Chauncey
340-342 Chauncey Street, Brooklyn, NY 11233
Overview
Chauncey is a 13-unit condo in Brooklyn.
- Offering plan: Accepted November 2020 · 290 pages · floor plans on page 11
- Finishes: Hardwood floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $809 a square foot on average, as first offered; $8.09 million in all ($6.09 million when first offered)
- Common charges: $230–$868 a month, the sponsor's first-year estimate
- Sponsor: Kingsland Chauncey LLC, represented by Korsinsky & Klein, LLP; principals Ali Rashid
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 7-minute walk to Ralph Av (C); 9 minutes to Rockaway Av (C)
- Amendments: 2, the latest in April 2021
- Units
- 13 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 7 min walk to Ralph Av CRockaway Av C, 9 min
- Principals
- Ali Rashid
- Average $/sf
- $809Homes in Schedule A, as first offered
- Common charges
- $230–$868 a monthSponsor's first-year estimate in Schedule A, December 1, 2020 to November 30, 2021
- Offering price
- $8.09 million total $6.09 million when first offered
- Floor plans
- Page 11 of the plan
- SubmittedDecember 2020
- AcceptedNovember 2020
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 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 Chauncey's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 13 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 →The Building
Amendments
Amendment 2 Apr 23, 2021
Amendment declares the offering plan effective after two units (15% of residential units) received executed purchase agreements.
- Plan declared effective 4/21/21 with two units under contract
- Sponsor confirms financial resources to pay all common charges, special assessments, and real estate taxes on unsold units
- No material changes to the offering plan beyond what is expressly stated in this amendment
Team
- Sponsor
- Kingsland Chauncey LLC
- Principals
- Ali Rashid
- Counsel
- Korsinsky & Klein, LLP
- Tax estimate
- Highpoint Incentive Inc.Prepared the first-year real estate tax projection
- Construction lender
- Bayport FundingLender on the mortgage and building loan agreement recorded April 2016 in ACRIS; $1.4 million recorded
- General contractors
- East Coast NY Construction, Hollis NYC ConstructionHeld the general construction permit on DOB job 321193882
- Property report
- Wu Chen, P.E.Prepared the plan's description of the property and its condition · Named on p. 162
- Title agency
- Island Estates Abstract LLCThe sponsor's title company for buyers; you can choose another · Named on p. 58
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
- 223 Howard Avenue Condominiumnext door · 7 units · 2021
- 473 Bainbridge Street Condominiumnext door · 6 units · 2022
- 686 Macdonough Street Condominium0.2 mi · 6 units · 2017
- 84 Macdougal Street Condominium0.2 mi · 2 units · 2024
- Bainbridge Effect Condominium0.2 mi · 4 units · 2026
- Macon On The Park Condominium Ii0.2 mi · 7 units · 2024
Free in ChatGPT or Claude
Ask Claude or ChatGPT about Chauncey
The fastest way to know any condo or co-op
Get Connected →