915 55st Condominium
915 55th Street, Brooklyn, NY 11219
Overview
915 55st is an 8-unit condo in Brooklyn, with 2 commercial units.
- Offering plan: Accepted November 2022 · 349 pages · floor plans on page 5
- Finishes: 8'6" ceilings, hardwood floors, stone kitchen countertops, wood cabinets and split-system units for heating and cooling
- Prices: $799 a square foot on average, as first offered; $7.57 million in all
- Common charges: $279–$1,099 a month, the sponsor's first-year estimate
- Sponsor: Linden 88 Inc., represented by Lawrence Lixin Yang, P.C.; principals Chung Lam
- Neighborhood: Borough Park, Brooklyn
- Subway: 10-minute walk to Fort Hamilton Pkwy (N); 11 minutes to 8 Av (N)
- Amendments: 2, the latest in October 2023
- Units
- 8 residential · 2 commercial
- Neighborhood
- Borough Park, Brooklyn
- Subway
- 10 min walk to Fort Hamilton Pkwy N8 Av N, 11 min
- Principals
- Chung Lam
- Average $/sf
- $799Homes in Schedule A, as first offered
- Common charges
- $279–$1,099 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 - June 30, 2024
- Offering price
- $7.57 million total
- Floor plans
- Page 5 of the plan
- SubmittedMarch 2023
- AcceptedNovember 2022
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Mar 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 915 55st's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 10 homes.
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 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Oct 30, 2023
This second amendment extends the offering plan term by six months and reports post-closing status including first unit closing, temporary occupancy, unsold units, and escrow funds.
- Offering plan term extended by six months
- First unit closed September 5, 2023
- Temporary Certificate of Occupancy issued August 8, 2023; Final Certificate expected around November 15, 2023
- $5,000.00 in escrow for work to obtain Final Certificate of Occupancy
- Four units closed; six units unsold (C1, 1A, 2A, 3A, 4A, 5A); four units in contract
- $1,506.92 working capital deposited with Chase Bank
- $9,658.00 in escrow to secure sponsor's obligation for common charges, special assessments, and taxes on unsold units
- No reserve fund established
Amendment 1 Mar 24, 2023
Sponsor declares the offering plan effective after three units totaling 15% of units offered have been purchased.
- Offering plan declared effective on March 24, 2023
- Three units under contract (5B, 3A, 5A) meeting 15% threshold requirement
- No closings will occur until this amendment is accepted for filing by the OAG
Team
- Sponsor
- Linden 88 Inc.
- Principals
- Chung Lam
- Counsel
- Lawrence Lixin Yang, P.C.
- Tax estimate
- Lawrence Lixin Yang, P.C.Prepared the first-year real estate tax projection
- Property report
- S M Tam Architect, PLLCPrepared the plan's description of the property and its condition · Named on p. 133
- 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. 84
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
- 5415 9th Avenue Condominiumnext door · 7 units · 2017
- 915 56th Street Condominiumnext door · 7 units · 2023
- Rol Modern Condominium0.1 mi · 9 units · 2025
- 866 Condominium0.1 mi · 9 units · 2018
- 82 Real Estate Condominium0.1 mi · 9 units · 2022
- 941 57th Street Condominium0.1 mi · 13 units · 7 parking · 2024
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