THE CONDO BOOK PROJECT

382 7th Street Condominium

382 7th Street, Brooklyn, NY 11215

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Overview

382 7th Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted May 2025 · 452 pages · floor plans on pages 318–319
  • Finishes: Bosch appliances and a washer and dryer in each apartment
  • Prices: $1,720 a square foot on average, as first offered; $9.99 million in all ($9.93 million when first offered)
  • Common charges: $468–$631 a month, the sponsor's first-year estimate
  • Sponsor: 382 7th LLC, represented by Certilman Balin Adler & Hyman, LLP; principals Aran Scott
  • Neighborhood: Park Slope, Brooklyn
  • Subway: 5-minute walk to 7 Av (F, G); 7 minutes to 4 Av-9 St (F, G, R)
  • Amendments: 3, the latest in September 2026
  1. SubmittedJune 2025
  2. AcceptedMay 2025
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

3 of 4homes sold (75%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Jun 30, 2026.

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 382 7th Street'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 →

Compare

FigureThis building129124 units · 0.3 miaccepted 2025506 Henry34 units · 1.3 miaccepted 2025
Common ChargesPer Square Foot / Month$0.35Lowest$0.60$0.56
Average Offering PricePer Apartment$2.48MIn line$1.63M$2.88M
Average PricePer Square Foot$1,720In line$1,687$1,896
Average Unit SizeSquare Feet1,443 SFIn line965 SF1,516 SF
Unit mix, amenities, finishes, utilities and operating costs against 291 and 506 HenryUnlock the rest with a free account
How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

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 →

Amendments

Amendment 2 2025

Amendment reports three units closed and one unsold, changes closing attorney and escrow agent, and updates financial and operational status.

  • First residential unit closed September 30, 2025
  • Three of four units now closed; Unit No. 4 remains unsold
  • Temporary Certificate of Occupancy issued September 24, 2025; permanent expected by March 1, 2026
  • Closing attorney and escrow agent changed from Romanick & Skolnick to Skolnick & Ben Ezra, PLLC
  • Escrow account moved to Dime Community Bank with FDIC insurance up to $250,000 per deposit
  • Working Capital Account balance $2,794.35 as of December 1, 2025
  • Reserve Fund Account balance $3,135.18 as of December 1, 2025
  • Unsold unit monthly common charges approximately $468.24; monthly real estate taxes approximately $403.67

Amendment 1 2025

Plan declared effective, Unit #1 cellar doorway area corrected, FinCEN reporting requirements added, and offering plan extension period specified.

  • Plan declared effective May 29, 2025 with 1 of 4 units (25%) under contract
  • Unit #1 cellar floor square footage corrected to 942 square feet
  • Unit #1 cellar doorway area added to floor plans and Schedule A
  • FinCEN Geographic Targeting Order disclosure added for entity purchases $300,000+ without bank financing
  • Offering plan may be used for six months from acceptance or six months from amendment filing date
What each amendment changed, line by lineSee it free →

Team

Sponsor
382 7th LLC
Principals
Aran Scott
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Title agency
Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 101

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 382 7th Street's common charges high for the area? No, they're on the low side. 382 7th Street budgets $0.35 per square foot a month, against a $0.49 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?