On Lok Bo Condominium
39 Monroe Street, Manhattan, NY 10002
Overview
On Lok Bo is an 8-unit condo in Manhattan, with 1 commercial unit.
- Offering plan: Accepted February 2021 · 385 pages · floor plans on pages 199–208
- Finishes: Hardwood floors, granite kitchen countertops, Formica cabinets, Whirlpool, GE and Frigidaire appliances and split-system units for heating and cooling
- Prices: $1,500 a square foot on average, as first offered; $12.5 million in all ($16.6 million when first offered)
- Common charges: $768–$1,588 a month, the sponsor's first-year estimate
- Sponsor: On Lok Bo, LLC, represented by Law Offices Of Oliver Zhou; principals Kam Mui Leung and Yat Sun Poon
- Subway: 6-minute walk to East Broadway (F); 11 minutes to Grand St (B, D)
- Amendments: 2, the latest in June 2021
- Units
- 8 residential · 1 commercial
- Subway
- 6 min walk to East Broadway FGrand St B D, 11 min
- Principals
- Kam Mui Leung, Yat Sun Poon
- Average $/sf
- $1,500Homes in Schedule A, as first offered
- Common charges
- $768–$1,588 a monthSponsor's first-year estimate in Schedule A, January 1, 2021 - December 31, 2021
- Offering price
- $12.5 million total $16.6 million when first offered
- Floor plans
- Pages 199–208 of the plan
- SubmittedMarch 2021
- AcceptedFebruary 2021
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 31, 2026.
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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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 8 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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Mar 2, 2021
Amendment designates Dylan Chan Law Firm, P.C. as attorney for sponsor and escrow agent for deposits on unsold units.
- Dylan Chan Law Firm, P.C. retained as sponsor's attorney
- Dylan Chan Law Firm, P.C. designated as escrow agent for purchaser deposits
- Escrow account established at JP Morgan Chase Bank, N.A., 180 Canal Street, New York, NY 10013
- Account name: Dylan Chan Law Firm, P.C. IOLA Account (non-interest bearing)
- Dylan W. Chan, Esq. authorized as signatory to withdraw funds
- All payment instruments made payable to Dylan Chan Law Firm, P.C., as Escrow Agent
Team
- Sponsor
- On Lok Bo, LLC
- Principals
- Kam Mui Leung, Yat Sun Poon
- Counsel
- Law Offices Of Oliver Zhou
- Title agency
- Kong Abstract Co. LLCThe sponsor's title company for buyers; you can choose another · Named on p. 139
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7-2
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Excel Condominiumnext door · 2 units · 2023
- 100 East Broadway Condos0.2 mi · 1 parking · 2018
- Tower Units At One Manhattan Square0.2 mi · 815 units · 1 parking · 2015
- 32 Rutgers Street Condominium0.2 mi · 10 units · 2025
- 86 Canal Condominium0.3 mi · 32 units · 2016
- 171 Henry Street Condominium0.3 mi · 20 units · 2015
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