THE CONDO BOOK PROJECT

Dupont Plaza Condominium

149 Dupont Street, Brooklyn, NY 11222

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Overview

Dupont Plaza is a 4-unit condo in Brooklyn, with 2 storage units.

  • Offering plan: Accepted December 2022 · 414 pages · floor plans on page 3
  • Finishes: 9-foot ceilings, synthetic stone kitchen countertops, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
  • Prices: $6.62 million in all
  • Common charges: $694–$880 a month, the sponsor's first-year estimate
  • Developers: Core Development Group and The Guberman Group; principals Josh Guberman
  • Sponsor: 149 Dupont Street LLC, represented by Starr Associates, LLP
  • Neighborhood: Greenpoint, Brooklyn
  • Subway: 7-minute walk to Greenpoint Av (G); 12 minutes to Vernon Blvd-Jackson Av (7)
  • Amendments: 5, the latest in December 2024
  1. SubmittedMay 2023
  2. AcceptedDecember 2022
  3. 5 amendments
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Feb 28, 2025.

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 Dupont Plaza's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 4 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 2 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 5 Dec 19, 2024

Fifth Amendment updates offering price, board composition, and sponsor financial information for the remaining unsold unit.

  • Unsold unit offering price set per Schedule A
  • Working Capital Account balance: approximately $11,641 as of December 15, 2024
  • Condominium Board members: Joshua P. Guberman (President), Perry Cohen (Vice President), Adam Wolpert (Secretary/Treasurer)
  • First Closing occurred June 4, 2024; First Year of Condominium Operation not yet concluded
  • Sponsor sold 3 units; 1 unit remains unsold
  • Monthly Common Charges for Unsold Unit: approximately $694
  • Monthly Real Estate Taxes for Unsold Unit: approximately $746
  • Plan term extended

Amendment 3 Jan 30, 2024

Third Amendment declares the offering plan effective after at least 15% of units received purchase agreements.

  • Plan declared effective as of January 30, 2024
  • At least one unit (Unit 1) with executed Purchase Agreement, representing more than 15% of four units offered
  • Plan term extended

Amendment 2 Nov 17, 2023

Second amendment extends the offering plan term with no material changes to facts or circumstances.

  • Plan term extended
  • First closings projected during First Year of Condominium Operation (per First Amendment)
  • No material changes to property or offering except as stated in this amendment

Amendment 1 May 18, 2023

First amendment updates Schedule A with new offering prices, common charges, and real estate taxes effective July 1, 2023.

  • First Year of Condominium Operation projected to commence July 1, 2023
  • Updated Schedule A with new offering prices: Unit 1 $1,895,000.00, Unit 2 $1,495,000.00, Unit 3 $1,495,500.00, Unit 4 $1,695,000.00
  • Updated Schedule B for period July 1, 2023 to June 30, 2024
  • Storage units offered at $9,500.00 each (Units 1-4, 12 sq ft each)
  • Monthly carrying charges updated: Unit 1 $1,825.69, Unit 2 $1,440.32, Unit 3 $1,440.80, Unit 4 $1,633.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
149 Dupont Street LLC
Principals
Josh Guberman
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
MEP engineer
C&B Consulting Engineers LLCMechanical, electrical and plumbing · Named on p. 135
Property report
ADG Architecture & Design, P.C.Prepared the plan's description of the property and its condition · Named on p. 135

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

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