139 Huron Condominium (Bath Haus)
139 Huron Street, Brooklyn, NY 11222
Overview
Bath Haus is a 9-unit condo in Brooklyn, with 6 storage units.
- Offering plan: Accepted November 2018
- Prices: $1,533 a square foot on average, as first offered; $16.1 million in all ($16.1 million when first offered)
- Common charges: $377–$1,810 a month, the sponsor's first-year estimate
- Sponsor: All Blue Huron, LLC, represented by D'Agostino, Levine, Landesman & Lederman, LLP
- Subway: 3-minute walk to Greenpoint Av (G); 13 minutes to Nassau Av (G)
- Amendments: 7, the latest in November 2021
- Units
- 9 residential · 6 storage
- Subway
- 3 min walk to Greenpoint Av GNassau Av G, 13 min
- Average $/sf
- $1,533Homes in Schedule A, as first offered
- Common charges
- $377–$1,810 a monthSponsor's first-year estimate in Schedule A, January 1, 2021 to December 31, 2021
- Offering price
- $16.1 million total $16.1 million when first offered
- SubmittedApril 2019
- AcceptedNovember 2018
- 7 amendments
- First sale
- Latest sale
Units & Prices
Sales
9 of 9homes sold (100%)
From city records (ACRIS), through Dec 31, 2023.
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 9 homes.
Each home's estimate, city bills and tax breaksSee it free →The Building
Amendments
Amendment 5 Feb 25, 2021
This amendment moves the plan's first year of condominium operation to July 1, 2021 through June 30, 2022, and replaces the real estate tax projections, which now show a substantial tax increase once construction is complete.
- First Year of condominium operation set as July 1, 2021 through June 30, 2022
- Real estate tax projections replaced with Metropolitan letter dated February 16, 2021 (Exhibit A)
- Projected 2022/2023 taxes for all residential units about $144,312.00 in aggregate, based on $1,176,428.00 in post-construction assessments and a 12.267% tax rate
- Tax increase expected once 100% completion takes effect July 1, 2022; unit-level figures are in Schedule A, column (8)
- Construction completion and first temporary certificate of occupancy projected on or about July 1, 2021
- Special Risks 15 and 24 rewritten; first unit closing must occur by June 30, 2022 or affected purchasers get a rescission right
- Schedule A replaced with revised First Year carrying charges and offering prices (Exhibit B)
- Notes 6 and 7 to Schedule A updated to the July 1, 2021 First Year
- Schedule A prices increased for 2 homes (median +3.5%): 3D $974,740 → $975,000; PH $3,817,080 → $3,950,000
- Schedule A prices decreased for 7 homes (median -2.6%): THA $3,400,990 → $3,400,000; THB $3,400,990 → $3,400,000; 1A $731,025 → $699,000; 1B $731,025 → $699,000; ...
Amendment 4 Aug 21, 2020
This amendment moves the plan's projected first year of condominium operation to January 1, 2021 through December 31, 2021, and replaces the real estate tax projections with a newer Metropolitan letter that shows substantially higher taxes.
- First year of condominium operation set to January 1, 2021 through December 31, 2021
- Real estate tax projection letter from Metropolitan dated August 13, 2020 replaces the January 20, 2020 estimate (Exhibit A)
- Projected 2021/2022 real estate taxes for residential units approximately $144,312.00, based on aggregate post-construction assessments of $1,176,428.00 and a 12.267% tax rate, described as a substantial increase over the prior Schedule A figures
- Projected construction completion and first temporary certificate of occupancy on or about January 1, 2021
- Schedule A revised with updated First Year charges, total carrying charges and deductible carrying charges (Exhibit B)
- Special Risk 24 now says the First Unit Closing is expected by December 31, 2021, or another date in a later amendment, with rescission offered to affected purchasers if missed
- Special Risk 15 and Notes 6 and 7 rewritten to reflect the new First Year and tax projections
- Building class stated as Class 1-B noncombustible construction
Team
- Sponsor
- All Blue Huron, LLC
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
- 130 Huron Street Condominiumnext door · 4 units · 2024
- 141 Green Street Condominiumnext door · 6 units · 2020
- 149 Green Street Condominiumnext door · 9 units · 2022
- 153 Green Street Condominiumnext door · 10 units · 2021
- 144 Freeman Street Condominiumnext door · 8 units · 2023
- 112 Huron Street Condominiumnext door · 4 units · 2026
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