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Condominium · 2004
The Maritime
93 Rapelye Street, Brooklyn, NY 11231
Buildings·Condominium

93 Rapelye Street (The Maritime)

93 Rapelye Street, Brooklyn, NY 11231

BBL 3003647501 · BIN 3378223

At a glance
Year built
2004
Type
Condominium
Units
40
Floors
6
Landmark
No
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Maritime would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

The Maritime was one of the first new-construction condominiums on Carroll Gardens' western edge, and it came together quickly. Project 653 LLC bought the corner from the Diocese of Brooklyn in 2002, filed the new building that October, and closed all 40 residences with individual buyers between November 2004 and February 2005. ACRIS shows first deeds going to separate purchasers across three months, with no block of units kept back. The sponsor has held no units for twenty years.

The biggest carrying-cost fact is the tax abatement. The plan projected a 15-year 421-a partial exemption that would shrink over its term. DOF records show a 15-year benefit starting in 2007 and last carried on the 2022 roll. From the 2023 roll onward, the unit lots show no 421-a exemption. That puts the building at full taxes. A comparable sale from the benefit years reflects lower carrying costs than a buyer takes on today, so underwrite on the current bill, not on history.

The site sits where Carroll Gardens meets the BQE. Hicks Street runs beside the expressway trench here, and the offering plan disclosed that nearness directly: the building was built with custom windows for noise reduction, and the sponsor made no promises about noise levels. Units facing Hicks Street and those facing the rear courtyard are different products, and they should be priced as such.

Architecture and unit composition

The building is a six-story brick mid-rise with a cellar, on a corner lot of roughly 16,800 square feet per the plan (PLUTO carries about 15,500). The plan puts the building at about 57,000 square feet. The residential lobby is on Rapelye Street, reached by a walkway through the front courtyard. The community-facility unit has its own entrance on Hicks Street. The garage takes cars from both streets and holds 20 spaces, one of them designated accessible, with a covenant requiring its surrender to an owner with accessible plates.

The plan designed the building mainly for two-bedroom buyers. Thirty of the 40 residences were offered as two-bedrooms. The plan's energy schedule sized a typical two-bedroom at about 900 square feet and a three-bedroom at about 1,175, with larger duplex and triplex layouts at the top of the range. Listing records describe open kitchens, and the plan confirms every unit was delivered with a washer/dryer hookup. Several have private terraces or balconies. The 5A and 5B terraces also serve as roof over part of the fourth floor. Owners there must allow access for roof repairs and may not build decking or structures.

Quality Housing guidelines governed the design. The development gained extra floor area in exchange for set design elements, including two shared outdoor courtyards reserved to residential owners.

Building operations

The condominium has been owner-governed since the sponsor sold out in early 2005. At the start the sponsor set aside no capital reserve fund, reasoning that a new building would not need one soon. The plan left it to the board to build reserves later through common charges or assessments. Twenty years in, ask for the current reserve balance, the capital plan and any open assessment before signing. Façade, roof, terrace-membrane and mechanical cycles now come due on a normal schedule. DOB records show sidewalk-shed and scaffold filings for exterior masonry work in 2003 and 2012, and a 2018 replacement of the fire-alarm control panel.

The cellar community-facility unit is its own condominium lot with its own owner, limited by the plan to community-facility uses as the Zoning Resolution defines them. A 2005 DOB filing converted it to a day care center, and DOF records show it carrying a school exemption. It pays common charges on its own common interest. Under the by-laws, changes to its permitted uses need that owner's consent.

The DOF lot record needs a note. PLUTO lists the condominium lot under a PARK zoning designation. The offering plan cites an R-6 district, and the other residential lots on the block map as R6B. Treat PLUTO's value as unreliable, and confirm current zoning on the city's zoning map before relying on any bulk or use assumption.

Policy framework

Sales and leases: Owners may sell, or lease for one year or longer, after first giving the condominium board notice and the chance to exercise its right of first refusal. Short-term and transient rentals are not permitted.

Pets: Dogs, cats, caged birds and fish are permitted if they cause no nuisance or health hazard. Any other animal needs board consent.

Roof and terraces: Owners may use the roof only with board approval, because unapproved use could void the roof warranty. Terraces are appurtenant to their units, with the owner obligations described above.

Financing: As a condominium, the building sets no board financing ceiling of the kind co-ops impose. Lender project approval applies. Confirm the current budget, reserve and insurance figures a lender will ask for.

Recent sales

The Maritime trades as mid-2000s new construction on the Carroll Gardens–Columbia Waterfront edge, and pricing follows three variables: exposure (Hicks Street and expressway frontage versus the rear courtyard), outdoor space, and whether a deeded parking space conveys with the unit. Many garage lots were first sold together with specific apartments, so check whether the space is on the contract or is a separate lot. Recorded resales have been steady and spread across the building's lines, with no unit-level pattern suggesting distress. Buyers comparing this building with newer Carroll Gardens stock should weigh its lack of an abatement against newer buildings that still carry one. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

3D+179%
$538,346.67 2004 → $1,050,000 2016 → $1,500,000 2025

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Oct 24, 20254E$1,100,000
Sep 16, 20253D$1,500,000
Jan 30, 20256C$1,060,000
Nov 15, 20233B$1,075,000
Oct 25, 20163D$1,050,000
Oct 30, 20156E$896,000
View all 16 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00364-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

What would buying here cost?

At the recent median sale of $1.1M (3 sales since 2024), a buyer putting 25% down would pay about $49,466 to close, or 4.5% of the price.

  • Mansion tax: $11,000
  • Mortgage recording tax: $15,881
  • Title insurance: $4,950
  • Attorneys, lender, building fees, reserves and filings: $17,635

Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.

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What to know if you’re buying

Price on the current tax bill. The 421-a benefit has run off. Pull the unit's current DOF bill and ignore carrying-cost figures from listings or sales before 2023.

Parking is a separate lot. Confirm whether a garage space is part of the deal, and ask whether any space is subject to the accessible-space covenant.

Read the exposure. Hicks Street units face the BQE trench. The plan's noise disclosure is the building's own admission, and window condition matters more here than usual.

Ask about reserves. The building began without a funded capital reserve. Ask for the current balance, the most recent assessments and the façade inspection status.

Know the cellar rooms. In 1A–1C, the lower-level space was offered as recreation rooms that may not be used as bedrooms, and marketing sometimes blurs that.

What to know if you’re selling

Lead with the layout and outdoor space. Two-bedroom buyers in Carroll Gardens compare room counts and private outdoor space first. Terraces and courtyard-facing exposures are the building's strongest points.

Put the parking on the page. A deeded space sets the unit apart on this edge of the neighborhood. If one conveys, price it into the ask, not in as an afterthought.

Get ahead of the tax question. Show buyers the actual current tax bill, so the abatement run-off comes across as a known number rather than a surprise.

Comparable buildings

If you're considering The Maritime, also evaluate:

More Carroll Gardens buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Carroll Gardens.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at The Maritime?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com