166 Washington Avenue Condominium
166 Washington Avenue, Brooklyn, NY 11205
Overview
166 Washington Avenue is a 7-unit condo in Brooklyn.
- Offering plan: Accepted January 2025 · 367 pages · floor plans on page 13
- Finishes: 8'8" ceilings, hardwood floors, laminate kitchen countertops, Hotpoint appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,499 a square foot on average, as first offered; $9.19 million in all ($9.2 million when first offered)
- Common charges: $350–$885 a month, the sponsor's first-year estimate
- Sponsor: Lian 166 Washington LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals David Shalom
- Subway: 8-minute walk to Clinton-Washington Avs (G); 14 minutes to Classon Av (G)
- Amendments: 3, the latest in April 2026
- Units
- 7 residential
- Subway
- 8 min walk to Clinton-Washington Avs GClasson Av G, 14 min
- Principals
- David Shalom
- Average $/sf
- $1,499Homes in Schedule A, as first offered
- Common charges
- $350–$885 a monthSponsor's first-year estimate in Schedule A, Year Projected to Begin: July 1, 2025-June 30, 2026
- Offering price
- $9.19 million total $9.2 million when first offered
- Floor plans
- Page 13 of the plan
- SubmittedApril 2025
- AcceptedJanuary 2025
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
3 of 7homes sold (43%)
From city records (ACRIS), through Jun 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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
| Figure | This building1 | 772 Metropolitan29 units · 1.9 miaccepted 2025 | 744 Park Place38 units · 1.6 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.53In line | $0.81 | $0.35 |
| Average Offering PricePer Apartment | $1.31MIn line | $1.23M | $2.13M |
| Average PricePer Square Foot | $1,499Below peers | $1,526 | $1,686 |
| Average Unit SizeSquare Feet | 875 SFIn line | 805 SF | 1,261 SF |
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 plan lists what a buyer pays at closing.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Apr 22, 2026
Third amendment updates sponsor's legal representation, confirms occupancy certificates and building completion, reports sponsor retains 4 unsold units with financing details, and extends the offering plan term.
- Sponsor's attorney changed to The Law Office of Jay Lichtman P.C., 99 W Hawthrone Avenue, Suite 520, Valley Stream, NY 11580
- First unit closing occurred September 10, 2025
- Condominium Declaration recorded June 4, 2025, CRFN 2025000150017
- Temporary Certificates of Occupancy issued August 11 and November 28, 2025; Final Certificate of Occupancy issued January 2, 2026
- Sponsor owns 4 unsold residential units with $11,750.00 working capital and $1,306.00 reserve account at Chase Bank
- Sponsor relinquished board control at February 2026 unit owners' meeting; 2 of 4 board members sponsor-controlled
- Unsold units financed by CFIN 2024-1 Depositor LLC loan of approximately $1,858,000.00, maturity April 1, 2026, monthly payments $17,803.19
- Offering plan term extended 6 months from amendment date
Amendment 2 May 8, 2025
Amendment updates construction status, revises unit prices for three units, corrects structural details including lot line windows and railings, and reflects final floor plans approved by NYC DOB.
- Unit 2A offering price changed to $1,050,000
- Unit 2B offering price changed to $925,000
- Unit 4A offering price changed to $1,595,000
- Two lot line windows at penthouse level (corrected from one); each infill approximately $3,000
- All balcony railings changed to steel (not glass)
- Roof perimeter protected by parapet 3'6" above finished roof (no railings)
- Temporary Certificate of Occupancy expected July 2025; Final Certificate of Occupancy expected 3-6 months later
- Floor plans updated to match as-built conditions approved by NYC DOB on 4/7/2025; no changes to unit square footage or bedroom/bathroom count
- Schedule A prices increased for 2 homes (median +5.1%): 3B $985,000 → $1,035,000; 4B $995,000 → $1,035,000
- Schedule A prices decreased for 3 homes (median -2.4%): 2B $985,000 → $925,000; 3A $1,050,000 → $1,045,000; 4A $1,635,000 → $1,595,000
Amendment 1 Apr 1, 2025
First Amendment updates offering prices for six units, revises the operating budget and insurance coverage, extends the plan term by six months, and confirms the plan has been declared effective.
- Offering prices amended for units 2A, 2B, 3A, 3B, 4A, and 4B (ranging from $989,000 to $1,645,000)
- Property insurance coverage $3,210,000 all risk with $8,061.79 projected annual premium
- Common charges budget set at $44,185.00 annually
- Estimated real estate taxes for first year $5,137.74 (Class 1) or projected $40,859.25 post-reassessment (Class 2)
- Reserve fund set at 10% of budget ($4,420.00)
- Plan term extended six months from amendment date
- Plan declared effective April 1, 2025 with two units under purchase agreement (28% of residential units)
Team
- Sponsor
- Lian 166 Washington LLC
- Principals
- David Shalom
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Quanta Finance$3.5 million recorded
- Buyer's lender
- U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 226
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R6B, R7AThe lot is split between two districts, the largest share first
- Commercial overlay
- C2-4
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 162 Washington Avenue Condominiumnext door · 4 units · 2018
- 122 Washington Loftsnext door · 15 units · 2026
- 123 Clinton Avenue Condominiumnext door · 9 units · 2019
- 97 Waverly Avenue Condominiumnext door · 10 units · 2026
- 93 Waverly Avenue Condominiumnext door · 7 units · 2025
- 148 Clinton Avenue Condominium0.1 mi · 3 units · 2025
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