832 Monroe Street Condominium
832 Monroe Street, Brooklyn, NY 11221
Overview
832 Monroe Street is a 7-unit condo in Brooklyn.
- Offering plan: Accepted February 2021 · 326 pages · floor plans on page 32
- Finishes: 8'7" ceilings, wood floors, quartz kitchen countertops, white shaker cabinets, Samsung appliances, washer/dryer hook-ups and split-system units for heating and cooling
- Prices: $1,019 a square foot on average, as first offered; $4.74 million in all ($4.47 million when first offered)
- Common charges: $271–$508 a month, the sponsor's first-year estimate
- Sponsor: Bkny Usa LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Ramin Baratian
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 4-minute walk to Gates Av (J, Z); 9 minutes to Halsey St (J)
- Amendments: 2, the latest in August 2021
- Units
- 7 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 4 min walk to Gates Av J ZHalsey St J, 9 min
- Principals
- Ramin Baratian
- Average $/sf
- $1,019Homes in Schedule A, as first offered
- Common charges
- $271–$508 a monthSponsor's first-year estimate in Schedule A, January 1, 2021- December 31, 2021
- Offering price
- $4.74 million total $4.47 million when first offered
- Floor plans
- Page 32 of the plan
- SubmittedMarch 2021
- AcceptedFebruary 2021
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Oct 31, 2022.
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 832 Monroe Street's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 6 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Aug 17, 2021
Amendment updates special risks disclosure regarding FinCEN reporting requirements, extends first closing deadline to October 23, 2022 due to COVID-19 tolling, declares the plan effective, confirms final Certificate of Occupancy received, and extends the plan term by six months.
- FinCEN Geographic Targeting Order reporting requirements for certain entity purchasers in transactions of $300,000 or more without bank financing (May 5, 2021 – October 31, 2021)
- First closing deadline extended to October 23, 2022 (from December 31, 2021) due to COVID-19 Executive Order tolling period of 555 days
- Plan declared effective August 2, 2021 with 2 executed Purchase Agreements representing 28% of residential units
- Building received Final Certificate of Occupancy on May 11, 2021
- Plan term extended six months from amendment date
Team
- Sponsor
- Bkny Usa LLC
- Principals
- Ramin Baratian
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- General contractors
- Dawny Construction, Mj1 ConstructionHeld the general construction permit on DOB job 320910975
- Buyer's lender
- Wells FargoThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 186
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
- 849 Madison Court Condominiumnext door · 7 units · 2022
- 864 Madison Street Condominiumnext door · 7 units · 2020
- 844 Quincy Street Condominium0.2 mi · 7 units · 2019
- 959 Madison Street Condominium0.2 mi · 8 units · 2022
- 838 Quincy Street Condominium0.2 mi · 7 units · 2019
- 803 Quincy Street Condominium0.2 mi · 8 units · 2020
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 832 Monroe Street
The fastest way to know any condo or co-op
Get Connected →