THE CONDO BOOK PROJECT

L'Avenue Condominium

1214 Ocean Parkway, Brooklyn, NY 11230

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Overview

L'Avenue is a new 27-unit condo in Brooklyn, with 34 parking units.

  • Offering plan: Accepted November 2025 · 342 pages · floor plans on page 4
  • Finishes: Engineered wood floors, granite kitchen countertops, wood veneer cabinets, Blomberg, Frigidaire and Whirlpool appliances, washer/dryer hook-ups and Waterworks bathroom fittings
  • Prices: $2,226 a square foot on average, as first offered; $143.8 million in all
  • Common charges: $953–$3,384 a month, the sponsor's first-year estimate
  • Sponsor: 1214 Ocean Parkway LLC, represented by Mekhtiyev Law Firm; principals Yaacov Azrad, Eddie Yair and Viacheslav Levkov
  • Neighborhood: Midwood, Brooklyn
  • Subway: 9-minute walk to Avenue N (F); 10 minutes to Bay Pkwy (F)
  • Amendments: 1, the latest in September 2026
  1. SubmittedSeptember 2026
  2. AcceptedNovember 2025
  3. 1 amendment

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do L'Avenue's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills.

Each home's estimate, city bills and tax breaksSee it free →

Compare

FigureThis building12518 Ocean230 units · 1.6 miaccepted 2026Ocean Manor337 units · 1.2 miaccepted 2026
Common ChargesPer Square Foot / Month$0.78In line$0.78$0.58
Average Offering PricePer Apartment$5.03MHighest$710,062$572,351
Average PricePer Square Foot$2,226Highest$950$891
Average Unit SizeSquare Feet2,258 SFLargest747 SF643 SF
Unit mix, amenities, finishes, utilities and operating costs against 2518 Ocean and Ocean ManorUnlock the rest with a free account
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.

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 9 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
1214 Ocean Parkway LLC
Principals
Yaacov Azrad, Eddie Yair, Viacheslav Levkov
Tax estimate
MGNY Consulting CorpPrepared the first-year real estate tax projection
Construction lender
S3 Capital$48 million loan stated in the plan
General contractor
MB & Son CarpentryHeld the general construction permit on DOB NOW job B00900684

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6A
Special district
Special Ocean Parkway District (OP)

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are L'Avenue's common charges high for the area? Yes, they're on the high side. L'Avenue budgets $0.78 per square foot a month, against a $0.23 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?