THE CONDO BOOK PROJECT

Venetian Condominium

431-447 Avenue P, Brooklyn, NY 11223

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Overview

Venetian is a 33-unit condo conversion in Brooklyn, with 40 parking units and 8 commercial units.

  • Offering plan: Accepted April 2016
  • Prices: $51 million in all ($50.9 million when first offered)
  • Sponsor: 431 Avenue P Equities LLC, represented by Daniel A. Schwartzman Attorney At Law
  • Subway: 2-minute walk to Avenue P (F); 9 minutes to Kings Hwy (F)
  • Amendments: 10, the latest in August 2023
  1. SubmittedApril 2016
  2. AcceptedApril 2016
  3. 10 amendments
  4. First sale
  5. Latest sale

Sales

24 of 33homes sold (73%)
Every sale: 24 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2026.

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 →

Team

Sponsor
431 Avenue P Equities LLC
Construction lender
BankunitedLender on the mortgage and building loan agreement recorded December 2014 in ACRIS; $45.4 million recorded

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

Zoning

Zoning districts
R6A, R5The lot is split between two districts, the largest share first
Commercial overlay
C1-4
Special district
Special Ocean Parkway District (OP)

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

Nearby

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