1755 Benson Avenue Condominium
1755 Benson Avenue, Brooklyn, NY 11214
Overview
1755 Benson Avenue is an 11-unit condo in Brooklyn, with 13 parking units, 2 storage units and 1 commercial unit.
- Offering plan: Accepted June 2024 · 268 pages · floor plans on page 19
- Finishes: 8-foot ceilings, hardwood floors, stone kitchen countertops, wood cabinets, Frigidaire, Samsung and LG appliances, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $902 a square foot on average, as first offered; $7.38 million in all
- Developers: J - Star Holding LLC and Riverspring Capital LLC; principals Chao Yang Chen, Siu Lau, Ting Zhang, Wai Man Liu and Yun Yun Li
- Sponsor: Silver Bay Realty, LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.
- Subway: 5-minute walk to 18 Av (D); 9 minutes to 20 Av (D)
- Amendments: 4, the latest in August 2026
- Units
- 11 residential · 13 parking · 2 storage · 1 commercial
- Subway
- 5 min walk to 18 Av D20 Av D, 9 min
- Developers
- J - Star Holding LLC, Riverspring Capital LLC
- Principals
- Chao Yang Chen, Siu Lau, Ting Zhang, Wai Man Liu, Yun Yun Li
- Average $/sf
- $902Homes in Schedule A, as first offered
- Offering price
- $7.38 million total
- Floor plans
- Page 19 of the plan
- SubmittedSeptember 2024
- AcceptedJune 2024
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 31, 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 for 6 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Sep 17, 2025
This amendment updates the list of unsold units, sets the 2025/2026 operating budget, and extends the offering plan.
- Sponsor retains 13 unsold units (1A, 2C, 3B, 3C, P1, P2, P4, P7, P8, P9, P10, P11, P13, and 1 com); Unit 3B with P2 in contract as of August 13, 2025
- Operating budget for July 1, 2025 – June 30, 2026 totals $68,977 in income and expenses
- Units separately assessed for real estate taxes as of 2025/2026 tax year commencing July 1, 2025
- Board control to transfer to unit owners at earlier of: 60 days after 75% units conveyed, or February 11, 2028
- Sponsor's aggregate monthly common charges: $2,471.36; aggregate monthly real estate taxes: $4,753.90
- All sponsor-owned units are vacant; sponsor paying $0 in rent
- Offering plan extended for additional 12 months from acceptance of amendment
Amendment 2 Mar 26, 2025
Amendment documents first closings, Certificate of Occupancy, condominium declaration filing, tax assessment timeline, working capital fund details, board control transfer terms, and lists unsold units.
- First unit closings occurred February 11, 2025 for Units 2D and 3D
- Final Certificate of Occupancy issued July 30, 2024
- Condominium Declaration filed December 30, 2024
- Units to be separately assessed for real estate taxes starting 2025/2026 tax year July 1, 2025
- Working capital fund established at Bank of America with approximately $2,788
- Board control to transfer to unit owners by February 11, 2028 or when 75% of units sold, whichever is earlier
- Unsold units: 1A, 2C, 3A, 3B, 3C, Parking Units P1-4, P7-11
- Offering plan extended for additional six (6) months
Amendment 1 Aug 19, 2024
Plan declared effective after purchase agreements accepted for 18.18% of units; Unit 4B price increased and offering period extended.
- Unit 4B price increased from $674,770 to $700,000
- Offering Plan extended by six (6) months
- Purchase agreements accepted for Units 3D (with P5) and 4B
Team
- Sponsor
- Silver Bay Realty, LLC
- Developers
- J - Star Holding LLC, Riverspring Capital LLC
- Principals
- Chao Yang Chen, Siu Lau, Ting Zhang, Wai Man Liu, Yun Yun Li
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
- General contractors
- BWT Construction, Fung Tai Construction, Harris Home Repair & Development, Vision Contracting NYHeld the general construction permit on DOB job 321440437
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
- Bay Ridge 18 Condominiumnext door · 5 units · 4 parking · 2018
- Bath Beach Residence Condominium0.2 mi · 11 units · 9 parking · 2024
- 1654 84th Street Condominium0.3 mi · 12 units · 8 parking · 2022
- 8154 Bay 16th Street Condominium0.3 mi · 6 units · 5 parking · 2021
- 1845 83rd Street Condo0.3 mi · 3 units · 2 parking · 2005
- 16 Bay 25th Street Condominium0.4 mi · 10 units · 2 parking · 2021
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