THE CONDO BOOK PROJECT

95 Quincy Street Condominium

95 Quincy Street, Brooklyn, NY 11238

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Overview

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

  • Offering plan: Accepted March 2022 · 314 pages · floor plans on page 4
  • Finishes: Hardwood floors, granite kitchen countertops, painted wood cabinets, Samsung and Frigidaire appliances, a washer and dryer in each apartment, Kingston Brass bathroom fittings and split-system units for heating and cooling
  • Prices: $1,319 a square foot on average, as first offered; $5.08 million in all ($3.35 million when first offered)
  • Developer: Minerva Capital Holdings LLC; principals Omri Bar-Mashiah
  • Sponsor: 95 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 April 2022
  1. SubmittedApril 2022
  2. AcceptedMarch 2022
  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 Oct 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 95 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.

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 Apr 6, 2022

Plan declared effective upon sponsor's acceptance of purchase agreements for 2 units (33.33% of units).

  • Plan declared effective
  • Sponsor accepted purchase agreements for 2 units constituting 33.33% of all units

Amendment 1 Apr 6, 2022

All unit offering prices have been revised.

  • Unit 1 (2/2.5): $1,400,000.00
  • Unit 2 (2/2): $1,225,000.00
  • Unit 3F (1/1): $590,000.00
  • Unit 3R (1/1): $625,000.00
  • Unit 4F (1/1): $610,000.00
  • Unit 4R (1/1): $625,000.00
  • Total offering prices: $5,075,000.00
What each amendment changed, line by lineSee it free →

Team

Sponsor
95 Quincy LLC
Principals
Omri Bar-Mashiah
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Quanta Finance$2.25 million loan stated in the plan
General contractor
Stellar IndustriesHeld the general construction permit on DOB job 321589802
Structural engineer
INFOCUSNamed on p. 311
MEP engineer
INFOCUSMechanical, electrical and plumbing · Named on p. 311
Property report
INFOCUSPrepared the plan's description of the property and its condition · Named on p. 147

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 95 Quincy Street's common charges high for the area? No, they're on the low side. 95 Quincy Street budgets $0.39 per square foot a month, against a $0.52 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