THE CONDO BOOK PROJECT

Chocolate Factory Condominium

689 Myrtle Avenue, Brooklyn, NY 11205

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Overview

Chocolate Factory is a 45-unit condo in Brooklyn.

  • Offering plan: Accepted May 2002 · 210 pages · floor plans on page 153
  • Finishes: Hardwood floors, washer/dryer hook-ups, American Standard bathroom fittings and central forced air for heating and cooling
  • Prices: $13.1 million in all
  • Sponsor: Chocolate Partners, LLC, represented by Marcus Attorneys; principals Nik Lavrinoff and Lon Bernell
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 7-minute walk to Myrtle-Willoughby Avs (G); 9 minutes to Bedford-Nostrand Avs (G)
  • Amendments: 5, the latest in January 2005
  1. SubmittedJune 2002
  2. AcceptedMay 2002
  3. 5 amendments

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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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 →

Team

Sponsor
Chocolate Partners, LLC
Principals
Nik Lavrinoff, Lon Bernell
Tax estimate
New York Advisory Services, Inc.Prepared the first-year real estate tax projection
Title agency
Rockwell Abstract LLCThe sponsor's title company for buyers; you can choose another · Named on p. 47

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

Zoning

Zoning district
M1-2/R6A
Special district
Special Mixed Use District (MX-4) (MX-4)

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

Nearby

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The Condo Book Project What does the offering plan say about subletting at Chocolate Factory? Who were Chocolate Factory's sponsor, attorney and architect?