THE CONDO BOOK PROJECT

290 13th Street Condominium

290 13th Street, Brooklyn, NY 11215

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Overview

290 13th Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted October 2009 · 256 pages · floor plans on page 22
  • Finishes: 8-foot ceilings, hardwood floors, laminate kitchen countertops, GE and Magic Chef appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $808 a square foot on average, as first offered; $4.4 million in all
  • Common charges: $260–$456 a month, the sponsor's first-year estimate
  • Sponsor: 290 13th Street LLC, represented by Harold L. Gruber, P.C.; principals Michael Kremerman
  • Subway: 7-minute walk to 4 Av-9 St (F, G, R); 8 minutes to Prospect Av (R)
  • Amendments: 2, the latest in May 2013
  1. SubmittedMarch 2011
  2. AcceptedOctober 2009
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Oct 31, 2023.

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 290 13th Street'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 2 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 May 16, 2013

Amendment updates first year of operation to January 1 through December 31, 2014, raises prices for two units, changes sponsor to Eugene Khavinson, revises escrow procedures, and extends offering plan for six months.

  • First year of condominium operation now January 1, 2014 through December 31, 2014
  • Unit 2 price raised from $950,000.00 to $999,000.00
  • Unit 3 price raised from $950,000.00 to $999,000.00
  • Eugene Khavinson acquired property and became Sponsor on July 1, 2013
  • Real Estate Tax Benefits now obtained and implemented
  • Escrow agent Harold L. Gruber P.C. holds deposits at Key Bank, Red Hook, NY in IOLA account
  • Sponsor Harold L. Gruber under investigation by NY Attorney General for possible Martin Act violation
  • Offering Plan extended for additional six months
  • Schedule A prices increased for 2 homes (median +5.2%): 2 $950,000 → $999,000; 3 $950,000 → $999,000

Amendment 1 Mar 16, 2011

First amendment establishes Schedule B budget for the first year of condominium operation beginning June 1, 2011.

  • Schedule B adopted for first year of operation June 1, 2011 through May 31, 2012
  • Common charges projected at $15,492.00 for the year
  • No superintendent or labor personnel; unit owners perform minor common element maintenance
  • Each unit individually heated; utilities estimated at $2,480.00 annually
  • Water and sewer charges estimated at $3,900.00 annually
  • Building insured for $1,000,000.00 replacement cost with $4,862.00 premium
  • Condominium to be self-managed by unit owners; management fees budgeted at $0
  • Capital Reserve Fund set at $2,000.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
290 13th Street LLC
Principals
Michael Kremerman
Tax estimate
& Proper Inc.Prepared the first-year real estate tax projection
General contractor
Omni BuildHeld the general construction permit on DOB job 310122989

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

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The Condo Book Project Are 290 13th Street's common charges high for the area? No, they're on the low side. 290 13th Street budgets $0.22 per square foot a month, against a $0.26 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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