THE CONDO BOOK PROJECT

442 3rd Street Condominium

442 3rd Street, Brooklyn, NY 11215

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Overview

442 3rd Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted December 2023 · 404 pages · floor plans on page 268
  • Finishes: 9-foot ceilings, engineered wood floors, stone kitchen countertops, Bosch appliances, a washer and dryer in each apartment, Kohler bathroom fittings and split-system units for heating and cooling
  • Prices: $1,605 a square foot on average, as first offered; $9.75 million in all
  • Common charges: $420–$566 a month, the sponsor's first-year estimate
  • Sponsor: 442 3rd LLC, represented by Certilman Balin Adler & Hyman, LLP; principals Aran Scott and Paula Stolowicz Ras
  • Neighborhood: Park Slope, Brooklyn
  • Subway: 8-minute walk to 7 Av (F, G); 11 minutes to Union St (R)
  • Amendments: 1, the latest in January 2024
  1. SubmittedJanuary 2024
  2. AcceptedDecember 2023
  3. 1 amendment
  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 Jul 31, 2026.

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 442 3rd 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 4 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 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 2024

Plan declared effective after one unit sold; natural gas individually metered; budget and common charges revised; unit square footages and hot water heater specifications updated.

  • Plan declared effective January 26, 2024 with 1 of 4 units (25%) under contract
  • Natural gas individually metered for dryers and ovens in each unit; no shared gas facilities
  • Common Utilities budget line eliminated for natural gas
  • Unit 1: 50-gallon electric hot water heater; Units 2, 3, 4: 47-gallon electric hot water heaters
  • Unit 1: two condensers relocated on stair bulkhead roof; Units 2, 3, 4: one condenser each on stair bulkhead roof
  • Square footages revised for Unit 1 and rooftop Limited Common Elements for Units 3 and 4
  • Common Charges updated in revised Schedule A per new budget
  • New parapet coping eliminated; sliding doors reference eliminated from roof bulkhead door replacement
What the amendment changed, line by lineSee it free →

Team

Sponsor
442 3rd LLC
Principals
Aran Scott, Paula Stolowicz Ras
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Title agency
Millennium Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 78

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 442 3rd Street's common charges high for the area? No, they're on the low side. 442 3rd Street budgets $0.30 per square foot a month, against a $0.41 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?