THE CONDO BOOK PROJECT

358 Tompkins Avenue Condominium

358 Tompkins Avenue, Brooklyn, NY 11216

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Overview

358 Tompkins Avenue is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted December 2023 · 411 pages · floor plans on page 280
  • Finishes: Engineered wood floors, porcelain slab kitchen countertops, white oak wood cabinets, Bosch appliances, a washer and dryer in each apartment, Kohler bathroom fittings and split-system units for heating and cooling
  • Prices: $1,344 a square foot on average, as first offered; $4.7 million in all ($4.59 million when first offered)
  • Common charges: $417–$635 a month, the sponsor's first-year estimate
  • Sponsor: 358 Tompkins Ave, LLC, represented by Certilman Balin Adler & Hyman, LLP; principals Bijan Thornycroft
  • Subway: 10-minute walk to Kingston-Throop Avs (C); 12 minutes to Nostrand Av (A, C)
  • Amendments: 5, the latest in October 2025
  1. SubmittedJuly 2024
  2. AcceptedDecember 2023
  3. 5 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 Dec 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 358 Tompkins Avenue'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 →

Amendments

Amendment 5 Oct 23, 2025

Amendment updates post-closing status, first unit closed, temporary certificate of occupancy issued, and changes closing attorney and escrow agent.

  • First residential unit (Unit No. 4) closed on July 21, 2025
  • Temporary Certificate of Occupancy issued October 17, 2025
  • Closing attorney and escrow agent changed from Romanick & Skolnick, PLLC to Kaplan, DiTrapani, Faria & Manin LLP
  • Escrow account moved to Webster Bank at Two Blue Hill Plaza, Pearl River, New York
  • Sponsor to commence collection of Common Charges on December 1, 2025
  • Working Capital account balance $3,606.59 as of October 20, 2025
  • Reserve Fund Account balance $974.66 as of October 20, 2025
  • Three residential units closed; one unsold unit remains

Amendment 4 Apr 8, 2025

Plan declared effective on March 10, 2025 with first unit closing anticipated August 1, 2025; budget increased 15.5% to $32,161; architect and tax documents updated.

  • Plan declared effective March 10, 2025 (1 of 4 units under contract, 25% threshold met)
  • First unit closing anticipated August 1, 2025; rescission right if not closed by August 31, 2025
  • First year budget increased $4,321 (15.5%) to $32,161 from $27,840
  • Budget year projected to commence August 1, 2025
  • Architect's second Addendum corrects scrivener's errors and discloses baseboard and fixture changes
  • Tax opinion letter updated with current NYC Department of Finance assessment information
  • Selling Agent: Behzad Amiri, The Corcoran Group, 125 Seventh Avenue, Brooklyn
  • Offering Plan valid for six (6) months from amendment filing date
  • Schedule A prices increased for 3 homes (median +3.1%): 1 $1,250,000 → $1,290,000; 2 $1,050,000 → $1,075,000; 4 $1,300,000 → $1,340,000

Amendment 3 2024

Amendment adds disclosure of sponsor's preferred lender requirement for mortgage applications.

  • Purchasers must submit mortgage application to preferred lender Guaranteed Rate, Inc. (Guy Aboutboul, NMLS #1114691, 750 Lexington Avenue Suite 2010, New York, NY 10022, (347) 631-0804)
  • Preferred lender application is not a mortgage financing contingency
  • Application does not relieve purchasers of obligation to pay full purchase price at closing
  • Purchasers may still apply to other lenders and are not obligated to accept financing from preferred lender
  • Sponsor and principals have no ownership interest in preferred lender
What each amendment changed, line by lineSee it free →

Team

Sponsor
358 Tompkins Ave, LLC
Principals
Bijan Thornycroft
Tax estimate
SJP Tax Consultants Inc.Prepared the first-year real estate tax projection
Title agency
Kings Land Abstract LLCThe sponsor's title company for buyers; you can choose another · Named on p. 85

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6A
Commercial overlay
C2-4

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 358 Tompkins Avenue's common charges high for the area? Yes, they're on the high side. 358 Tompkins Avenue budgets $0.57 per square foot a month, against a $0.54 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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