THE CONDO BOOK PROJECT

Maple Crown Condominium

537 Brooklyn Avenue, Brooklyn, NY 11225

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Overview

Units
15 residential · 8 parking · 12 storage · 1 commercial
Subway
9 min walk to Sterling St 2 5Winthrop St 2 5, 11 min
Principals
Inga Farberov
Offering price
$10.5 million total $12.5 million when first offered

The sponsor of record is 537 Brooklyn Avenue, LLC, represented by Law Offices Of Arthur Farberov. The offering plan runs 478 pages. The sponsor has filed 1 amendment, the latest in May 2026. The nearest other condo plan on file is Brooklyn Avenue Estates Iv, next door.

Plan CD250101 · New · accepted Nov 12, 2025 · AG record ↗

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FigureThis building1Ditmas 17213 units · 1.9 miaccepted 2026Park Lee Fulton311 units · 1.5 miaccepted 2024
Average Offering PricePer Apartment$831,133Above peers$733,846$785,455

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Unit mix, closings, budgets, finishes and the team, against Ditmas 17 and Park Lee Fulton, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.

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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.

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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
537 Brooklyn Avenue, LLC
Principals
Inga Farberov
Tax estimate
Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
Construction lender
Colorado Federal Savings Bank$4.58 million loan stated in the plan

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

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