THE CONDO BOOK PROJECT

375 Sand Lane Condominium

375 Sand Lane, Staten Island, NY 10305

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Overview

375 Sand Lane is an 8-unit condo in Staten Island, with 27 parking units and 2 commercial units.

  • Offering plan: Accepted November 2020 · 331 pages · floor plans on page 4
  • Finishes: 8'3" ceilings, engineered wood floors, laminate kitchen countertops, Fisher & Paykel and Bosch appliances, a washer and dryer in each apartment, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $6.47 million in all
  • Developer: OMNI Build Inc.; principals Vyacheslav Faybyshev and Yuriy Pertsovsky
  • Sponsor: 375 Fc, LLC, represented by Tsyngauz & Associates, P.C.
  • Neighborhood: Arrochar, Staten Island
  • Subway: 30-minute walk to Grasmere (SIR); 31 minutes to Old Town (SIR)
  • Amendments: 1, the latest in December 2020
  • Other filings: NA210008 (no-action filing, filed 2021)
  1. SubmittedDecember 2020
  2. AcceptedNovember 2020
  3. 1 amendment

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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Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 4 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
375 Fc, LLC
Principals
Vyacheslav Faybyshev, Yuriy Pertsovsky
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Colorado Federal Savings Bank$3.95 million loan stated in the plan
General contractors
Omni Build, Ym ProHeld the general construction permit on DOB job 520282417

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

Zoning

Zoning district
R3-2
Commercial overlay
C1-1

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

Nearby

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