THE CONDO BOOK PROJECT

Govley Condominium

76 Congress Street, Brooklyn, NY 11201

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Overview

Govley is a 10-unit condo in Brooklyn, with 8 parking units.

  • Offering plan: Accepted February 2023 · 402 pages · floor plans on page 34
  • Finishes: 9-foot ceilings, hardwood floors, solid-surface kitchen countertops, Hampton Bay cabinets, GE Appliances appliances, washer/dryer hook-ups, American Standard bathroom fittings and split-system units for heating and cooling
  • Prices: $1,881 a square foot on average, as first offered; $23.1 million in all ($14.2 million when first offered)
  • Common charges: $459–$926 a month, the sponsor's first-year estimate
  • Developer: RNS Holding Inc.; principals Rusi Sanjana and Shiraz Sanjana
  • Sponsor: 76 Congress LLC, represented by Rosen Law LLC
  • Subway: 11-minute walk to Bergen St (F, G); 14 minutes to Borough Hall/Court St (2, 3, 4, 5, R)
  • Amendments: 4, the latest in December 2024
  1. SubmittedJanuary 2024
  2. AcceptedFebruary 2023
  3. 4 amendments
  4. First sale
  5. Latest sale

Sales

7 of 10homes sold (70%)
Every sale: 7 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 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 Govley'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 →

Closing Costs

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

All 9 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 4 Dec 23, 2024

Amendment updates building as-built conditions, adds roof terrace easement, confirms occupancy certificates, and extends offering plan term.

  • Two additional storage rooms added in cellar for total of 12 storage rooms
  • Unit 2A balcony reduced from 216.79 sq.ft. to 203.90 sq.ft.
  • Units 3A, 3B, 4A, 4B, 5A, 5B square footages specified
  • Unit 6A total reduced from approximately 1,474.30 sq.ft. (balconies and roof terraces reduced)
  • Unit 6B total approximately 1,460.00 sq.ft. (balconies and roof terraces reduced)
  • Temporary Certificate of Occupancy issued January 5, 2026; Final Certificate of Occupancy anticipated April 1, 2026
  • Access easement added through Unit 6B's roof terrace to exterior stair and bulkhead roof terrace
  • Offering plan term extended six (6) months

Amendment 3 Sep 5, 2024

Plan declared effective based on two unit sales, offering period extended six months.

  • Condominium plan declared effective with 2 units (20% of total) under contract
  • Offering plan term extended for six months
  • Units 3B and 3A purchased with agreements dated September 3 and September 5, 2024

Amendment 1 2024

Amendment updates the offering plan with revised Schedule A and Schedule B budgets for the 2025 calendar year and sets the anticipated first closing date.

  • First closing anticipated on or about January 1, 2025
  • Schedule A revised for January 1, 2025 through December 31, 2025
  • Schedule B – Budget revised for January 1, 2025 through December 31, 2025
  • Anticipated real estate taxes for first year of operations: $127,966
  • No tax abatement or exemption for the building
  • Offering plan term extended for six (6) months
  • No units sold to date; no purchase agreements executed
What each amendment changed, line by lineSee it free →

Team

Sponsor
76 Congress LLC
Principals
Rusi Sanjana, Shiraz Sanjana
Tax estimate
Rosen Law LLCPrepared the first-year real estate tax projection
Construction lender
Preferred Bank$8.6 million recorded
General contractor
Giron ContractingHeld the general construction permit on DOB job 322040732
Title agency
Ultimate Abstract Company of New York, Inc.The sponsor's title company for buyers; you can choose another · Agent for First American Title Insurance Company · Named on p. 100
Buyer's lender
Popular BankThe sponsor's preferred mortgage lender; you can use another · Named on p. 18

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

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The Condo Book Project Are Govley's common charges high for the area? Yes, they're on the high side. Govley budgets $0.67 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?
Free: all 28 units, every budget line, every saleSee it free