THE CONDO BOOK PROJECT

757 Bergen Street Condominium

757 Bergen Street, Brooklyn, NY 11238

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Overview

757 Bergen Street is a 3-unit condo in Brooklyn.

  • Offering plan: Accepted March 2019 · 323 pages · floor plans on page 24
  • Finishes: 9-foot ceilings, hardwood floors, Hotpoint appliances and washer/dryer hook-ups
  • Prices: $942 a square foot on average, as first offered; $4.85 million in all ($4.7 million when first offered)
  • Common charges: $527–$643 a month, the sponsor's first-year estimate
  • Developer: San Holdings LLC; principals Amit Stern and Assaf Cohen
  • Sponsor: 757 Bergen Jv2 LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Subway: 7-minute walk to Clinton-Washington Avs (C); 10 minutes to Park Pl (S)
  • Amendments: 2, the latest in February 2020
  1. SubmittedOctober 2019
  2. AcceptedMarch 2019
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 2022.

First-Year Budget

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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 plan lists what a buyer pays at closing.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Feb 3, 2020

Price amended for one unit.

Amendment 1 Oct 4, 2019

First closing moved to December 1, 2019; unit floor plans revised with square footage and bedroom count changes; tax projections recalculated.

  • First closing date moved to December 1, 2019
  • Unit 1: reduced from 3 bedrooms to 2 bedrooms; patio increased to 167 SF; rear yard increased to 366 SF; 74 SF terrace removed
  • Unit 2: square footage increased to 1,837.48 SF; rear yard decreased to 217 SF; terrace decreased to 216 SF; 43 SF balcony added
  • Unit 3: square footage increased to 1,946.52 SF; balcony increased to 43 SF; terraces increased to 529 SF and 535 SF
  • Assessed valuation first year of operations: $92,494.50 with taxes of approximately $19,655.08
  • Assessed valuation 2020-2021 tax year: $98,830.00 with taxes of $21,001.00
  • Units 1 and 3 under contract; purchasers consented to changes
What each amendment changed, line by lineSee it free →

Team

Sponsor
757 Bergen Jv2 LLC
Principals
Amit Stern, Assaf Cohen
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
First Niagara Bank
General contractors
TCS Construction, Emma Group Management, M RemodelingHeld the general construction permit on DOB job 320613699

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 757 Bergen Street's common charges high for the area? Yes, they're on the high side. 757 Bergen Street budgets $0.35 per square foot a month, against a $0.33 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 3 units, every budget line, every saleSee it free