654 Katan Pavilion Condominium
654 Jeffrson Avenue, Brooklyn, NY 11221
Overview
654 Katan Pavilion is a new 8-unit condo in Brooklyn.
- Offering plan: Accepted July 2025 · 284 pages · floor plans on page 101
- Finishes: Engineered wood floors, quartz kitchen countertops, Tafisa cabinets, Café appliances, washer/dryer hook-ups, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,189 a square foot on average, as first offered; $8.54 million in all ($8.37 million when first offered)
- Common charges: $230–$421 a month, the sponsor's first-year estimate
- Developer: AD Restoration and Builders Corp; principals Eduard Katanov, Ardit Dekaj, Moshe Levi and Roie Rebeyev
- Sponsor: 654 Jefferson LLC, represented by Eial Girtz, PC
- Neighborhood: Bedford-Stuyvesant, Brooklyn
- Subway: 9-minute walk to Utica Av (A, C); 15 minutes to Gates Av (J, Z)
- Amendments: 2, the latest in June 2026
- Units
- 8 residential
- Neighborhood
- Bedford-Stuyvesant, Brooklyn
- Subway
- 9 min walk to Utica Av A CGates Av J Z, 15 min
- Developer
- AD Restoration and Builders Corp
- Principals
- Eduard Katanov, Ardit Dekaj, Moshe Levi, Roie Rebeyev
- Average $/sf
- $1,189Homes in Schedule A, as first offered
- Common charges
- $230–$421 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 To December 31, 2026
- Offering price
- $8.54 million total $8.37 million when first offered
- Floor plans
- Page 101 of the plan
- SubmittedDecember 2025
- AcceptedJuly 2025
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
6 of 8homes sold (75%)
From city records (ACRIS), through Sep 30, 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 654 Katan Pavilion'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 | 366 Harman28 units · 1.3 miaccepted 2025 | 259 Halsey38 units · 0.6 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.35Lowest | $0.60 | $0.54 |
| Average Offering PricePer Apartment | $1.08MIn line | $776,071 | $1.09M |
| Average PricePer Square Foot | $1,189Below peers | $1,192 | $1,244 |
| Average Unit SizeSquare Feet | 910 SFLarger | 651 SF | 874 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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Dec 26, 2025
Plan declared effective with three units repriced, square footage adjustments to all units reflecting as-built conditions, and increased property taxes for 2026–2027.
- Plan declared effective December 19, 2025 based on 2 units (25% of 8 units) under contract
- Unit 1B price increased from $1,225,000.00 to $1,295,000.00
- Unit 3A price increased from $999,000.00 to $1,095,000.00
- Unit 3B price increased from $999,000.00 to $1,125,000.00
- All 8 units have square footage adjustments reflecting as-built conditions
- Temporary Certificate of Occupancy issued February 13, 2026
- 2026–2027 property tax liability projected at $71,130.43 (increase from prior year)
- Plan extended 6 months
- Schedule A prices increased for 3 homes (median +9.6%): 1B $1,225,000 → $1,295,000; 3A $999,000 → $1,095,000; 3B $999,000 → $1,125,000
Team
- Sponsor
- 654 Jefferson LLC
- Developer
- AD Restoration and Builders Corp
- Principals
- Eduard Katanov, Ardit Dekaj, Moshe Levi, Roie Rebeyev
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- PAI Capital Group$1.5 million loan stated in the plan
- Property report
- Jian Engineering, PLLCPrepared the plan's description of the property and its condition · Named on p. 36
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 684 Madison Street Condominium0.1 mi · 8 units · 2019
- 637 Madison Street Condominium0.1 mi · 8 units · 2024
- 714 Jefferson Avenue Condominium0.1 mi · 7 units · 2022
- 524 Halsey Condominium0.2 mi · 33 units · 2023
- 674 Hancock Street Condominium0.2 mi · 8 units · 2021
- 667 Putnam Avenue Condominium0.2 mi · 4 units · 2018
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