THE CONDO BOOK PROJECT

696 Chauncey Street Condominium

696 Chauncey Street, Brooklyn, NY 11207

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Overview

696 Chauncey Street is a new 5-unit condo in Brooklyn.

  • Offering plan: Accepted July 2025 · 299 pages · floor plans on page 24
  • Finishes: Engineered wood floors, quartz kitchen countertops, laquered wood cabinets, Vissani and Hotpoint appliances, washer/dryer hook-ups, Bootz bathroom fittings and split-system units for heating and cooling
  • Prices: $1,113 a square foot on average, as first offered; $3.3 million in all
  • Common charges: $479–$1,117 a month, the sponsor's first-year estimate
  • Sponsor: 696 Chauncey Street, LLC, represented by Eial Girtz, PC; principals Aviad Rave
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 5-minute walk to Chauncey St (J, Z); 5 minutes to Bushwick Av-Aberdeen St (L)
  • Amendments: 2, the latest in January 2026
  1. SubmittedSeptember 2025
  2. AcceptedJuly 2025
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

4 of 5homes sold (80%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through May 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 696 Chauncey 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 →

Compare

FigureThis building132 Schaefer28 units · 0.2 miaccepted 2026366 Harman38 units · 1.3 miaccepted 2025
Common ChargesPer Square Foot / Month$1.08Highest$0.67$0.60
Average Offering PricePer Apartment$660,000Below peers$737,522$776,071
Average PricePer Square Foot$1,113In line$1,110$1,192
Average Unit SizeSquare Feet593 SFSmaller664 SF651 SF
Unit mix, amenities, finishes, utilities and operating costs against 32 Schaefer and 366 HarmanUnlock the rest with a free account
How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Sep 11, 2025

Amendment extends the plan for 6 months, declares it effective based on one signed purchase agreement, adds approved green roof areas, and names Serhant as selling agent.

  • Plan extended for 6 months
  • Declared effective September 9, 2025 based on one unit purchase agreement (20% of 5 units)
  • Additional PAA approved for sustainable roof zones with green roof areas totaling 354.14 sq. ft.
  • Temporary certificate of occupancy issued August 27, 2025
  • Serhant retained as selling agent
  • Units 2A and 3B in contract
  • No unit closings until amendment accepted
What the amendment changed, line by lineSee it free →

Team

Sponsor
696 Chauncey Street, LLC
Principals
Aviad Rave
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
SKS Equities$1.75 million loan stated in the plan

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

Zoning

Zoning district
R6

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

Nearby

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The Condo Book Project Are 696 Chauncey Street's common charges high for the area? Yes, they're on the high side. 696 Chauncey Street budgets $1.08 per square foot a month, against a $0.62 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?