1759 Condominium
1759 Bay Ridge Parkway, Brooklyn, NY 11204
Overview
1759 is a 13-unit condo in Brooklyn, with 11 parking units and 1 commercial unit.
- Offering plan: Accepted November 2022 · 339 pages · floor plans on page 210
- Finishes: 9-foot ceilings, vinyl plank floors, ceramic kitchen countertops, wood cabinets, Whirlpool appliances, a washer and dryer in each apartment and split-system units for heating and cooling
- Prices: $406 a square foot on average, as first offered; $10.2 million in all ($5.65 million when first offered)
- Common charges: $311–$1,542 a month, the sponsor's first-year estimate
- Sponsor: 933 60th Street Realty Inc., represented by Lawrence Lixin Yang, P.C.; principals Andy Weihan Ho and Xinlong Dai
- Neighborhood: Bensonhurst, Brooklyn
- Subway: 6-minute walk to 79 St (D); 9 minutes to 71 St (D)
- Amendments: 6, the latest in January 2024
- Units
- 13 residential · 11 parking · 1 commercial
- Neighborhood
- Bensonhurst, Brooklyn
- Subway
- 6 min walk to 79 St D71 St D, 9 min
- Principals
- Andy Weihan Ho, Xinlong Dai
- Average $/sf
- $406Homes in Schedule A, as first offered
- Common charges
- $311–$1,542 a monthSponsor's first-year estimate in Schedule A, July 1, 2022 - June 30, 2023
- Offering price
- $10.2 million total $5.65 million when first offered
- Floor plans
- Page 210 of the plan
- SubmittedDecember 2022
- AcceptedNovember 2022
- 6 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Dec 31, 2025.
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 14 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The plan lists what a buyer pays at closing.
All 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 5 Oct 4, 2023
Fifth amendment extends the offering plan term by six months and corrects Unit 2A floor plan to add a 50 square foot balcony.
- Unit 2A floor plan corrected to add 50 square foot balcony; Schedule A updated accordingly
- Offering plan term extended by six months from filing date
- 8 units closed; 6 units unsold and held by Sponsor; 4 units currently in contract
- Final Certificate of Occupancy issued March 1, 2023
- Working capital fund of $3,634.14 deposited; $14,900.00 in escrow for unsold units
- Reserve fund of $8,940.00 established (10% of first year budget)
- Pets policy amended to allow dogs or cats 20 pounds or less
Amendment 4 Mar 9, 2023
Unit prices updated for 13 residential units, 1 community facility unit, and 11 parking spaces; total offering price increased from $8,987,000.00 to $10,186,000.00.
- Unit 2C price raised from $593,000.00 to $630,000.00
- Unit 3C price raised from $340,000.00 to $610,000.00
- Unit 3D price raised from $425,000.00 to $740,000.00
- Unit 3E price raised from $286,000.00 to $520,000.00
- Unit 4A price raised from $467,000.00 to $810,000.00
- Total portfolio price increased by $1,199,000.00
- Schedule A(Amended)(C), Section F replaces Schedule A(Amended)(B)
Amendment 3 Feb 23, 2023
Sponsor declares the offering plan effective after three units were purchased, meeting the 15% threshold.
- Offering Plan declared effective as of February 23, 2023
- Three (3) units in contract, representing 21.42% of units
- Exceeds 15% requirement to declare plan effective
- No closings will occur until amendment is accepted by OAG
Amendment 2 Feb 10, 2023
Unit prices amended for 1759 Condominium, with unit 1A increasing to $3,600,000.00 and unit 4B to $348,000.00, raising total offering price to $8,987,000.00.
- Unit 1A price raised from $1,200,000.00 to $3,600,000.00
- Unit 4B price raised from $237,000.00 to $348,000.00
- Total offering price increased from $6,476,000.00 to $8,987,000.00
- Schedule A(Amended)(B) Section F replaces Schedule A(Amended)(A)
Amendment 1 Dec 27, 2022
Offering prices for 6 residential units increased; total project price raised from $5,646,000.00 to $6,476,000.00.
- Unit 2A price raised from $236,000.00 to $395,000.00
- Unit 2B price raised from $339,000.00 to $533,000.00
- Unit 2C price raised from $327,000.00 to $593,000.00
- Unit 3A price raised from $245,000.00 to $328,500.00
- Unit 4C price raised from $310,000.00 to $437,500.00
- Total project price increased by $830,000.00
Team
- Sponsor
- 933 60th Street Realty Inc.
- Principals
- Andy Weihan Ho, Xinlong Dai
- Counsel
- Lawrence Lixin Yang, P.C.
- Tax estimate
- Lawrence Lixin Yang, P.C.Prepared the first-year real estate tax projection
- General contractors
- Fortuna Design & Construction, Ground To Sky City Builders, KDL Construction & DevelopmentHeld the general construction permit on DOB job 321195014
- Property report
- SM Tam Architect, PLLCPrepared the plan's description of the property and its condition · Named on p. 137
- Title agency
- Liberty Land Abstract, Inc.The sponsor's title company for buyers; you can choose another · Agent for Chicago Title Insurance Company · Named on p. 87
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
- Crystal Garden Condominium0.3 mi · 9 units · 9 parking · 2006
- 1737 81st Street Condominium0.3 mi · 6 units · 2017
- 1548 72nd Street Condominium0.3 mi · 13 units · 11 parking · 2023
- 1725 68th Street Condominium0.3 mi · 8 units · 5 parking · 2025
- 8154 Bay 16th Street Condominium0.4 mi · 6 units · 5 parking · 2021
- 1845 83rd Street Condo0.4 mi · 3 units · 2 parking · 2005
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