76 1st Place Condominium
76 1st Place, Brooklyn, NY 11203
Overview
76 1st Place is a 5-unit condo in Brooklyn.
- Offering plan: Accepted August 2024 · 472 pages · floor plans on pages 184–189
- Finishes: Hardwood floors, quartz kitchen countertops, white shaker cabinets, Bertazzoni appliances, a washer and dryer in each apartment, HEYALAN bathroom fittings and split-system units for heating and cooling
- Prices: $1,823 a square foot on average, as first offered; $13.8 million in all
- Common charges: $550–$737 a month, the sponsor's first-year estimate
- Sponsor: 76 1st Pl. LLC, represented by Starr Associates, LLP; principals Robin Damaghi
- Subway: 4-minute walk to Carroll St (F, G); 11 minutes to Smith-9 Sts (F, G)
- Amendments: 2, the latest in February 2025
- Units
- 5 residential
- Subway
- 4 min walk to Carroll St F GSmith-9 Sts F G, 11 min
- Principals
- Robin Damaghi
- Average $/sf
- $1,823Homes in Schedule A, as first offered
- Common charges
- $550–$737 a monthSponsor's first-year estimate in Schedule A, January 1, 2025 - December 31, 2025
- Offering price
- $13.8 million total
- Floor plans
- Pages 184–189 of the plan
- SubmittedSeptember 2024
- AcceptedAugust 2024
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
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 76 1st Place's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 5 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 2 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Feb 6, 2025
First closing occurred December 18, 2024 for Unit 4; sponsor has 2 unsold units remaining with outstanding loan balance of $5,715,473.
- First closing took place December 18, 2024 for Unit 4
- Condominium Declaration recorded November 20, 2024
- Working Capital Account of approximately $4,032 established at Citizens Bank
- Monarch Realty Group Holdings, LLC appointed as Managing Agent
- Sponsor owns 2 unsold units; loan subordinated to Declaration
- Permanent Certificate of Occupancy expected within approximately 4 months from October 17, 2024
- PCO Escrow of $15,000 deposited with Escrow Agent
- First Annual Meeting to be held approximately 30 days after second anniversary of First Closing
Team
- Sponsor
- 76 1st Pl. LLC
- Principals
- Robin Damaghi
- Counsel
- Starr Associates, LLP
- Tax estimate
- Tuchman, Korngold, Weiss, Liebman & Lindemann, LLPPrepared the first-year real estate tax projection
- Construction lender
- First Realty Capital Holdings
- Structural engineer
- JIAN DENGNamed on p. 46
- MEP engineer
- Fabian Cruz PEMechanical, electrical and plumbing · Named on p. 46
- Property report
- PAUL CHRISTAKOS R.A.Prepared the plan's description of the property and its condition · Named on p. 161
- Title agency
- CORE Title Services, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 43
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 78 1st Place Condominiumnext door · 6 units · 2025
- 99 2nd Place Condominiumnext door · 4 units · 2026
- 50 1st Place Condominiumnext door · 5 units · 2018
- 78 2nd Place Condominiumnext door · 4 units · 2021
- 110 First Place Condominiumnext door · 4 units · 2023
- 446 Clinton Street Condominiumnext door · 5 units · 2022
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