Acquisition · Brooklyn Heights

205 Montague Street trades for $140.5M

Landau Properties' ownership entity borrowed from a Northwind Group-affiliated lender on the Brooklyn Heights site, which has since broken ground.

Street-level view of 205 Montague Street, Brooklyn, NY
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Amount
$140.5M
Type
Acquisition
Date
Dec. 2025

205 Montague Street, Brooklyn, NY

Recorded in NYC property records.

Borrower
205 Montague Property Owner, LLC
Lender
NW 205 Montague Lender LLC
Seller
205 Montague LLC
The Deal at a Glance
  • Seller: 205 Montague LLC, c/o Midtown Equities LLC, per the deed.
  • Buyer: 205 Montague Property Owner, LLC, c/o Landau Properties, per the assignment of leases and rents.
  • Lender: NW 205 Montague Lender LLC, c/o Northwind Group, per the recorded loan documents.
  • Parcel: Brooklyn Block 244, Lot 1, an office building, per city records.

Overview

205 Montague Property Owner, LLC acquired 205 Montague Street in Brooklyn Heights from 205 Montague LLC for $140,500,000, according to a deed dated Dec. 9, 2025 and recorded in city records on Dec. 29, 2025.

The buyer financed the purchase with a consolidated $113,000,000 mortgage held by NW 205 Montague Lender LLC. City records show the loan combines an existing $100,066,020 balance with $10,433,980 and $2,500,000 in new mortgages, and an assignment of leases and rents for $113,000,000 was recorded alongside it.

The property is a full-lot office building on Block 244, Lot 1, per city records. The seller's address on the deed is care of Midtown Equities LLC, and the buyer's and lender's addresses are care of Landau Properties and Northwind Group, respectively.

The recorded $140.5 million price and $113 million loan put a large sum behind a single Brooklyn Heights corner office parcel, with the buyer's address tied to Landau Properties and the lender's to Northwind Group.

Parties Involved 3 recorded

Editorial monogram for 205 Montague Property Owner, LLC — not an official logo.205
Borrower
205 Montague Property Owner, LLC
Landau Properties
Named in the record; no Hush Street entity profile yet.
Basis

Party 1 on ACRIS mortgage docs 2025121600613005 and 006, listed c/o Landau Properties.

Editorial monogram for NW 205 Montague Lender LLC — not an official logo.N2
Lender
NW 205 Montague Lender LLC
Northwind Group
Named in the record; no Hush Street entity profile yet.
Basis

Party 2 on ACRIS mortgage docs 2025121600613005 and 006, listed c/o Northwind Group.

Editorial monogram for 205 Montague LLC — not an official logo.205
Seller
205 Montague LLC
Midtown Equities LLC
Named in the record; no Hush Street entity profile yet.
Basis

Party 1 on the recorded deed (ACRIS 2025121600613001), c/o Midtown Equities LLC.

Counts and combined values are computed from Hush Street’s own published Deal records only. “Combined” is the total value of the transactions a party appears on, not capital deployed by that party, and two parties on the same transaction each reflect its full amount. Not a career or market total.

Marks shown are Hush Street editorial monograms, generated from each party’s recorded name — not official company logos.

Property & Project

Address205 Montague Street, Brooklyn, NY
NeighborhoodBrooklyn Heights
Property TypeCommercial
Project Snapshot
One Montague Place
Address 205 Montague Street, Brooklyn, NY 11201
Status Under Construction
Category Private Development — New Construction Residential Mixed Use Rental Condo
Developer Landau Properties (Jonathan Landau), Third Millennium Group (Mizrachi family), Midtown Equities
Review Track As-of-Right
Zoning Special Downtown Brooklyn District (C6 commercial base); exact subdistrict designation not independently confirmed in this pass
Read full project coverage →
Sources & Recordsverification, citations & data notes
Verification
Verified — Primary Source
Sources
  1. ACRIS mortgage 2025121600613005 — NYC Department of Finance (ACRIS)
  2. ACRIS mortgage 2025121600613006 — NYC Department of Finance (ACRIS)
  3. ACRIS Deed 2025121600613001 — NYC Department of Finance (ACRIS)
  4. ACRIS Assignment of Leases and Rents 2025121600613007 — NYC Department of Finance (ACRIS)
Amount
Purchase price as recorded on the deed. The recorded $113,000,000 consolidated loan is the financing, not the price.