THE CONDO BOOK PROJECT

115 St. Marks Place Condominium

115 St. Marks Place, Brooklyn, NY 11215

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Overview

115 St. Marks Place is a 3-unit condo in Brooklyn.

  • Offering plan: Accepted September 2020 · 291 pages · floor plans on page 4
  • Finishes: Hardwood floors, stone kitchen countertops, S&H Kitchens cabinets, Sub-Zero and GE appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $1,700 a square foot on average, as first offered; $5.59 million in all ($5.5 million when first offered)
  • Common charges: $334–$641 a month, the sponsor's first-year estimate
  • Sponsor: 115 St. Marks LLC, represented by Raphael And Marks Attorneys At Law; principals David Ettedgui, Farhad Bokhour and Zohar Zauber
  • Subway: 4-minute walk to Bergen St (2, 3); 5 minutes to Atlantic Av-Barclays Ctr (2, 3, 4, 5, B, D, N, Q, R)
  • Amendments: 2, the latest in February 2021
  1. SubmittedDecember 2020
  2. AcceptedSeptember 2020
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Oct 31, 2025.

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 115 St. Marks Place's common charges compare with similar buildings? →

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

Amendments

Amendment 2 Feb 5, 2021

Plan declared effective after one purchase agreement for 33⅓% of residential units was executed.

  • Plan declared effective by Notice of Effectiveness dated February 5, 2021
  • One Purchase Agreement executed for 33⅓% of residential units
  • Purchaser is unrelated to Sponsor, Selling Agent, and their principals
  • No material changes to the budget for the first year's operation

Amendment 1 Dec 21, 2020

Purchase price of Unit 1 increased to $2,295,000.

What each amendment changed, line by lineSee it free →

Team

Sponsor
115 St. Marks LLC
Principals
David Ettedgui, Farhad Bokhour, Zohar Zauber
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection

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

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The Condo Book Project Are 115 St. Marks Place's common charges high for the area? No, they're on the low side. 115 St. Marks Place budgets $0.41 per square foot a month, against a $0.44 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 3 units, every budget line, every saleSee it free