THE CONDO BOOK PROJECT

123 Meserole Avenue Condominium

123 Meserole Avenue, Brooklyn, NY 11223

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Overview

123 Meserole Avenue is a new 4-unit condo in Brooklyn.

  • Offering plan: Accepted July 2024 · 361 pages · floor plans on page 35
  • Finishes: Hardwood floors, granite kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, Grohe bathroom fittings and split-system units for heating and cooling
  • Prices: $8.7 million in all ($8.25 million when first offered)
  • Common charges: $802–$1,196 a month, the sponsor's first-year estimate
  • Sponsor: 123 Meserole Capital LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Guy Mor
  • Subway: 3-minute walk to Nassau Av (G); 5 minutes to Greenpoint Av (G)
  • Amendments: 1, the latest in March 2025
  1. SubmittedMarch 2025
  2. AcceptedJuly 2024
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Dec 31, 2025.

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 123 Meserole Avenue'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 →

Compare

FigureThis building1130 Huron24 units · 0.4 miaccepted 202458 Dupont34 units · 0.6 miaccepted 2024
Average Offering PricePer Apartment$2.17MBelow peers$2.3M$2.26M
Unit mix, amenities, finishes, utilities and operating costs against 130 Huron and 58 DupontUnlock the rest with a free account
How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closing Costs

The plan lists what a buyer pays at closing.

All 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Jan 13, 2025

First amendment eliminates natural gas service, changes Unit 4 price, updates floor plans, and revises the first-year budget and operating costs.

  • Unit 4 offering price changed to $2,950,000
  • Building switched to all-electric infrastructure; no natural gas service
  • Temporary Certificate of Occupancy expected by May 1, 2025; Final by June 1, 2025
  • Kitchen equipment changed to 30" induction cooktop (electric)
  • First year condominium operation begins July 1, 2025
  • Sponsor manages building first year for no fee; $5,300.00 fee applies Year 2
  • Janitorial services changed from twice-weekly to ad hoc basis
  • Building insurance premium $4,300.00 annually
  • Schedule A prices increased for 1 home (median +18.0%): 4 $2,500,000 → $2,950,000
What the amendment changed, line by lineSee it free →

Team

Sponsor
123 Meserole Capital LLC
Principals
Guy Mor
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection
Construction lender
Colorado Federal Savings Bank$3.69 million recorded
General contractor
Greenwood MonitoringHeld the general construction permit on DOB NOW job B00761011
Buyer's lender
U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 219

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning districts
R6B, C4-3AThe lot is split between two districts, the largest share first

Today's zoning, from city data (PLUTO 26v2).

Nearby

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