SECOND AMENDMENT TO THE CONDOMINIUM OFFERING PLAN FOR THE 355 HUMBOLDT STREET CONDOMINIUM, LOCATED AT THE 355 HUMBOLDT STREET, BROOKLYN, NEW YORK The Offering Plan dated January 4, 2017 for condominium ownership of premises located at 355 Humboldt Street, Brooklyn, New York, as heretofore amended (the Plan ), is hereby further amended by this Second Amendment as follows: 1. Attached hereto as Exhibit I is an addendum to the Architect s Report, an Architect s Certification to the addendum, and a revised set of floor plans setting forth the following changes which have been made to match the amended and approved DOB drawings: a. A common storage closet has been added in the cellar. b. There have been minor kitchen layout changes in all units. c. Unit 1: i. Door to mechanical room closet now opens outward, rather than inward. ii. The door to the mudroom is now a sliding door. iii. Floor Plans showing as built ; SF decreased from 1165 to 1154. d. Unit 2: Floor Plans showing as built ; SF decreased from 1211 to 1191. e. Unit 3F: Floor Plans showing as built ; SF increased from 576 to 585. f. Unit 3R: Floor Plans showing as built ; SF decreased from 603 to 594. g. Unit 4: Floor Plans showing as built ; SF decreased from 586 to 570. h. Updated Unit Information Chart below (changes in Bold): Unit Bedrooms Bathrooms Unit SF Rear Yard SF Balcony / Terrace SF 1 2 2 1154 875 2 3 2 1191 54 3F 1 1 585 41 3R 1 1 594 89 4 2 2 970 280 i. The following changes are to the engineer report in the original offering plan: i. Split HVAC heating and cooling units will be manufactured by Fujitsu; models, unit locations, and condenser locations will be as follows: Unit / Floor 1 / 1 st 2 / 2 nd 3F / 3 rd Indoor Equipment ASU18RLF- ASU12RLFSU9RLF Outdoor Equipment AOU45RLXF- AOU36RLXFAOU24RLXF Location Model Location Model Living Room F/Bed Room R/Bed Room Living Room M/Bed Room F/Bed Room R/Bed Room Living Room Bed Room 18,000 BTU 12,000 BTU 9,000 BTU 18,000 BTU 12,000 BTU 9,000 BTU 9,000 BTU 18,000 BTU 9,000 BTU Back Yard Top of Bulkhead Top of Bulkhead AOU36RLXF AOU45RLXF AOU24RLXF
3R / 3 rd 4 / 4 th Living Room Bed Room Living Room F/Bed Room R/Bed Room 18,000 BTU 9,000 BTU 18,000 BTU 12,000 BTU 9,000 BTU Top of Bulkhead Top of Bulkhead AOU24RLXF AOU36RLXF ii. Hot water boiler type for all Units will be located in the Mechanical Room and will be model GEH50DFEJSR, 21.75 D x 59.5 H. iii. Windows shall be single hung, not double as previously specified (casement, fixed, swing) iv. Unit entry doors shall be of hallowed steel not of hardened wood as previously specified. (KD Frame and Door/ F.P.S.C. 90 Minute Steel Door, hardware: Cal- Royal (NM Services) v. The hookups for dryers will be electric, not gas as previously stated. Sponsor will not be providing actual dryers. All Units to be equipped with hookup. vi. There will be a sewage pump located in the cellar of the building, contrary to what was previously stated. vii. The exterior wall finishes of the building will be as follows: 1. Front façade will be of brick from the 1 st to 3 rd floors, with TecWood on the 4 th floor. 2. Rear façade will be of stucco cement fabrication. 3. Sides of building will be of vinyl siding. 2. The Schedule A in the Plan incorrectly stated that Unit 1 shall be allocated accessory space in the cellar (462 sf). The Floor Plans however, listed the space as common element. Attached as Exhibit II is a revised Schedule A removing the cellar space from Unit 1 to match the floor plans. The revised Schedule A also incorporates the changes above. 3. Attached as Exhibit III is a new 339-i letter. 4. The term of the Offering Plan is hereby extended for a period of six (6) months from the date hereof. 5. Other than as set forth above, there are no other material changes in the terms of this Offering Plan. Dated: SPONSOR: 355 Humboldt Street LLC 101 Broadway, Suite 500 Brooklyn, NY 11249 2
EXHIBIT I
EXHIBIT II
Approx. Outdoor/ Uninhabitable/ Projected Projected Limited Projected Real Real Projected Approx. Common No. of Percent Monthly Estate Estate Carrying Unit Floor Floor Bedooms/ Offering Common Common Taxes Taxes Charges No. Location Area Area Bathrooms Price Interest Charges (Monthly) (Annual) (Monthly) (1) (1) (1) (2) (3) (4) (5) (5) (6) 1 1st Floor 1154 875 2/2 $1,395,000.00 27.26% $527.48 $943.17 $11,318.03 $1,470.65 2 2nd Floor 1191 54 3/2 $1,395,000.00 24.75% $478.91 $856.33 $10,275.91 $1,335.24 3F 3rd Floor 585 41 1/1 $699,000.00 12.38% $239.55 $428.34 $5,140.03 $667.89 3R 3rd Floor 594 89 1/1 $715,000.00 12.93% $250.20 $447.37 $5,368.38 $697.56 4 4th Floor 970 280 2/2 $1,295,000.00 22.68% $438.86 $784.71 $9,416.47 $1,223.56 4,494 1,339 $5,499,000.00 100.00% $1,935.00 $3,459.90 $41,518.82 $5,394.90 5 Residential Units Offered for Sale As per the 2nd Amendment to The Plan SCHEDULE A OFFERING PRICES AND RELATED INFORMATION The 355 Humboldt Street Condominium 355 Humboldt Street, Brooklyn, NY 11211 Year Projected to Begin: June 1, 2017 Note: Unit 1 is allocated the Rear Yard (875 sf) as a Limited Common Element. See 'Floor Plans'. Note: Unit 2 is allocated a Terrace (54 sf) as Limited Common Element. See 'Floor Plans'. Note: Unit 3F is allocated a Balcony (41 sf) as a Limited Common Element. See 'Floor Plans'. Note: Unit 3R is allocated a Terrace (89 sf) as a Limited Common Element. See 'Floor Plans'. Note: Unit 4 is allocated two (2) Terraces (114 + 166 sf) as a Limited Common Element. See 'Floor Plans'. Note: At closing, each Purchaser shall deposit an Initial Capital Payment equal to two (2) months' estimated monthly common charges for the unit. See Section "Working Capital Fund." Note: At closing, each Purchaser shall pay an additional $3,500.00 to defray Sponsor's costs of forming the condominium. See Section "Unit Closing Costs and Adjustments." Note: Purchasers are advised that the below-grade cellar space which includes equipment spaces, may not be used for any residential uses including bedroom, dining room or any other use considered to be a habitable space as defined by the New York City Building Code. Any use of the cellar as a living or sleeping space may result in a violation ebing issued against the Building and/or the imposition of fines against the Building. Note: The Balconies/Terraces may not be used for any type of occupancy-including but not limited to sleeping, living room, recreation, office, etc. To do so may result in a violation against the building being issued by the Buildings Department.
EXHIBIT III