THE CONDO BOOK PROJECT

26 Goodwin Place Condominium

26 Goodwin Place, Brooklyn, NY 11221

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Overview

26 Goodwin Place is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted August 2020 · 277 pages · floor plans on pages 208–209
  • Prices: $946 a square foot on average, as first offered; $4.25 million in all ($4.16 million when first offered)
  • Common charges: $253–$441 a month, the sponsor's first-year estimate
  • Developer: Skyland Equities; principals Meshulam Hass
  • Sponsor: 26 Goodwin Place LLC **, represented by Jeffrey Zwick & Associates, P.C.
  • Subway: 3-minute walk to Gates Av (J, Z); 5 minutes to Kosciuszko St (J)
  • Amendments: 6, the latest in June 2026
  1. SubmittedJanuary 2022
  2. AcceptedAugust 2020
  3. 6 amendments

Sales

0 of 7homes sold (0%)

From city records (ACRIS), through Feb 28, 2026.

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 26 Goodwin Place'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 →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 5 December 2025

Plan declared effective after sponsor accepted purchase agreements for 2 of 7 units.

  • Plan declared effective
  • Two units sold (28% of 7 units offered)
  • Unit 3F purchased 11/24/25
  • Unit 4 purchased 11/3/25

Amendment 4 Sep 10, 2025

Amendment extends lender forbearance through February 20, 2026, dismisses pending lawsuit, confirms no units closed or under contract, and notes all repair work completed.

  • Lender forbearance agreement extended through February 20, 2026
  • Lawsuit (Index Number 534777/2023) dismissed for failure to bring default proceedings within one year
  • AG investigation not officially closed but no recent unanswered communications received
  • All repair work completed
  • No units have closed
  • No units are under contract

Amendment 3 Sep 19, 2024

Sponsor emerged from bankruptcy with forbearance agreement, revised budget and tax projections with new July 1, 2025 commencement date, and updated escrow and insurance arrangements.

  • Property foreclosed November 22, 2022; Sponsor filed Chapter 11 bankruptcy January 18, 2024; forbearance agreement entered May 22, 2024 requiring sale of at least 3 units by May 20, 2025
  • New commencement date July 1, 2025 with updated budget and certification
  • Budget increased $6,154.00 (23.21%); common charges now $32,668 annually
  • Water and sewer charges updated to $12.61 per HCF, estimated cost $9,570.99
  • Building insurance: $3,000,000 limit, $2,500 deductible, $1,000,000 per occurrence/$2,000,000 aggregate liability, $5,600.00 premium
  • Projected assessed valuation $406,183.00 with annual taxes of $50,773 at 12.5% rate
  • No units have closed; no units under contract
  • Escrow agent changed to Jeffrey Zwick & Associates, P.C. at 2329 Nostrand Avenue, Suite 400, Brooklyn, NY 11210

Amendment 2 Nov 10, 2022

First closing date moved to January 1, 2023; budget revised; post-construction assessed valuation decreased resulting in lower annual taxes.

  • First closing date changed to January 1, 2023
  • Post-construction assessed valuation decreased from $418,950.00 to $356,400.00
  • Annual post-completion taxes decreased from $51,393.00 to $43,720.00
  • Revised budget for year January 1, 2023 – December 31, 2023 with total expenses and income of $26,514
  • Units 1R, 3F and 4R are under contract
  • Certificate of occupancy expected within thirty days
  • Declaration expected to be recorded within forty-five days

Amendment 1 Jan 27, 2022

Plan declared effective as of January 27, 2022, with extended commencement date, revised first closing to April 1, 2022, updated budget, and pricing amendment.

  • Plan declared effective January 27, 2022 with 2 units (28.57%) under executed purchase agreements
  • First closing date revised to April 1, 2022
  • Commencement date extended 435 days plus 120 days due to Executive Order
  • Pricing for 2R unit set at $590,000.00
  • Revised budget for April 1, 2022 - March 31, 2023 period totaling $26,514 in income and expenses
What each amendment changed, line by lineSee it free →

Team

Sponsor
26 Goodwin Place LLC **
Principals
Meshulam Hass
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Hampton PartnersLender on the mortgage and building loan agreement recorded December 2016 in ACRIS; $2.85 million recorded
General contractors
Emma Group Management, W & L Group Construction, Emma Group Builders & GeneralHeld the general construction permit on DOB job 320625356

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Zoning

Zoning district
C4-3

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

Nearby

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The Condo Book Project Are 26 Goodwin Place's common charges high for the area? No, they're on the low side. 26 Goodwin Place budgets $0.50 per square foot a month, against a $0.57 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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