THE CONDO BOOK PROJECT

630 Grand Avenue Condominium

630 Grand Avenue, Brooklyn, NY 11238

Overview

Units
32 residential
Subway
7 min walk to Park Pl SEastern Pkwy-Brooklyn Museum 2 3, 9 min
Principals
Pinchos Loketch
Average $/sf
$1,570Homes in Schedule A, as first offered
Common charges
$363–$1,290 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 – June 30, 2026
Offering price
$53 million total $53 million when first offered

The sponsor of record is Prospect Grand Holdings LLC, represented by Jeffrey Zwick & Associates, PC. The offering plan runs 345 pages. The sponsor has filed 2 amendments, the latest in September 2025. The nearest other condo plan on file is 626 Grand Avenue Condominium, next door.

Plan CD240333 · New · accepted May 1, 2025 · AG record ↗

Compare

FigureThis building1Ainsley228 units · 1.6 miaccepted 2025Residences At Prospect Place318 units · 0.5 miaccepted 2025
Common ChargesPer Square Foot / Month$0.61In line$0.51$0.65
Average Offering PricePer Apartment$1.59MIn line$1.7M$1.35M
Average PricePer Square Foot$1,570Above peers$1,563$1,429
Property TaxesPer Square Foot / Month$0.82Lowest$1.45$1.14
Average Unit SizeSquare Feet1,015 SFIn line1,086 SF942 SF

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Unit mix, closings, budgets, finishes and the team, against Ainsley and Residences At Prospect Place, 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 closed100% of the homes in Schedule A32 of 32
Closing prices vs. Schedule A32 homes: $49,327,144 at closing against $50,978,000 in Schedule A (p. 31, p. 32, p. 33)−3.2%
Average closing price32 homes, on their Schedule A square feet$1,519 / SF
Closingsfirst and latest recordedSep 12, 2025 – Jul 24, 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 32 closings
HomeRecordedClosing priceSchedule ADifference
103Sep 12, 2025$789,144$850,000 p. 32−7.2%
406Oct 20, 2025$2,235,000$2,250,000 p. 33−0.7%
501Oct 22, 2025$1,680,000$1,650,000 p. 33+1.8%
205Oct 24, 2025$1,035,000$1,100,000 p. 32−5.9%
PH1Oct 27, 2025$2,465,000$2,375,000 p. 33+3.8%
306Oct 28, 2025$1,999,000$2,200,000 p. 31−9.1%
304Oct 29, 2025$1,525,000$1,595,000 p. 31−4.4%
407Nov 6, 2025$1,475,000$1,550,000 p. 33−4.8%
505Nov 13, 2025$2,497,000$2,795,000 p. 33−10.7%
301Nov 17, 2025$1,460,000$1,525,000 p. 31−4.3%
202Dec 11, 2025$1,350,000$1,425,000 p. 32−5.3%
404Dec 11, 2025$1,650,000$1,625,000 p. 33+1.5%
405Jan 15, 2026$1,140,000$1,175,000 p. 33−3%
402Jan 20, 2026$1,495,000$1,500,000 p. 33−0.3%
403Jan 29, 2026$1,515,000$1,500,000 p. 33+1%
401Feb 9, 2026$1,485,000$1,550,000 p. 33−4.2%
204Feb 17, 2026$1,515,000$1,575,000 p. 32−3.8%
504Mar 5, 2026$1,260,000$1,200,000 p. 33+5%
502Mar 11, 2026$1,615,000$1,575,000 p. 33+2.5%
503Mar 27, 2026$1,950,000$2,175,000 p. 33−10.3%
PH2Mar 31, 2026$2,725,000$2,895,000 p. 33−5.9%
206Apr 15, 2026$2,050,000$2,175,000 p. 32−5.7%
305Apr 15, 2026$1,128,000$1,150,000 p. 31−1.9%
307Apr 17, 2026$1,550,000$1,525,000 p. 31+1.6%
303Apr 30, 2026$1,450,000$1,475,000 p. 31−1.7%
203Jun 1, 2026$1,360,000$1,425,000 p. 32−4.6%
101Jun 3, 2026$825,000$899,000 p. 32−8.2%
104Jun 23, 2026$850,000$899,000 p. 32−5.5%
207Jun 24, 2026$1,450,000$1,495,000 p. 32−3%
201Jun 25, 2026$1,499,000$1,425,000 p. 32+5.2%
302Jul 6, 2026$1,415,000$1,475,000 p. 31−4.1%
102Jul 24, 2026$890,000$950,000 p. 32−6.3%

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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
Prospect Grand Holdings LLC
Principals
Pinchos Loketch
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Elite UnitedLender on the mortgage and building loan agreement recorded September 2023 in ACRIS; $26.7 million recorded

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

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