THE CONDO BOOK PROJECT

816 58th Street Condominium

816 58th Street, Brooklyn, NY 11220

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Overview

816 58th Street is a new 10-unit condo in Brooklyn, with 4 commercial units.

  • Offering plan: Accepted April 2025 · 352 pages · floor plans on pages 230–232
  • Finishes: Engineered wood floors, quartz kitchen countertops, Tafisa cabinets, Beko, GE and Bosch appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $935 a square foot on average, as first offered; $26.2 million in all ($26.1 million when first offered)
  • Common charges: $245–$488 a month, the sponsor's first-year estimate
  • Sponsor: Sunrise Brooklyn LLC, represented by Moritt Hock & Hamroff, LLP; principals Hanjun Bai, Linzhong Zhuo and Baozhen Lin
  • Neighborhood: Sunset Park, Brooklyn
  • Subway: 5-minute walk to 8 Av (N); 9 minutes to Fort Hamilton Pkwy (N)
  • Amendments: 1, the latest in April 2025
  1. SubmittedApril 2025
  2. AcceptedApril 2025
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

10 of 10homes sold (100%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Jan 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 816 58th Street's common charges compare with similar buildings? →

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 →

Compare

FigureThis building11725 68th28 units · 1.4 miaccepted 2025Dyker311 units · 1.4 miaccepted 2024
Common ChargesPer Square Foot / Month$0.50Highest$0.33$0.43
Average Offering PricePer Apartment$869,128Above peers$843,750$825,723
Average PricePer Square Foot$935In line$955$904
Average Unit SizeSquare Feet929 SFLarger883 SF913 SF
Unit mix, amenities, finishes, utilities and operating costs against 1725 68th and DykerUnlock the rest with a free account
How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closing Costs

The plan lists what a buyer pays at closing.

All 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 2025

Plan declared effective after two purchase agreements executed, establishes first closing anticipated for July 2025, and extends plan use for six months.

  • Plan declared effective on April 17, 2025 (15% threshold met with 2 of 10 units)
  • First closing anticipated on or about July 2025
  • Plan extended for six (6) months from amendment filing date
  • Budget unchanged; Managing Agent is Good Win Realty at 817 60th Street, Brooklyn, NY 11220
What the amendment changed, line by lineSee it free →

Team

Sponsor
Sunrise Brooklyn LLC
Principals
Hanjun Bai, Linzhong Zhuo, Baozhen Lin
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Amerasia Bank$7.75 million recorded
General contractors
Dma Contracting, Construction Mngt. AaHeld the general construction permit on DOB job 321192188
Title agency
Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 81

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

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The Condo Book Project Are 816 58th Street's common charges high for the area? Yes, they're on the high side. 816 58th Street budgets $0.50 per square foot a month, against a $0.42 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?