404 Degraw Street Condominium
404 Degraw Street, Brooklyn, NY 11231
Overview
404 Degraw Street is a 2-unit condo in Brooklyn.
- Offering plan: Accepted August 2021 · 253 pages · floor plans on page 3
- Finishes: Hardwood floors, cultured stone kitchen countertops, wood laminate cabinets, Sub-Zero, Wolf and Bosch appliances, a washer and dryer in each apartment, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $1,695 a square foot on average, as first offered; $6.59 million in all ($6.49 million when first offered)
- Common charges: $504–$666 a month, the sponsor's first-year estimate
- Sponsor: 404 Degraw LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.
- Subway: 5-minute walk to Carroll St (F, G); 6 minutes to Bergen St (F, G)
- Amendments: 2, the latest in April 2022
- Units
- 2 residential
- Subway
- 5 min walk to Carroll St F GBergen St F G, 6 min
- Average $/sf
- $1,695Homes in Schedule A, as first offered
- Common charges
- $504–$666 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 - December 31, 2022
- Offering price
- $6.59 million total $6.49 million when first offered
- Floor plans
- Page 3 of the plan
- SubmittedOctober 2021
- AcceptedAugust 2021
- 2 amendments
- First sale
Units & Prices
Sales
From city records (ACRIS), through Jun 30, 2022.
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 404 Degraw Street's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 2 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 9 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Apr 8, 2022
Square footage corrections for both units, architect office address change, and Final Certificate of Occupancy issued.
- Final Certificate of Occupancy issued April 8, 2022; both units currently in contract
- Unit 1 habitable square footage corrected from 2,015 to 2,024; uninhabitable from 1,824 to 1,668 (3.83% total difference)
- Unit 2 habitable square footage corrected from 1,813 to 1,823; uninhabitable from 1,092 to 1,025 (1.96% total difference)
- Unit 2 roof terrace square footage corrected in Architect's Report
- Architect office address changed to 203 Lafayette Street, #C307, New York, NY 10012
- Updated Schedule A with corrected square footages
- No changes to unit allocations of common interest, common charges, or floor plans
Amendment 1 Oct 22, 2021
Minor architectural changes to doors, mechanical room, and materials; Unit 2 price increased from $2,995,000 to $3,100,000; purchaser now responsible for New York State and City transfer taxes.
- Unit 2 price raised from $2,995,000 to $3,100,000
- Pavers changed from stone/slate/flagstone to porcelain
- Fencing and interior unit entry door materials updated
- Purchaser responsible for New York State Transfer Tax ($4.00 per $1,000 of purchase price)
- Purchaser responsible for New York City Real Property Transfer Tax (1.425% of purchase price)
- Temporary or final Certificate of Occupancy may be issued prior to closing
- Cellar mechanical room, door swings, and window/door arrangements modified per as-built conditions
Team
- Sponsor
- 404 Degraw LLC
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- TIAA Bank$1.35 million loan stated in the plan
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
- 377 Degraw Street Condominiumnext door · 3 units · 2020
- 118 Douglass Street Condominiumnext door · 2 units · 2021
- 99 Douglass Street Condominiumnext door · 3 units · 2020
- 103 Douglass Street Condominiumnext door · 3 units · 2020
- 101 Douglass Street Condominiumnext door · 3 units · 2022
- 415 Degraw Street Condominiumnext door · 6 units · 1 parking · 2023
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 404 Degraw Street
The fastest way to know any condo or co-op
Get Connected →