Calvert Villas
624 New York Avenue, Brooklyn, NY 11225
Overview
Calvert Villas is a new 10-unit condo in Brooklyn, with 1 commercial unit.
- Offering plan: Accepted October 2024 · 350 pages · floor plans on page 39
- Finishes: Engineered wood floors, solid-surface kitchen countertops, Whirlpool and GE appliances, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $1,057 a square foot on average, as first offered; $12.2 million in all ($12 million when first offered)
- Common charges: $517–$817 a month, the sponsor's first-year estimate
- Developer: Croxdale Real Estate Management LLC; principals Nigel Boyden
- Sponsor: 447 Fenimore 2022 LLC, represented by Jeffrey Zwick & Associates, PC
- Neighborhood: Prospect Lefferts Gardens, Brooklyn
- Subway: 5-minute walk to Winthrop St (2, 5); 9 minutes to Sterling St (2, 5)
- Amendments: 2, the latest in June 2025
- Units
- 10 residential · 1 commercial
- Neighborhood
- Prospect Lefferts Gardens, Brooklyn
- Subway
- 5 min walk to Winthrop St 2 5Sterling St 2 5, 9 min
- Developer
- Croxdale Real Estate Management LLC
- Principals
- Nigel Boyden
- Average $/sf
- $1,057Homes in Schedule A, as first offered
- Common charges
- $517–$817 a monthSponsor's first-year estimate in Schedule A, November 1, 2024 – October 31, 2025
- Offering price
- $12.2 million total $12 million when first offered
- Floor plans
- Page 39 of the plan
- SubmittedFebruary 2025
- AcceptedOctober 2024
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
10 of 10homes sold (100%)
From city records (ACRIS), through Aug 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Compare
| Figure | This building1 | 184 Hawthorne28 units · 0.4 miaccepted 2025 | 259 Halsey38 units · 1.7 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.56In line | $0.62 | $0.54 |
| Average Offering PricePer Apartment | $1.21MAbove peers | $1.02M | $1.09M |
| Average PricePer Square Foot | $1,057Below peers | $1,243 | $1,244 |
| Average Unit SizeSquare Feet | 1,141 SFLargest | 820 SF | 874 SF |
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.
Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Jun 11, 2025
Real estate taxes are updated with post-completion reassessment projections, common charges corrected, first closing completed, and temporary certificate of occupancy issued.
- Real estate taxes for residential units will increase from $10,183 (2025/26) to $159,145 (2026/27) upon post-completion reassessment
- Community facility unit taxes will increase from $3,317 (2025/26) to $39,572 (2026/27), reduced to $5,936 under ICAP abatement
- Common charges corrected due to calculation error in 1st amendment, resulting in lower charges for all units
- First unit closed August 5, 2025
- Temporary certificate of occupancy issued July 9, 2025 (CO #3429740)
- Sponsor address updated to 535 Flatbush Avenue, Ste 313, Brooklyn, NY 11225
- Working capital fund of $2,730.87 and reserve fund of $303.43 collected
- Sponsor to commence collection of common charges October 1, 2025
Amendment 1 Mar 20, 2025
Amendment updates building as-built conditions, revises commencement date to July 1, 2025, increases budget by $11,610.00, and adjusts unit square footages and roof terrace assignments.
- Commencement date changed to July 1, 2025
- Budget increased by $11,610.00 (12.83%); electricity cost increased from $5,359.00 to $15,808.32
- Community Facility square footage adjusted: 3,008 SF on 1st floor and 917 SF in cellar (instead of 3,015 SF and 910 SF)
- Unit 5B square footage reduced from 1432 SF to 1431 SF
- Private roof terraces 1 and 2 combined and assigned to Unit 4B; terrace 3 renamed to terrace 2 and assigned to Unit 3C
- Roof terraces for Units 2B and 2C exchanged with each other
- Reserve fund for major repairs increased from $9,050 to $10,211
- Zip code changed to 11203
Team
- Sponsor
- 447 Fenimore 2022 LLC
- Developer
- Croxdale Real Estate Management LLC
- Principals
- Nigel Boyden
- Tax estimate
- Re Tax ServicePrepared the first-year real estate tax projection
- Construction lender
- USCLender on the mortgage and building loan agreement recorded September 2023 in ACRIS
- General contractor
- Ugb ConstructionHeld the general construction permit on DOB NOW job B08003554
- Structural engineer
- SilmanNamed on p. 146
- MEP engineer
- Rosenthal EngineeringMechanical, electrical and plumbing · Named on p. 146
- Property report
- Palette ArchitecturePrepared the plan's description of the property and its condition · Named on p. 146
- Interior designer
- Atelier FederReported by cityrealty.com
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
- Calvert Housenext door · 49 units · 2025
- 401 Rutland Road Condominiumnext door · 22 units · 11 parking · 2020
- 373 Rutland Road Condominiumnext door · 9 units · 2026
- 412 Fenimore Street Condominiumnext door · 6 units · 2022
- Hello New Yorknext door · 40 units · 20 parking · 2016
- 371 Hawthorne Street Condominiumnext door · 8 units · 2026
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