THE CONDO BOOK PROJECT

245 Nostrand Avenue Condominium

245 Nostrand Avenue, Brooklyn, NY 11205

Overview

Units
2 residential · 1 commercial
Subway
1 min walk to Bedford-Nostrand Avs GMyrtle-Willoughby Avs G, 10 min
Offering price
$2.45 million total

The sponsor of record is 245 Nostrand LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 2 amendments, the latest in November 2019. The nearest other condo plan on file is 600 & 610 Dekalb Avenue Condominium, next door.

Plan CD170283 · New · accepted Apr 19, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan2 of 2
Closingsfirst and latest recordedMay 21, 2019 – Mar 18, 2025

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 2025: 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 3 closings
HomeRecordedClosing priceSchedule ADifference
2FMay 21, 2019$910,000——
3FJan 23, 2020$1,100,000——
1FMar 18, 2025$725,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
245 Nostrand LLC
Construction lender
HoutexLender on the mortgage and building loan agreement recorded October 2015 in ACRIS; $1.05 million recorded

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

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