THE CONDO BOOK PROJECT

364 13th Street Condominium

364 13th Street, Brooklyn, NY 11215

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Overview

364 13th Street is a 3-unit condo in Brooklyn.

  • Offering plan: Accepted August 2020 · 361 pages · floor plans on page 87
  • Finishes: Hardwood floors, marble kitchen countertops, Hanssem cabinets, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
  • Prices: $1,654 a square foot on average, as first offered; $3.82 million in all ($3.7 million when first offered)
  • Common charges: $231–$462 a month, the sponsor's first-year estimate
  • Sponsor: Jrs 13th Street LLC, represented by Certilman Balin Adler & Hyman, LLP; principals Arthur Leeds
  • Subway: 5-minute walk to 7 Av (F, G); 9 minutes to 15 St-Prospect Park (F, G)
  • Amendments: 2, the latest in September 2021
  1. SubmittedMay 2021
  2. AcceptedAugust 2020
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

2 of 3homes sold (67%)
Every sale: 2 homes, with price and dateSee it free →

From city records (ACRIS), through May 31, 2022.

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 364 13th Street's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 3 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 10 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 May 13, 2021

Amendment clarifies property descriptions, storage space designations, drain responsibilities, and roof deck rights for Unit #3, with corresponding updates to the Declaration and By-Laws.

  • Storage spaces in cellar designated as Limited Common Elements of Units #2 and #3
  • All basement/cellar drains and roof drains are General Common Elements
  • Unit #3 receives exclusive use of a designated roof area (327 square feet) but no private roof deck from Sponsor
  • Unit #3 owner may construct private roof deck at sole cost and expense, subject to NYC Department of Buildings approval
  • Unit #3 owner solely responsible for all roof deck construction costs, warranties, maintenance, and repairs
  • Unit #3 owner responsible for building roof repairs if damage occurs in the roof area and decking warranty does not cover it
  • Declaration revised to exclude Unit #3 Roof Area from General Common Elements definition
  • By-Laws revised to make Unit #3 owner solely responsible for structural and maintenance repairs to roof and any constructed deck
  • Schedule A prices increased for 2 homes (median +12.2%): 2 $1,025,000 → $1,150,000; 3 $1,075,000 → $1,175,000
  • Schedule A prices decreased for 1 home (median -6.6%): 1 $1,600,000 → $1,495,000
What the amendment changed, line by lineSee it free →

Team

Sponsor
Jrs 13th Street LLC
Principals
Arthur Leeds
Tax estimate
Podell, Schwartz, Schechter and Banfield, LLPPrepared 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
R6B

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

Nearby

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The Condo Book Project Are 364 13th Street's common charges high for the area? They're in line. 364 13th Street budgets $0.42 per square foot a month, against a $0.41 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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