THE CONDO BOOK PROJECT

389 Bergen Condominium

389 Bergen Street, Brooklyn, NY 11217

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Overview

389 Bergen is a 2-unit condo in Brooklyn.

  • Offering plan: Accepted July 2020 · 368 pages · floor plans on pages 247–248
  • Finishes: Engineered wood floors, stone kitchen countertops, Sub-Zero, Wolf and Miele appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $1,589 a square foot on average, as first offered; $6.34 million in all ($6.29 million when first offered)
  • Common charges: $566–$781 a month, the sponsor's first-year estimate
  • Sponsor: 389 Bergen LLC, represented by Certilman Balin Adler & Hyman, LLP; principals Aran Scott
  • Subway: 3-minute walk to Bergen St (2, 3); 4 minutes to Atlantic Av-Barclays Ctr (2, 3, 4, 5, B, D, N, Q, R)
  • Amendments: 2, the latest in November 2020
  1. SubmittedOctober 2020
  2. AcceptedJuly 2020
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

2 of 2homes sold (100%)
Every sale: 2 homes, with price and dateSee it free →

From city records (ACRIS), through Apr 30, 2025.

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 389 Bergen'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 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 →

Amendments

Amendment 2 Nov 16, 2020

Schedule A revised to reflect corrected square footage per floor plans, and building rules amended to permit baby carriage and stroller storage in public hallways.

  • Schedule A updated with revised square footage for individual floors of each residential unit and limited common elements to conform to Floor Plans (Schedule G-2)
  • Baby carriages and strollers now permitted in public halls if they do not block front doors or stairways
  • Bicycles, scooters, and similar vehicles remain prohibited in public areas unless agreed by both unit owners

Amendment 1 Oct 1, 2020

Plan declared effective with one of two units under contract; first closing anticipated January 1, 2021; budget year commencement date changed to September 1, 2020.

  • Plan declared effective on October 1, 2020
  • 1 of 2 residential units has executed purchase agreement (50% threshold met)
  • First unit closing anticipated on or about January 1, 2021
  • Sponsor to pay common charges for untitled units after first closing
  • Condominium budget year begins September 1, 2020
  • Offering plan valid for six months from amendment filing date
What each amendment changed, line by lineSee it free →

Team

Sponsor
389 Bergen LLC
Principals
Aran Scott
Title agency
Millennium Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 71

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 389 Bergen's common charges high for the area? Yes, they're on the high side. 389 Bergen budgets $0.34 per square foot a month, against a $0.28 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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