THE CONDO BOOK PROJECT

184 St. Nicholas Avenue Condominium

184 St. Nicholas Avenue, Brooklyn, NY 11237

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Overview

184 St. Nicholas Avenue is a 3-unit condo in Brooklyn.

  • Offering plan: Accepted June 2021 · 323 pages · floor plans on page 31
  • Finishes: Hardwood floors, granite kitchen countertops, shaker cabinets, Whirlpool and GE appliances, a washer and dryer in each apartment and split-system units for heating and cooling
  • Prices: $1,004 a square foot on average, as first offered; $3.13 million in all ($2.9 million when first offered)
  • Common charges: $508–$719 a month, the sponsor's first-year estimate
  • Developer: Home Buyers Inc.
  • Sponsor: Two President LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 3-minute walk to DeKalb Av (L); 9 minutes to Jefferson St (L)
  • Amendments: 1, the latest in February 2022
  1. SubmittedFebruary 2022
  2. AcceptedJune 2021
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Oct 31, 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 St. Nicholas Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 3 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 1 Feb 4, 2022

Plan declared effective as of September 30, 2021 with two units sold; adds post-closing disclosures, board members, sponsor financial information, and tax law change.

  • Plan declared effective September 30, 2021; two units sold representing 66.666% of units
  • First unit closed November 17, 2021
  • Declaration of Condominium recorded October 29, 2021 under CRFN#: 2021000430382
  • Working capital fund of approximately $2,324.21 deposited; reserve fund subaccount approximately $258.25
  • Sponsor retains one unsold unit (Unit 2); monthly real estate taxes approximately $122.89; monthly common charges $507.85
  • Board of Managers: Farhad Bokhour, David Ettedgui, Zohar Zauber
  • NYS transfer tax now calculated on NYC transfer taxes only, not both NYC and NYS transfer taxes
What the amendment changed, line by lineSee it free →

Team

Sponsor
Two President LLC
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 184 St. Nicholas Avenue's common charges high for the area? Yes, they're on the high side. 184 St. Nicholas Avenue budgets $0.58 per square foot a month, against a $0.47 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?