319 Prospect Place Condominium
319 Prospect Place, Brooklyn, NY 11238
Overview
319 Prospect Place is an 8-unit condo in Brooklyn.
- Offering plan: Accepted February 2024 · 334 pages · floor plans on page 7
- Finishes: Quartz kitchen countertops, Lineadecor cabinets, Liebherr and Bosch appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,363 a square foot on average, as first offered; $18.4 million in all
- Sponsor: Mhl Capital Ii LLC, represented by Marans Newman Tsolis & Nazinitsky LLC; principals Anthony Morena, Ari Harkov and Warner Lewis
- Subway: 9-minute walk to Grand Army Plaza (2, 3); 9 minutes to 7 Av (B, Q)
- Amendments: 3, the latest in October 2024
- Units
- 8 residential
- Subway
- 9 min walk to Grand Army Plaza 2 37 Av B Q, 9 min
- Principals
- Anthony Morena, Ari Harkov, Warner Lewis
- Average $/sf
- $1,363Homes in Schedule A, as first offered
- Offering price
- $18.4 million total
- Floor plans
- Page 7 of the plan
- SubmittedMarch 2024
- AcceptedFebruary 2024
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Dec 31, 2025.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Oct 31, 2024
Amendment updates floor plans, building specifications, occupancy status, and financial disclosures for the condominium.
- Primary bedroom closets relocated in Units 2A and 3A
- Temporary certificate of occupancy issued November 18, 2024; permanent certificate expected by end of 2025
- Units 2A and 3A now have 6 lot line windows
- Rooftop terraces for Units 4A (902 SF, 5-person occupancy) and 4B (802 SF, 4-person occupancy) with specifications
- Air conditioning condenser specifications revised with BTU ratings for all units
- First unit closing occurred December 12, 2024
- $2,500.00 posted as security for permanent certificate of occupancy
- As of submission: Units 1A, 1B, and 4B unsold; Working Capital Fund $3,500.64; Reserve Fund $3,500.64
Amendment 2 Jun 3, 2024
Plan declared effective after sponsor accepted purchase agreements for two units constituting 25% of units offered.
- Plan declared effective
- Two units (2A and 3A) counted toward effectiveness requirement
- Affidavit by Anthony Morena, principal of sponsor MHL CAPITAL II LLC, attached
Amendment 1 Mar 15, 2024
Corrects typographical errors in Schedule A where Limited Common Elements and Bedroom counts did not match the Floor Plans.
Team
- Sponsor
- Mhl Capital Ii LLC
- Principals
- Anthony Morena, Ari Harkov, Warner Lewis
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Popular Bank$9.5 million recorded
- General contractor
- Titan Realty & ConstructionHeld the general construction permit on DOB NOW job B00648765
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
- 349 Prospect Place Condominiumnext door · 6 units · 2021
- Villas At Prospect Placenext door · 6 units · 2017
- 309 Prospect Place Condominiumnext door · 4 units · 1 parking · 2021
- 373 Prospect Place Condominiumnext door · 6 units · 2022
- 280 St. Marks Avenue Condominiumnext door · 32 units · 32 parking · 2015
- 655 Washington Avenue Condominium0.1 mi · 10 units · 2 parking · 2008
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