THE CONDO BOOK PROJECT

2518 Ocean Avenue Condominium

2518 Ocean Avenue, Brooklyn, NY 11229

Overview

Units
30 residential · 8 parking
Subway
6 min walk to Avenue U QNeck Rd Q, 10 min
Developer
Dynamic Development and Construction LLC
Principals
Michael Pesochinsky, Michael Shapiro
Offering price
$19.7 million total

The sponsor of record is 2518 Ocean Ave Tower LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 339 pages. The sponsor has filed 1 amendment, the latest in July 2026. The nearest other condo plan on file is Greenwich Condominium, next door.

Plan CD250099 · New · accepted Jan 20, 2026 · AG record ↗

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
2518 Ocean Ave Tower LLC
Developer
Dynamic Development and Construction LLC
Principals
Michael Pesochinsky, Michael Shapiro
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$11.5 million loan stated in the plan

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

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