THE CONDO BOOK PROJECT

93 Quincy Street Condominium

93 Quincy Street, Brooklyn, NY 11238

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Overview

93 Quincy Street is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted August 2020 · 290 pages · floor plans on page 4
  • Finishes: Hardwood floors and washer/dryer hook-ups
  • Prices: $1,162 a square foot on average, as first offered; $4.38 million in all ($3.39 million when first offered)
  • Common charges: $274–$600 a month, the sponsor's first-year estimate
  • Developer: Minerva Capital Holdings LLC; principals Omri Bar-Mashiah
  • Sponsor: 93 Quincy LLC, represented by Tsyngauz & Associates, P.C.
  • Subway: 6-minute walk to Classon Av (G); 7 minutes to Bedford-Nostrand Avs (G)
  • Amendments: 2, the latest in January 2021
  1. SubmittedDecember 2020
  2. AcceptedAugust 2020
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through May 31, 2023.

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 93 Quincy 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 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 4 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Jan 14, 2021

Amendment eliminates a storage space from Unit 4R, creates three roof decks for Units 2, 3F, and 4F with defined maintenance responsibilities, and updates legal representation address.

  • Storage space removed as Limited Common Element of Unit 4R
  • Roof above 4th floor divided into three roof decks for Units 2, 3F, and 4F
  • Roof deck maintenance: structural work by Board as Common Expense; ordinary maintenance by individual unit owners
  • Final certificate of occupancy anticipated approximately April 15, 2021
  • Roof terrace maximum occupancy 15 persons total with posted signage
  • Sponsor's attorney address changed to 114 Mulberry Street, 1st fl., New York, NY 10013
  • Schedule A and Schedule B updated to reflect storage and roof deck changes

Amendment 1 Dec 24, 2020

Offering prices increased for Units 3F, 3R, 4F and 4R with revised Schedule A.

  • Unit 3F price raised to $540,000.00
  • Unit 3R price raised to $570,000.00
  • Unit 4F price raised to $545,000.00
  • Unit 4R price raised to $570,000.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
93 Quincy LLC
Principals
Omri Bar-Mashiah
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Bayport FundingLender on the mortgage and building loan agreement recorded September 2020 in ACRIS; $3.82 million recorded
General contractors
Nyb Builders, Minerva Home Restoration, Singla ConceptsHeld the general construction permit on DOB job 321191722
Property report
INFOCUSPrepared the plan's description of the property and its condition · Named on p. 287

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 93 Quincy Street's common charges high for the area? Yes, they're on the high side. 93 Quincy Street budgets $0.61 per square foot a month, against a $0.53 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 6 units, every budget line, every saleSee it free