THE CONDO BOOK PROJECT

James - Boutique Condominium Building

258 St. James Place, Brooklyn, NY 11238

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Overview

James - Boutique Condominium Building is an 8-unit condo in Brooklyn.

  • Offering plan: Accepted July 2024 · 297 pages · floor plans on page 31
  • Finishes: Hardwood floors, laminate kitchen countertops, wood laminate cabinets, Liebherr, Miele and BOSCH appliances, washer/dryer hook-ups and Kohler bathroom fittings
  • Prices: $1,612 a square foot on average, as first offered; $12.7 million in all
  • Common charges: $268–$638 a month, the sponsor's first-year estimate
  • Sponsor: 258 St James Pl LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Einav Gelberg
  • Subway: 2-minute walk to Clinton-Washington Avs (C); 9 minutes to Clinton-Washington Avs (G)
  • Amendments: 2, the latest in August 2024
  1. SubmittedAugust 2024
  2. AcceptedJuly 2024
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

8 of 8homes sold (100%)
Every sale: 8 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 2025.

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 James - Boutique Condominium Building's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 7 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 →

Amendments

Amendment 1 Aug 12, 2024

Plan declared effective with 25% of units under contract and offering plan term extended by six months.

  • Plan declared effective as of August 6, 2024
  • Units 401 and 501 counted toward 25% threshold for effectiveness
  • Offering plan term extended for six (6) months
What the amendment changed, line by lineSee it free →

Team

Sponsor
258 St James Pl LLC
Principals
Einav Gelberg
Tax estimate
Re Tax ServicePrepared the first-year real estate tax projection
Construction lender
Conventus$4.32 million recorded
General contractor
Ugb ConstructionHeld the general construction permit on DOB job 320911037
Interior designer
HSB Architecture and DesignReported by nyrej.com

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R7A
Commercial overlay
C2-4

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are James - Boutique Condominium Building's common charges high for the area? No, they're on the low side. James - Boutique Condominium Building budgets $0.49 per square foot a month, against a $0.59 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 8 units, every budget line, every saleSee it free