129 Metropolitan Avenue Condominium
129 Metropolitan Avenue, Brooklyn, NY 11211
Overview
129 Metropolitan Avenue is a 12-unit condo in Brooklyn, with 6 parking units.
- Offering plan: Accepted March 2008 · 209 pages · floor plans on page 18
- Finishes: Wood floors, quartz kitchen countertops, wood cabinets, GE appliances, washer/dryer hook-ups, Delta bathroom fittings and through-wall PTAC units for heating and cooling
- Prices: $798 a square foot on average, as first offered; $9.85 million in all
- Sponsor: Metropolitan Plaza, LLC, represented by Harold L. Gruber, P.C.; principals Shlomo Karpen
- Neighborhood: Williamsburg, Brooklyn
- Subway: 7-minute walk to Bedford Av (L); 12 minutes to Metropolitan Av/Lorimer St (G, L)
- Amendments: 4, the latest in June 2009
- Units
- 12 residential · 6 parking
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 7 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 12 min
- Principals
- Shlomo Karpen
- Average $/sf
- $798Homes in Schedule A, as first offered
- Offering price
- $9.85 million total
- Floor plans
- Page 18 of the plan
- SubmittedMay 2008
- AcceptedMarch 2008
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 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.
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 4 Jun 17, 2009
Amendment establishes condominium operation details including first closing date, retained unsold units, working capital fund, board control transition, mortgagee rights, capital reserve fund, and extended offering period.
- First unit closed April 6, 2009
- Condominium Declaration filed February 4, 2009
- Permanent Certificate of Occupancy obtained October 7, 2008
- Sponsor retains 18 unsold units (1B, 2A-5B, 6A-6B, P1-P7)
- Working capital fund of $4,938.00 created at Capital One Bank
- First board election meeting anticipated September 15, 2009
- Mortgagee's Rights added as Declaration Item 23
- Capital Reserve Fund created; budget revised to $59,209 for September 1, 2009 - August 31, 2010
Team
- Sponsor
- Metropolitan Plaza, LLC
- Principals
- Shlomo Karpen
- Counsel
- Harold L. Gruber, P.C.
- Tax estimate
- Moseson & AssociatesPrepared the first-year real estate tax projection
- Construction lender
- Bank of SmithtownLender on the mortgage and building loan agreement recorded March 2006 in ACRIS; $4.44 million recorded
- General contractor
- Deluxe BuildersHeld the general construction permit on DOB job 302183161
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- M1-2/R6A
- Special district
- Special Mixed Use District (MX-8) (MX-8)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 110 North 1st Street Condominiumnext door · 38 units · 19 parking · 2023
- 96 North 1st Street Condominiumnext door · 5 units · 1 parking · 2024
- 103 Grand Street Condominiumnext door · 3 units · 2023
- 80 Metropolitan Condominiumnext door · 123 units · 53 parking · 2007
- 66-68 North 1st Street Condominium0.1 mi · 21 units · 2007
- 88 North 5th Street Condominium0.1 mi · 8 units · 2012
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