One Montague Place Brings 46 Condos to 205 Montague Street in Brooklyn Heights

Nov 1

205 Montague Street, marketed as One Montague Place, is a new-construction condo tower with 46 homes rising at the corner where Brooklyn Heights meets Downtown Brooklyn, about a 1-minute walk from the N and R at Court Street. The developer is Landau Properties, the same sponsor behind River Park, a high-end project just over Atlantic Avenue in Cobble Hill. River Park has truly hotel-like bathrooms and high-end amenities not often seen in Brooklyn, and I would expect the same here.

Where Things Stand

The offering plan for One Montague Place was submitted to the New York State Attorney General on February 2, 2026, and is awaiting acceptance. No homes are for sale yet, there is no public pricing, and reservations can't be taken. Across the 54 Brooklyn projects I've tracked from filing to acceptance since 2023, most were accepted 5 to 9 months after filing (about 7 and a half months on average), which put acceptance between roughly July and November 2026, so it could come any time now. Completion is scheduled for 2027. With larger projects, the plan is often accepted well ahead of construction, so we'll see floor plans and renderings before finished tile. Join my early access list below and you'll hear about pricing and launch timing before it reaches StreetEasy.

What We Know So Far

46 residences in a new tower, with 11 parking spaces
Marketproof lists 47 stories and about 76,000 square feet; the DOB new building permit describes a larger building, so the final size isn't settled
Likely mix: with so few homes for that many floors, expect a range that includes full-floor and multi-level homes toward the top
Offering plan filed February 2, 2026; completion scheduled for 2027
What's next: Attorney General review typically takes several months, and pricing becomes public at acceptance.

Buying in a New Development?

New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.

Read my guide to buying a new development condo →

A Closer Look at the Building

One Montague Place is not a boutique conversion; it's a full-service high-rise at the meeting point of Brooklyn Heights and Downtown Brooklyn, close to both the charm and the convenience. The dated bank building that stood here was such an eyesore that I'm personally excited for this upgrade. Homes facing east toward Cadman Plaza and the Post Office should have wide-open views and strong natural light. The amenity package, finishes and common charges will come with the accepted plan.

Brooklyn Heights Highlights

Brooklyn Heights is the borough's most historic neighborhood and home to New York City's first designated historic district. The Promenade, Brooklyn Bridge Park and the Court Street and Montague Street corridors are all close, and few addresses in Brooklyn match this one for subway access.

The N and R at Court Street, about a 1-minute walk
The 2, 3, 4 and 5 at Borough Hall, about 2 minutes
The A, C and F at Jay Street-MetroTech, about 5 minutes, and the A and C at High Street, about 7 minutes
The Promenade and Brooklyn Bridge Park, a short walk away

Katie's Take

I track every new development filing in Brooklyn, and here's how this one compares: it's the only ground-up tower in the Brooklyn Heights pipeline, where the other filings are townhouse conversions of two to four homes and the 61-home conversion at 98 Montague Street. One Clinton, a block away, finished recently and should give a rough price preview, though a brand-new tower here will naturally price above it. The premium floor plans facing south and east are always the ones that go into contract first in buildings like this, so if you want one, be on the list before launch.