THE CONDO BOOK PROJECT

408 Third Street Condominium

408 3rd Street, Brooklyn, NY 11215

Compare

Overview

408 Third Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted August 2022 · 294 pages · floor plans on pages 219–222
  • Finishes: Hardwood floors, quartz kitchen countertops, laminate and wood cabinets, Fisher & Paykel appliances, a washer and dryer in each apartment and split-system units for heating and cooling
  • Prices: $10.5 million in all
  • Sponsor: 408 Third St LLC, represented by Marans Newman Tsolis & Nazinitsky LLC; principals Carlos Saavedra
  • Neighborhood: Park Slope, Brooklyn
  • Subway: 10-minute walk to 7 Av (F, G); 10 minutes to Union St (R)
  • Amendments: 2, the latest in April 2023
  • Other filings: CD000127 (condo plan, filed 2000)
  1. SubmittedSeptember 2022
  2. AcceptedAugust 2022
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Mar 31, 2023.

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 408 Third Street's common charges compare with similar buildings? →

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 7 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
408 Third St LLC
Principals
Carlos Saavedra
Tax estimate
MGNY ConsultingPrepared the first-year real estate tax projection
Construction lender
S3 Capital$4.4 million recorded
Property report
HPL Engineering P.C.Prepared the plan's description of the property and its condition · Named on p. 152

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

Free in ChatGPT or Claude

Ask Claude or ChatGPT about 408 Third Street

The fastest way to know any condo or co-op

Get Connected →
The Condo Book Project What does the offering plan say about subletting at 408 Third Street? Who were 408 Third Street's sponsor, attorney and architect?