227 Maujer Street Condo
227 Maujer Street, Brooklyn, NY 11211
Overview
227 Maujer Street Condo is an 8-unit condo in Brooklyn.
- Offering plan: Accepted August 2005 · 268 pages · floor plans on page 20
- Finishes: Hardwood floors, GE appliances, washer/dryer hook-ups, American Standard bathroom fittings and split-system units for heating and cooling
- Prices: $419 a square foot on average, as first offered; $3.16 million in all
- Common charges: $179–$333 a month, the sponsor's first-year estimate
- Sponsor: Grand Maujer Condominium, LLC, represented by N. C. Caller, P.C.; principals David Sofer
- Subway: 2-minute walk to Grand St (L); 6 minutes to Montrose Av (L)
- Amendments: 5, the latest in December 2007
- Units
- 8 residential
- Subway
- 2 min walk to Grand St LMontrose Av L, 6 min
- Principals
- David Sofer
- Average $/sf
- $419Homes in Schedule A, as first offered
- Common charges
- $179–$333 a monthSponsor's first-year estimate in Schedule A, April 1, 2006
- Offering price
- $3.16 million total
- Floor plans
- Page 20 of the plan
- SubmittedApril 2007
- AcceptedAugust 2005
- 5 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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 5 Dec 8, 2007
Fifth Amendment discloses post-closing information including first unit closing, Certificate of Occupancy, recorded Declaration, working capital fund deposit, sponsor-held unsold units, board members, and financial details.
- First unit closed September 26, 2007
- Permanent Certificate of Occupancy issued May 22, 2007
- Declaration of Condominium recorded August 21, 2007
- Working capital fund of $4,059.13 deposited at Northfork Bank
- Sponsor retains 5 units; highest price per unit is $499,000.00
- Sponsor controls board for 2 years after first closing or until unsold units less than 50%
- Sponsor's attorney address changed to N.C. Caller P.C., 4309 13th Avenue, Brooklyn, NY 11219
- Failed closing fee of $250.00 to Sponsor's attorney if Purchaser fails to close
Amendment 4 Sep 18, 2007
The plan is declared effective as of August 23, 2007, with 2 units (25% of units being sold) under executed Purchase Agreements.
- Plan declared effective August 23, 2007
- 2 units with executed Purchase Agreements received (25% of units being sold)
Amendment 3 Jul 6, 2007
Offering prices for two units updated.
- Unit 4A price set to $475,000.00
- Unit 4B price set to $475,000.00
Amendment 2 Jun 18, 2007
Offering prices for 7 units are amended.
- Unit 1A price changed to $499,000.00
- Unit 2A price changed to $395,000.00
- Unit 2B price changed to $365,000.00
- Unit 3A price changed to $450,000.00
- Unit 3B price changed to $429,000.00
- Unit 4A price changed to $450,000.00
- Unit 4B price changed to $439,000.00
Amendment 1 Apr 13, 2007
First amendment updates floor plans, tax exemption details, unit areas and common interests, escrow account procedures, and closing costs.
- Floor plans revised to reflect minor layout changes as built
- Real estate tax exemption under Section 421-a explained: 25-year exemption on assessed value increases, decreasing 20% per year starting year 21
- Schedule A updated with revised unit areas and common interests; budgeted year changed to July 1, 2007
- Escrow interest rate at JP Morgan Chase Bank set at 0.5% per annum
- Additional escrow account added at Liberty Pointe Bank (120 Broadway, New York) at 0.5% per annum; deposits can be placed in either account
- Closing costs updated: deed recording $32.00 per instrument plus $5.00 per page (approximately $185.00 total); mortgage recording approximately $200.00; attorney fee $1,250.00 to N.C. Caller, P.C.; $250.00 per hour to Sponsor's counsel if closing exceeds 2 hours
- Mortgage recording tax 1.8% for mortgages under $500,000.00; Real Property Transfer Tax 1.425% for units over $500,000.00 and 1% for units under $500,000.00
Team
- Sponsor
- Grand Maujer Condominium, LLC
- Principals
- David Sofer
- Counsel
- N. C. Caller, P.C.
- Tax estimate
- Moseson & AssociatesPrepared the first-year real estate tax projection
- Construction lender
- Chinatrust BankLender on the mortgage and building loan agreement recorded November 2005 in ACRIS
- General contractors
- Sun Shine Renov&Sons, Sun Shine Renov&Const, Sun Shine Const GroupHeld the general construction permit on DOB job 301832159
- Title agency
- Reliable Abstract Co. LLCThe sponsor's title company for buyers; you can choose another · Agent for Old Republic National Title Insurance Company · Named on p. 49
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 Powers Condominium0.1 mi · 8 units · 2020
- 738 Grand Street Condominium0.1 mi · 10 units · 2019
- 320 Humboldt Street Condominium0.1 mi · 5 units · 2017
- 290 Powers Street Condominium0.2 mi · 4 units · 2017
- 711 Grand Street Condominium0.2 mi · 23 units · 2026
- Devoe Tower Condominium0.2 mi · 4 units · 2022
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