197 Quincy Street Condominium
197 Quincy Street, Brooklyn, NY 11216
Overview
197 Quincy Street is a 10-unit condo in Brooklyn.
- Offering plan: Accepted January 2021 · 277 pages · floor plans on page 22
- Finishes: 8'9" ceilings, engineered wood floors, quartz kitchen countertops, Nobilia cabinets, Fisher & Paykel, GE and Blomberg appliances, washer/dryer hook-ups and split-system units for heating and cooling
- Prices: $1,426 a square foot on average, as first offered; $10 million in all ($9.43 million when first offered)
- Common charges: $149–$420 a month, the sponsor's first-year estimate
- Developer: Infinity Properties LLC
- Sponsor: 197 Quincy LLC, represented by Eial Girtz, PC
- Subway: 6-minute walk to Bedford-Nostrand Avs (G); 10 minutes to Nostrand Av (A, C)
- Amendments: 3, the latest in March 2022
- Units
- 10 residential
- Subway
- 6 min walk to Bedford-Nostrand Avs GNostrand Av A C, 10 min
- Developer
- Infinity Properties LLC
- Average $/sf
- $1,426Homes in Schedule A, as first offered
- Common charges
- $149–$420 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 To December 31, 2022
- Offering price
- $10 million total $9.43 million when first offered
- Floor plans
- Page 22 of the plan
- SubmittedJuly 2021
- AcceptedJanuary 2021
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Aug 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 197 Quincy 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 plan lists what a buyer pays at closing.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Sep 15, 2021
Plan declared effective based on purchase agreements for 2 units (20% of 10 units offered).
- Plan declared effective on September 15, 2021
- 2 residential units under purchase agreement (20% of 10 units)
- Threshold met: 2 units exceed 15% minimum requirement
Amendment 1 Jul 12, 2021
Unit square footages and storage allocations adjusted to reflect as-built conditions; offering prices increased for 8 units; appliance list corrected; storage space licensing and NY tax law changes noted.
- Unit 2A price increased from $700,000.00 to $750,000.00
- Unit 2B price increased from $700,000.00 to $750,000.00
- Unit 2C price increased from $1,100,000.00 to $1,200,000.00
- Unit 3A price increased from $700,000.00 to $750,000.00
- Unit 3B price increased from $1,100,000.00 to $1,200,000.00
- Unit 4A price increased from $700,000.00 to $750,000.00
- Unit 4B price increased from $700,000.00 to $750,000.00
- Unit 4C price increased from $1,150,000.00 to $1,350,000.00
- Schedule A prices increased for 8 homes (median +7.1%): 2A $700,000 → $750,000; 2B $700,000 → $750,000; 2C $1,100,000 → $1,200,000; 3A $700,000 → $750,000; ...
Team
- Sponsor
- 197 Quincy LLC
- Developer
- Infinity Properties LLC
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Bullpath Capital$2.84 million loan stated in the plan
- General contractor
- HD Builders NYHeld the general construction permit on DOB job 321596518
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
- 206 Lexington Avenue Condominiumnext door · 4 units · 2018
- 228 Quincy Street Condominiumnext door · 6 units · 2020
- 368 Gates Avenue Condominiumnext door · 4 units · 2016
- 406 Greene Avenue Condominiumnext door · 3 units · 2024
- 399 Gates Avenue Condominium0.1 mi · 16 units · 8 parking · 2017
- 151 Quincy Street Condominium0.1 mi · 10 units · 2021
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