THE CONDO BOOK PROJECT

271 Mcdonald Avenue Condominium

271 Mcdonald Avenue, Brooklyn, NY 11234

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Overview

271 Mcdonald Avenue is a 12-unit condo in Brooklyn, with 8 parking units.

  • Offering plan: Accepted April 2021 · 277 pages · floor plans on page 32
  • Finishes: 8'10" ceilings, hardwood floors, quartz kitchen countertops, plywood cabinets, Bosch appliances, washer/dryer hook-ups, Gerber bathroom fittings and split-system units for heating and cooling
  • Prices: $977 a square foot on average, as first offered; $13.5 million in all ($15 million when first offered)
  • Common charges: $134–$441 a month, the sponsor's first-year estimate
  • Sponsor: 3127 Ft Hamilton LLC, represented by Christine Corrado Attorney At Law; principals Roy Raineri
  • Neighborhood: Windsor Terrace, Brooklyn
  • Subway: 5-minute walk to Church Av (F, G); 6 minutes to Fort Hamilton Pkwy (F, G)
  • Amendments: 2, the latest in April 2022
  1. SubmittedSeptember 2021
  2. AcceptedApril 2021
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

12 of 12homes sold (100%)
Every sale: 12 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 31, 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 271 Mcdonald Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 12 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The plan lists what a buyer pays at closing.

All 9 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Sep 7, 2021

Plan declared effective after two residential units (15% of units offered) were placed under purchase agreements.

  • Plan declared effective as of August 30, 2021
  • Two residential units placed under purchase agreements (15% of units offered)
  • No closing until temporary certificate of occupancy issued and effectiveness amendment filed
What the amendment changed, line by lineSee it free →

Team

Sponsor
3127 Ft Hamilton LLC
Principals
Roy Raineri
General contractors
Exotic Design & Wire, KDL Construction & DevelopmentHeld the general construction permit on DOB job 321692557
Title agency
Ridge Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 121

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

Zoning

Zoning district
R5

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

Nearby

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The Condo Book Project Are 271 Mcdonald Avenue's common charges high for the area? No, they're on the low side. 271 Mcdonald Avenue budgets $0.25 per square foot a month, against a $0.34 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?