Cleopatra At 99 Condominium
99 Conselyea Street, Brooklyn, NY 11211
Overview
Cleopatra At 99 is a 6-unit condo in Brooklyn.
- Offering plan: Accepted November 2021 · 332 pages · floor plans on page 31
- Finishes: 10'2" ceilings, hardwood floors, quartz kitchen countertops, Bosch and Bertazzoni appliances, washer/dryer hook-ups, Kohler bathroom fittings and split-system units for heating and cooling
- Prices: $1,642 a square foot on average, as first offered; $8.27 million in all ($7.97 million when first offered)
- Common charges: $349–$701 a month, the sponsor's first-year estimate
- Developer: Geeta Overseas; principals Arti Chandok and Guarav Chandok
- Sponsor: Cleopatra Realty LLC, represented by Jeffrey Zwick & Associates, P.C.
- Neighborhood: Williamsburg, Brooklyn
- Subway: 3-minute walk to Metropolitan Av/Lorimer St (G, L); 4 minutes to Graham Av (L)
- Amendments: 3, the latest in August 2023
- Units
- 6 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 3 min walk to Metropolitan Av/Lorimer St G LGraham Av L, 4 min
- Developer
- Geeta Overseas
- Principals
- Arti Chandok, Guarav Chandok
- Average $/sf
- $1,642Homes in Schedule A, as first offered
- Common charges
- $349–$701 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 - December 31, 2022
- Offering price
- $8.27 million total $7.97 million when first offered
- Floor plans
- Page 31 of the plan
- SubmittedDecember 2022
- AcceptedNovember 2021
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 31, 2025.
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 6 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 3 Aug 2, 2023
Amendment updates post-closing disclosures, unit sales status, board composition, raises Unit 1R price to $1,650,000, changes attorney address, and notes escrow bank name change from Signature Bank to Flagstar Bank.
- Unit 1R price raised to $1,650,000.00
- First closing occurred June 12, 2023
- Final Certificate of Occupancy issued May 8, 2023
- Declaration recorded April 18, 2023
- 4 of 6 units sold; Unit 3F in contract; Unit 1R unsold
- Working capital fund of $1,399.56 deposited
- Attorney address changed to 2329 Nostrand Avenue, Suite 400, Brooklyn, NY 11210
- Escrow bank name changed to Flagstar Bank
Amendment 2 February 2023
Plan declared effective after two units (33% of six residential units) were purchased by bona fide purchasers.
- Plan declared effective based on execution of purchase agreements for two units
- Unit 2R purchased 12/13/22
- Unit 2F purchased 2/1/23
Amendment 1 Nov 30, 2022
First Closing date moved to March 1, 2023 with updated budget, taxes, unit dimensions, and finishes.
- First Closing date changed to March 1, 2023
- Assessed valuation decreased from $592,704.00 to $332,544.00 for 22/23 tax year; post-construction 23/24 taxes $44,056.63 instead of $72,707.00
- Unit 1F cellar accessory space decreased from 450 SF to 422 SF; Unit 1R increased from 519 SF to 539 SF
- Units 3F and 3R: bathrooms rearranged (3rd floor showers instead of tubs; 4th floor tubs instead of showers); laundry closet moved from 3rd to 4th floor
- Unit 2R currently under contract
- Construction substantially complete; Temporary Certificate of Occupancy expected February 2023; Final Certificate of Occupancy expected May 2023 or later
- Kitchen appliances updated: remaining units receive Bosch 800 Series refrigerator; no microwave in any unit
- Roof pavers specified as Nicolock Heritage Pewter 24"x24" concrete pavers
Team
- Sponsor
- Cleopatra Realty LLC
- Developer
- Geeta Overseas
- Principals
- Arti Chandok, Guarav Chandok
- Tax estimate
- Empire Consulting Services, Inc.Prepared the first-year real estate tax projection
- Construction lender
- USC$3.06 million recorded
- General contractor
- Five HorsemenHeld the general construction permit on DOB job 321734254
- Buyer's lender
- Wells FargoThe sponsor's preferred mortgage lender; you can use another · Named on p. 6
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
- 88 Conselyea Street Condominiumnext door · 8 units · 1 parking · 2004
- 650 Metropolitan Avenue Condominiumnext door · 8 units · 2019
- 108 Jackson Condominiumnext door · 6 units · 2020
- 74 Jackson Street Condominiumnext door · 5 units · 2024
- 145 Conselyea Street Condominium0.1 mi · 3 units · 2026
- 590 Lorimer0.1 mi · 3 units · 2023
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