THE CONDO BOOK PROJECT

394 Vanderbilt Avenue Condominium

394 Vanderbilt Avenue, Brooklyn, NY 11238

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Overview

394 Vanderbilt Avenue is a 5-unit condo in Brooklyn.

  • Offering plan: Accepted March 2020 · 338 pages · floor plans on page 97
  • Finishes: 8-foot ceilings, Fisher & Paykel, Wolf and Whirlpool appliances and a washer and dryer in each apartment
  • Prices: $1,170 a square foot on average, as first offered; $10.4 million in all
  • Common charges: $395–$511 a month, the sponsor's first-year estimate
  • Sponsor: 394-396 Vanderbilt Ave NY Corp., represented by Marcus Attorneys; principals William Caleo, Lyndsay Caleo and Zachary Stern
  • Subway: 4-minute walk to Clinton-Washington Avs (C); 4 minutes to Clinton-Washington Avs (G)
  • Amendments: 1, the latest in June 2020
  1. SubmittedJune 2020
  2. AcceptedMarch 2020
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

5 of 5homes sold (100%)
Every sale: 5 homes, with price and dateSee it free →

From city records (ACRIS), through Jun 30, 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 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Jun 30, 2020

Amendment updates floor plans, reduces Unit 1S square footage, and raises prices for Units 2 and PH.

  • Unit 1S square footage decreased from 1,632 to 1,590 square feet (2.5% decrease)
  • Unit 2 offering price raised to $2,595,000.00
  • Unit PH offering price raised to $2,195,000.00
  • Revised door location at cellar level of Unit 1S
  • Updated interior dimensions of bedrooms and living/dining rooms
  • Updated dimensions of terraces for Units 2, 3, and PH
  • First temporary certificate of occupancy issued September 15, 2020
What the amendment changed, line by lineSee it free →

Team

Sponsor
394-396 Vanderbilt Ave NY Corp.
Principals
William Caleo, Lyndsay Caleo, Zachary Stern
Tax estimate
The Mazursky Group, Inc.Prepared the first-year real estate tax projection
Title agency
New York Title Services LLCThe sponsor's title company for buyers; you can choose another · Named on p. 70

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 394 Vanderbilt Avenue's common charges high for the area? No, they're on the low side. 394 Vanderbilt Avenue budgets $0.26 per square foot a month, against a $0.36 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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