THE CONDO BOOK PROJECT

131 Martense Condominium

131 Martense Street, Brooklyn, NY 11226

Compare

Overview

131 Martense is an 8-unit condo in Brooklyn.

  • Offering plan: Accepted May 2021 · 249 pages · floor plans on page 28
  • Finishes: Engineered wood floors, stone kitchen countertops, First Cabinet cabinets, Samsung appliances, washer/dryer hook-ups, Kohler bathroom fittings and split-system units for heating and cooling
  • Prices: $5.76 million in all ($4.66 million when first offered)
  • Sponsor: 131 Martense LLC, represented by Thomas E. Berinato, Attorney At Law; principals Lei Liu and Wai-Kei (“Sally”) Mak
  • Neighborhood: Flatbush, Brooklyn
  • Subway: 6-minute walk to Church Av (2, 5); 11 minutes to Church Av (B, Q)
  • Amendments: 2, the latest in May 2022
  1. SubmittedNovember 2021
  2. AcceptedMay 2021
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 8homes sold (38%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 31, 2022.

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 131 Martense'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 4 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
131 Martense LLC
Principals
Lei Liu, Wai-Kei (“Sally”) Mak
Tax estimate
Thomas E. BerinatoPrepared the first-year real estate tax projection
Title agency
Federal Standard AbstractThe sponsor's title company for buyers; you can choose another · Named on p. 54

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R7-1

Today's zoning, from city data (PLUTO 26v2).

Nearby

Free in ChatGPT or Claude

Ask Claude or ChatGPT about 131 Martense

The fastest way to know any condo or co-op

Get Connected →
The Condo Book Project What does the offering plan say about subletting at 131 Martense? Who were 131 Martense's sponsor, attorney and architect?