Macon On The Park Condominium I
762 Macon Street, Brooklyn, NY 11211
Overview
Macon On The Park Condominium I is a 7-unit condo in Brooklyn.
- Offering plan: Accepted February 2024 · 301 pages · floor plans on page 4
- Finishes: Engineered wood floors, laminate kitchen countertops, wood laminate cabinets, Bertazzoni appliances, a washer and dryer in each apartment, American Standard bathroom fittings and split-system units for heating and cooling
- Prices: $1,181 a square foot on average, as first offered; $5.51 million in all ($4.85 million when first offered)
- Common charges: $213–$522 a month, the sponsor's first-year estimate
- Sponsor: 762 Macon St LLC, represented by Eial Girtz, PC; principals Amir Tamuz and Itshak Agaelaihu
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 6-minute walk to Halsey St (J); 9 minutes to Gates Av (J, Z)
- Amendments: 2, the latest in November 2024
- Units
- 7 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 6 min walk to Halsey St JGates Av J Z, 9 min
- Principals
- Amir Tamuz, Itshak Agaelaihu
- Average $/sf
- $1,181Homes in Schedule A, as first offered
- Common charges
- $213–$522 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 To June 30, 2025
- Offering price
- $5.51 million total $4.85 million when first offered
- Floor plans
- Page 4 of the plan
- SubmittedJune 2024
- AcceptedFebruary 2024
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
7 of 7homes sold (100%)
From city records (ACRIS), through May 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 7 homes.
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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Nov 18, 2024
Plan extended 6 months; storage reassigned between units; first closings completed; financing details and operating accounts established.
- Plan extended 6 months
- Unit 2A: 33 sq. ft. limited common element storage removed
- Unit 4A: 33 sq. ft. limited common element storage added
- Declaration of Condominium recorded October 10, 2024
- Temporary Certificate of Occupancy obtained October 8, 2024; Permanent Certificate expected in approximately 6 months
- First closing (Unit 2B) November 1, 2024; Units 3A and 3B also closed; Unit 4A in contract
- Sponsor financed $4,150,000.00 from Ponce Bank; Units 2B and 3A released from mortgage
- Schedule A prices increased for 6 homes (median +4.2%): 1 $1,250,000 → $1,295,000; 2A $595,000 → $620,000; 2B $595,000 → $620,000; 3A $600,000 → $625,000; ...
Amendment 1 Jun 21, 2024
Plan extended 6 months, offering prices increased for 6 units, 421-a exemption cancelled, new escrow account established at Peapack-Gladstone Bank.
- Plan extended for 6 months
- Unit 1 price increased from $1,250,000.00 to $1,295,000.00
- Units 2A, 2B, 3A, 3B, 4A prices increased from $595,000–$600,000 to $620,000–$625,000
- 421-a tax exemption cancelled; all related references and fees deleted
- New IOLA escrow account opened at Peabank-Gladstone Bank, 500 Hills Drive, Suite 300, Bedminster, NJ 07921-1538
- Escrow signatories: Eial Girtz and Lisa Kim
- Plan declared effective June 25, 2024 based on 2 purchase agreements (28% of 7 units)
- Units 2B and 3A in contract; no units rented or occupied
Team
- Sponsor
- 762 Macon St LLC
- Principals
- Amir Tamuz, Itshak Agaelaihu
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Ponce Bank$4.15 million loan stated in the plan
- General contractor
- Ab Plus R ConstructionHeld the general construction permit on DOB NOW job B00610039
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Macon On The Park Condominium Iinext door · 7 units · 2024
- 840 Halsey Street Condominiumnext door · 3 units · 2020
- 686 Macdonough Street Condominiumnext door · 6 units · 2017
- 473 Bainbridge Street Condominium0.2 mi · 6 units · 2022
- 571 Macdonough Condominium0.2 mi · 3 units · 2022
- Chauncey0.2 mi · 13 units · 2020
Free in ChatGPT or Claude
Ask Claude or ChatGPT about Macon On The Park Condominium I
The fastest way to know any condo or co-op
Get Connected →