187 Bridge Street Condominium
187 Bridge Street, Brooklyn, NY 11201
Overview
187 Bridge Street is a 6-unit condo in Brooklyn, with 1 commercial unit.
- Offering plan: Accepted May 2018 · 335 pages · floor plans on page 31
- Finishes: Bosch appliances, a washer and dryer in each apartment, Kohler bathroom fittings and central forced air for heating and cooling
- Prices: $1,295 a square foot on average, as first offered; $8.22 million in all ($7.83 million when first offered)
- Common charges: $359–$499 a month, the sponsor's first-year estimate
- Sponsor: 187 Bridge LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Gavriel Alexander and Yoel Guttman
- Subway: 9-minute walk to Jay St-MetroTech (A, C, F, R); 9 minutes to High St (A, C)
- Amendments: 3, the latest in June 2019
- Units
- 6 residential · 1 commercial
- Subway
- 9 min walk to Jay St-MetroTech A C F RHigh St A C, 9 min
- Principals
- Gavriel Alexander, Yoel Guttman
- Average $/sf
- $1,295Homes in Schedule A, as first offered
- Common charges
- $359–$499 a monthSponsor's first-year estimate in Schedule A, October 1, 2018 - September 30, 2019
- Offering price
- $8.22 million total $7.83 million when first offered
- Floor plans
- Page 31 of the plan
- SubmittedJuly 2018
- AcceptedMay 2018
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 31, 2026.
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 187 Bridge Street's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
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 →The Building
Amendments
Amendment 3 Jun 12, 2019
Amendment adds building smoking policy, FinCEN reporting requirements for certain cash purchases, updates bylaws and agreements, and extends plan term by six months.
- Smoking prohibited except inside units or connected outdoor Limited Common Elements; violations subject to board-determined fines
- FinCEN Currency Transaction Report required for certain residential purchases by legal entities of $300,000+ without bank financing using cash or check between November 17, 2018 and May 15, 2019
- Purchase Agreement and Interim Lease amended to include smoking policy acknowledgment
- By-Laws Section 5.6 amended regarding nuisances and Property use
- First unit closing occurred December 21, 2018
- Final Certificate of Occupancy obtained June 20, 2018
- Working Capital/Reserve Account of approximately $5,000.00 maintained at Chase Bank
- Plan term extended six months from amendment date
Amendment 2 Aug 6, 2018
Plan declared effective with one unit sold, and term extended six months.
- Plan declared effective as of August 6, 2018
- One unit (16% of residential units) has executed Purchase Agreement
- Term extended six months from amendment date
Amendment 1 Jul 11, 2018
Offering prices for six units were amended.
- Unit A price: $995,000
- Unit B price: $1,295,000
- Unit C price: $1,315,000
- Unit D price: $1,335,000
- Unit E price: $1,355,000
- Unit F price: $1,395,000
Team
- Sponsor
- 187 Bridge LLC
- Principals
- Gavriel Alexander, Yoel Guttman
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Northeast Community Bank$3.57 million recorded
- Title agency
- Ridge Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 70
- Buyer's lender
- Citizens BankThe sponsor's preferred mortgage lender; you can use another · Named on p. 52
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- C6-2
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Concord-Duffield Condominiumnext door · 21 units · 2018
- 9 Chapel Condominium0.1 mi · 27 units · 2023
- 306 Gold Street Condominium0.2 mi · 303 units · 2006
- City View Condominium0.2 mi · 16 units · 7 parking · 2010
- 313 Gold Street Condominium0.2 mi · 214 units · 2007
- Seasons At East Meadow Condominium I0.3 mi · 212 units · 2008
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