THE CONDO BOOK PROJECT

The Slope On Fifth (F.K.A The 445 Fifth Avenue Condominium)

445 5th Avenue, Brooklyn, NY 11215

Overview

Units
30 residential · 24 parking · 30 storage · 3 commercial
Subway
4 min walk to 4 Av-9 St F G R7 Av F G, 6 min
Developer
RJ Capital
Principals
Rudolf Abramov, Michael Abramov
Offering price
$71.6 million total

The sponsor of record is Abrams Holdings, LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 379 pages. The sponsor has filed 3 amendments, the latest in May 2026. The nearest other condo plan on file is 401 10th Street Condominium, next door.

Plan CD240043 · New · accepted Dec 24, 2024 · AG record ↗

Closings Pro

Homes closed77% of the homes in the plan23 of 30
Closingsfirst and latest recordedDec 30, 2025 – Jun 26, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 23 closings
HomeRecordedClosing priceSchedule ADifference
5CDec 30, 2025$2,650,000——
4CFeb 4, 2026$1,017,500one deed, 2 homes——
4IFeb 5, 2026$1,667,500one deed, 3 homes——
5FFeb 5, 2026$1,738,000one deed, 3 homes——
5HFeb 5, 2026$999,500——
5GFeb 9, 2026$1,773,000one deed, 4 homes——
4EFeb 11, 2026$2,355,000one deed, 3 homes——
3EFeb 17, 2026$1,780,000one deed, 2 homes——
4GFeb 18, 2026$1,488,000one deed, 2 homes——
PH-AFeb 18, 2026$1,750,000one deed, 2 homes——
4DFeb 25, 2026$1,050,000one deed, 2 homes——
5IFeb 26, 2026$1,670,000one deed, 2 homes——
4FMar 10, 2026$1,540,360one deed, 2 homes——
3GMar 20, 2026$1,679,000one deed, 2 homes——
4HMar 27, 2026$965,000one deed, 2 homes——
PH-CApr 2, 2026$2,575,000one deed, 2 homes——
3IApr 24, 2026$1,920,000one deed, 3 homes——
5BMay 4, 2026$1,560,000one deed, 2 homes——
PH-BJun 3, 2026$2,800,000one deed, 3 homes——
3DJun 12, 2026$2,300,000one deed, 2 homes——
3HJun 18, 2026$998,000——
3FJun 25, 2026$1,830,000one deed, 3 homes——
PH-EJun 26, 2026$1,875,000one deed, 3 homes——

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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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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
Abrams Holdings, LLC
Developer
RJ Capital
Principals
Rudolf Abramov, Michael Abramov
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Bank Leumi$8.26 million recorded

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

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