150 North Fifth Street Condominium
150 North Fifth Street, Brooklyn, NY 11217
Overview
150 North Fifth Street is a 31-unit condo in Brooklyn.
- Offering plan: Accepted September 2007 · 357 pages · floor plans on page 252
- Finishes: Hardwood floors, washer/dryer hook-ups and Kohler bathroom fittings
- Prices: $718 a square foot on average, as first offered; $25.3 million in all
- Common charges: $297–$1,027 a month, the sponsor's first-year estimate
- Sponsor: The Rialto @ North Fifth LLC, represented by Seiden & Schein, P.C.; principals Marianne Hovivian and Toros Hovivian
- Neighborhood: Williamsburg, Brooklyn
- Subway: 3-minute walk to Bedford Av (L); 9 minutes to Metropolitan Av/Lorimer St (G, L)
- Amendments: 1, the latest in May 2008
- Units
- 31 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 3 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 9 min
- Principals
- Marianne Hovivian, Toros Hovivian
- Average $/sf
- $718Homes in Schedule A, as first offered
- Common charges
- $297–$1,027 a monthSponsor's first-year estimate in Schedule A, January 1, 2008 to December 31, 2008
- Offering price
- $25.3 million total
- Floor plans
- Page 252 of the plan
- SubmittedApril 2007
- AcceptedSeptember 2007
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
31 of 31homes sold (100%)
From city records (ACRIS), through Jul 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 8 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- The Rialto @ North Fifth LLC
- Principals
- Marianne Hovivian, Toros Hovivian
- Counsel
- Seiden & Schein, P.C.
- Tax estimate
- Metropolitan Valuation Services, Inc.Prepared the first-year real estate tax projection
- Construction lender
- North Fork Bank$11 million loan stated in the plan
- Title agency
- All New York Title AgencyThe sponsor's title company for buyers; you can choose another · Named on p. 50
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- M1-2/R6B
- Special district
- Special Mixed Use District (MX-8) (MX-8)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- N4 Condominiumsnext door · 37 units · 17 parking · 2007
- 174 North 6th Street Condominiumnext door · 6 units · 2024
- 661 Driggs Avenue Condominium0.1 mi · 8 units · 2023
- 171 North First Street Condominium0.1 mi · 57 units · 2023
- 280 Metropolitan Avenue Condominium0.1 mi · 28 units · 14 parking · 2015
- Metropolitan Condominium0.1 mi · 10 units · 2003
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