THE CONDO BOOK PROJECT

137 Carlton Avenue Condominium

137 Carlton Avenue, Brooklyn, NY 11205

Overview

Units
6 residential
Subway
11 min walk to Fulton St GClinton-Washington Avs G, 12 min
Developer
Gama Holdings
Principals
Simon Elias
Average $/sf
$1,535Homes in Schedule A, as first offered
Offering price
$9.82 million total $9.7 million when first offered

The sponsor of record is 137 Carlton LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 322 pages. The sponsor has filed 4 amendments, the latest in December 2025. The nearest other condo plan on file is 135 Carlton Avenue Condominium, next door.

Plan CD210085 · New · accepted Jun 30, 2021 · AG record ↗

Compare

FigureThis building1625 Warren24 units · 0.9 miaccepted 2021Two Fifty Six North Ninth Street310 units · 1.9 miaccepted 2021
Common ChargesPer Square Foot / Month$0.60Highest$0.44$0.42
Average Offering PricePer Apartment$1.66MLowest$2M$1.99M
Average PricePer Square Foot$1,535In line$1,649$1,530
Property TaxesPer Square Foot / Month$0.59In line$0.71$0.45
Average Unit SizeSquare Feet1,082 SFSmaller1,213 SF1,300 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 625 Warren and Two Fifty Six North Ninth Street, cited to the offering plans. No credit card required.

Create a free account
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.

Closings Pro

Homes closed50% of the homes in Schedule A3 of 6
Closing prices vs. Schedule A3 homes: $4,760,000 at closing against $5,050,000 in Schedule A (p. 31)−5.7%
Average closing price3 homes, on their Schedule A square feet$1,302 / SF
Closingsfirst and latest recordedAug 22, 2023 – Nov 13, 2025

Sales recorded with the Department of Finance (ACRIS) through May 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 3 closings
HomeRecordedClosing priceSchedule ADifference
5AAug 22, 2023$1,750,000$1,750,000 p. 310%
4ADec 12, 2024$1,685,000$1,675,000 p. 31+0.6%
3ANov 13, 2025$1,325,000$1,625,000 p. 31−18.5%

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
137 Carlton LLC
Developer
Gama Holdings
Principals
Simon Elias
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

Nearby