1725 68th Street Condominium
1725 68th Street, Brooklyn, NY 11204
Overview
1725 68th Street is a new 8-unit condo in Brooklyn, with 5 parking units.
- Offering plan: Accepted January 2025 · 249 pages · floor plans on page 204
- Finishes: Hardwood floors, marble kitchen countertops, Original Kitchen cabinets, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
- Prices: $955 a square foot on average, as first offered; $7.13 million in all
- Common charges: $285–$296 a month, the sponsor's first-year estimate
- Sponsor: 1725 Development LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.; principals Sammy Yu, Chi Hong Li and Wai Yam Wong
- Subway: 5-minute walk to 18 Av (N); 7 minutes to 71 St (D)
- Amendments: 3, the latest in May 2026
- Units
- 8 residential · 5 parking
- Subway
- 5 min walk to 18 Av N71 St D, 7 min
- Principals
- Sammy Yu, Chi Hong Li, Wai Yam Wong
- Average $/sf
- $955Homes in Schedule A, as first offered
- Common charges
- $285–$296 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
- Offering price
- $7.13 million total
- Floor plans
- Page 204 of the plan
- SubmittedDecember 2025
- AcceptedJanuary 2025
- 3 amendments
- First sale
Units & Prices
Sales
1 of 8homes sold (13%)
From city records (ACRIS), through Jun 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Ask Claude or ChatGPT: How do 1725 68th Street's common charges compare with similar buildings? →
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 | 816 58th210 units · 1.4 miaccepted 2025 | Bath Beach Residence311 units · 0.8 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.33Lowest | $0.50 | $0.51 |
| Average Offering PricePer Apartment | $843,750In line | $869,128 | $762,436 |
| Average PricePer Square Foot | $955In line | $935 | $1,011 |
| Average Unit SizeSquare Feet | 883 SFIn line | 929 SF | 754 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 plan lists what a buyer pays at closing.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 May 18, 2026
Plan declared effective with 25% of units in contract; budget updated for July 1, 2026 start with lower property taxes; insurance and repairs line items adjusted.
- Plan declared effective as of May 18, 2026 with Units 1 and 2 in contract
- First year of operation projected July 1, 2026 through June 30, 2027
- Property taxes reduced from $71,310 to $59,610 based on January 15, 2026 Notice of Property Value
- Insurance line item increased from $6,912 to $7,670
- Repairs and Maintenance line item decreased from $2,500 to $2,000
- Offering Plan extended by six additional months
- Purchasers in contract offered right of rescission if first unit closing does not occur by June 30, 2026
Amendment 1 Dec 8, 2025
Amendment extends the offering plan period by six months following acceptance of purchase agreements for units 1 and 2.
- Purchase agreements accepted for Units 1 and 2 (with Parking Space License #5), constituting 25% of residential units
- Offering plan extended by six (6) months from amendment acceptance date
- Plan declared effective December 1, 2025
Team
- Sponsor
- 1725 Development LLC
- Principals
- Sammy Yu, Chi Hong Li, Wai Yam Wong
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
- General contractors
- DHC Contracting, Yx Construction, LT Pro ConstructionHeld the general construction permit on DOB job 321924281
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
- Bensonhurst Condominium0.2 mi · 20 units · 10 parking · 2023
- 1759 Condominium0.3 mi · 13 units · 11 parking · 2022
- 1548 72nd Street Condominium0.4 mi · 13 units · 11 parking · 2023
- Park Living 60a0.4 mi · 3 units · 2025
- 6014 16th Avenue Condominium0.4 mi · 11 units · 2019
- 1575 61st Street Condominium0.4 mi · 11 units · 2020
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