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.
- 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
- 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
Basis
Party 1 on ACRIS mortgage docs 2025121600613005 and 006, listed c/o Landau Properties.
Basis
Party 2 on ACRIS mortgage docs 2025121600613005 and 006, listed c/o Northwind Group.
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
Sources & Recordsverification, citations & data notes
- ACRIS mortgage 2025121600613005 — NYC Department of Finance (ACRIS)
- ACRIS mortgage 2025121600613006 — NYC Department of Finance (ACRIS)
- ACRIS Deed 2025121600613001 — NYC Department of Finance (ACRIS)
- ACRIS Assignment of Leases and Rents 2025121600613007 — NYC Department of Finance (ACRIS)