floor plans
- Page 213 of the plan
- SubmittedDecember 2023
- AcceptedOctober 2023
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jan 31, 2026.
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 for 8 homes.
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 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 May 10, 2024
Plan extended 6 months; Final Certificate of Occupancy issued; storage unit prices set; units closing; common charges and tax amounts specified.
- Plan extended for 6 months
- Final Certificate of Occupancy obtained March 21, 2024
- Storage unit prices: Storage #1 $15,000.00, Storage #2 $15,000.00, Storage #3 $20,000.00
- First unit closing (Unit 2A) on March 29, 2024; Units 1A, 2B, 3A, 3B, 4A, 4B also closed; Unit 1B in contract
- Common charges and real estate tax for Unit 1B: $659.61 monthly common charges, $208.38 monthly real estate tax
- Working capital account balance $2,441.47; reserve account balance $0.00 (should be $3,800.00)
- Sponsor covering all operating costs; delaying common charges collection but may commence with 30-day notice
Amendment 1 Nov 27, 2023
Plan declared effective based on purchase agreements for 2 units (24% of 8 units offered).
- Plan declared effective November 27, 2023
- Units 2A and 3A in contract
- 2 purchase agreements executed (24% of 8 units required for effectiveness)
Team
- Sponsor
- Troutman Partners LLC
- Principals
- Arkadiy Nagorev
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Property report
- Demerara Engineering, PLLCPrepared the plan's description of the property and its condition · Named on p. 33
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 168 Evergreen Avenue Condominiumnext door · 8 units · 2019
- Jefferson Unique Residence0.1 mi · 7 units · 2026
- 1073 Willoughby Avenue Condominium0.2 mi · 8 units · 2025
- 718 Bushwick Avenue Condominium0.2 mi · 8 units
- 1273 Dekalb Avenue Condominium0.2 mi · 4 units · 2017
- 1269 Dekalb Avenue Condominium0.2 mi · 10 units · 2020
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