THE CONDO BOOK PROJECT

184 Huron Street Condominium

184 Huron Street, Brooklyn, NY 11222

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Overview

184 Huron Street is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted March 2021 · 336 pages · floor plans on page 33
  • Finishes: 9'6" ceilings, engineered wood floors, quartz kitchen countertops, wood cabinets, Fisher & Paykel and Bosch appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $1,029 a square foot on average, as first offered; $5.88 million in all ($4.15 million when first offered)
  • Developers: Emma Group and Emma Group Management Inc.; principals Moran Machtey and Shalev Yishai Barkai
  • Sponsor: 184 Huron St Myb LLC, represented by The Law Office Of Jay Lichtman, P.C.
  • Neighborhood: Greenpoint, Brooklyn
  • Subway: 2-minute walk to Greenpoint Av (G); 12 minutes to Nassau Av (G)
  • Amendments: 2, the latest in July 2021
  1. SubmittedJune 2021
  2. AcceptedMarch 2021
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 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 184 Huron 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 6 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 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Oct 5, 2021

Amendment reallocates cellar storage, corrects unit floor plan identification, documents final occupancy certificate, and updates tax estimates.

  • Storage room at cellar reallocated from Unit 2A to Unit 4 (43 sf)
  • 4th floor unit corrected from Unit 6 to Unit 4 on floor plan
  • Final Certificate of Occupancy issued July 20, 2021 (CO# 3397843-0000001)
  • 2021/22 Tentative Assessed Value set at $298,800 with projected tax liability of $36,654 for entire building
  • Revised Schedule A reflects updated offering prices, unit areas, and tax estimates
  • Plan term extended for six (6) months from amendment date
  • Schedule A prices increased for 4 homes (median +55.0%): 2B $500,000 → $799,000; 3A $500,000 → $775,000; 3B $535,000 → $825,000; 4 $850,000 → $1,265,000

Amendment 1 Jun 3, 2021

Amendment updates FinCEN reporting requirements for certain purchases, amends offering prices for five units, declares the plan effective, and extends the plan term by six months.

  • Offering prices updated: Unit 1 $1,749,000, Unit 2B $799,000, Unit 3A $775,000, Unit 3B $825,000, Unit 4 $1,265,000
  • Plan declared effective as of June 3, 2021 with one unit (3A) under purchase agreement representing 16% of residential units
  • FinCEN Geographic Targeting Order reporting requirements added for certain entity purchases of $300,000 or more without bank financing from May 5, 2021 through October 31, 2021
  • Plan term extended six months from amendment date
  • First unit closing cannot occur until amendment is accepted for filing by Department of Law
What each amendment changed, line by lineSee it free →

Team

Sponsor
184 Huron St Myb LLC
Developers
Emma Group, Emma Group Management Inc.
Principals
Moran Machtey, Shalev Yishai Barkai
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Bayport Funding
General contractor
RM Construction and DevHeld the general construction permit on DOB job 321525079
Buyer's lender
loanDepotThe sponsor's preferred mortgage lender; you can use another · Named on p. 196

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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The Condo Book Project Are 184 Huron Street's common charges high for the area? No, they're on the low side. 184 Huron Street budgets $0.37 per square foot a month, against a $0.55 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?