THE CONDO BOOK PROJECT

Sun City Condominium

869 57th Street, Brooklyn, NY 11220

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Overview

Sun City is a 17-unit condo in Brooklyn, with 12 parking units and 5 commercial units.

  • Offering plan: Accepted November 2017 · 287 pages · floor plans on page 28
  • Finishes: Hardwood floors, granite kitchen countertops, IKEA cabinets, Liebherr and Bertazzoni appliances, Grohe bathroom fittings and split-system units for heating and cooling
  • Prices: $14.4 million in all ($18.6 million when first offered)
  • Sponsor: 869 Central LLC, represented by Paul A. Leff, Esq.; principals Geng Chen, Duan Fei Lui, Ying Chen and Yoan Ching Chan
  • Neighborhood: Sunset Park, Brooklyn
  • Subway: 8-minute walk to 8 Av (N); 8 minutes to Fort Hamilton Pkwy (N)
  • Amendments: 7, the latest in October 2024
  1. SubmittedMarch 2018
  2. AcceptedNovember 2017
  3. 7 amendments
  4. First sale
  5. Latest sale

Sales

13 of 17homes sold (76%)
Every sale: 13 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 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 Sun City'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 →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 4 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
869 Central LLC
Principals
Geng Chen, Duan Fei Lui, Ying Chen, Yoan Ching Chan
Tax estimate
Paul A. Leff, Esq.Prepared the first-year real estate tax projection
Construction lender
Popular Bank$6 million loan stated in the plan
General contractor
Sheng Yee Constr.Held the general construction permit on DOB job 320627014

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

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