THE CONDO BOOK PROJECT

1105 56th Street Condominium

1105 56th Street, Brooklyn, NY 11219

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Overview

1105 56th Street is a new 3-unit condo in Brooklyn.

  • Offering plan: Accepted September 2026 · 313 pages · floor plans on page 32
  • Finishes: 10-foot ceilings, hardwood floors, laminate kitchen countertops, laminated wood cabinets, GE appliances, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $1,433 a square foot on average, as first offered; $6.8 million in all
  • Common charges: $361–$513 a month, the sponsor's first-year estimate
  • Developer: SPA Management Group; principals Shulem Schik
  • Sponsor: 1107 56 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 6-minute walk to Fort Hamilton Pkwy (N); 7 minutes to 55 St (D)
  1. SubmittedMarch 2026
  2. AcceptedSeptember 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

FigureThis building11107 56th23 units · 0 miaccepted 20261555 51st34 units · 0.7 miaccepted 2026
Common ChargesPer Square Foot / Month$0.29In line$0.29$0.22
Average Offering PricePer Apartment$2.27MAbove peers$1.73M$2.04M
Average PricePer Square Foot$1,433Above peers$1,087$1,352
Average Unit SizeSquare Feet1,581 SFIn line1,595 SF1,510 SF
Unit mix, amenities, finishes, utilities and operating costs against 1107 56th and 1555 51stUnlock the rest with a free account
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 8 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
1107 56 LLC
Principals
Shulem Schik
Construction lender
Broadview Capital$5.33 million loan stated in the plan
Property report
Robert Pia, R.A.Prepared the plan's description of the property and its condition · Named on p. 120

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

Zoning

Zoning district
R5

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

Nearby

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The Condo Book Project Are 1105 56th Street's common charges high for the area? Yes, they're on the high side. 1105 56th Street budgets $0.29 per square foot a month, against a $0.25 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?