126 South 2nd Street Condominium
126 South 2nd Street, Brooklyn, NY 11211
Overview
126 South 2nd Street is a 3-unit condo in Brooklyn.
- Offering plan: Accepted August 2020 · 280 pages · floor plans on page 120
- Finishes: Hardwood floors, porcelanosa snow white kitchen countertops, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $1,698 a square foot on average, as first offered; $9.64 million in all ($8.65 million when first offered)
- Common charges: $792–$1,059 a month, the sponsor's first-year estimate
- Sponsor: 126 South 2 LLC, represented by Eial Girtz P.C.; principals Noam Amos and Yishai Antebi Saka
- Neighborhood: Williamsburg, Brooklyn
- Subway: 9-minute walk to Bedford Av (L); 10 minutes to Marcy Av (J, M, Z)
- Amendments: 2, the latest in October 2021
- Units
- 3 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 9 min walk to Bedford Av LMarcy Av J M Z, 10 min
- Principals
- Noam Amos, Yishai Antebi Saka
- Average $/sf
- $1,698Homes in Schedule A, as first offered
- Common charges
- $792–$1,059 a monthSponsor's first-year estimate in Schedule A, March 1, 2021 To February 28, 2022
- Offering price
- $9.64 million total $8.65 million when first offered
- Floor plans
- Page 120 of the plan
- SubmittedMay 2021
- AcceptedAugust 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
3 of 3homes sold (100%)
From city records (ACRIS), through Aug 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 3 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 Oct 22, 2021
Plan extended 6 months; first closing completed on Unit 2 with Unit 3 in contract and Unit 1 unsold; common charges and tax amounts set.
- Plan extended for 6 months
- First Unit Closing (Unit #2) occurred October 18, 2021; Unit 3 in contract; Unit 1 unsold
- Common charges: Unit 1 $1,105.25/month, Unit 3 $826.11/month
- Real estate taxes: Unit 1 $1,024.61, Unit 3 $765.84
- Permanent Certificate of Occupancy obtained August 25, 2021
- Declaration of Condominium recorded September 28, 2021
- Working capital account at Chase Bank contains $1,767.04
- Reserve account to contain $3,500.00 with $291.67 monthly contributions
Amendment 1 May 21, 2021
Plan declared effective, offering prices raised for all three units, common charges and service costs increased.
- Plan extended for 6 months
- Unit 1 price increased from $3,150,000.00 to $3,500,000.00
- Unit 2 price increased from $2,550,000.00 to $2,995,000.00
- Unit 3 price increased from $2,950,000.00 to $3,150,000.00
- Annual common charges increased by $2,800.00 to $33,778.61
- Service contracts expenses increased by $2,400.00 to $13,414.84 (virtual doorman ~$200/month)
- First closing rescission right extended to September 5, 2023 due to COVID-19 executive order tolling
- NY State transfer tax law effective July 1, 2021 eliminates gross-up requirement for residential conveyances
Team
- Sponsor
- 126 South 2 LLC
- Principals
- Noam Amos, Yishai Antebi Saka
- Counsel
- Eial Girtz P.C.
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Shaughnessy Capital$4 million loan stated in the plan
- General contractors
- Nadkos, G-Nado, StructurelineHeld the general construction permit on DOB job 320916602
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
- Commercial overlay
- C2-3
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 128 South 1st Street Condominiumnext door · 4 units · 2026
- 101 South 4th Street Condominiumnext door · 2 units · 2024
- 89 South 4 Street Condominium0.1 mi · 4 units · 2022
- 79 South 2nd Street Condominium0.1 mi · 3 units · 2025
- Williamsberry Condominium0.2 mi · 60 units · 2015
- 190 South First Street Condominium0.2 mi · 32 units · 22 parking · 2015
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