THE CONDO BOOK PROJECT

Maple Sweet Condominium

519 Maple Street, Brooklyn, NY 11225

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Overview

Maple Sweet is a 10-unit condo in Brooklyn.

  • Offering plan: Accepted November 2020 · 466 pages · floor plans on page 58
  • Finishes: Hardwood floors, Blomberg and Frigidaire appliances and split-system units for heating and cooling
  • Prices: $789 a square foot on average, as first offered; $7.35 million in all
  • Common charges: $255–$696 a month, the sponsor's first-year estimate
  • Sponsor: Maple Sweet LLC, represented by Mavrides Moyal Packman Sadkin; principals Joseph Cohen
  • Neighborhood: East Flatbush, Brooklyn
  • Subway: 11-minute walk to Sterling St (2, 5); 12 minutes to Kingston Av (3)
  • Amendments: 3, the latest in December 2024
  1. SubmittedAugust 2021
  2. AcceptedNovember 2020
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

10 of 10homes sold (100%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 2025.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do Maple Sweet's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 9 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Aug 23, 2021

Sponsor changes legal counsel, escrow agent, and purchase agreement form; extends offering plan term and adjusts closing costs.

  • Sponsor's attorney changed to Marans Newman Tsolis & Nazinitsky LLC; will also serve as escrow agent
  • Escrow account moved to Capital One Bank, N.A.; FDIC insured to $250,000 per deposit
  • Closing counsel fee set at $2,500.00 for ACRIS preparation; daily reimbursement of 0.0438% of balance if closing delayed
  • Additional closing charges: $500 for off-site closing, $500 per adjournment, $500 for out-of-city closing, $500 for default letter, $350 for mortgage financing, $1,000 for assignment agreement, $1,000 for interim lease
  • New form of Purchase Agreement replaces prior form for all purchasers not yet executed
  • First unit closing deadline extended to March 8, 2023 due to New York Executive Order tolling plus 120 days
  • New York State Transfer Tax calculation revised; grossed-up consideration no longer added when purchaser responsible for tax
  • Offering plan term extended six (6) months from amendment date
What the amendment changed, line by lineSee it free →

Team

Sponsor
Maple Sweet LLC
Principals
Joseph Cohen
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Eastern Capital Group$4.98 million recorded
General contractors
Emma Group Management, Vice Contacting, Winston Andrew Seymour, Yafe MeodHeld the general construction permit on DOB job 320942691
Title agency
GlobalServe Title Agency Corp.The sponsor's title company for buyers; you can choose another · Named on p. 45

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are Maple Sweet's common charges high for the area? No, they're on the low side. Maple Sweet budgets $0.49 per square foot a month, against a $0.51 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?