Rol Modern Condominium
864 53rd Street, Brooklyn, NY 11220
Overview
Rol Modern is a new 9-unit condo in Brooklyn, with 2 commercial units.
- Offering plan: Accepted December 2025 · 331 pages
- Finishes: Hardwood floors, quartz kitchen countertops, Tafisa cabinets, Whirlpool appliances, a washer and dryer in each apartment, Kohler bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,105 a square foot on average, as first offered; $8.38 million in all
- Common charges: $212–$436 a month, the sponsor's first-year estimate
- Sponsor: Rol Development LLC, represented by Moritt Hock & Hamroff, LLP; principals Ka Keung Chan
- Neighborhood: Sunset Park, Brooklyn
- Subway: 11-minute walk to 8 Av (N); 12 minutes to Fort Hamilton Pkwy (N)
- Amendments: 2, the latest in September 2026
- Units
- 9 residential · 2 commercial
- Neighborhood
- Sunset Park, Brooklyn
- Subway
- 11 min walk to 8 Av NFort Hamilton Pkwy N, 12 min
- Principals
- Ka Keung Chan
- Average $/sf
- $1,105Homes in Schedule A, as first offered
- Common charges
- $212–$436 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 to December 31, 2026
- Offering price
- $8.38 million total
- SubmittedMarch 2026
- AcceptedDecember 2025
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
6 of 9homes sold (67%)
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)
Ask Claude or ChatGPT: How do Rol Modern'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
| Figure | This building1 | Teng Fei28 units · 0.5 miaccepted 2026 | 928 57th36 units · 0.2 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.41Below peers | $0.42 | $0.80 |
| Average Offering PricePer Apartment | $648,178Lowest | $788,500 | $771,500 |
| Average PricePer Square Foot | $1,105In line | $1,060 | $1,175 |
| Average Unit SizeSquare Feet | 587 SFSmaller | 744 SF | 656 SF |
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 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Mar 2, 2026
Plan declared effective on January 21, 2026 after three units were purchased, and first closing anticipated for July 1, 2026.
- Plan declared effective January 21, 2026
- First closing anticipated on or about July 1, 2026
- Three residential units (202, 301, 402) counted toward 15% threshold
- Budget unchanged; Certification of Adequacy included as Schedule L-3
- Amendment valid for six (6) months from acceptance date
Team
- Sponsor
- Rol Development LLC
- Principals
- Ka Keung Chan
- Counsel
- Moritt Hock & Hamroff, LLP
- Tax estimate
- Metropolitan Realty ExemptionsPrepared 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
- 867 53rd Street Condominiumnext door · 2022
- Longevity Tower Condominiumnext door · 2023
- 825 53rd Street Condominiumnext door · 8 units · 2019
- 5415 9th Avenue Condominiumnext door · 7 units · 2017
- 915 55st Condominium0.1 mi · 8 units · 2022
- 818 Professionals Plaza Condominium0.1 mi · 2021
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