58 Saint Marks Place Condominium (Saint Marks Place)

Amendment 3 Dec 13, 2021

Prices for 69 units and parking spaces updated.

• Unit 516 (3 BR penthouse with terrace) priced at $4,650,000.00
• Penthouses PH1101, PH1105, PH1106 priced at $2,925,000.00, $3,000,000.00, $3,175,000.00
• Parking spaces range from $15,000.00 to $45,000.00
• Storage units priced from $15,000.00 to $27,000.00
• Common charges and real estate tax estimates provided for first full year (January 1, 2022 - December 31, 2022)
• Schedule A prices increased for 11 homes (median +1.2%): 301 $1,445,000 → $1,475,000; 306 $640,000 → $645,000; 401 $1,470,000 → $1,500,000; 406 $650,000 → $655,000; ...

Amendment 2 Nov 19, 2021

Prices updated for 46 units across the building.

• Unit prices adjusted for 46 units ranging from $17,500 to $5,000,000
• Revised Schedule A and Schedule A-1 attached reflecting new pricing
• Common charges and estimated real estate taxes recalculated for affected units
• Schedule A prices increased for 18 homes (median +3.6%): 101 $550,000 → $595,000; 301 $1,395,000 → $1,445,000; 306 $605,000 → $640,000; 401 $1,425,000 → $1,470,000; ...

Amendment 1 Nov 18, 2020

Amendment reduces residential units from 105 to 100, updates pricing and common charges, adds storage and parking spaces with EV charging, revises the first-year budget, and establishes reserve fund requirements.

• Residential units reduced from 105 to 100; 19 named units removed and redesignated
• Storage Spaces 66 through 93 added; some full height (FH)
• Purchase prices, square footage, common interests, and common charges updated in Schedule A and A-1
• NEMA 14-30 receptacle with 6 kW electric vehicle charging installed at each parking space
• Two parking spaces in single stacker offered for combined price of $200,000.00
• First-year budget revised from $1,309,374.19 to $1,270,871.47 plus $88,162.48 sponsor-funded replacement reserves
• Resident Manager Unit changed to Unit 315 with transfer price of $1,075,000
• Reserve Fund requirement set at $93,162.48 for first year, increasing 10% annually, with sponsor funding any shortfall
• Schedule A prices increased for 31 homes (median +3.1%): 301 $1,380,000 → $1,395,000; 305 $605,000 → $625,000; 306 $585,000 → $605,000; 401 $1,400,000 → $1,425,000; ...
• Schedule A prices decreased for 5 homes (median -3.4%): 315 $1,100,000 → $1,050,000; 415 $1,120,000 → $1,075,000; 515 $1,140,000 → $1,125,000; PH 1103 $3,800,000 → $3,700,000; ...