Longevity Tower Condominium
849 53rd Street, Brooklyn, NY 11220
Overview
Longevity Tower is a condo in Brooklyn, with 13 commercial units.
- Offering plan: Accepted May 2023 · 267 pages · floor plans on page 165
- Prices: $15.1 million in all
- Developer: H&H MDG LLC; principals Meiyun Chen, Baoen Jiang and Chunsheng Liang
- Sponsor: 53 St United LLC, represented by Moritt Hock & Hamroff, LLP
- Neighborhood: Sunset Park, Brooklyn
- Subway: 11-minute walk to 8 Av (N); 13 minutes to Fort Hamilton Pkwy (N)
- Amendments: 2, the latest in March 2024
- Units
- 13 commercial
- Neighborhood
- Sunset Park, Brooklyn
- Subway
- 11 min walk to 8 Av NFort Hamilton Pkwy N, 13 min
- Developer
- H&H MDG LLC
- Principals
- Meiyun Chen, Baoen Jiang, Chunsheng Liang
- Offering price
- $15.1 million total
- Floor plans
- Page 165 of the plan
- SubmittedAugust 2023
- AcceptedMay 2023
- 2 amendments
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2026.
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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Closing Costs
The plan lists what a buyer pays at closing.
All 5 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 2024
Amendment updates the building's occupancy status, unit sales, and financial position as of March 20, 2024.
- First residential unit (CF13) closed February 7, 2024
- Building received Temporary Certificate of Occupancy on February 26, 2024
- Permanent Certificate of Occupancy anticipated on or about July 1, 2025
- Eleven (11) unsold units remain as of March 20, 2024
- Working capital total is $1,500.00 held at JP Morgan Chase
- Reserve Fund balance is $1,500.00
Amendment 1 Aug 9, 2023
Plan declared effective after 2 of 13 units sold; first closing anticipated October 1, 2023.
- Plan declared effective on August 9, 2023
- 2 of 13 units (15.384%) have executed purchase agreements
- First closing anticipated on or about October 1, 2023
- Budget has not changed from original Plan
- Amendment valid for six months from filing date
Team
- Sponsor
- 53 St United LLC
- Developer
- H&H MDG LLC
- Principals
- Meiyun Chen, Baoen Jiang, Chunsheng Liang
- Counsel
- Moritt Hock & Hamroff, LLP
- Tax estimate
- Highpoint Incentives Inc.Prepared the first-year real estate tax projection
- General contractor
- New York H&Y ConstHeld the general construction permit on DOB job 321502414
- Title agency
- Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 55
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
- 867 53rd Street Condominiumnext door · 2022
- Rol Modern Condominiumnext door · 9 units · 2025
- 825 53rd Street Condominiumnext door · 8 units · 2019
- 861 Sun Condominium0.1 mi · 8 units · 2 parking · 2020
- 5415 9th Avenue Condominium0.1 mi · 7 units · 2017
- 818 Professionals Plaza Condominium0.1 mi · 2021
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