3 East Funston Ave Condominium

Key facts from 3 East Funston Ave Condominium's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

3 EAST FUNSTON AVE CONDOMINIUM

Developer / declarant

1-3 Funston LLC (Declaration p.1, 'DECLARANT: 1-3 FUNSTON)

Governing law

Article 9-B of the Real Property Law of the State of New York (Declaration, p.1, page header 'PURSUANT )

Assessments & dues

Board determines and levies monthly assessments pro-rata according to common interest; may increase or levy special assessments (Bylaws Art.II Sec.1(a) p.15; Art.VI Sec.)

Special assessments

Yes, Board may levy special assessments if required, levied and paid same manner as regular assessments (Bylaws Art.VI Sec.2 p.21-22)

Collections & liens

Unpaid Common Charges constitute a lien on Unit prior to all other liens except taxes and first mortgages; may be foreclosed like mortgage; Board shall foreclose if unpaid 90 days (Declaration Art.12 p.7; Bylaws Art.VI Se)

Reserves & fees

Up to $15 per month for delinquent Unit Owner (Bylaws Art.VI Sec.2 p.21)

Leasing & rentals

Yes, but subject to Board's right of first refusal (Bylaws Art.XI Sec.1 p.26)

Architectural approval

Yes, for exterior alterations, any structure on Common Elements, and interior alterations impairing structural soundness (Bylaws Art.VII Sec.7 p.24)

Home business

Home office permitted as 'other lawful purposes' (Bylaws Art.VII Sec.2 p.24)

Maintenance

Board responsible for maintenance, repair, replacement of Common Elements, public utility lines, snow plowing; Unit Owners responsible for interior of Unit, windows, doors, etc. except exterior surface painting and maintenance by Board; Uni (Bylaws Art.II Sec.8 p.17-18)

Insurance

Board shall obtain fire insurance with extended coverage insuring Building including all Units, covering interests of Condominium, Board, all Unit Owners and mortgagees, in amount equal to full replacement value (Bylaws Art.VI Sec.1 p.22-23)

Use restrictions

Yes, Units restricted to residential occupancy; also allowed for home office (Declaration Art.17(i) p.9; Bylaws Art.VI)

Voting & meetings

Each Unit Owner entitled to one vote per seat at meetings; for Board elections one vote per seat; each Unit appoints a Manager to vote; Sponsor may have different voting (Bylaws Art.I Sec.3,5 p.13-14)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.