16 Bay 25th Street Condominium
16 Bay 25th Street, Brooklyn, NY 11214
Overview
16 Bay 25th Street is a 10-unit condo in Brooklyn, with 2 parking units and 1 commercial unit.
- Offering plan: Accepted May 2021 · 278 pages · floor plans on page 60
- Finishes: Tile floors, granite kitchen countertops, solid wood cabinets, Frigidaire and GE appliances, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $906 a square foot on average, as first offered; $14.8 million in all
- Common charges: $200–$434 a month, the sponsor's first-year estimate
- Sponsor: Bay 25 Development LLC, represented by Thomas E. Berinato, Attorney At Law; principals Man Fong Ng, Siu Yau Liu and Tai Wah Liu
- Neighborhood: Bath Beach, Brooklyn
- Subway: 1-minute walk to 20 Av (D); 6 minutes to Bay Pkwy (D)
- Amendments: 1, the latest in December 2022
- Units
- 10 residential · 2 parking · 1 commercial
- Neighborhood
- Bath Beach, Brooklyn
- Subway
- 1 min walk to 20 Av DBay Pkwy D, 6 min
- Principals
- Man Fong Ng, Siu Yau Liu, Tai Wah Liu
- Average $/sf
- $906Homes in Schedule A, as first offered
- Common charges
- $200–$434 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 - June 30, 2022
- Offering price
- $14.8 million total
- Floor plans
- Page 60 of the plan
- SubmittedDecember 2022
- AcceptedMay 2021
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Apr 30, 2023.
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 16 Bay 25th Street's common charges compare with similar buildings? →
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 buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 3 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- Bay 25 Development LLC
- Principals
- Man Fong Ng, Siu Yau Liu, Tai Wah Liu
- Tax estimate
- Thomas E. BerinatoPrepared the first-year real estate tax projection
- General contractors
- Fung Tai Construction, Sunlight Construction AaHeld the general construction permit on DOB job 320908924
- Property report
- Harry Hong, EngineerPrepared the plan's description of the property and its condition · Named on p. 97
- Title agency
- Federal Standard AbstractThe sponsor's title company for buyers; you can choose another · Agent for Commonwealth Title Insurance Company · Named on p. 67
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- C4-2
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 8616 Tower Condominiumnext door · 45 units · 25 parking · 2018
- Tower 85 Condominium0.1 mi · 11 units · 9 parking · 2021
- 128 Bay Condominium0.2 mi · 12 units · 8 parking · 2023
- Happiness Condominium0.2 mi · 6 units · 5 parking · 2020
- Bay Vista Condominium0.3 mi · 38 units · 18 parking · 2016
- 1845 83rd Street Condo0.3 mi · 3 units · 2 parking · 2005
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 16 Bay 25th Street
The fastest way to know any condo or co-op
Get Connected →