262 Bond Street Condominium (Cobble Hill Lofts)
262 Bond Street, Brooklyn, NY 11217
Overview
Cobble Hill Lofts is a 2-unit condo in Brooklyn.
- Offering plan: Accepted July 2006 · 167 pages · floor plans on page 115
- Finishes: Concrete floors, stainless steel kitchen countertops and washer/dryer hook-ups
- Prices: $726 a square foot on average, as first offered; $2.65 million in all
- Common charges: $227 a month, the sponsor's first-year estimate
- Sponsor: Andrew Giancola & Michael Giancola, represented by Harold Gruber, P.C.; principals Andrew Giancola and Michael Giancola
- Subway: 8-minute walk to Bergen St (F, G); 9 minutes to Carroll St (F, G)
- Amendments: 1, the latest in February 2007
- Units
- 2 residential
- Subway
- 8 min walk to Bergen St F GCarroll St F G, 9 min
- Principals
- Andrew Giancola, Michael Giancola
- Average $/sf
- $726Homes in Schedule A, as first offered
- Common charges
- $227 a monthSponsor's first-year estimate in Schedule A, September 1, 2006 - August 31, 2007
- Offering price
- $2.65 million total
- Floor plans
- Page 115 of the plan
- SubmittedFebruary 2007
- AcceptedJuly 2006
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Feb 28, 2022.
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 Cobble Hill Lofts's common charges compare with similar buildings? →
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 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Feb 16, 2007
Real estate tax projections revised downward based on corrected assessment parameters and year basis; first year of condominium operation changed to April 1, 2007 through March 31, 2008.
- Post-completion assessed value corrected from tax class 2 to proper parameters, lowering projected real estate taxes
- Projected taxes with benefits recalculated using correct year, resulting in lower projections
- First year of condominium operation: April 1, 2007 through March 31, 2008
- Schedule A with revised footnotes and Real Estate Tax Benefits section attached as Exhibit I
Team
- Sponsor
- Andrew Giancola & Michael Giancola
- Principals
- Andrew Giancola, Michael Giancola
- Counsel
- Harold Gruber, P.C.
- Tax estimate
- Ben Rottenstein Associates Inc.Prepared the first-year real estate tax projection
- Property report
- Coggan + Crawford Inc.Prepared the plan's description of the property and its condition · Named on p. 117
- Title agency
- Ridge Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 85
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
- Degraw Gardens Condominiumnext door · 13 units · 2021
- 477 Sackett Street Condominiumnext door · 2 units · 2026
- 415 Degraw Street Condominiumnext door · 6 units · 1 parking · 2023
- 118 Douglass Street Condominium0.1 mi · 2 units · 2021
- 434 Union Street Condominium0.1 mi · 3 units · 2020
- 450 Warren Condominium0.2 mi · 18 units · 9 parking · 2021
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