THE CONDO BOOK PROJECT

385 Jefferson Avenue Condominium (Oasis Townhouse)

385 Jefferson Avenue, Brooklyn, NY 11221

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Overview

Oasis Townhouse is a 3-unit condo in Brooklyn.

  • Offering plan: Accepted April 2016 · 329 pages · floor plans on page 30
  • Finishes: 8'8" ceilings, wood floors, Frigidaire appliances and washer/dryer hook-ups
  • Prices: $3.3 million in all ($1.78 million when first offered)
  • Common charges: $513–$571 a month, the sponsor's first-year estimate
  • Sponsor: 385 Jefferson Avenue LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Nadav Hamo
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 7-minute walk to Kingston-Throop Avs (C); 12 minutes to Nostrand Av (A, C)
  • Amendments: 2, the latest in December 2016
  1. SubmittedSeptember 2016
  2. AcceptedApril 2016
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 2023.

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 Oasis Townhouse'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 →

Closing Costs

The plan lists what a buyer pays at closing.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Dec 7, 2016

Amendment updates floor plans to reflect as-built conditions, modifies unit sizes and layouts, eliminates penthouses in Units B and C, and extends the plan term by six months.

  • Unit A cellar accessory space increased to 727 SF, 1st floor reduced to 921 SF with additional bedroom
  • Unit B increased to 1,257 SF with penthouse eliminated and roof terrace increased to 562 SF
  • Unit C increased to 1,278 SF with penthouse eliminated and roof terrace increased to 568 SF
  • Storage room locations changed; Unit B storage increased to 72 SF, Unit C storage 77 SF
  • Electric meter room eliminated; meters relocated to front exterior of property
  • Completion date set to December 23, 2016
  • HVAC systems specified as ductless mini split Fujitsu units; windows by Pella Impervia line
  • Plan term extended six months from amendment date; roof warranty by contractor for 5 years only

Amendment 1 Sep 9, 2016

Offering prices for Units A, B, and C are set at $1,100,000.00 each.

  • Unit A price: $1,100,000.00
  • Unit B price: $1,100,000.00
  • Unit C price: $1,100,000.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
385 Jefferson Avenue LLC
Principals
Nadav Hamo
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lenders
The Wheatley Harbor, The Gross Family Holdings$1.35 million recorded
General contractor
Ile Construction GroupHeld the general construction permit on DOB job 320627158
Buyer's lenders
Approved Funding, CitibankThe sponsor's preferred mortgage lenders; you can use another · Named on p. 6

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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