71 Cooper Street Condominium
71 Cooper Street, Brooklyn, NY 11207
Overview
71 Cooper Street is an 8-unit condo in Brooklyn.
- Offering plan: Accepted February 2018 · 288 pages · floor plans on page 26
- Finishes: 9'8" ceilings, wood floors, Maytag and Bosch appliances, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $5.13 million in all
- Common charges: $225–$347 a month, the sponsor's first-year estimate
- Developer: San Holdings LLC; principals Amit Stern and Offer Saltoon
- Sponsor: 71 Cooper Development LLC, represented by Jeffrey Zwick & Associates, P.C.
- Neighborhood: Bushwick, Brooklyn
- Subway: 4-minute walk to Chauncey St (J, Z); 8 minutes to Bushwick Av-Aberdeen St (L)
- Amendments: 3, the latest in August 2019
- Units
- 8 residential
- Neighborhood
- Bushwick, Brooklyn
- Subway
- 4 min walk to Chauncey St J ZBushwick Av-Aberdeen St L, 8 min
- Developer
- San Holdings LLC
- Principals
- Amit Stern, Offer Saltoon
- Common charges
- $225–$347 a monthSponsor's first-year estimate in Schedule A, 10/1/2018 - 9/30/2019
- Offering price
- $5.13 million total
- Floor plans
- Page 26 of the plan
- SubmittedAugust 2018
- AcceptedFebruary 2018
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2025.
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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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 →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 →The Building
Amendments
Amendment 3 Aug 2, 2019
Third Amendment discloses post-closing operations, board control transfer, budget certification, and sponsor's remaining unsold unit.
- First unit closed February 5, 2019; final certificate of occupancy issued October 30, 2018 (CO #320625631F)
- Declaration of Condominium recorded October 12, 2018 (CRFN #201900011672)
- Working capital fund $3,490.25 deposited; reserve fund $387.81 (10% of collected funds)
- Sponsor relinquished board control April 30, 2019; four board members plus one sponsor nominee
- First-year budget projects $26,189 common charges income, $23,789 operating expenses, $2,400 reserve
- Sponsor retains one unsold residential unit (Unit 4A) under contract for sale
- Sponsor's monthly obligations: $407.42 real estate taxes, $243.39 common charges; current on all payments
Amendment 2 Jan 24, 2019
Amendment updates first closing date to February 1, 2019, revises budget accordingly, adds smoking policy, records Declaration, and issues final Certificate of Occupancy.
- First closing date revised to February 1, 2019
- Budget revised and certified for updated commencement date
- Final Certificate of Occupancy issued October 30, 2018 (CO number 320625631F)
- Declaration recorded January 10, 2019 under CRFN# 2019000011672
- Smoking prohibited in indoor common areas; permitted in units and outdoor areas
- Five units under contract
- FinCEN Geographic Targeting Order reporting requirements disclosed
Amendment 1 Aug 14, 2018
The offering plan was declared effective after two units received executed purchase agreements.
- Plan declared effective as of August 14, 2018
- Two units (2A and 3A) with executed purchase agreements received, representing 25% of units
- Updated address for New York State Department of Law Real Estate Finance Bureau to 28 Liberty Street, New York, New York 10005
Team
- Sponsor
- 71 Cooper Development LLC
- Developer
- San Holdings LLC
- Principals
- Amit Stern, Offer Saltoon
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Hampton Partners$1.75 million recorded
- General contractors
- Emma Group Management, Emma Group Builders & GeneralHeld the general construction permit on DOB job 320625631
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
- 87a Cooper Street Condominiumnext door · 8 units · 2024
- Bushwick Avenue Loftsnext door · 12 units · 6 parking · 2024
- 1370 Bushwick Avenue Condominiumnext door · 10 units · 2017
- 1404 Bushwick Avenue Condominiumnext door · 10 units · 2020
- The 1009 Decatur Street Condominiumnext door · 8 units · 2026
- Eleven2 Condominium0.1 mi · 8 units · 2024
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