2025 Ocean Avenue Condominium
2025 Ocean Avenue, Brooklyn, NY 11230
Overview
- Units
- 16 residential · 6 parking
- Subway
- 8 min walk to Kings Hwy B QAvenue M Q, 13 min
- Principals
- Michail Gutnikov
- Average $/sf
- $748Homes in Schedule A, as first offered
- Offering price
- $14.1 million total
- Floor plans
- Page 3 of the plan
The sponsor of record is 2029 Ocean Avenue LLC, represented by Law Office Of Michael Michael, Pllc. The offering plan runs 229 pages. The sponsor has filed 5 amendments, the latest in July 2024. The nearest other condo plan on file is 1656 East 21st Street Condominium, next door.
Plan CD190199 · New · accepted Oct 12, 2021 · AG record ↗
Compare
| Figure | This building1 | 1721 W. 6th215 units · 1.4 miaccepted 2021 | Aster Garden310 units · 0.8 miaccepted 2021 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.16Lowest | $0.33 | $0.54 |
| Average Offering PricePer Apartment | $860,438Highest | $720,960 | $520,500 |
| Average PricePer Square Foot | $748Below peers | $900 | $801 |
| Average Unit SizeSquare Feet | 1,150 SFLargest | 801 SF | 650 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 1721 W. 6th and Aster Garden, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 16 of 16 |
| Closing prices vs. Schedule A16 homes: $11,118,710 at closing against $13,767,000 in Schedule A (p. 26) | −19.2% |
| Average closing price16 homes, on their Schedule A square feet | $604 / SF |
| Closingsfirst and latest recorded | Nov 21, 2023 – Aug 18, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.
All 16 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2A | Nov 21, 2023 | $515,000 | $696,750 p. 26 | −26.1% |
| 1B | Nov 30, 2023 | $519,308 | $609,000 p. 26 | −14.7% |
| 1A | Dec 6, 2023 | $549,000 | $696,750 p. 26 | −21.2% |
| 2B | Dec 22, 2023 | $495,000 | $609,000 p. 26 | −18.7% |
| 7A | Dec 26, 2023 | $710,000 | $807,000 p. 26 | −12% |
| 7B | Dec 29, 2023 | $661,000 | $807,000 p. 26 | −18.1% |
| 3A | Mar 27, 2024 | $728,049 | $923,250 p. 26 | −21.1% |
| 5A | Apr 16, 2024 | $748,414 | $923,250 p. 26 | −18.9% |
| 5B | May 6, 2024 | $868,567 | $1,107,000 p. 26 | −21.5% |
| 6A | May 7, 2024 | $784,053 | $923,250 p. 26 | −15.1% |
| 6B | May 30, 2024 | $896,060 | $1,107,000 p. 26 | −19.1% |
| 2C | Jul 2, 2024 | $579,384 | $710,250 p. 26 | −18.4% |
| 3B | Nov 25, 2024 | $860,421 | $1,107,000 p. 26 | −22.3% |
| 4B | Mar 12, 2025 | $840,000 | $1,107,000 p. 26 | −24.1% |
| 1C | Jul 1, 2025 | $600,768 | $710,250 p. 26 | −15.4% |
| 4A | Aug 18, 2026 | $763,688 | $923,250 p. 26 | −17.3% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- 2029 Ocean Avenue LLC
- Principals
- Michail Gutnikov
- Tax estimate
- Moseson and Associates Corp.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1656 East 21st Street Condominiumnext door · 5 units · 4 parking · 2006
- 1997 Ocean Avenue Condominiumnext door · 12 units · 2008
- 1997 Ocean Avenue Condominiumnext door · 12 units
- Ocean Condominiumnext door · 17 units · 14 parking · 2013
- 2068 Ocean Avenue Condominiumnext door · 18 units · 10 parking · 2016
- Botanical Pavilion Condominiumnext door · 5 units