1160 Greene Avenue Condominium
1160 Greene Avenue, Brooklyn, NY 11221
Overview
1160 Greene Avenue is a 7-unit condo in Brooklyn.
- Offering plan: Accepted March 2022 · 338 pages · floor plans on page 50
- Finishes: 9-foot ceilings, vinyl plank floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $988 a square foot on average, as first offered; $5.37 million in all
- Sponsor: 1160 Greene Development LLC, represented by Marans Newman Tsolis & Nazinitsky LLC; principals Shai Birenzweig
- Subway: 8-minute walk to Kosciuszko St (J); 8 minutes to Knickerbocker Av (M)
- Amendments: 2, the latest in February 2023
- Units
- 7 residential
- Subway
- 8 min walk to Kosciuszko St JKnickerbocker Av M, 8 min
- Principals
- Shai Birenzweig
- Average $/sf
- $988Homes in Schedule A, as first offered
- Offering price
- $5.37 million total
- Floor plans
- Page 50 of the plan
- SubmittedOctober 2022
- AcceptedMarch 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2024.
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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Feb 16, 2023
Amendment corrects Schedule A Common Interest percentages, discloses post-closing milestones including Certificate of Occupancy and first unit closing, and provides fund balances and board member information.
- Schedule A corrected to properly update Common Interest attributed to each Unit
- First Unit Closing occurred January 31, 2023
- Certificate of Occupancy issued October 31, 2022
- Declaration recorded January 23, 2023
- Working Capital Fund balance: $335.05; Reserve Fund balance: $335.05
- All Units remain Sponsor-held except Unit 2B
- Board of Managers: Shai Birenzweig (President), Nir Sapir (Secretary), Kira Birenzweig (Treasurer)
- First meeting of Unit Owners scheduled within one year of First Unit Closing
Amendment 1 Oct 19, 2022
Plan declared effective, storage areas increased for multiple units, bike room added, first closing delayed to December 1, 2022, and selling agent changed.
- Plan declared effective with 2 units (28%) accepted
- Storage increased for all units (Unit 1: 10→44 SF; Unit 2A: 25→63 SF; Unit 2B: 25→60 SF; Unit 3A: 25→61 SF; Unit 3B: 19→34 SF; Unit 4A: 19→34 SF; Unit 4B: 19→34 SF)
- Unit 1 rear yard decreased from 1,650 SF to 1,578 SF
- Common Element bike room added to cellar
- Permanent Certificate of Occupancy issued October 31, 2022
- First Unit Closing projected date moved from July 1, 2022 to December 1, 2022
- Selling agent changed to Compass, the Lindenberg Team
- Plan term extended 6 months
Team
- Sponsor
- 1160 Greene Development LLC
- Principals
- Shai Birenzweig
- Tax estimate
- RE Tax Service, LLCPrepared the first-year real estate tax projection
- Construction lender
- Arion Fund$4.15 million recorded
- General contractors
- Brooklyn B Company Group, HP Building ManagementHeld the general construction permit on DOB job 321194462
- Property report
- Infocus Design & Planning P.C.Prepared the plan's description of the property and its condition · Named on p. 157
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
- Bleecker Condominiumnext door · 6 units · 2021
- 78 Harman Street Condominiumnext door · 8 units · 2025
- Bleecker Street Gardens Condominiumnext door · 20 units · 10 parking · 2023
- 923 Bushwick Avenue Condominiumnext door · 8 units · 2023
- Green Bushwick Condominiumnext door · 8 units · 2021
- 54 Himrod Street Condominium0.1 mi · 6 units · 2020
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