THE CONDO BOOK PROJECT

571 Macdonough Condominium

571 Macdonough Street, Brooklyn, NY 11233

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Overview

571 Macdonough is a 3-unit condo in Brooklyn.

  • Offering plan: Accepted October 2022 · 298 pages · floor plans on pages 185–187
  • Finishes: Hardwood floors, quartz kitchen countertops and split-system units for heating and cooling
  • Prices: $948 a square foot on average, as first offered; $2.3 million in all
  • Common charges: $404–$789 a month, the sponsor's first-year estimate
  • Sponsor: Resilience Realty, LLC, represented by Marcus Attorneys Pllc; principals Jocelyn Y. Jordan-Bartlett and Ronald A. Bartlett
  • Subway: 7-minute walk to Ralph Av (C); 11 minutes to Halsey St (J)
  • Amendments: 4, the latest in May 2026
  1. SubmittedApril 2023
  2. AcceptedOctober 2022
  3. 4 amendments

First-Year Budget

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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 plan lists what a buyer pays at closing.

All 5 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 4 May 1, 2026

Fourth Amendment extends the offering plan term and updates the projected first unit closing date to July 1, 2026, with other informational updates.

  • Projected first unit closing/commencement of condominium operations amended to on or about July 1, 2026
  • All units remain unsold as of amendment filing date; no units have closed title
  • Aggregate common charges for unsold units are $1,923.42 per month ($23,081.00 per year)
  • Aggregate real estate taxes for unsold units are $740.92 per month ($8,891.00 per year)
  • Blanket mortgage will be released and satisfied on or before first unit closing
  • New FinCEN Anti-Money Laundering Regulations for Residential Real Estate Transfer Rule effective March 1, 2026
  • Federal One Big Beautiful Act enacted July 4, 2026 with changes to real property tax and mortgage interest deductions
  • Purchasers have rescission rights if first closing does not occur within 12 months of July 1, 2026

Amendment 3 Sep 26, 2025

Plan term extended six months, Unit 3 roof area limited common element requirements clarified, and unsold unit information updated.

  • Plan term extended for six (6) months from amendment date
  • Unit 3 roof area limited common element description replaced with detailed installation and maintenance requirements
  • Unit 3 purchasers responsible for all roof deck installation costs, including architect/engineer fees
  • All three units remain unsold as of amendment filing date
  • Offering prices: Unit 1 $899,000, Unit 2 $749,000, Unit 3 $649,000
  • Annual common charges total $23,081.00; annual real estate taxes total $8,891.00
  • Budget certified for July 1, 2025 – June 30, 2026 operations

Amendment 2 Mar 14, 2025

First closing date moved to July 1, 2025; real estate taxes increased to $8,891; two units repriced; selling agent changed.

  • First unit closing/condominium operations commencement date amended to on or about July 1, 2025
  • Estimated real estate taxes for first year increased from $8,481 to $8,891 (approximately 4.9% increase)
  • Unit 2 offering price changed to $749,000
  • Unit 3 offering price changed to $649,000
  • Kim Williams at 137 Montague Street, Suite 139, Brooklyn, NY 11201 substituted as Sponsor's Selling Agent for Compass
  • Estimated tax rate changed from 20.309% to 20.085% for Building's tax class 1

Amendment 1 Apr 25, 2023

First Amendment updates the projected first unit closing date to October 1, 2023, and increases estimated first-year real estate taxes from $7,971 to $8,481.

  • Projected first Unit closing/commencement of Condominium operations amended to on or about October 1, 2023
  • Estimated real estate taxes for first year increased from $7,971 to $8,481 (approximately 6% increase)
  • Estimated taxable assessed value for 2023/2024 tax year is $41,762
  • Estimated tax rate remains at 20.309% for Building's tax class 1
  • Real estate tax projection letter prepared by Metropolitan Realty Exemptions updated
  • Purchasers may rescind if first Unit closing does not occur within twelve months following October 1, 2023
What each amendment changed, line by lineSee it free →

Team

Sponsor
Resilience Realty, LLC
Principals
Jocelyn Y. Jordan-Bartlett, Ronald A. Bartlett
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection

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Zoning

Zoning district
R6B

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

Nearby

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The Condo Book Project Are 571 Macdonough's common charges high for the area? Yes, they're on the high side. 571 Macdonough budgets $0.79 per square foot a month, against a $0.54 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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