THE CONDO BOOK PROJECT

383 Manhattan Avenue Condominium

383 Manhattan Avenue, Brooklyn, NY 11211

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Overview

383 Manhattan Avenue is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted March 2021 · 256 pages · floor plans on page 217
  • Finishes: Samsung appliances and washer/dryer hook-ups
  • Prices: $1,334 a square foot on average, as first offered; $56.6 million in all ($5.65 million when first offered)
  • Common charges: $281–$616 a month, the sponsor's first-year estimate
  • Developer: Winchester Equities; principals Alberto (Avi) Benamu and Jack Hazan
  • Sponsor: 383 Manhattan LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.
  • Neighborhood: Williamsburg, Brooklyn
  • Subway: 6-minute walk to Graham Av (L); 7 minutes to Metropolitan Av/Lorimer St (G, L)
  • Amendments: 1, the latest in October 2021
  1. SubmittedOctober 2021
  2. AcceptedMarch 2021
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through Jan 31, 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 383 Manhattan Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 4 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 Jul 13, 2021

Units 2B, 3B, and 4 are now in contract; first year of operation moved to January 1–December 31, 2022; real estate tax estimate updated with new assessed value and tax rate.

  • Units 2B, 3A, 3B, and 4 in contract as of October 4, 2021
  • First year of condominium operation: January 1, 2022 through December 31, 2022
  • Tax expert changed from MGNY to Metropolitan Realty Exemptions, Inc. (MRE)
  • Post-completion assessed value: $483,259.00; estimated annual real estate taxes: $59,281.00
  • Tax rate for Class 2 properties: 12.267% for 2021/22 tax year
  • Updated Schedules A and B attached reflecting new commencement date
  • No changes to dollar amounts projected in Schedule B budget
What the amendment changed, line by lineSee it free →

Team

Sponsor
383 Manhattan LLC
Developer
Winchester Equities
Principals
Alberto (Avi) Benamu, Jack Hazan
Tax estimate
MGNY ConsultingPrepared the first-year real estate tax projection
Construction lender
S3 CapitalLender on the mortgage and building loan agreement recorded June 2019 in ACRIS; $2.55 million recorded
General contractor
Gim ConstructionHeld the general construction permit on DOB job 320627407

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

Zoning

Zoning district
M1-2/R6
Special district
Special Mixed Use District (MX-8) (MX-8)

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

Nearby

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The Condo Book Project Are 383 Manhattan Avenue's common charges high for the area? Yes, they're on the high side. 383 Manhattan Avenue budgets $0.46 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?