Hendrik Condominium
509 Pacific Street, Brooklyn, NY 11217
Overview
Hendrik is a 33-unit condo in Brooklyn, with 12 parking units.
- Offering plan: Accepted May 2016 · 518 pages · floor plans on page 22
- Finishes: Engineered wood floors, marble kitchen countertops, walnut veneer cabinets, a washer and dryer in each apartment, Hansgrohe bathroom fittings and ducted heat pumps for heating and cooling
- Prices: $1,609 a square foot on average, as first offered; $134.9 million in all
- Developer: Hope Street Capital LLC; principals Jeffrey Gershon
- Sponsor: 522-528 LLC, represented by Starr Associates LLP
- Subway: 3-minute walk to Atlantic Av-Barclays Ctr (2, 3, 4, 5, B, D, N, Q, R); 5 minutes to Nevins St (2, 3, 4, 5)
- Amendments: 25, the latest in July 2026
- Units
- 33 residential · 12 parking
- Subway
- 3 min walk to Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q RNevins St 2 3 4 5, 5 min
- Developer
- Hope Street Capital LLC
- Principals
- Jeffrey Gershon
- Average $/sf
- $1,609Homes in Schedule A, as first offered
- Offering price
- $134.9 million total
- Floor plans
- Page 22 of the plan
- SubmittedJune 2016
- AcceptedMay 2016
- 25 amendments
- First sale
- Latest sale
Units & Prices
Sales
38 of 38homes sold (100%)
From city records (ACRIS), through Sep 30, 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 →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 2 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- 522-528 LLC
- Developer
- Hope Street Capital LLC
- Principals
- Jeffrey Gershon
- Counsel
- Starr Associates LLP
- Tax estimate
- Metropolitan Valuation ServicesPrepared the first-year real estate tax projection
- Construction lender
- Bank OZKLender on the mortgage and building loan agreement recorded June 2016 in ACRIS; $51.3 million recorded
- General contractor
- Triton ConstructionHeld the general construction permit on DOB job 320909004
- Structural engineer
- GACENamed on p. 41
- MEP engineer
- ICOR AssociatesMechanical, electrical and plumbing · Named on p. 41
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7A
- Commercial overlay
- C2-4
- Special district
- Special Downtown Brooklyn District (DB)Atlantic Avenue Subdistrict
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 533 Pacific Street Condominiumnext door · 41 units · 10 parking · 2022
- 522 State Street Condominiumnext door · 4 units · 2024
- 561 Pacific Street Condominium0.1 mi · 63 units · 16 parking · 2018
- 465 Pacific Street Condominium0.1 mi · 30 units · 17 parking · 2015
- 354 Dean Street Condominium0.1 mi · 3 units · 2025
- Times Plaza Condominium0.1 mi · 39 units · 2004
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