825 53rd Street Condominium
825 53rd Street, Brooklyn, NY 11220
Overview
825 53rd Street is an 8-unit condo in Brooklyn, with 2 commercial units.
- Offering plan: Accepted January 2019 · 241 pages · floor plans on page 26
- Finishes: 8-foot ceilings, hardwood floors, granite kitchen countertops, GE appliances, washer/dryer hook-ups and Grohe bathroom fittings
- Prices: $537 a square foot on average, as first offered; $4.94 million in all
- Common charges: $215–$356 a month, the sponsor's first-year estimate
- Sponsor: Lin 819 LLC, represented by Paul A. Leff, Esq.; principals Shuang Lin
- Neighborhood: Sunset Park, Brooklyn
- Subway: 10-minute walk to 8 Av (N); 13 minutes to 53 St (R)
- Amendments: 2, the latest in February 2021
- Units
- 8 residential · 2 commercial
- Neighborhood
- Sunset Park, Brooklyn
- Subway
- 10 min walk to 8 Av N53 St R, 13 min
- Principals
- Shuang Lin
- Average $/sf
- $537Homes in Schedule A, as first offered
- Common charges
- $215–$356 a monthSponsor's first-year estimate in Schedule A, June 1, 2019 through May 31, 2020
- Offering price
- $4.94 million total
- Floor plans
- Page 26 of the plan
- SubmittedApril 2019
- AcceptedJanuary 2019
- 2 amendments
Units & Prices
Sales
From city records (ACRIS), through Feb 28, 2023.
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 3 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Mar 26, 2019
First amendment declares the condominium plan effective after two residential units were placed under contract.
- Plan declared effective with two units under contract (25% by number, 16.32% by percentage)
- Final Certificate of Occupancy obtained February 19, 2019
- Unit closings anticipated to begin within thirty days after amendment acceptance
- Reporting requirements notice: title insurance companies must report certain all-cash purchases of $300,000 or more by legal entities in NYC, effective November 17, 2018
Team
- Sponsor
- Lin 819 LLC
- Principals
- Shuang Lin
- Counsel
- Paul A. Leff, Esq.
- Tax estimate
- Ritz Property Management, LLCPrepared the first-year real estate tax projection
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
- Longevity Tower Condominiumnext door · 2023
- 867 53rd Street Condominiumnext door · 2022
- Rol Modern Condominiumnext door · 9 units · 2025
- 861 Sun Condominium0.1 mi · 8 units · 2 parking · 2020
- 818 Professionals Plaza Condominium0.1 mi · 2021
- 772 Condominium0.1 mi · 10 units · 2022
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