THE CONDO BOOK PROJECT

689 Quincy Street Condominium

689 Quincy Street, Brooklyn, NY 11221

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Overview

689 Quincy Street is an 8-unit condo in Brooklyn.

  • Offering plan: Accepted July 2021 · 319 pages · floor plans on page 47
  • Finishes: 8'8" ceilings, hardwood floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $1,011 a square foot on average, as first offered; $6.05 million in all ($5.5 million when first offered)
  • Common charges: $268–$647 a month, the sponsor's first-year estimate
  • Sponsor: 689 Quincy Development LLC, represented by Marans Newman Tsolis & Nazinitsky LLC; principals Shai Birenzweig
  • Neighborhood: Bedford-Stuyvesant, Brooklyn
  • Subway: 9-minute walk to Kosciuszko St (J); 9 minutes to Gates Av (J, Z)
  • Amendments: 2, the latest in November 2022
  1. SubmittedOctober 2021
  2. AcceptedJuly 2021
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

8 of 8homes sold (100%)
Every sale: 8 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 31, 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 689 Quincy 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 8 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 5 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Nov 17, 2022

Amendment extends the offering plan term by six months and discloses post-closing status including first unit closing, certificate of occupancy, board control transfer, and unsold unit.

  • First Unit Closing occurred August 30, 2022
  • Final Certificate of Occupancy issued August 11, 2022
  • Declaration recorded April 22, 2022
  • Board control transferred to unit owners at October 5, 2022 meeting
  • Unit 3A remains unsold
  • Offering plan term extended six months from amendment date

Amendment 1 Oct 29, 2021

Amendment updates property specifications, floor plans, and tax calculation rules; declares plan effective.

  • New York State Real Estate Transfer Tax calculation revised effective July 1, 2021
  • Unit 1B: walkway finish changed from concrete to tile; bedroom enlarged from 9'x11'-2" to 9'-9"x11'-2"; living room width reduced from 18'-2" to 17'-5"
  • Units 2A and 3A: closet and door installed for washer and dryer
  • Front façade changed from brick to stucco
  • Floor plans revised for floors 1-3 to reflect unit changes and façade revision
  • Unit 2A: operable door installed between two bedrooms
  • Plan declared effective with 2 units (25% of building) under purchase agreement
  • Substantial completion November 2021; TCO expected April 2022; final PCO expected June 2022
What each amendment changed, line by lineSee it free →

Team

Sponsor
689 Quincy Development LLC
Principals
Shai Birenzweig
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
White Oak Projects$2.2 million recorded
General contractor
Brooklyn B Company GroupHeld the general construction permit on DOB job 321189922
Property report
Infocus Design & Planning P.C.Prepared the plan's description of the property and its condition · Named on p. 148

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

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The Condo Book Project Are 689 Quincy Street's common charges high for the area? No, they're on the low side. 689 Quincy Street budgets $0.52 per square foot a month, against a $0.55 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?