Utrecht Ave Condominium
3929 New Utrecht Avenue, Brooklyn, NY 11219
Overview
Utrecht Ave is a 7-unit condo in Brooklyn.
- Offering plan: Accepted May 2021 · 365 pages · floor plans on pages 184–186
- Finishes: Stone kitchen countertops, Frigidaire appliances and Delta bathroom fittings
- Prices: $788 a square foot on average, as first offered; $3.13 million in all
- Common charges: $368–$722 a month, the sponsor's first-year estimate
- Sponsor: Utrecht Ave Property LLC, represented by James J. Matusiak, Attorney At Law; principals Xin Xiang Lin and Man Yeung Law
- Subway: 3-minute walk to 9 Av (D); 5 minutes to Fort Hamilton Pkwy (D)
- Amendments: 2, the latest in October 2021
- Units
- 7 residential
- Subway
- 3 min walk to 9 Av DFort Hamilton Pkwy D, 5 min
- Principals
- Xin Xiang Lin, Man Yeung Law
- Average $/sf
- $788Homes in Schedule A, as first offered
- Common charges
- $368–$722 a monthSponsor's first-year estimate in Schedule A
- Offering price
- $3.13 million total
- Floor plans
- Pages 184–186 of the plan
- SubmittedAugust 2021
- AcceptedMay 2021
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
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)
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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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 2021
Offering Plan declared effective after 28.57% of units (2 of 7) were placed under purchase agreements, exceeding the required 15% threshold.
- Offering Plan declared effective
- First unit closing anticipated on or about January 1, 2022
- 2 units placed under Purchase Agreements (Units 3A and 4B)
Amendment 1 2021
Budget and common charges updated; New York State Transfer Tax calculation method changed; two units sold, five unsold.
- Budget for first year of operations (July 1, 2021 to June 30, 2022) amended with updated Exhibit A
- Common charges for units amended based on budget changes; new amounts on Exhibit C
- New York State Transfer Tax no longer calculated on 'grossed up' consideration, now on actual purchase price
- Purchase Agreements entered for 2 units; 5 units unsold
- Updated insurance opinion letter from Aegis Service Corp. attached
Team
- Sponsor
- Utrecht Ave Property LLC
- Principals
- Xin Xiang Lin, Man Yeung Law
- Tax estimate
- SJP Tax Consultants Inc.Prepared the first-year real estate tax projection
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
- Commercial overlay
- C2-3
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Delta Towers Condominiumnext door · 65 units · 1 parking · 2020
- 1024 41st Street Condominium0.1 mi · 4 units · 2008
- 965 Condominium0.2 mi · 8 units · 2017
- Teng Fei Condominium0.2 mi · 8 units · 2 parking · 2026
- 832 40th Street Condominium0.2 mi · 8 units · 2021
- 838 41st Street Condominium0.2 mi · 8 units · 2020
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