THE CONDO BOOK PROJECT

406 Prospect Place Condominium offering plan

406 Prospect Place · Brooklyn, New York 11238

AG plan ID CD230044 · Accepted Oct 19, 2023

Overview

The Attorney General's record lists 406 Prospect Place Condominium at 406 Prospect Place as a rehab construction condominium with 2 residential units, plus 1 commercial unit. The sponsor is Grand Prospect Group LLC. The plan was accepted for filing in October 2023 and has 2 amendments listed.

Residential units
2
Parking units
0
Storage units
0
Commercial units
1
Accepted
Oct 19, 2023
Latest amendment
No. 2, submitted Aug 15, 2024

Coverage. Offering Plan is searchable here. 1 posted document not searched yet. Some listed amendments are not searched.

3D massing drawing of 406 Prospect Place Condominium and neighboring buildings
3D massing from NYC Building Footprints, not a photograph. The plan's building is in green.

Compare nearby condo plans

Pricing & units

Residential
2
Commercial
1
Parking
0
Storage
0
Other
0
Total units
3
Total offering price, initial
$3.05 million
Total offering price, current
$3.15 million

Unit counts and total offering price as recorded by the Attorney General. The total offering price is the sum of all units at the plan's prices, not a sale price.

Not yet extracted. Unit-by-unit prices, unit sizes and $/sf. These are in Schedule A of the plan and its amendments.

Where to look: pages headed “Schedule A”
  • Offering Plan, p. 48
  • Offering Plan, p. 66
  • Offering Plan, p. 190
  • Offering Plan, p. 270

Budget & charges

Not yet extracted. Projected first-year budget, common charges by unit and real estate tax estimates. These are in Schedule B, and later amendments may revise them.

Where to look: pages headed “Schedule B”
  • Offering Plan, p. 51
  • Offering Plan, p. 54
  • Offering Plan, p. 60
  • Offering Plan, p. 271

Team

Sponsor
Grand Prospect Group LLC
Sponsor's counsel
Marans Newman Tsolis & Nazinitsky LLC

As recorded by the Attorney General.

Not yet extracted. Architect, managing agent, selling agent and other named professionals. They are named in the plan, and an amendment can replace them.

Where to look: pages headed “Management agreement”
  • Offering Plan, p. 154

Floor plans

Where to look: pages headed “Floor plans”
  • Offering Plan, p. 48
  • Offering Plan, p. 223
  • Offering Plan, p. 300

Floor plans are drawings inside the plan PDF. Open the plan from the Attorney General's site and go to the pages listed.

Documents

Where to look: pages headed “Declaration”
  • Offering Plan, p. 24
  • Offering Plan, pp. 269–272
  • and 17 more places
Where to look: pages headed “By-laws”
  • Offering Plan, pp. 115–116
  • Offering Plan, pp. 302–303
  • and 7 more places

Amendments

The original plan may have changed. These are the amendments listed for this filing.

No.SubmittedStatusSearchable here
2Aug 15, 2024Not posted
1Nov 28, 2023—Posted, not searched yet

About this record

Source: New York State Attorney General, Real Estate Finance Bureau. The Condo Book Project is an independent research tool and is not affiliated with the Attorney General's office. Plan record last checked Sep 24, 2026; plan effective Nov 21, 2023. Offering Plan is searchable here. 1 posted document not searched yet. Some listed amendments are not searched.

Offering plans describe what was offered when filed. They do not confirm current availability, pricing, or the building's present condition. Review the source documents and later amendments before relying on anything here.

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