Ainslie Street Condominiums
194 Ainslie Street, Brooklyn, NY 11211
Overview
Ainslie Street is a 7-unit condo in Brooklyn.
- Offering plan: Accepted May 2020 · 316 pages · floor plans on page 33
- Finishes: Wood floors, laminate kitchen countertops, wooden cabinets, KitchenAid and Thermador appliances and washer/dryer hook-ups
- Prices: $1,480 a square foot on average, as first offered; $6.66 million in all
- Common charges: $290–$860 a month, the sponsor's first-year estimate
- Sponsor: Ainslie Villa LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Rafi Manor
- Neighborhood: Williamsburg, Brooklyn
- Subway: 5-minute walk to Metropolitan Av/Lorimer St (G, L); 5 minutes to Graham Av (L)
- Amendments: 2, the latest in September 2020
- Units
- 7 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 5 min walk to Metropolitan Av/Lorimer St G LGraham Av L, 5 min
- Principals
- Rafi Manor
- Average $/sf
- $1,480Homes in Schedule A, as first offered
- Common charges
- $290–$860 a monthSponsor's first-year estimate in Schedule A, July 1, 2020 - June 30, 2021
- Offering price
- $6.66 million total
- Floor plans
- Page 33 of the plan
- SubmittedJune 2020
- AcceptedMay 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2021.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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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 2 Sep 3, 2020
Plan declared effective after two units were purchased representing 28.57% of units being sold.
- Plan declared effective as of September 3, 2020
- Two units (4A and 4B) purchased by bona fide purchasers, representing 28.57% of units
- Unit 4A purchased by Eyalat Assyag for $620,000.00 on August 17, 2020
- Unit 4B purchased by Nir Muvdi for $620,000.00 on August 17, 2020
- Closing to be scheduled not less than 30 days after acceptance of this amendment
Amendment 1 Jun 2, 2020
Square footage and common interest percentages updated due to amended approved as-built plans; winder stairs in Unit 1 noted as not code compliant.
- Square footage of multiple units adjusted (Unit 1 Cellar 392→459, Unit 1 1st Floor 1034→995, Units 2-7 various changes)
- Common interest percentages recalculated for all units (Unit 1 31.46%→32.00%, Unit 2 11.70%→11.59%, others updated)
- Unit 1 winder stairs do not meet 2014 building code section 1009.4.2; Department of Buildings may require reconstruction at unit owner's expense
- None of the units are currently in contract
Team
- Sponsor
- Ainslie Villa LLC
- Principals
- Rafi Manor
- Tax estimate
- Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
- Construction lender
- 172 India 194 Ainslie CapitalLender on the mortgage and building loan agreement recorded August 2019 in ACRIS
- General contractor
- M RemodelingHeld the general construction permit on DOB job 321192393
- Property report
- Grigori ZinkevitchPrepared the plan's description of the property and its condition · Named on p. 122
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
- 185 Ainslie Street Condominiumnext door · 4 units · 2025
- 117 Powers Street Condominiumnext door · 7 units · 2026
- 273-275 Manhattan Avenue Condominiumnext door · 14 units · 2007
- 109 Devoe Street Condominiumnext door · 9 units · 2025
- Samuel Condominiumnext door · 6 units · 2026
- 81 Powers Street Condominiumnext door · 7 units · 2021
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