THE CONDO BOOK PROJECT

97 Waverly Avenue Condominium

97 Waverly Avenue, Brooklyn, NY 11205

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Overview

Units
10 residential
Subway
10 min walk to Clinton-Washington Avs GClasson Av G, 16 min
Principals
Vadem Brodsky
Average $/sf
$1,357Homes in Schedule A, as first offered
Common charges
$237–$474 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 - June 30, 2027
Offering price
$7.88 million total

The sponsor of record is 93-97 Waverly Ventures LLC & 93-97 Waverly Equities LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 334 pages. The sponsor has filed 1 amendment, the latest in April 2026. The nearest other condo plan on file is 93 Waverly Avenue Condominium, next door.

Plan CD250315 · New · accepted Feb 24, 2026 · AG record ↗

Compare

FigureThis building1106 Graham28 units · 1.5 miaccepted 2026598 Sterling Place37 units · 1.5 miaccepted 2025
Common ChargesPer Square Foot / Month$0.58Below peers$0.66$0.87
Average Offering PricePer Apartment$786,000Below peers$834,356$945,000
Average PricePer Square Foot$1,357In line$1,312$1,401
Property TaxesPer Square Foot / Month$1.99Highest$0.82$1.22
Average Unit SizeSquare Feet579 SFSmaller636 SF674 SF

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Unit mix, closings, budgets, finishes and the team, against 106 Graham and 598 Sterling Place, cited to the offering plans. No credit card required.

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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.

Closings Pro

Homes closed100% of the homes in Schedule A10 of 10
Closing prices vs. Schedule A10 homes: $7,656,595 at closing against $7,860,000 in Schedule A (p. 53)−2.6%
Average closing price10 homes, on their Schedule A square feet$1,322 / SF
Closingsfirst and latest recordedMay 4, 2026 – Jul 27, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 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 10 closings
HomeRecordedClosing priceSchedule ADifference
2RMay 4, 2026$722,958$710,000 p. 53+1.8%
3RMay 4, 2026$728,049$715,000 p. 53+1.8%
1RMay 18, 2026$763,688$995,000 p. 53−23.2%
2FMay 18, 2026$666,954$625,000 p. 53+6.7%
3FMay 26, 2026$702,593$675,000 p. 53+4.1%
1FMay 27, 2026$585,494$575,000 p. 53+1.8%
2May 29, 2026$1,084,809$1,150,000 p. 53−5.7%
1Jun 17, 2026$789,144$775,000 p. 53+1.8%
4Jul 16, 2026$813,582$850,000 p. 53−4.3%
3Jul 27, 2026$799,326$790,000 p. 53+1.2%

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

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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
93-97 Waverly Ventures LLC & 93-97 Waverly Equities LLC
Principals
Vadem Brodsky
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Citizens Bank

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

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