151 Quincy Street Condominium
151 Quincy Street, Brooklyn, NY 11216
Overview
151 Quincy Street is a 10-unit condo in Brooklyn.
- Offering plan: Accepted January 2021 · 372 pages · floor plans on page 34
- Finishes: Wood floors, granite kitchen countertops, New Vertical Kitchen cabinets, Frigidaire appliances, washer/dryer hook-ups and split-system units for heating and cooling
- Prices: $1,124 a square foot on average, as first offered; $9.65 million in all ($9.7 million when first offered)
- Common charges: $325–$731 a month, the sponsor's first-year estimate
- Sponsor: 151 Quincy St. Condominiums LLC, represented by The Law Office Of Jay Lichtman, PC; principals Ariel Sholomov
- Subway: 5-minute walk to Bedford-Nostrand Avs (G); 9 minutes to Classon Av (G)
- Amendments: 3, the latest in July 2021
- Units
- 10 residential
- Subway
- 5 min walk to Bedford-Nostrand Avs GClasson Av G, 9 min
- Principals
- Ariel Sholomov
- Average $/sf
- $1,124Homes in Schedule A, as first offered
- Common charges
- $325–$731 a monthSponsor's first-year estimate in Schedule A, Year Projected to Begin: July 1, 2021- June 30, 2022
- Offering price
- $9.65 million total $9.7 million when first offered
- Floor plans
- Page 34 of the plan
- SubmittedApril 2021
- AcceptedJanuary 2021
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Feb 28, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 10 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Jul 19, 2021
Amendment updates construction status, unit information, and floor plans; extends rescission deadline and plan term.
- First closing deadline extended from June 30, 2022 to October 23, 2022 due to COVID-19 Executive Order tolling period
- Temporary Certificate of Occupancy issued August 9, 2021; Final Certificate of Occupancy expected by November 2021
- Unit 1A accessory area decreased from 594 sf to 460 sf; Unit 1A purchaser offered rescission right
- Revised unit room counts and gross areas in Schedule A
- 50 sf storage rooms added as Limited Common Elements to Units 2C, 3A, and 4C
- Layout changes to cellar common areas, unit kitchens, and closets
- Plan term extended for six (6) months from amendment date
- Schedule A prices increased for 4 homes (median +2.0%): 1A $975,000 → $985,000; 3A $750,000 → $765,000; 3B $750,000 → $775,000; 4B $750,000 → $765,000
- Schedule A prices decreased for 3 homes (median -3.2%): 2A $825,000 → $765,000; 2B $925,000 → $895,000; 4C $1,475,000 → $1,450,000
Amendment 2 May 4, 2021
Amendment adds FinCEN Geographic Targeting Order requirements for certain entity purchases, declares the plan effective with 2 units sold, and extends the plan term by 6 months.
- FinCEN Currency Transaction Report required for entity purchases of $300,000+ without bank financing in NYC
- Plan declared effective as of May 4, 2021 with 2 units (20% of residential units) sold
- Plan term extended 6 months from amendment date
- First unit closing cannot occur until amendment is accepted for filing by Department of Law
Team
- Sponsor
- 151 Quincy St. Condominiums LLC
- Principals
- Ariel Sholomov
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Quanta Finance$5.5 million recorded
- General contractor
- Nyb BuildersHeld the general construction permit on DOB job 321386326
- Buyer's lender
- Wells FargoThe sponsor's preferred mortgage lender; you can use another · Named on p. 230
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R6B, R7AThe lot is split between two districts, the largest share first
- Commercial overlay
- C2-4
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 149 Quincy Street Condominiumnext door · 4 units · 2020
- 406 Greene Avenue Condominiumnext door · 3 units · 2024
- 206 Lexington Avenue Condominium0.1 mi · 4 units · 2018
- 354 Franklin Avenue Condominiums0.1 mi · 6 units · 2020
- 393 Greene Avenue Condominium0.1 mi · 5 units · 2026
- 197 Quincy Street Condominium0.1 mi · 10 units · 2021
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