Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $985,000

· Closed March 14, 2023

531 MAPLE Street #5
Closed For Sale Condo

$985,000

$659 per sq ft

531 MAPLE Street #5

East Flatbush, Brooklyn

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MLS® #RLS10907395

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

1,495

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,495 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $574/mo
Property Taxes $180/yr
Neighborhood East Flatbush
Floor 3 of 6

Property Highlights

  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 3 of 6
Pets Yes
Year Built 2017
Living Area 1,495 sq ft

Listing History

Event Date Price Change
Listed Sep 28, 2022 $1,050,000 -
Price Reduced Mar 21, 2023 $1,150,000 +9.5%
Currently May 30, 2026 $985,000 -14.3%

Description

Introducing 531 Maple, an extremely rare opportunity to own in a Brand-New 10 unit condo elevator building with 15-year Tax Abatement and pre-qualified for special lending programs, with low interest rates of 3.75%! Establishing a new standard for boutique development, every single unit flaunts its own extraordinary private outdoor space, soaring ceilings, floor to ceiling windows that bring phenomenal natural light, air & open views, amazing separation of space & size, and oversized bedrooms. Authentic oak wood floors, stainless steel appliances, gorgeous marble master bathrooms, in-unit washer and dryer, built in HVAC systems, and convenient & safe high tech video intercoms are only some of the incredible features within each unit.

Apartment #5 is a rare single-floor 1,495 SF, 3-bedroom (convertible 4-bedroom) 2-bathroom home - enjoy fantastic proportions, amazing views and a 98SF balcony off of a huge 15' x 15' living room, a generously sized 12' x 8' SF kitchen, and massive 16' x 15' primary bedroom, with extremely reasonable $574 monthly common charges and $15 real estate taxes.

This prime Crown Heights location is close to everything you need - from supermarkets to shopping, restaurants, nightlife, and more. 531 Maple Street benefits from both the 2 and 5 trains at Sterling Street. Multiple public and private school options are situated within a few blocks and amazing local restaurants are all within quick and easy reach. Just two blocks away you'll find Wingate Park which has a basketball court, baseball field, running track, and recreational area. Also within walking distance are the historic Prospect Park, Brooklyn Museum, and Brooklyn Botanical Gardens. Other notable attractions nearby include but are not limited to the Barclays Center and Grand Army Plaza.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $574/mo
RE Taxes $180/yr ($15/mo)
Original Price $1,050,000
Sale Price $985,000
Previous Price $1,150,000

East Flatbush is a largely residential Brooklyn neighborhood characterized by tree-lined streets and rows of early 20th-century brick homes, including single-family houses, semi-detached two-families, and small apartment buildings. The 2 and 5 trains serve the area at Church Avenue, Beverly Road, and Newkirk Avenue stations, connecting residents to Downtown Brooklyn and Manhattan. Lincoln Terrace Park provides recreational space along the neighborhood's northern edge.

East Flatbush Live Market Data

View Neighborhood

Active Listings

34

Median Asking Price

$725K

Median $/Sqft

$520

Avg Days on Market

N/A

New This Week

4

Price Reduced

15%

Sold (30 Days)

2

Median Sale Price

$681K

Live data from RLS at REBNY • Updated 5/30/26, 4:06 PM EST

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Location

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531 MAPLE Street #5, East Flatbush, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
5
Floors
10
Residential Units
R6
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,575,000
Land Value: $135,000
Exemptions: $1,558,080

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,000 SF
Building Area: 15,979 SF
Built FAR: 2.66
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $574 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $180, or roughly $15 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,495 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $985,000 for 1,495 sq ft, the asking price per square foot is approximately $659. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10907395
First Listed: 9/28/2022
Price Changed: 3/21/2023
Closed: 3/14/2023
Contract Date: 9/28/2022

Listing Courtesy of Douglas Elliman Real Estate - Yair Tavivian

Listing Contact: (212) 319-4109

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/30/2026 at 8:06 PM UTC

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