229 9th Street Condominium (Luna Gowanus)
229 9th Street, Brooklyn, NY 11215
Overview
Luna Gowanus is a 39-unit condo in Brooklyn, with 12 parking units and 14 storage units.
- Offering plan: Accepted February 2019 · 340 pages · floor plans on page 41
- Finishes: Engineered wood floors, quartz kitchen countertops, lacquer cabinets, a washer and dryer in each apartment, California Faucets bathroom fittings and split-system units for heating and cooling
- Common charges: $244–$1,248 a month, the sponsor's first-year estimate
- Developer: Happy Living Development; principals Levi Balkany
- Sponsor: 9th St Dev LLC, represented by Marans, Weisz & Newman, LLC
- Neighborhood: Gowanus, Brooklyn
- Subway: 1-minute walk to 4 Av-9 St (F, G, R); 9 minutes to Prospect Av (R)
- Amendments: 5, the latest in July 2021
- Units
- 39 residential · 12 parking · 14 storage
- Neighborhood
- Gowanus, Brooklyn
- Subway
- 1 min walk to 4 Av-9 St F G RProspect Av R, 9 min
- Developer
- Happy Living Development
- Principals
- Levi Balkany
- Common charges
- $244–$1,248 a monthSponsor's first-year estimate in Schedule A, September 1, 2019- August 31, 2020
- Floor plans
- Page 41 of the plan
- SubmittedJuly 2019
- AcceptedFebruary 2019
- 5 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 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 Luna Gowanus's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 2 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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 4 Aug 14, 2020
Amendment updates managing agent, adjusts budget allocation between unit types, corrects floor plans, removes certain appliances from units, and adjusts prices on seven unsold units.
- New managing agent: Monarch Realty Holdings, LLC at $29,220.00 annual fee
- Common Charges for Residential Units increased approximately 3% due to budget reallocation
- Floor plans corrected to show Parking Units without common element hatch pattern
- Unit PH7A, PH7B, PH9A will not include wine cooler refrigerators; no microwaves in unsold units
- First Unit Closing occurred May 7, 2020; Temporary Certificate of Occupancy issued June 30, 2020
- Prices updated for Units 203, 206, 305, 404, 407, PH7A, PH9A
- Offering plan term extended six months from amendment filing date
- 14 units remain unsold as of amendment submission
- Schedule A prices decreased for 5 homes (median -7.4%): 203 $1,150,000 → $1,095,000; 206 $800,000 → $775,000; 305 $745,000 → $690,000; 404 $760,000 → $699,000; ...
Amendment 3 Oct 29, 2019
Amendment declares the offering plan effective as of October 14, 2019, based on six units (15% of total) sold to bona fide purchasers.
- Plan declared effective as of October 14, 2019
- Six (6) units sold, constituting 15% of units in the building
- All six purchasers are bona fide purchasers with no rescission rights
Amendment 2 Oct 8, 2019
Price of the Garden unit changed to $1,750,000.00.
Amendment 1 Jul 22, 2019
Amendment updates unit designations, floor plans, budgets, common charges, closing fees, and financing requirements.
- Unit designations changed: 101 to Garden, 701 to PH7A, 702 to PH7B, 801 to PH8A, 802 to PH8B, 901 to PH9A
- Floor plans modified; unit square footages adjusted, ranging from -7 to +13 sq ft
- Service contract costs increased to $135,193.00 annually for 63 hours concierge staff per week and part-time superintendent
- Reserve Fund increased to $36,000 annually
- Storage space license income increased to $2,604.00 annually
- Common Interest Percentages recalculated per Real Property Law Section 339-i(1)(iv)
- New closing costs: $4,500.00 Condo Formation Fee per unit, $500.00 legal fee per parking space, $500.00 legal fee per storage bin license
- Non-cash purchasers must obtain financing preapproval from Wells Fargo Home Mortgage (Abe Chen or Shimon M. Rosenberg) before submitting offer
Team
- Sponsor
- 9th St Dev LLC
- Developer
- Happy Living DevelopmentReported by cityrealty.com
- Principals
- Levi Balkany
- Counsel
- Marans, Weisz & Newman, LLC
- Tax estimate
- Tuchman, Korngold, Weiss, Liebman & Lindemann, LLPPrepared the first-year real estate tax projection
- Construction lender
- Aristone Capital$26.4 million recorded
- General contractor
- Happy Living DevelopmentHeld the general construction permit on DOB job 321512136
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R6A, C4-4DThe lot is split between two districts, the largest share first
- Special district
- Special Gowanus Mixed-Use District (G)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 266 10th Street Condominiumnext door · 3 units · 2025
- 266 7th Street Condominiumnext door · 3 units · 2021
- 285 7th Street Condominium0.1 mi · 3 units · 2021
- 292 7th Street Condominium0.1 mi · 4 units · 2010
- Carriage On Sixth Condominium0.1 mi · 2 units · 2025
- 488 4th Avenue Condominium A/K/A The Bentyn Condominium0.1 mi · 10 units · 2018
Free in ChatGPT or Claude
Ask Claude or ChatGPT about Luna Gowanus
The fastest way to know any condo or co-op
Get Connected →