THE CONDO BOOK PROJECT

499 Evergreen Avenue Condominium

499 Evergreen Avenue, Brooklyn, NY 11221

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Overview

499 Evergreen Avenue is an 8-unit condo in Brooklyn, with 5 storage units.

  • Offering plan: Accepted May 2021 · 345 pages · floor plans on page 37
  • Finishes: 9-foot ceilings, hardwood floors, granite kitchen countertops, Frigidaire appliances, Grohe bathroom fittings and split-system units for heating and cooling
  • Prices: $830 a square foot on average, as first offered; $4.6 million in all
  • Common charges: $242–$316 a month, the sponsor's first-year estimate
  • Developer: Urban View Development Corporation; principals Nadav Hamo
  • Sponsor: 503 Evergreen Avenue LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 10-minute walk to Halsey St (J); 10 minutes to Gates Av (J, Z)
  • Other filings: NA200040 (no-action filing, filed 2020)
  1. SubmittedAugust 2020
  2. AcceptedMay 2021

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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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 →

Team

Sponsor
503 Evergreen Avenue LLC
Principals
Nadav Hamo
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Goldman Sachs Bank
General contractor
Brooklyn B Company GroupHeld the general construction permit on DOB job 320911055
Property report
INFOCUSPrepared the plan's description of the property and its condition · Named on p. 147

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 499 Evergreen Avenue's common charges high for the area? No, they're on the low side. 499 Evergreen Avenue budgets $0.44 per square foot a month, against a $0.55 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?