653 Bergen Street Condominium
653 Bergen Street, Brooklyn, NY 11238
Overview
653 Bergen Street is a 7-unit condo in Brooklyn.
- Offering plan: Accepted March 2019 · 279 pages · floor plans on page 35
- Prices: $1,184 a square foot on average, as first offered; $17.8 million in all
- Common charges: $456–$776 a month, the sponsor's first-year estimate
- Sponsor: Bergen Gardens LLC, represented by Marans Weisz & Newman LLC; principals Ido Paul Amit and Yossef Ariel
- Subway: 7-minute walk to Clinton-Washington Avs (C); 8 minutes to Grand Army Plaza (2, 3)
- Amendments: 3, the latest in February 2020
- Units
- 7 residential
- Subway
- 7 min walk to Clinton-Washington Avs CGrand Army Plaza 2 3, 8 min
- Principals
- Ido Paul Amit, Yossef Ariel
- Average $/sf
- $1,184Homes in Schedule A, as first offered
- Common charges
- $456–$776 a monthSponsor's first-year estimate in Schedule A, July 1, 2019- June 30, 2020
- Offering price
- $17.8 million total
- Floor plans
- Page 35 of the plan
- SubmittedAugust 2019
- AcceptedMarch 2019
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Aug 31, 2023.
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 653 Bergen 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 1 home.
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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Feb 20, 2020
Construction completion delayed to July 1, 2020, seven storage spaces added for $15,000 each, and Unit 1 rear yard expanded.
- First Unit Closing date moved from December 31, 2019 to July 1, 2020
- Rescission rights extended to December 30, 2020 for existing purchasers; June 30, 2021 for new purchasers
- Seven licensed storage spaces added in sub-cellar at $15,000 each (one 20.90 SF, six at 13.34 SF each)
- Storage Space License legal fee $850.00 per space
- Unit 1 rear yard increased to 2,313.00 square feet from 1,631.56 square feet
- Hot water heater relocated from Unit 1 lower level to roof level
- Roofing materials updated to 2 Plys SBS Membrane with 20-year manufacturer warranty
- Plan declared effective with two units (28%) under contract
- Schedule A prices increased for 6 homes (median +10.5%): 1 $2,000,000 → $2,500,000; 2 $2,150,000 → $2,250,000; 3 $2,300,000 → $2,350,000; 4 $2,350,000 → $2,400,000; ...
Amendment 2 Oct 8, 2019
Amendment changes escrow bank, selling agent, construction completion date, first-year budget, and adds transfer tax disclosures.
- Escrow bank changed from Signature Bank to Bank Leumi at 579 Fifth Avenue
- Selling agent changed to Compass at 90 5th Avenue, Third Floor, New York
- Projected substantial completion and First Unit Closing moved from July 1, 2019 to December 31, 2019
- Rescission right deadline extended to June 30, 2020 for pre-amendment purchasers, December 30, 2020 for post-amendment purchasers
- First Year Budget updated for operations commencing December 31, 2019
- Building management corrected to The Clearstone Group (not self-managed)
- New York State transfer tax and supplemental mansion tax rates disclosed effective March 31, 2019
Amendment 1 Aug 7, 2019
Prices are set for five units in the condominium.
- Unit 7 priced at $3,500,000.00
- Unit 1 priced at $2,500,000.00
- Unit 2 priced at $2,250,000.00
- Unit 3 priced at $2,350,000.00
- Unit 4 priced at $2,400,000.00
- Unit 6 priced at $2,375,000.00
Team
- Sponsor
- Bergen Gardens LLC
- Principals
- Ido Paul Amit, Yossef Ariel
- Counsel
- Marans Weisz & Newman LLC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Bank Leumi$8.85 million recorded
- General contractor
- Pro-H DevelopmentHeld the general construction permit on DOB job 320625178
- Interior designer
- CL-OTH InteriorsReported by hlres.com
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R6, R7AThe lot is split between two districts, the largest share first
- Commercial overlay
- C1-4
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 684 Dean Street Condominiumnext door · 5 units · 2025
- Condos @ 251 St. Marksnext door · 7 units · 2023
- 550 Vanderbilt Condominiumnext door · 278 units · 2015
- Vantage238next door · 20 units · 2008
- 747 Dean Street Condominium0.1 mi · 4 units · 2024
- 873 Pacific Street Condominium0.1 mi · 8 units · 2017
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