THE CONDO BOOK PROJECT

186 Huron Street Condominium

186 Huron Street, Brooklyn, NY 11222

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Overview

186 Huron Street is a 10-unit condo in Brooklyn, with 9 storage units.

  • Offering plan: Accepted December 2021 · 342 pages · floor plans on page 7
  • Finishes: Engineered wood floors, quartz kitchen countertops, Bosch appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $1,674 a square foot on average, as first offered; $15.7 million in all
  • Common charges: $470–$1,048 a month, the sponsor's first-year estimate
  • Developer: Greenline Developers Group; principals Adam Greenberg, Gilad Tamir and Rafael Nechushtan
  • Sponsor: 186 Huron Street Owner LLC, represented by Marans Newman Tsolis & Nazinitsky LLC
  • Neighborhood: Greenpoint, Brooklyn
  • Subway: 2-minute walk to Greenpoint Av (G); 12 minutes to Nassau Av (G)
  • Amendments: 3, the latest in February 2023
  1. SubmittedJanuary 2022
  2. AcceptedDecember 2021
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

10 of 10homes sold (100%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Dec 31, 2024.

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 186 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 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 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 3 Feb 28, 2023

Amendment adds a new storage unit, adjusts two existing storage units, updates unit designations for marketing, clarifies roof terrace amenities, and sets new prices for multiple units.

  • Storage Unit 10 added on first floor, ADA-compliant, priced at $30,000.00
  • Storage Units 8 and 9 each decreased by 2 SF
  • Unit THB now also marketed as Unit 1B
  • Private roof terraces to include water supply, drain for sink, and electric power hookup for grill
  • Unit THB price set to $1,899,000.00
  • Units 2B and 2C prices set to $1,610,000.00 and $999,000 respectively
  • Units PHA and PHB prices set to $2,000,000.00 and $1,810,000.00 respectively
  • Plan term extended by six (6) months
  • Schedule A prices increased for 8 homes (median +9.2%): 2A $1,495,000 → $1,550,000; 2B $1,475,000 → $1,610,000; 2C $895,000 → $999,000; 3A $1,525,000 → $1,560,000; ...
  • Schedule A prices decreased for 1 home (median -4.8%): THB $1,995,000 → $1,899,000

Amendment 2 Feb 9, 2022

Plan declared effective after sponsor obtained purchase agreements for 2 units; selling agent changed to Brown Harris Stevens Development Marketing LLC; plan term extended 6 months.

  • Plan declared effective; sponsor obtained purchase agreements for 2 units (approximately 20% of units)
  • Selling agent changed to Brown Harris Stevens Development Marketing LLC
  • Plan term extended by 6 months from date of amendment

Amendment 1 Jan 12, 2022

Prices for nine units have been updated.

  • Unit THB price set to $1,999,000.00
  • Unit 2A price set to $1,550,000.00
  • Unit 2B price set to $1,540,000.00
  • Unit 2C price set to $925,000.00
  • Unit 3A price set to $1,560,000.00
  • Unit 3B price set to $1,590,000.00
  • Unit 3C price set to $950,000.00
  • Unit PHA price set to $1,960,000.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
186 Huron Street Owner LLC
Developer
Greenline Developers GroupReported by web.archive.org
Principals
Adam Greenberg, Gilad Tamir, Rafael Nechushtan
Tax estimate
MGNY ConsultingPrepared the first-year real estate tax projection
Construction lender
S3 Capital$6.5 million recorded
General contractor
Galcon EnterprisesHeld the general construction permit on DOB job 321589483

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 186 Huron Street's common charges high for the area? Yes, they're on the high side. 186 Huron Street budgets $0.84 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?