630 Grand Avenue Condominium
630 Grand Avenue, Brooklyn, NY 11238
Overview
630 Grand Avenue is a new 32-unit condo in Brooklyn.
- Offering plan: Accepted May 2025 · 345 pages · floor plans on page 36
- Finishes: Engineered wood floors, granite kitchen countertops, Miton Cicine cabinets, Fisher & Paykel, Bosch and Miele appliances, a washer and dryer in each apartment and Grohe bathroom fittings
- Prices: $1,570 a square foot on average, as first offered; $53 million in all ($53 million when first offered)
- Common charges: $363–$1,290 a month, the sponsor's first-year estimate
- Developer: The Loketch Group; principals Pinchos Loketch
- Sponsor: Prospect Grand Holdings LLC, represented by Jeffrey Zwick & Associates, PC
- Neighborhood: Crown Heights, Brooklyn
- Subway: 7-minute walk to Park Pl (S); 9 minutes to Eastern Pkwy-Brooklyn Museum (2, 3)
- Amendments: 2, the latest in September 2025
- Units
- 32 residential
- Neighborhood
- Crown Heights, Brooklyn
- Subway
- 7 min walk to Park Pl SEastern Pkwy-Brooklyn Museum 2 3, 9 min
- Developer
- The Loketch Group
- 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
- Floor plans
- Page 36 of the plan
- SubmittedAugust 2025
- AcceptedMay 2025
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
32 of 32homes sold (100%)
From city records (ACRIS), through Aug 31, 2026.
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 630 Grand 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
| Figure | This building1 | Ainsley228 units · 1.6 miaccepted 2025 | Residences 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 | $1.34M |
| Average PricePer Square Foot | $1,570Above peers | $1,563 | $1,428 |
| Average Unit SizeSquare Feet | 1,015 SFIn line | 1,086 SF | 942 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 buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Jan 29, 2026
Storage allocation and roof terrace square footage revised for multiple units; first closing and occupancy milestones documented.
- Storage square footage reallocated for 31 units (Units 101–507, PH1–PH2)
- Roof terrace square footage reduced for Units 101–104, 207; increased for Unit 205
- First closing occurred September 12, 2025 (Units 103 and 205 have closed)
- Temporary Certificate of Occupancy issued September 12, 2025 (CO #3429727); final expected in 60–90 days
- Declaration of Condominium recorded September 8, 2025 (CRFN #2025000242879)
- Working capital fund of $18,088 deposited at Chase Bank; reserve account $421.00
- Units 207 and 307 have no lot line windows
- Sponsor retains 18 unsold units (56% of residential units)
Amendment 1 Aug 5, 2025
Plan declared effective based on five units purchased, and offering price for Unit 404 amended.
- Plan declared effective: 5 residential units (15% of 32 units) purchased
- Unit 404 offering price set to $1,650,000.00
Team
- Sponsor
- Prospect Grand Holdings LLC
- Developer
- The Loketch Group
- 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
- General contractor
- B Contractors GroupHeld the general construction permit on DOB NOW job B00853443
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R6A, R6BThe lot is split between two districts, the largest share first
- Commercial overlay
- C2-4
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 406 Prospect Place Condominiumnext door · 2 units · 2023
- 373 Prospect Place Condominiumnext door · 6 units · 2022
- 655 Washington Avenue Condominiumnext door · 10 units · 2 parking · 2008
- Villas At Prospect Placenext door · 6 units · 2017
- 349 Prospect Place Condominiumnext door · 6 units · 2021
- 457 Prospect Place Condominium0.1 mi · 8 units · 2007
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