THE CONDO BOOK PROJECT

622 Myrtle Avenue Condominium

622 Myrtle Avenue, Brooklyn, NY 11205

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Overview

Units
6 residential
Subway
9 min walk to Classon Av GBedford-Nostrand Avs G, 10 min
Principals
Joel Schwartz, Shaindy Schwartz
Average $/sf
$1,299Homes in Schedule A, as first offered
Offering price
$9.28 million total $5.8 million when first offered

The sponsor of record is Myrtle Flats LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 306 pages. The sponsor has filed 2 amendments, the latest in May 2026. The nearest other condo plan on file is 906 Kent Avenue Condominium, next door.

Plan CD210185 · New · accepted May 9, 2024 · AG record ↗

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FigureThis building1Belle Grove24 units · 0.8 miaccepted 2024118 Madison34 units · 0.7 miaccepted 2024
Common ChargesPer Square Foot / Month$0.45In line$0.44$0.57
Average Offering PricePer Apartment$1.55MIn line$1.52M$1.77M
Average PricePer Square Foot$1,299In line$1,233$1,407
Average Unit SizeSquare Feet1,191 SFSmaller1,233 SF1,261 SF

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Unit mix, closings, budgets, finishes and the team, against Belle Grove and 118 Madison, 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.

Closings Pro

Homes closed0% of the homes in Schedule A0 of 6

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.

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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
Myrtle Flats LLC
Principals
Joel Schwartz, Shaindy Schwartz
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Conventus$2.16 million recorded

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

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