292 7th Street Condominium
292 7th Street, Brooklyn, NY 11215
Overview
292 7th Street is a 4-unit condo in Brooklyn.
- Offering plan: Accepted April 2010 · 237 pages · floor plans on page 20
- Finishes: 9-foot ceilings, Sub-Zero, Bosch and Thermador appliances, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $759 a square foot on average, as first offered; $2.21 million in all
- Developer: S and J Partners, LLC; principals Jong Yun Kim
- Sponsor: 292 Seventh Street, LLC, represented by Meister Seelig & Fein, LLP
- Neighborhood: Park Slope, Brooklyn
- Subway: 3-minute walk to 4 Av-9 St (F, G, R); 9 minutes to 7 Av (F, G)
- Amendments: 3, the latest in December 2011
- Units
- 4 residential
- Neighborhood
- Park Slope, Brooklyn
- Subway
- 3 min walk to 4 Av-9 St F G R7 Av F G, 9 min
- Developer
- S and J Partners, LLC
- Principals
- Jong Yun Kim
- Average $/sf
- $759Homes in Schedule A, as first offered
- Offering price
- $2.21 million total
- Floor plans
- Page 20 of the plan
- SubmittedJune 2010
- AcceptedApril 2010
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 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 292 7th 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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 2012
Plan declared effective after one unit purchase; sponsor warranty obligations clarified; property details and sponsor information updated.
- Plan declared effective as of December 28, 2011
- One unit (25% of four units) sold to bona fide purchaser
- Sponsor warranty obligations under Housing Merchant Implied Warranty Law clarified
- Sponsor responsible for obtaining permanent Certificate of Occupancy
- Sung Yoon Kim added as principal of Sponsor
- Sponsor address changed to 1713 8th Avenue, Suite 14, Brooklyn, New York 11215
- Floor plans revised; layout and design modifications made
- Declaration and By-Laws of Condominium revised to correct typographical errors
Amendment 2 2011
Amendment revises the first year of condominium operation dates and updates the budget, common charges, real estate taxes, and related certifications.
- First year of condominium operation now August 1, 2011 to July 31, 2012
- Revised Budget (Schedule B) with updated Common Charges of $1,507 monthly ($18,084 annually)
- Updated Real Estate Tax Estimate dated May 20, 20111
- Revised Schedule A with updated Common Charges and Real Estate Taxes for each unit
- Updated Certification of Sponsor's Expert Concerning Budget Adequacy
- Plan effective period extended six months from filing date of this amendment
Amendment 1 Jun 17, 2010
Unit A is being offered for sale at $2,000,000.00.
Team
- Sponsor
- 292 Seventh Street, LLC
- Developer
- S and J Partners, LLC
- Principals
- Jong Yun Kim
- Counsel
- Meister Seelig & Fein, LLP
- Tax estimate
- Jerome MazurskyPrepared the first-year real estate tax projection
- Construction lender
- Oritani Savings Bank
- General contractors
- NNF Enterprises, N N F Enterprises, Let Me BuildHeld the general construction permit on DOB job 310024737
- Structural engineer
- Klein Levin Associates Inc.Named on p. 22
- Property report
- Kutnicki Bernstein Architects PLLCPrepared the plan's description of the property and its condition · Named on p. 22
- Title agency
- Metropolitan Abstract CorporationThe sponsor's title company for buyers; you can choose another · Named on p. 102
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
- 285 7th Street Condominiumnext door · 3 units · 2021
- 266 7th Street Condominiumnext door · 3 units · 2021
- Carriage On Sixth Condominiumnext door · 2 units · 2025
- 315 6th Street Condominiumnext door · 3 units · 2020
- 300 5th Street Condominiumnext door · 4 units · 2025
- 359 7th Street Condominium0.1 mi · 4 units · 2017
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