702 Green Avenue Condominium
702 Green Avenue, Brooklyn, NY 11221
Overview
702 Green Avenue is a 4-unit condo in Brooklyn.
- Offering plan: Accepted November 2022 · 441 pages · floor plans on page 21
- Finishes: 10-foot ceilings, hardwood floors, quartz kitchen countertops, Bosch, Wolf and Blomberg appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,181 a square foot on average, as first offered; $4.6 million in all ($3.6 million when first offered)
- Common charges: $363–$618 a month, the sponsor's first-year estimate
- Sponsor: Quantum Re LLC, represented by Mavrides Moyal Packman & Sadkin, LLP; principals Douglas Moyal, Eric Sadkin and Scott Packman
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 13-minute walk to Bedford-Nostrand Avs (G); 15 minutes to Kingston-Throop Avs (C)
- Amendments: 2, the latest in July 2023
- Units
- 4 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 13 min walk to Bedford-Nostrand Avs GKingston-Throop Avs C, 15 min
- Principals
- Douglas Moyal, Eric Sadkin, Scott Packman
- Average $/sf
- $1,181Homes in Schedule A, as first offered
- Common charges
- $363–$618 a monthSponsor's first-year estimate in Schedule A, December 1, 2022 To November 30, 2023
- Offering price
- $4.6 million total $3.6 million when first offered
- Floor plans
- Page 21 of the plan
- SubmittedDecember 2022
- AcceptedNovember 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
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 702 Green 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 4 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 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Dec 11, 2023
Amendment adds storage lockers in the Cellar and terraces on the Bulkhead, updates Schedule A with new pricing and unit information, and revises floor plans and architect's report accordingly.
- Storage lockers added: Unit 2 (10 sf), Unit 3 (33 sf), Unit 4 (32 sf) in Cellar
- Roof terraces added: Unit 2 (349 sf), Unit 4 (424 sf) on Bulkhead
- Schedule A updated with revised prices and common charges for all units
- Floor plans amended to show layout revisions to Units, Storage Lockers, Common Elements and Limited Common Elements
- Architect's Report supplemented to reflect cellar storage and roof terrace additions
- Plan effective as of delivery and execution of Purchase Agreement for one Unit (25% of four Units)
- Effective period extended for six (6) months from acceptance date by Department of Law
- Schedule A prices increased for 3 homes (median +37.5%): 1 $1,000,000 → $1,400,000; 2 $800,000 → $1,100,000; 4 $800,000 → $1,100,000
Amendment 1 Dec 1, 2022
Price increase and/or decrease applied to unsold residential units in the building.
- Unit 1 (Cellar/Basement, 2BR/2.5BA): price set at $1,400,000.00
- Unit 2 (1st Floor, 2BR/2BA): price set at $1,100,000.00
- Unit 3 (2nd Floor, 2BR/2BA): price set at $1,000,000.00
- Unit 4 (Third Floor, 2BR/2BA): price set at $1,100,000.00
- No units in contract as of amendment date
- Sponsor reserves right to revise further purchase prices and terms in accordance with Plan
Team
- Sponsor
- Quantum Re LLC
- Principals
- Douglas Moyal, Eric Sadkin, Scott Packman
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Conventus
- Property report
- INFOCUSPrepared the plan's description of the property and its condition · Named on p. 164
- Title agency
- GlobalServe Title Agency Corp.The sponsor's title company for buyers; you can choose another · Named on p. 40
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
- 545 Lexington Townhouses Condominiumnext door · 2 units · 2021
- 680 Greene Avenue Condominiumnext door · 4 units · 2022
- Kps Condominiumnext door · 4 units · 2022
- 459 Quincy Street Condominium0.1 mi · 10 units · 2020
- 773 Greene Avenue Condominium0.2 mi · 4 units · 2021
- The Brick Loft0.2 mi · 7 units · 2025
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