395 16th Street Condominium
395 16th Street, Brooklyn, NY 11215
Overview
395 16th Street is a 3-unit condo in Brooklyn.
- Offering plan: Accepted April 2023 · 340 pages · floor plans on page 34
- Prices: $1,534 a square foot on average, as first offered; $5.74 million in all
- Common charges: $514–$1,017 a month, the sponsor's first-year estimate
- Developers: Stuyvesant Group and R H Organization Corp.; principals Royi Hazan
- Sponsor: 395 16th LLC, represented by Jeffrey Zwick & Associates, P.C.
- Subway: 4-minute walk to 15 St-Prospect Park (F, G); 7 minutes to 7 Av (F, G)
- Amendments: 1, the latest in August 2023
- Units
- 3 residential
- Subway
- 4 min walk to 15 St-Prospect Park F G7 Av F G, 7 min
- Developers
- Stuyvesant Group, R H Organization Corp.
- Principals
- Royi Hazan
- Average $/sf
- $1,534Homes in Schedule A, as first offered
- Common charges
- $514–$1,017 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 – June 30, 2024
- Offering price
- $5.74 million total
- Floor plans
- Page 34 of the plan
- SubmittedAugust 2023
- AcceptedApril 2023
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 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 3 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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 March 2023
Amendment updates construction completion timeline, building materials and finishes, and escrow bank information.
- Construction expected to be substantially complete in August 2023; Temporary Certificate of Occupancy anticipated by September 2023
- Sound insulation underlayment changed to Regupol Sonus rubber underlayment
- Balcony doors to be Anderson series 100 or better, primarily sliding glass doors
- Roof pavers changed from cement to porcelain
- Washers and dryers to be provided by LG (electrical, stackable)
- Hot water heaters to be AO Smith brand
- Intercom system to be Akuvox R29 or better
- Finished floor in all apartments to be White Oak, #2 Grade; Escrow account bank changed from Signature Bank to Flagstar Bank
Team
- Sponsor
- 395 16th LLC
- Developers
- Stuyvesant Group, R H Organization Corp.
- Principals
- Royi Hazan
- Tax estimate
- RE Tax ServicePrepared 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
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 363 16th Street Condominiumnext door · 7 units · 2008
- Ivonnenext door · 8 units · 2025
- 8 Windsor Place Condominium0.1 mi · 4 units · 2023
- 460 7th Avenue Condominium0.1 mi · 3 units · 2021
- 489 Seventh Avenue Condominium0.1 mi · 4 units · 2025
- South Slope Condominium0.2 mi · 3 units · 2 parking · 2003
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