Calvert House Condos: What the Offering Plan Says

Updated Oct 12, 2026 · 6 min read

Calvert House is a new seven-story, 49-unit condo at 625 New York Avenue in Prospect Lefferts Gardens, Brooklyn. Its offering plan details an all-electric building with heat pumps, a shared roof with a dog run, parking and roof terrace licenses, a part-time doorman, and amenities shared with a sister condo across the street.

In brief: Calvert House at 625 New York Avenue is a new seven-story building with 49 condo apartments in Prospect Lefferts Gardens, Brooklyn. Its offering plan lists studios to three-bedrooms from about $460,000 to $1.7 million, with common charges of roughly $290 to $1,180 a month. What sets it apart: the building is all-electric, parking and private roof terraces are sold as separate licenses, and residents of a sister condo across the street can use the amenities for a fee.

What's Specific to It

• No gas in the building. Heat, cooling, hot water and cooking all run on electricity, and each owner pays their own electric bill.
• Amenities shared with 624 New York Avenue. The sponsor is also building an 11-unit condo at 624 New York Avenue. Its residents can use the gym, playroom, lounge, courtyard and work-from-home space here for $500 a month, paid by that building's board.
• Parking and roof terraces are licenses. 25 parking spaces are offered at $110,000 each, and 6 private roof terraces at $40,000 to $65,000. Both carry small monthly fees ($40 and $35).
• The sponsor may rent instead of sell. The sponsor only has to sell 8 units to declare the plan effective and can rent the rest, so owner-occupants may never control the board.
• A part-time doorman. The plan budgets a doorman 10 hours a day, 5 days a week, through a service contract rather than building staff.
• Taxes are expected to rise. The plan projects the building's total tax bill rising from about $436,000 to about $622,000 once it's reassessed after construction.

Listing photos of Calvert House show the finished rooms. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.

At a Glance

• What it is: a new seven-story building with a cellar, built on a lot that was once a plant nursery. The plan expected construction to be done around September 2025 and the first closing by July 2025, subject to delays.
• Location: Prospect Lefferts Gardens, across the street from a park. The plan puts the Winthrop Street 2 and 5 station about 0.4 miles away.
• Size: 49 apartments on floors 2 through 7, one elevator, 25 parking spaces in a garage and a storage closet for every unit.
• Layouts: 5 studios, 5 three-bedrooms and the rest one- and two-bedrooms, from about 430 to 1,430 sq ft. Many units have a terrace, balcony or roof terrace.
• Offering prices: in the original price list, about $460,000 for a studio to $1.7 million for the largest three-bedroom, or about $1,100 per sq ft on average. These are asking prices, not sales.
• Common charges: roughly $290 to $1,180 a month, depending on the unit, under the sponsor's first-year projection.

Finishes

Kitchens

Kitchens are basic. Each one gets a 30-inch GE electric range, a 30-inch Whirlpool French-door refrigerator, a Whirlpool dishwasher and an LG countertop microwave. Counters are Corian and cabinets are MDF with a laminate finish. See gas vs. induction stoves in NYC condos.

Bathrooms

Bathrooms have porcelain tile floors and ceramic tile walls. The plan doesn't name fixture brands.

Floors

Living rooms, bedrooms, kitchens and halls get 5/8-inch engineered oak (Home Legend or equal, character grade) over a rubber underlayment.

Laundry, heating and cooling

• Laundry: every home has a stacked Maytag washer and ventless dryer. There's no shared laundry room. See washer-dryers in NYC condos.
• Heating and cooling: each unit has its own ductless split heat pump. Fresh air comes from operable windows.
• Hot water: each unit has its own electric storage tank water heater.
• Not included: blinds or shades, and any appliances beyond the list above.

Compare with NYC condo heating and cooling systems.

Amenities

• Roof: a shared roof deck open to all residents, with a dog run along the northern edge.
• Cellar: an exercise room, a children's playroom, a work-from-home area with work pods, a bike room and the storage closets.
• Lounge: a rentable lounge on two connected levels, opening from the first floor and the cellar.
• Ground floor: a courtyard, a package room and stroller storage.
• Garage: 25 parking spaces, two of them accessible, with outlets for electric car charging shown on the floor plans.

Good to know: the gym, playroom, lounge, courtyard and work-from-home space are shared with residents of 624 New York Avenue. The plan says there's enough room for both buildings, and the license can't be ended without both boards agreeing.

Tip: storage closets (about 25 to 58 sq ft) come with every unit at no extra cost. Parking is a separate license. Read more on deeded vs. licensed parking and condo storage units.

Staffing and Services

The building has no salaried staff. Services come through contracts:

• A doorman 10 hours a day, 5 days a week (about $60,000 a year)
• Janitorial and cleaning service (about $30,000 a year)
• Managing agent LuxLiving NYC (about $73,500 a year)

Building staff take trash from the cellar compactor room to the curb. See where condo common charges go for context.

What It Costs to Run

The sponsor projects a first-year budget of about $372,000 (July 2025 to June 2026). Common charges cover about $351,000, and parking, roof terrace and amenity license fees cover the rest. The biggest lines:

Management is about 20% of the budget, the largest single line. Water is billed to the building and shared through common charges, while unit electricity is metered and billed to each owner.

Common charges run roughly $290 a month for a studio to about $1,180 for the largest three-bedroom. First-year property taxes are estimated at about $360 to $1,460 a month on top. Read more on common charges and estimating condo property taxes.

Good to know: the board is meant to keep a reserve fund equal to 10% of common expenses, funded from monthly charges plus 10% of each buyer's capital payment. At closing you pay two months' common charges as an initial capital payment. See NYC condo reserve funds.

Fine Print Worth Knowing

• Taxes after completion. The first-year tax estimates are based on the building before construction was done. The plan projects about $622,000 a year in total taxes after reassessment, about 43% more than the first-year figure.
• Closing costs. On top of the price, buyers pay the sponsor's attorney $3,200, a $1,500 sponsor expense fee, a share of the first year's insurance premium and transfer taxes.
• Square footage. Unit areas are measured to the outside of exterior walls, so the plan says actual livable space is "significantly less" than listed.
• Temporary certificate of occupancy. Closings may happen under a temporary certificate. The sponsor must get the final one but doesn't guarantee it within two years.
• Construction loan. The project has a loan from American Life & Security Corp. If it isn't paid off by the first closing, the lender must limit its lien to unsold units or release your unit.
• Common charge timing. The sponsor may delay collecting common charges and pay building expenses itself for a time.

Who's Behind It

• Sponsor and selling agent: 625 New York 2022 LLC, which acquired the site in February 2023
• Architect: John Sunwoo of Palette Architecture
• Managing agent: LuxLiving NYC LLC, on a one-year agreement that renews automatically
• Sponsor's counsel: Jeffrey Zwick and Associates
• Tax consultant: MGNY Consulting Corp.

The plan doesn't name an interior designer or an outside sales firm.

Common Questions

What neighborhood is Calvert House in?

Prospect Lefferts Gardens, Brooklyn. The plan places it across from a park and about 0.4 miles from the Winthrop Street 2 and 5 subway station.

How much are common charges at Calvert House?

Under the sponsor's first-year projection, roughly $290 to $1,180 a month depending on the unit, with estimated property taxes of about $360 to $1,460 a month on top.

Does Calvert House have parking?

Yes. The garage has 25 spaces, sold as licenses at $110,000 each in the original price list, plus a $40 monthly fee paid to the condo.

Where this comes from: the building's offering plan (CD240299), filed with the New York Attorney General, including its Schedule A price list and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales. Updated October 2026.