Placid 45 Condominium
811 45th Street, Brooklyn, NY 11220
Overview
Placid 45 is a 23-unit condo in Brooklyn, with 12 parking units and 3 commercial units.
- Offering plan: Accepted January 2024 · 355 pages · floor plans on page 10
- Finishes: Quartz kitchen countertops, wood veneer cabinets, Bertazzoni and Bosch appliances, a washer and dryer in each apartment and Delta bathroom fittings
- Prices: $1,040 a square foot on average, as first offered; $24.4 million in all
- Common charges: $293–$507 a month, the sponsor's first-year estimate
- Sponsor: 811 Tower LLC, represented by Marans Newman Tsolis & Nazinitsky LLC; principals Cun Long Chen
- Subway: 8-minute walk to Fort Hamilton Pkwy (D); 9 minutes to 9 Av (D)
- Amendments: 2, the latest in June 2026
- Units
- 23 residential · 12 parking · 3 commercial
- Subway
- 8 min walk to Fort Hamilton Pkwy D9 Av D, 9 min
- Principals
- Cun Long Chen
- Average $/sf
- $1,040Homes in Schedule A, as first offered
- Common charges
- $293–$507 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
- Offering price
- $24.4 million total
- Floor plans
- Page 10 of the plan
- SubmittedMarch 2024
- AcceptedJanuary 2024
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Aug 31, 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 Placid 45's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 23 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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Jun 26, 2026
Post-closing disclosures including final Certificate of Occupancy, Declaration recording, Board of Managers, and unsold units as of submission.
- Final Certificate of Occupancy issued November 1, 2024
- Declaration recorded June 14, 2024
- 13 units unsold: RS-1, CF-1, CF-2, 5B, P1, P3, P4, P5, P7, P9, P10, P11, P12
- Working Capital Fund: $8,043.84; Reserve Fund: $8,043.84
- First Unit Closing occurred August 26, 2024
- First meeting of Unit Owners held December 1, 2025
- Board of Managers: Cun Long Chen, Lin Guo, Xin Xiang Lin
Amendment 1 Mar 23, 2024
Plan declared effective with four unit purchase agreements; prices set for 23 units and one penthouse.
- Plan declared effective (4 units sold, 15% threshold met)
- Purchase prices set for units 2A–5E and RS-1 penthouse
- Unit 2E purchased March 6, 2024
- Unit 2F purchased March 20, 2024
- Unit 3E purchased March 20, 2024
- Unit 3F purchased March 8, 2024
Team
- Sponsor
- 811 Tower LLC
- Principals
- Cun Long Chen
- Tax estimate
- SJP Tax Consultants Inc.Prepared the first-year real estate tax projection
- Property report
- S M Tam Architect, PLLCPrepared the plan's description of the property and its condition · Named on p. 166
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
- 821 45th Street Condominiumnext door · 2026
- Hua Xing Condominium0.1 mi · 14 units · 2020
- 702 44th St./One Sunset Park Condo0.2 mi · 54 units · 2008
- 4112 8th Avenue Condominium0.2 mi · 8 units · 2022
- 838 41st Street Condominium0.2 mi · 8 units · 2020
- 4102 8th Avenue Condominium0.2 mi · 30 units · 15 parking · 2019
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