THE CONDO BOOK PROJECT

63 Columbia Street Condominium

63 Columbia Street, Brooklyn, NY 11201

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Overview

63 Columbia Street is a 10-unit condo in Brooklyn, with 3 parking units and 10 storage units.

  • Offering plan: Accepted August 2022 · 350 pages · floor plans on page 7
  • Finishes: Stone kitchen countertops, Samsung appliances and a washer and dryer in each apartment
  • Prices: $1,994 a square foot on average, as first offered; $29 million in all
  • Common charges: $939–$1,713 a month, the sponsor's first-year estimate
  • Sponsor: Sds Colcon Owner LLC, represented by Marans Weisz & Newman LLC; principals Louis V. Greco Jr.
  • Subway: 11-minute walk to Bergen St (F, G); 14 minutes to Borough Hall/Court St (2, 3, 4, 5, R)
  • Amendments: 1, the latest in November 2022
  1. SubmittedNovember 2022
  2. AcceptedAugust 2022
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

7 of 10homes sold (70%)
Every sale: 7 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 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 63 Columbia 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 4 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Nov 10, 2022

Amendment adds one residential unit (3A), three parking units (PK4-PK6), one storage unit (S11), revises unit configurations, updates property taxes and transfer tax rules, and delays first closing from January 1, 2023 to July 1, 2023.

  • Added residential unit 3A ($1,660,180); total now 11 residential units, 6 parking units, 11 storage units
  • Unit 2A reduced from 3 bedrooms to 2 bedrooms; Unit 2B increased to 2 bathrooms
  • Additional terraces allocated as Limited Common Elements for units 2A, 2B, 2C
  • First Residential Closing projected by July 1, 2023 (previously January 1, 2023); rescission right extended to July 1, 2024
  • Property tax projections updated; post-completion assessment expected July 1, 2024
  • New York State Real Estate Transfer Tax revised effective July 1, 2021; transfer taxes excluded from consideration calculation
  • All unit prices listed in Schedule A
  • Schedule A prices increased for 8 homes (median +19.3%): 2B $1,520,000 → $2,118,576; 2C $1,775,000 → $2,349,312; 3B $1,631,000 → $1,977,337; 3C $1,838,000 → $2,192,691; ...
What the amendment changed, line by lineSee it free →

Team

Sponsor
Sds Colcon Owner LLC
Principals
Louis V. Greco Jr.
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
Construction lender
TIG Romspen US Master Mortgage LP$18.6 million recorded
General contractors
SDS Leonard, MJM Associates ConstrHeld the general construction permit on DOB job 320913231

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

Zoning

Zoning district
R6A

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

Nearby

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The Condo Book Project Are 63 Columbia Street's common charges high for the area? Yes, they're on the high side. 63 Columbia Street budgets $0.93 per square foot a month, against a $0.48 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 23 units, every budget line, every saleSee it free