THE CONDO BOOK PROJECT

371 Van Brunt Condominium

371 Van Brunt Street, Brooklyn, NY 11231

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Overview

371 Van Brunt is a 2-unit condo in Brooklyn.

  • Offering plan: Accepted April 2020 · 254 pages
  • Finishes: Wood floors, stone kitchen countertops, painted cabinets, Bosch, Thor Kitchen and Miele appliances, a washer and dryer in each apartment and split-system units for heating and cooling
  • Prices: $1,247 a square foot on average, as first offered; $3.3 million in all
  • Common charges: $175–$724 a month, the sponsor's first-year estimate
  • Developer: Shallon-Duchac Family 2013 Irrevocable Trust; principals Frederic Duchac
  • Sponsor: 371 Van Brunt, LLC, represented by Paul A. Leff, Esq.
  • Subway: 22-minute walk to Smith-9 Sts (F, G); 26 minutes to Carroll St (F, G)
  1. SubmittedFebruary 2019
  2. AcceptedApril 2020

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 2 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
371 Van Brunt, LLC
Developer
Shallon-Duchac Family 2013 Irrevocable Trust
Principals
Frederic Duchac
Tax estimate
Paul A. Leff, CPAPrepared 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
R5
Commercial overlay
C1-3

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

Nearby

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The Condo Book Project Are 371 Van Brunt's common charges high for the area? No, they're on the low side. 371 Van Brunt budgets $0.34 per square foot a month, against a $0.42 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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