218 Classon Avenue Condominium
218 Classon Avenue, Brooklyn, NY 11205
Overview
218 Classon Avenue is a 6-unit condo in Brooklyn.
- Offering plan: Accepted March 2023 · 265 pages · floor plans on page 95
- Finishes: Engineered wood floors, quartz kitchen countertops, Bosch appliances and Gerber bathroom fittings
- Prices: $1,635 a square foot on average, as first offered; $9.52 million in all
- Common charges: $239–$669 a month, the sponsor's first-year estimate
- Sponsor: 218 Classon Condominium LLC, represented by Eial Girtz, PC; principals Meir Daus, Elad Ben-Kimon and Meir Shaul
- Subway: 6-minute walk to Classon Av (G); 11 minutes to Bedford-Nostrand Avs (G)
- Amendments: 4, the latest in August 2024
- Units
- 6 residential
- Subway
- 6 min walk to Classon Av GBedford-Nostrand Avs G, 11 min
- Principals
- Meir Daus, Elad Ben-Kimon, Meir Shaul
- Average $/sf
- $1,635Homes in Schedule A, as first offered
- Common charges
- $239–$669 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 To June 30, 2024
- Offering price
- $9.52 million total
- Floor plans
- Page 95 of the plan
- SubmittedMay 2023
- AcceptedMarch 2023
- 4 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)
Ask Claude or ChatGPT: How do 218 Classon Avenue's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 5 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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Oct 30, 2023
Plan extended 6 months; two units renamed; first closings completed; sponsor covering operating costs pending common charge collection.
- Plan extended 6 months
- Unit 1 renamed to Garden; Unit 4B renamed to Penthouse
- Final Certificate of Occupancy obtained August 30, 2023
- First closing (Unit 3B) October 17, 2023; Units 3A and 4A also closed; Units 1, 2, 4B unsold
- Sponsor covering all operating costs; delaying common charge collection pending 30-day notice
- Working capital account balance $1,630.40; reserve account $0.00 (should be $2,800.00)
- Construction financing $3,546,000.00 from Genesis Capital; units 1, 2, 4B pledged as collateral
Amendment 2 Jul 19, 2023
Plan extended 6 months and declared effective after one unit sold; construction substantially completed with Temporary Certificate of Occupancy expected in 2 months.
- Plan extended 6 months
- Plan declared effective July 19, 2023 based on 1 unit sale (16% of 6 units)
- Units 3A and 3B in contract
- Construction substantially completed as of July 2023
- Temporary Certificate of Occupancy anticipated in 2 months; Final Certificate in 3 months
- Kitchen finishes specified: engineered white oak floors, quartz countertops, stainless steel sinks, Bosch appliances
- Hot water: 40-gallon AO Smith electric heaters per unit with 6-year warranty
- Balcony soffits to be black aluminum; ventilation and HVAC specifications detailed
Amendment 1 May 25, 2023
Common interest percentages of all six units adjusted; Schedule A revised with updated allocation percentages.
- Unit 1 common interest decreased from 29.1331% to 26.75%
- Unit 2 common interest decreased from 22.5160% to 19.50%
- Unit 3A common interest increased from 10.4283% to 11.75%
- Unit 3B common interest increased from 11.1896% to 12.00%
- Unit 4A common interest increased from 10.4283% to 11.75%
- Unit 4B common interest increased from 16.3047% to 18.25%
- No units in contract; no units leased
Team
- Sponsor
- 218 Classon Condominium LLC
- Principals
- Meir Daus, Elad Ben-Kimon, Meir Shaul
- Counsel
- Eial Girtz, PC
- Tax estimate
- RE Tax Service, LLCPrepared the first-year real estate tax projection
- Construction lender
- Genesis Capital$3.55 million loan stated in the plan
- Property report
- Demerara Engineering , PLLCPrepared the plan's description of the property and its condition · Named on p. 128
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 590 Myrtle Avenue Condominiumnext door · 14 units · 2023
- 906 Kent Avenue Condominiumnext door · 5 units · 2025
- 111 Steuben Street Condominium0.1 mi · 35 units · 34 parking · 2007
- 622 Myrtle Avenue Condominium0.1 mi · 6 units · 2024
- Clinton House Condominium0.1 mi · 22 units · 2017
- 159 Classon Avenue Condominium0.2 mi · 20 units · 19 parking · 2015
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 218 Classon Avenue
The fastest way to know any condo or co-op
Get Connected →