350 Bergen Street Condominium
350 Bergen Street, Brooklyn, NY 11217
Overview
350 Bergen Street is a 7-unit condo in Brooklyn.
- Offering plan: Accepted January 2022 · 322 pages · floor plans on page 46
- Finishes: Engineered wood floors, marble kitchen countertops, Bosch, Viking and Asko appliances, a washer and dryer in each apartment, Kallista bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,355 a square foot on average, as first offered; $9.44 million in all
- Common charges: $438–$1,280 a month, the sponsor's first-year estimate
- Sponsor: 350 Bergen Street Of New York LLC, represented by Marans Newman Tsolis & Nazinitsky LLC; principals Sharif Khwaja
- Subway: 3-minute walk to Atlantic Av-Barclays Ctr (2, 3, 4, 5, B, D, N, Q, R); 6 minutes to Bergen St (2, 3)
- Amendments: 2, the latest in December 2022
- Units
- 7 residential
- Subway
- 3 min walk to Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q RBergen St 2 3, 6 min
- Principals
- Sharif Khwaja
- Average $/sf
- $1,355Homes in Schedule A, as first offered
- Common charges
- $438–$1,280 a monthSponsor's first-year estimate in Schedule A, July 1, 2022- June 30, 2023
- Offering price
- $9.44 million total
- Floor plans
- Page 46 of the plan
- SubmittedFebruary 2022
- AcceptedJanuary 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Feb 29, 2024.
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 for 7 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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Dec 23, 2022
Amendment discloses post-closing events including first unit closing on April 28, 2022, temporary certificate of occupancy issued March 21, 2022, sponsor relinquished board control July 13, 2022, and extends offering term by six months.
- First unit closing occurred April 28, 2022
- Temporary Certificate of Occupancy issued March 21, 2022, renewed and set to expire May 1, 2023
- Sponsor posted $5,000.00 security for permanent Certificate of Occupancy
- Declaration recorded March 30, 2022
- Unit 302 is the only unsold unit
- Sponsor relinquished board control July 13, 2022
- Reserve fund held $5,745.85 and working capital account held $4,756.59 at board relinquishment
- Offering term extended six months
Amendment 1 Feb 8, 2022
Plan declared effective after two units were sold, and the term extended by six months.
- Plan declared effective with 2 units sold (28% of units offered)
- Plan term extended by six months from amendment date
Team
- Sponsor
- 350 Bergen Street Of New York LLC
- Principals
- Sharif Khwaja
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 47 St. Mark'S Place Condominiumnext door · 3 units · 2025
- 43 Saint Marks Placenext door · 3 units · 2025
- 345 Bergen Street Condominiumnext door · 6 units · 2024
- 58 Saint Marks Place Condominiumnext door · 105 units · 41 parking · 2020
- Bergennext door · 105 units · 57 parking · 2024
- 354 Dean Street Condominiumnext door · 3 units · 2025
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