THE CONDO BOOK PROJECT

L'Avenue Condominium

1214 Ocean Parkway, Brooklyn, NY 11230

Overview

Units
27 residential · 34 parking
Subway
9 min walk to Avenue N FBay Pkwy F, 10 min
Principals
Yaacov Azrad, Eddie Yair, Viacheslav Levkov
Average $/sf
$2,226Homes in Schedule A, as first offered
Common charges
$953–$3,384 a monthSponsor's first-year estimate in Schedule A, JULY 1, 2026 to JUNE 30, 2027
Offering price
$143.8 million total

The sponsor of record is 1214 Ocean Parkway LLC, represented by Mekhtiyev Law Firm. The offering plan runs 342 pages. The sponsor has filed 1 amendment, the latest in September 2026. The nearest other condo plan on file is Akoya Condominium, next door.

Plan CD240361 · New · accepted Nov 13, 2025 · AG record ↗

Compare

FigureThis building1Ocean Manor237 units · 1.2 miaccepted 2026Ocean 24324 units · 1.4 miaccepted 2022
Common ChargesPer Square Foot / Month$0.78Highest$0.58$0.42
Average Offering PricePer Apartment$5.03MHighest$572,351$844,167
Average PricePer Square Foot$2,226Highest$891$941
Property TaxesPer Square Foot / Month$1.20Above peers$1.09$0.75
Average Unit SizeSquare Feet2,258 SFLargest643 SF897 SF

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Unit mix, closings, budgets, finishes and the team, against Ocean Manor and Ocean 24, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
1214 Ocean Parkway LLC
Principals
Yaacov Azrad, Eddie Yair, Viacheslav Levkov
Tax estimate
MGNY Consulting CorpPrepared the first-year real estate tax projection
Construction lender
S3 Capital$48 million loan stated in the plan

From our research: Do NYC Developers Rehire the Same Firms?

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