199 Conover Street Condominium (The Conover)
199 Conover Street, Brooklyn, NY 11231
Overview
The Conover is a 22-unit condo in Brooklyn, with 15 parking units.
- Offering plan: Accepted January 2022 · 358 pages · floor plans on pages 268–276
- Finishes: Wood floors, stone kitchen countertops, Fisher & Paykel appliances, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
- Prices: $1,298 a square foot on average, as first offered; $37.9 million in all
- Common charges: $279–$1,017 a month, the sponsor's first-year estimate
- Developer: RedHoek+Partners; principals Lee Cohen
- Sponsor: Ddg Conover Owner, LLC, represented by Marans Newman Tsolis & Nazinitsky LLC
- Subway: 23-minute walk to Smith-9 Sts (F, G); 28 minutes to Carroll St (F, G)
- Amendments: 2, the latest in August 2023
- Units
- 22 residential · 15 parking
- Subway
- 23 min walk to Smith-9 Sts F GCarroll St F G, 28 min
- Developer
- RedHoek+Partners
- Principals
- Lee Cohen
- Average $/sf
- $1,298Homes in Schedule A, as first offered
- Common charges
- $279–$1,017 a monthSponsor's first-year estimate in Schedule A, July 1, 2022- June 30, 2023
- Offering price
- $37.9 million total
- Floor plans
- Pages 268–276 of the plan
- SubmittedMarch 2022
- AcceptedJanuary 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2026.
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 for 19 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 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Aug 9, 2023
This amendment changes the condominium name and address to 189 Conover Street, updates building systems and unit details, discloses post-closing information, changes the managing and selling agents, adjusts a unit price, and extends the plan term.
- Condominium name changed from '199 Conover Street Condominium' to '189 Conover Street Condominium'; address now 189 Conover Street, Brooklyn, New York 11231
- 15 exterior parking spaces now each have ROSA electric charging stations with separate metering
- Unit designations corrected: Garden B and PH-3B properly identified (were incorrectly labeled as Unit 1B and Unit PHC); first-floor rear yard exclusive use corrected to Units THD and Garden B (was Units 1H and 1-2G)
- Living room, bedroom, and hallway ceilings now have exposed concrete; wood floors manufactured by Madera Floors
- First Unit Closing occurred June 20, 2023; Temporary Certificate of Occupancy issued June 12, 2023 (latest renewal expires December 23, 2024); $60,000.00 posted to secure permanent Certificate of Occupancy
- Managing Agent changed to Gershfeld Group (101 Avenue of the Americas, 9th Floor #4088, New York, NY 10013)
- Selling Agent changed to Compass (90 Fifth Avenue, 3rd Floor, New York, NY 10011)
- Unit THA price set at $1,650,000.00; Plan extended by six (6) months from amendment date
Amendment 1 Mar 24, 2022
Amendment declares the offering plan effective, updates building specifications and unit square footages, sets prices for two townhouses and fifteen parking spaces, and extends the offering term by six months.
- Plan declared effective with 4 units (18%) under purchase agreements
- Construction expected substantially complete by June 2023
- Unit square footages revised; Common Interest Percentages updated
- THA priced at $1,625,000; THB at $1,400,000; parking spaces P1-P15 at $100,000 each
- Roof level electrical room removed
- Erroneous storage unit schedule A-1 clarified as not for sale
- Building specifications updated: fencing, windows, elevators, laundry equipment, lot line windows in Units 3B and PH3C
- Offering term extended 6 months from amendment acceptance date
- Schedule A prices increased for 2 homes (median +4.8%): TH A $1,550,000 → $1,625,000; TH B $1,375,000 → $1,400,000
Team
- Sponsor
- Ddg Conover Owner, LLC
- Developer
- RedHoek+PartnersReported by 6sqft.com
- Principals
- Lee Cohen
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Customers Bank
- General contractors
- Quad Construction NY, Xolle DemoHeld the general construction permit on DOB job 321590177
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R5
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 371 Van Brunt Condominiumnext door · 2 units · 2020
- Van Brunt Condominium0.1 mi · 10 units · 2019
- Point Condominiums0.2 mi · 3 units · 2006
- 108 King St Condominium0.2 mi · 2 units · 2022
- 96 King Street Condominium0.2 mi · 3 units · 3 parking · 2022
- New York Dock Building0.4 mi · 70 units · 2014
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