688 6th Avenue Condominium
688 6th Avenue, Brooklyn, NY 11215
Overview
688 6th Avenue is a 3-unit condo in Brooklyn, with 1 parking unit.
- Offering plan: Accepted December 2022 · 383 pages · floor plans on page 33
- Finishes: 9'8" ceilings, hardwood floors, quartz kitchen countertops, laminate cabinets, Fisher Paykel and Bosch appliances and washer/dryer hook-ups
- Prices: $1,417 a square foot on average, as first offered; $6.45 million in all ($6.11 million when first offered)
- Sponsor: 688 6th Ave LLC, represented by Rosen Law LLC; principals Nick Barone and Ralph Barone
- Subway: 10-minute walk to 25 St (R); 10 minutes to Prospect Av (R)
- Amendments: 4, the latest in February 2024
- Units
- 3 residential · 1 parking
- Subway
- 10 min walk to 25 St RProspect Av R, 10 min
- Principals
- Nick Barone, Ralph Barone
- Average $/sf
- $1,417Homes in Schedule A, as first offered
- Offering price
- $6.45 million total $6.11 million when first offered
- Floor plans
- Page 33 of the plan
- SubmittedFebruary 2023
- AcceptedDecember 2022
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Feb 29, 2024.
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 688 6th Avenue's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 3 homes.
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 9 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 4 Feb 26, 2024
Fourth amendment confirming all units sold, permanent occupancy issued, and updating taxes and budget for 2024.
- First unit (Unit 2) closed December 29, 2023; all units sold
- Permanent Certificate of Occupancy issued March 28, 2024
- Declaration of Condominium filed December 21, 2023 as CRFN # 2023000332611
- Working capital fund $5,000.00 as of February 14, 2024
- Board of Managers: Nick Barone (President), Ralph Barone (Vice President), Gary Rosen Esq. (Secretary & Treasurer)
- Schedule A and Schedule B revised for period December 1, 2023 through November 30, 2024
- Offering plan extended by six months
- Schedule A prices increased for 2 homes (median +9.0%): 2 $1,650,000 → $1,799,000; 3 $2,250,000 → $2,399,000
Amendment 3 Dec 22, 2023
Prices of two residential units increased.
- Unit 2 price raised to $1,850,000
- Unit 3 price raised to $2,410,000
- Offering plan extended by six (6) months
Amendment 2 Oct 2, 2023
Second amendment updates building as-built conditions, confirms no gas service, specifies unit square footages and common areas, and notes a lot line window in Unit 3.
- Building uses electricity only for cooking, heating, and hot water (no gas service)
- Unit 1: cellar 1,076.00 sq. ft., first floor 1,229.00 sq. ft. (total 2,305.00 sq. ft.), with 590.00 sq. ft. yard and 153.00 sq. ft. areaway
- Unit 2: 1,386.00 sq. ft.
- Unit 3: third floor 1,393.00 sq. ft., penthouse 509.00 sq. ft. (total 1,902.00 sq. ft.), with 926.00 sq. ft. roof terraces
- Two 48.00 sq. ft. storage rooms in cellar allocated to Units 2 and 3
- Unit 3 has one lot line window that could lose light if neighboring lot is developed
- Temporary Certificate of Occupancy issued 9/22/23; Final Certificate estimated November 2023
- Offering plan extended six months from filing of this amendment
Amendment 1 Feb 3, 2023
Offering prices for two residential units increased.
- Unit 2 price raised to $1,799,000
- Unit 3 price raised to $2,399,000
- Offering plan extended by six (6) months
Team
- Sponsor
- 688 6th Ave LLC
- Principals
- Nick Barone, Ralph Barone
- Counsel
- Rosen Law LLC
- Tax estimate
- Rosen Law, LLCPrepared the first-year real estate tax projection
- General contractor
- Nicolosi BrosHeld the general construction permit on DOB job 340789800
- Property report
- Paul Lombardi, R.A.Prepared the plan's description of the property and its condition · Named on p. 130
- Title agency
- Regal Title Agency, Inc.The sponsor's title company for buyers; you can choose another · Agent for First American Title Insurance Company · Named on p. 84
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
- 289 22nd Street Condominiumnext door · 8 units · 2023
- 719 6th Avenue Condominiumnext door · 12 units · 6 parking · 2019
- Stanton On Sixth Condominiumnext door · 34 units · 18 parking · 2017
- 712 6th Avenue Condominiumnext door · 8 units · 2008
- 316 22nd Street Condominiumnext door · 9 units · 2022
- Bellrose Condominiumnext door · 40 units · 17 parking · 2026
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