Henry 824 Condominium
824 56th Street, Brooklyn, NY 11220
Overview
Henry 824 is a new condo in Brooklyn, with 7 commercial units.
- Offering plan: Accepted April 2025 · 298 pages · floor plans on page 194
- Prices: $1,034 a square foot on average, as first offered; $7.47 million in all ($5.28 million when first offered)
- Common charges: $522–$831 a month, the sponsor's first-year estimate
- Sponsor: Henry 824 LLC, represented by Lawrence Lixin Yang, P.C.; principals Ming Wu Yuan
- Neighborhood: Sunset Park, Brooklyn
- Subway: 7-minute walk to 8 Av (N); 10 minutes to Fort Hamilton Pkwy (N)
- Amendments: 2, the latest in March 2026
- Units
- 7 commercial
- Neighborhood
- Sunset Park, Brooklyn
- Subway
- 7 min walk to 8 Av NFort Hamilton Pkwy N, 10 min
- Principals
- Ming Wu Yuan
- Average $/sf
- $1,034Homes in Schedule A, as first offered
- Common charges
- $522–$831 a monthSponsor's first-year estimate in Schedule A, July 1, 2026—June 30, 2027
- Offering price
- $7.47 million total $5.28 million when first offered
- Floor plans
- Page 194 of the plan
- SubmittedMay 2025
- AcceptedApril 2025
- 2 amendments
Units & Prices
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 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Mar 20, 2026
This second amendment extends the offering plan term by six months, updates closing fees for commercial units, and confirms no change to common charges.
- Offering plan term extended six months from acceptance date
- Closing fee for commercial/community facility units set at $4,000.00
- Mortgage application assistance fee set at $500.00
- Temporary Certificate of Occupancy expected by end of May 2026
- No increase or decrease in common charges or individual unit expenses
Amendment 1 May 1, 2025
Offering prices for all seven units increased significantly, with total project price rising from $5,276,000.00 to $7,473,000.00.
- Unit 1A price increased from $1,143,000.00 to $1,450,000.00
- Unit 2A price increased from $670,000.00 to $1,150,000.00
- Unit 3A price increased from $675,000.00 to $1,050,000.00
- Unit 4A price increased from $685,000.00 to $1,020,000.00
- Unit 5A price increased from $695,000.00 to $1,050,000.00
- Unit 6A price increased from $705,000.00 to $1,050,000.00
- Unit C1 price unchanged at $703,000.00
- Schedule A Section F Offering Prices and Related Information replaced with amended version
- Schedule A prices increased for 6 homes (median +51.1%): 1A $1,143,000 → $1,450,000; 2A $670,000 → $1,150,000; 3A $675,000 → $1,050,000; 4A $685,000 → $1,020,000; ...
Team
- Sponsor
- Henry 824 LLC
- Principals
- Ming Wu Yuan
- Counsel
- Lawrence Lixin Yang, P.C.
- Tax estimate
- Lawrence Lixin Yang, P.C.Prepared the first-year real estate tax projection
- Property report
- Yang Engineering LLCPrepared the plan's description of the property and its condition · Named on p. 126
- 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. 75
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Winley Plaza Condominiumnext door · 2019
- 818 Professionals Plaza Condominiumnext door · 2021
- 828 57th Street Condominiumnext door · 2023
- 850 57th Street Condominiumnext door · 5 units · 2021
- 866 Condominiumnext door · 9 units · 2018
- Sun City Condominiumnext door · 17 units · 12 parking · 2017
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