THE CONDO BOOK PROJECT

Cascade F Condominium

859 Myrtle Avenue, Brooklyn, NY 11206

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Overview

Cascade F is a 62-unit condo in Brooklyn, with 2 storage units and 1 commercial unit.

  • Offering plan: Accepted March 2022 · 533 pages · floor plans on page 25
  • Finishes: 9'11" ceilings, wood floors, melamine cabinets and washer/dryer hook-ups
  • Prices: $725 a square foot on average, as first offered; $82.9 million in all ($7.1 million when first offered)
  • Common charges: $331–$668 a month, the sponsor's first-year estimate
  • Sponsor: Cascade 553 LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Abraham Brach, Andor Deutsch and Max Lebowitz
  • Subway: 1-minute walk to Myrtle-Willoughby Avs (G); 7 minutes to Flushing Av (G)
  • Amendments: 2, the latest in May 2023
  1. SubmittedApril 2022
  2. AcceptedMarch 2022
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

56 of 62homes sold (90%)
Every sale: 56 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 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 Cascade F's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 9 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 3 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
Cascade 553 LLC
Principals
Abraham Brach, Andor Deutsch, Max Lebowitz
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
G4 Capital Partners
General contractors
Empire Id Construction, Ynh Construction NYHeld the general construction permit on DOB job 321042527
Buyer's lender
Fort FundingThe sponsor's preferred mortgage lender; you can use another · Named on p. 323

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

Zoning

Zoning district
R7D
Commercial overlay
C2-4

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

Nearby

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The Condo Book Project Are Cascade F's common charges high for the area? No, they're on the low side. Cascade F budgets $0.31 per square foot a month, against a $0.37 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 65 units, every budget line, every saleSee it free