773 Greene Avenue Condominium
773 Greene Avenue, Brooklyn, NY 11221
Overview
773 Greene Avenue is a 4-unit condo in Brooklyn.
- Offering plan: Accepted February 2021 · 337 pages · floor plans on page 22
- Finishes: Hardwood floors, quartz kitchen countertops, custom wood cabinets, Fisher + Paykel, Bertazonni and Bosch appliances, a washer and dryer in each apartment, Graff bathroom fittings and split-system units for heating and cooling
- Prices: $1,127 a square foot on average, as first offered; $4.35 million in all
- Common charges: $303–$454 a month, the sponsor's first-year estimate
- Sponsor: 773 Greene Bsd LLC, represented by Jeffrey Zwick & Associates, P.C.
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 12-minute walk to Myrtle Av (J, M, Z); 13 minutes to Kosciuszko St (J)
- Amendments: 2, the latest in January 2022
- Units
- 4 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 12 min walk to Myrtle Av J M ZKosciuszko St J, 13 min
- Average $/sf
- $1,127Homes in Schedule A, as first offered
- Common charges
- $303–$454 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 - June 30, 2022
- Offering price
- $4.35 million total
- Floor plans
- Page 22 of the plan
- SubmittedMarch 2021
- AcceptedFebruary 2021
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Jul 31, 2022.
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 for 2 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 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 May 3, 2021
Plan declared effective after one unit purchase; first closing completed September 14, 2021; transfer tax law changed.
- Plan declared effective May 3, 2021 with one unit (25%) purchased
- First closing occurred September 14, 2021
- Declaration of Condominium recorded July 22, 2021
- Working capital fund of $675.56 deposited; reserve fund of $75.06
- Three unsold units retained by Sponsor; monthly taxes $982.64, common charges $1,082.15
- NYS transfer tax now calculated only on NYC transfer taxes paid by purchaser, not both
Amendment 1 Apr 13, 2021
Floor plans and unit square footages revised to reflect as-built conditions; Schedule A percentages of common interest updated; escrow account interest provisions deleted.
- Unit 2 increased from 890 SF to 902 SF; storage area allocated as LCE reduced from 46 SF to 39 SF
- Unit 3 reduced from 869 SF to 794 SF; storage area allocated as LCE increased from 39 SF to 41 SF
- Penthouse Unit 3rd floor reduced to 813 SF making total unit 966 SF instead of 1,018 SF; storage area allocated as LCE reduced from 51 SF to 47 SF
- Garden Unit cellar layout changes; 3' by 3' window well (15 SF) now shown and allocated as LCE to Garden unit
- All units remain owned by Sponsor; none closed or under contract
- Escrow account established at JP Morgan Chase Bank NA; all references to interest earned on Deposit deleted from Purchase Agreement
Team
- Sponsor
- 773 Greene Bsd LLC
- Tax estimate
- Empire Consulting Service, Inc.Prepared the first-year real estate tax projection
- Buyer's lenders
- ABC Mortgage Corp, Citibank, loanDepotThe sponsor's preferred mortgage lenders; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 7
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
- 394 Kosciuszko Street Condominium0.1 mi · 8 units · 2021
- The Brick Loft0.1 mi · 7 units · 2025
- 545 Lexington Townhouses Condominium0.2 mi · 2 units · 2021
- 935 Lafayette Avenue Condominium0.2 mi · 4 units · 2025
- 702 Green Avenue Condominium0.2 mi · 4 units · 2022
- Kps Condominium0.2 mi · 4 units · 2022
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