59 Quincy Street Condominium
59 Quincy Street, Brooklyn, NY 11238
Overview
59 Quincy Street is a 5-unit condo in Brooklyn.
- Offering plan: Accepted April 2017 · 265 pages · floor plans on page 4
- Finishes: Hardwood floors, quartz kitchen countertops, Frigidaire appliances and washer/dryer hook-ups
- Prices: $786 a square foot on average, as first offered; $4.28 million in all ($3.3 million when first offered)
- Common charges: $169–$381 a month, the sponsor's first-year estimate
- Developer: Minerva Capital Holdings LLC; principals Omri Bar-Mashiah
- Sponsor: 59 Quincy Moc LLC, represented by Tsyngauz & Associates, P.C.
- Subway: 5-minute walk to Classon Av (G); 9 minutes to Bedford-Nostrand Avs (G)
- Amendments: 4, the latest in May 2018
- Units
- 5 residential
- Subway
- 5 min walk to Classon Av GBedford-Nostrand Avs G, 9 min
- Developer
- Minerva Capital Holdings LLC
- Principals
- Omri Bar-Mashiah
- Average $/sf
- $786Homes in Schedule A, as first offered
- Common charges
- $169–$381 a monthSponsor's first-year estimate in Schedule A, September 1, 2017 - August 31, 2018
- Offering price
- $4.28 million total $3.3 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedJuly 2017
- AcceptedApril 2017
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Nov 30, 2023.
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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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 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Jul 21, 2017
Unit 4R offering price increased to $580,000.00.
- Unit 4R offering price raised to $580,000.00
- Unit 4R projected monthly common charges updated to $183.60
- Unit 4R projected monthly real estate taxes updated to $413.21
- Unit 4R projected annual real estate taxes updated to $4,958.46
- Unit 4R projected monthly carrying charges updated to $596.81
- Unit 4R projected annual carrying charges updated to $7,161.70
- Total offering prices for all units updated to $4,276,000.00
Amendment 1 Jul 7, 2017
Sponsor increased offering prices of all units.
Team
- Sponsor
- 59 Quincy Moc LLC
- Developer
- Minerva Capital Holdings LLC
- Principals
- Omri Bar-Mashiah
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- Empire Consulting Service, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Eastern Capital Group$1.5 million loan stated in the plan
- General contractor
- Minerva Home RestorationHeld the general construction permit on DOB job 321229461
- Property report
- Wu Chen, P.E.Prepared the plan's description of the property and its condition · Named on p. 117
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
- 56 Quincy Street Condominiumnext door · 4 units · 2024
- 72 Quincy Street Condominiumnext door · 5 units · 2025
- 71 Lexington Avenue Condominiumnext door · 5 units · 2006
- 105 Lexington Avenue Condominiumnext door · 31 units · 2007
- 93 Quincy Street Condominiumnext door · 6 units · 2020
- 95 Quincy Street Condominiumnext door · 6 units · 2022
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