Winley Plaza Condominium
5521 8th Avenue, Brooklyn, NY 11220
Overview
Winley Plaza is a condo in Brooklyn, with 41 commercial units.
- Offering plan: Accepted March 2019 · 281 pages · floor plans on page 25
- Prices: $1,434 a square foot on average, as first offered; $76.3 million in all
- Common charges: $394–$2,189 a month, the sponsor's first-year estimate
- Sponsor: Golden 8th Avenue Realty Corp., represented by Thomas E. Berinato, Attorney At Law; principals Andy Wong, Jonathan Chang, Ada Li, Joanna Choi, Raymond Chan, Shu Hung Pun, Veronica Chang and William Choi
- Neighborhood: Sunset Park, Brooklyn
- Subway: 7-minute walk to 8 Av (N); 11 minutes to Fort Hamilton Pkwy (N)
- Amendments: 2, the latest in September 2021
- Units
- 41 commercial
- Neighborhood
- Sunset Park, Brooklyn
- Subway
- 7 min walk to 8 Av NFort Hamilton Pkwy N, 11 min
- Principals
- Andy Wong, Jonathan Chang, Ada Li, Joanna Choi, Raymond Chan, Shu Hung Pun, Veronica Chang, William Choi
- Average $/sf
- $1,434Homes in Schedule A, as first offered
- Common charges
- $394–$2,189 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 to June 30, 2022
- Offering price
- $76.3 million total
- Floor plans
- Page 25 of the plan
- SubmittedMarch 2021
- AcceptedMarch 2019
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
13 of 40homes sold (33%)
From city records (ACRIS), through Jan 31, 2024.
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 36 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 7 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- Golden 8th Avenue Realty Corp.
- Principals
- Andy Wong, Jonathan Chang, Ada Li, Joanna Choi, Raymond Chan, Shu Hung Pun, Veronica Chang, William Choi
- Tax estimate
- Anthony ComoPrepared the first-year real estate tax projection
- Construction lender
- First American International Bank
- General contractor
- Mandarin Entprses IIHeld the general construction permit on DOB job 320528489
- Title agency
- Federal Standard AbstractThe sponsor's title company for buyers; you can choose another · Named on p. 105
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
- Commercial overlay
- C1-3
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 818 Professionals Plaza Condominiumnext door · 2021
- Henry 824 Condominiumnext door · 2025
- 828 57th Street Condominiumnext door · 2023
- 866 Condominiumnext door · 9 units · 2018
- 850 57th Street Condominium0.1 mi · 5 units · 2021
- Sun City Condominium0.1 mi · 17 units · 12 parking · 2017
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