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Plan ID: C880089 Occupied: RESIDENTIAL
Name: 125 OCEAN AVENUE * Eviction: NON-EVICTION
Address: 125 OCEAN AVENUE Initial Price: $3,999,000.00
BROOKLYN, NY 11225 Current Price: $22,628,720.00
Boro/County: BROOKLYN Submitted Date: 03/02/1988
Location Code: BROOKLYN Withdrawn Date:
Type: COOPERATIVE Rejected Date:
Construction: CONVERSION Reviewed Date: 01/09/1989
Units: 64 Accepted Date: 01/09/1989
Review Attorney: DEMARIO K Abandoned Date:
Action: ACCEPTED Effective Date: 10/27/1989
CPS-10 Certification Filed: 08/06/2018

Amendment No:40Submitted Date:03/12/2026Next Amendment
Review Attorney:BREATON JReviewed Date:04/17/2026 
Review Engineer: Action:ACCEPTED 
Contents*Click here to view the amendment codes key.:11; CHANGE IN PRICE $3,538,300; NEW TOTAL OFFERING PRICE $22,628,720; REVIEWED 4/17/2026; SPONSOR FINANCIAL DISCLOSURE ITEMS; NEW SPONSOR / PRINCIPAL(S) / SELLING AGENT; 73- FINANCIAL STATEMENT YEAR 2020-2023; 72; NEW ATTORNEY / LAW FIRM / ESCROW AGENT; FINCEN DISCLOSURES; NEW MANAGING AGENT; NEW ESCROW AGREEMENT & ESCROW DISCLOSURES; REVISED PURCHASE AGREEMENT; BUY-OUT AGREEMENT; SMOKING POLICY AND LEAD BASED PAINT DISCLOSURE; OBBBA DISCLOSURE; (12) Previous Amendment

Building Info

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Plan ID: C880089
Number of Units
Commercial 0
Parking 0
Professional 0
Resort 0
Residential 0
•Regulated 0
•Non-Regulated 0
Storage 0
Other 0
Total 0
Project Name: 125 OCEAN AVENUE *
 
Building Type: Coop 
Residential Conversion: Non-Eviction 
Residential Vacant:  
Commercial:  
 
 
 

Statistical Record

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Plan ID: C880089
Project Name: 125 OCEAN AVENUE *
Address: 125 OCEAN AVENUE
BROOKLYN, NY 11225
Country: US
County: BROOKLYN
Location: BROOKLYN

Sponsor Name: EQUITY, LLC
Address: 875 MAMARONECK AVENUE
MAMARONECK, NY 10543

Law Firm: MAXX PROPERTIES
By: MELANIE B SAMUELS, ESQ.
Phone: (914) 899-8000
Address: 600 MAMARONECK AVENUE
HARRISON, NY 10528

Type of Offering: CONVERSION OF OCCUPIED BUILDING TO COOP
Plan Type: COOPERATIVE
Construction Type: CONVERSION

Principals of Sponsor

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Plan ID: C880089
Project Name: 125 OCEAN AVENUE *
Sponsor Name: EQUITY, LLC
 
No principals found for this sponsor.

Statistical Record

Plan ID:   
 
NAME OF PROJECT: 125 OCEAN AVENUE * File NO: C880089
ADDRESS: 125 OCEAN AVENUE DEPOSIT: $1,962.30
CITY: BROOKLYN REC./DATE: 08/07/1988 (#41231)
COUNTY: BROOKLYN BALANCES: $2,037.30
STATE: NY REC./DATE: 10/27/1989 (#61179)
ZIP: 11225 INIT. PP:
SPONSOR: EQUITY, LLC PP on Accep: $3,999,600.00
SPONSOR'S ATTORNEY (Firm): MAXX PROPERTIES Atty.: SAMUELS M
BY: MELANIE B SAMUELS, ESQ. PLAN REC'D:
ADDRESS: 600 MAMARONECK AVENUE ASSIGNED TO: DEMARIO K
HARRISON, NY 10528 REJECTED:
PLAN TYPE: PT18 (Occ. Coop) WITHDRAWN:
ABANDONED:
ACCEPTED: 01/09/1989
DATE EFFECTIVE: 10/27/1989
UNITS SOLD: 64

BUILDING INFORMATION

Building Type: Coop No. Units Total: 64

PRINCIPALS OF SPONSOR

No principals found for this sponsor


AMENDMENTS

No: 40 Submitted Date: 03/12/2026 Review Attorney: BREATON J
Review Date: 04/17/2026 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $3,538,300; NEW TOTAL OFFERING PRICE $22,628,720; REVIEWED 4/17/2026; SPONSOR FINANCIAL DISCLOSURE ITEMS; NEW SPONSOR / PRINCIPAL(S) / SELLING AGENT; 73- FINANCIAL STATEMENT YEAR 2020-2023; 72; NEW ATTORNEY / LAW FIRM / ESCROW AGENT; FINCEN DISCLOSURES; NEW MANAGING AGENT; NEW ESCROW AGREEMENT & ESCROW DISCLOSURES; REVISED PURCHASE AGREEMENT; BUY-OUT AGREEMENT; SMOKING POLICY AND LEAD BASED PAINT DISCLOSURE; OBBBA DISCLOSURE; (12) Receipt Number: 4025280

No: 39 Submitted Date: 06/17/2019 Review Attorney: LEPERIDES C
Review Date: 07/22/2019 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SPONSOR FINANCIAL DISCLOSURE ITEMS; NON-SPONSOR-CONTROLLED BOARD; 73- FINANCIAL STATEMENT YEAR 2016-2017; 72; FINCEN DISCLOSURES; SMOKING POLICY; NEW MANAGING AGENT (12) Receipt Number: 152141

No: 38 Submitted Date: 05/23/2018 Review Attorney: LEPERIDES C
Review Date: 07/06/2018 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72; SPONSOR FINANCIAL DISCLOSURE ITEMS; 73 FINANCIAL STATEMEN T- YEARS 2015-2016; NON-SPONSOR CONTROLLED BOARD; 99 TAX CUTS; MORTGAGE REFINANCING; NEW BOARD RESOLUTION (12) Receipt Number: 146719

No: 37 Submitted Date: 10/26/2017 Review Attorney: LEPERIDES C
Review Date: 10/26/2017 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $1,239,800; NEW TOTAL OFFERING PRICE $19,090,420; REVIEWED AS OF 11/3/17 (0) Receipt Number: 143742

No: 36 Submitted Date: 05/16/2017 Review Attorney: STEPHENS C
Review Date: 06/13/2017 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 90; 72; 73- FINANCIAL STATEMENT YEARS 2014-2015; NON-SPONSOR CONTROLLED BOARD; 99- CONTRACT OF SALE (12) Receipt Number: 141500

No: 35 Submitted Date: 05/18/2016 Review Attorney: LEE J
Review Date: 06/14/2016 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72; SPONSOR FINANCIAL DISCLOSURE ITEMS; 73- FINANCIAL STATEMENT YEAR 2014; NON-SPONSOR CONTROLLED BOARD; 99- ESCROW DISCLOSURE REVISION: ESCROW AGENT MERGED WITH ANOTHER COMPANY, BUT THE ACCOUNT IS UNCHANGED (12) Receipt Number: 136345

No: 34 Submitted Date: 07/03/2015 Review Attorney: MARTIN S
Review Date: 07/15/2015 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 90; SPONSOR FINANCIAL DISCLOSURE ITEMS; 99 AGGREGATE MONTHLY MAINTENANCE OF UNSOLD SHARES: $8,978.20, AGGREGATE MONTHLY RENT FOR UNSOLD SHARES: $13,772.16; 72 (12) Receipt Number: 131945

No: 33 Submitted Date: 12/02/2014 Review Attorney: HABER N
Review Date: 12/02/2014 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11, RG; CHANGE IN PRICE $1,693,125 NEW TOTAL OFFERING PRICE $17,850,620; FORM CD-11 ATT'ED; REVIEWED AS OF 12/5/14; (0) Receipt Number: 128876

No: 32 Submitted Date: 06/30/2014 Review Attorney: HABER N
Review Date: 07/09/2014 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72, 73 - FINANCIAL STATEMENT - 2011-2013 YEARS, NON-SPONSOR CONTROLLED BOARD, SPONSOR FINANCIAL DISCLOSURE ITEMS, 99 - MANAGING AGENT. (12) Receipt Number: 126763

No: 31 Submitted Date: 06/04/2013 Review Attorney: HABER N
Review Date: 07/08/2013 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 90, 73 - FINANCIAL STATEMENT - 2010-2011 YEARS, NON-SPONSOR CONTROLLED BOARD, ESCROW TRUST FUND REVISIONS (2012), 99 - CLOSING COSTS. (12) Receipt Number: 121797

No: 30 Submitted Date: 03/30/2012 Review Attorney: HABER N
Review Date: 04/16/2012 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72-UPDATES UPDATES BUDGET WITHOUT LETTER; 73-UPDATES FINANCIALS; 90-POST-CLOSING-STATUS OF UNSOLD SHARES/UNITS; BOARD OF DIRECTORS; 99-OTHER - MANAGING AGENT; (12) Receipt Number: 116637

No: 29 Submitted Date: 03/11/2011 Review Attorney: HABER N
Review Date: 04/15/2011 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72-UPDATES BUDGET WITHOUT LETTER; 73-UPDATES FINANCIALS; 90-POST-CLOSING-STATUS OF UNSOLD SHARES/UNITS; BOARD OF DIRECTORS; (12) Receipt Number: 111803

No: 28 Submitted Date: 03/09/2010 Review Attorney: WALLACE L
Review Date: 04/02/2010 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72-UPDATES BUDGET WITHOUTLETTER, 73-UPDATES FINANCIALS, 79-UPDATES FINANCIAL DISCLOSURE. (12) O/C -L. WALLACE 5/24/10 Receipt Number: 103865

No: 27 Submitted Date: 01/26/2009 Review Attorney: STEPHENS C
Review Date: 02/09/2009 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72-UPDATES BUDGET WITHOUT LETTER, 73-UPDATES FINANCIALS, 90-POST-CLOSING-STATUS OF UNSOLD SHARES/UNITS;BOARD OF DIRECTORS, (12) Receipt Number: 97642

No: 26 Submitted Date: 12/11/2007 Review Attorney: SCHARBACH S
Review Date: 12/26/2007 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72, 73, 79-PRICES; FINANCIAL DISCLOSURE, 90-STATUS (12) Receipt Number: 90342

No: 25 Submitted Date: 11/14/2007 Review Attorney: SCHARBACH S
Review Date: 11/14/2007 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11,RP, 11/28/07 Receipt Number: 89936

No: 24 Submitted Date: 08/09/2007 Review Attorney: SCHARBACH S
Review Date: 08/09/2007 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11,OT, 8/16/07 Receipt Number: 87990

No: 23 Submitted Date: 01/04/2007 Review Attorney: SCHARBACH S
Review Date: 01/18/2007 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11, 73, 79-SPONSR, FINL DISCL, 90-STATUS, (12) Receipt Number: 83153

No: 22 Submitted Date: 01/13/2006 Review Attorney: SCHARBACH S
Review Date: 01/31/2006 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72, 73,79-UPD SPNR FNL DSCL, 90-STATUS, 99-FLIP TAX APPR Receipt Number: 76839

No: 21 Submitted Date: 10/20/2005 Review Attorney: SCHARBACH S
Review Date: 10/20/2005 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11(RG) Receipt Number: 75534

No: 20 Submitted Date: 05/24/2005 Review Attorney: SCHARBACH S
Review Date: 05/24/2005 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11,AB Receipt Number: 73113

No: 19 Submitted Date: 03/08/2005 Review Attorney: SCHARBACH S
Review Date: 03/08/2005 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11,RG Receipt Number: 71720

No: 18 Submitted Date: 01/21/2005 Review Attorney: SCHARBACH S
Review Date: 02/03/2005 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11,72,73,79,SPONSOR FINANCIAL DISCL,90,99,PROPRIETARY LEASE Receipt Number: 70974

No: 17 Submitted Date: 08/05/2004 Review Attorney: SCHARBACH S
Review Date: 08/05/2004 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11,AB Receipt Number: 68660

No: 16 Submitted Date: 01/30/2004 Review Attorney: SCHARBACH S
Review Date: 02/23/2004 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11, 79-SPONSOR FINDISCL, 90, 99-UNDERLYING AND WRAP MORTGAGE Receipt Number: 65891

No: 15 Submitted Date: 06/20/2003 Review Attorney: SCHARBACH S
Review Date: 06/20/2003 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11 Receipt Number: 63078

No: 14 Submitted Date: 01/23/2003 Review Attorney: SCHARBACH S
Review Date: 02/14/2003 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72,73,79,SPONSOR FINANCIAL DISCL;R.E. TAXES INCREASED Receipt Number: 61460

No: 13 Submitted Date: 10/03/2002 Review Attorney: SCHARBACH S
Review Date: 10/31/2002 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11 Receipt Number: 60299

No: 12 Submitted Date: 04/16/2002 Review Attorney: SCHARBACH S
Review Date: 04/16/2002 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11 Receipt Number: 58482

No: 11 Submitted Date: 01/16/2002 Review Attorney: SCHARBACH S
Review Date: 01/24/2002 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 71,72,73,79,SPONSOR OBLIGATIONS;PURCHASE PRICES,90 Receipt Number: 57519

No: 10 Submitted Date: 01/12/2001 Review Attorney: HABER N
Review Date: 01/18/2001 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 12,73 Receipt Number: 54042

No: 9 Submitted Date: 11/12/1999 Review Attorney: DEMARIO K
Review Date: 11/17/1999 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72,73,FINANCIAL DISCL;AFFIDAVIT OF NO SALES;SPECIAL, 12 MOS Receipt Number: 49668

No: 8 Submitted Date: 09/30/1998 Review Attorney: DEMARIO K
Review Date: 10/16/1998 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 52,73,FINANCIAL DISCLOSURE;NEW SPONSOR,REPLACING FORMER SPO Receipt Number: 45701

No: 7 Submitted Date: 02/03/1992 Review Attorney: DEMARIO K
Review Date: 02/11/1992 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 71,73,99,FIN. DISCL.,352-E(2-D),NEW ATTY & TRANSF Receipt Number: 161912

No: 6 Submitted Date: 01/30/1991 Review Attorney: DEMARIO K
Review Date: 02/06/1991 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 99,MAINT. INCREASE;BY-LAWS AMENDED;NEW MANG Receipt Number: 519712

No: 5 Submitted Date: 05/18/1990 Review Attorney: DEMARIO K
Review Date: 05/23/1990 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 73,90,99,FINANCIAL DISCLOSURE, BY-LAWS AMENDED Receipt Number: 785015

No: 4 Submitted Date: 04/02/1990 Review Attorney: DEMARIO K
Review Date: 04/13/1990 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 73,90,99,SPONSOR WILL CURE ALL VIOLATIONS ETC Receipt Number: 695314

No: 3 Submitted Date: 01/11/1990 Review Attorney: DEMARIO K
Review Date: 01/18/1990 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 72,99,INCREASE AMOUNT ESCROWED FOR SHORTFALL Receipt Number: 525711

No: 2 Submitted Date: 10/19/1989 Review Attorney: DEMARIO K
Review Date: 10/27/1989 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 20,99,BY-LAWS AMENDED Receipt Number: 366120

No: 1 Submitted Date: 08/07/1989 Review Attorney: DEMARIO K
Review Date: 08/24/1989 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 73,81,82,99,DEAL AMENDMENT Receipt Number: 209018


Documents

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Please note that certain documents associated with this plan ID may not be posted below despite others being posted below. Only documents that have been prepared for posting will be posted below; additional documents may be added on an ongoing basis as they are prepared. Please also note that if more than 10 documents are posted, they will appear on multiple pages.

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C880089_125 Ocean Avenue_Amendment 40.pdf 15.725 MB