THE CONDO BOOK PROJECT

928 57th Street Condominium

928 57th Street, Brooklyn, NY 11219

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Overview

928 57th Street is a new 6-unit condo in Brooklyn, with 2 parking units and 2 commercial units.

  • Offering plan: Accepted July 2025 · 306 pages
  • Finishes: Hardwood floors, quartz kitchen countertops, LG and Robam appliances, Grohe bathroom fittings and split-system units for heating and cooling
  • Prices: $1,175 a square foot on average, as first offered; $5.95 million in all
  • Common charges: $425–$827 a month, the sponsor's first-year estimate
  • Sponsor: 183 Holdings Inc., represented by Moritt Hock & Hamroff, LLP; principals Long Sheng Shao and Xiang Xiong Shao
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 7-minute walk to Fort Hamilton Pkwy (N); 9 minutes to 8 Av (N)
  • Amendments: 2, the latest in September 2026
  1. SubmittedAugust 2025
  2. AcceptedJuly 2025
  3. 2 amendments

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 928 57th Street'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

FigureThis building1Rol Modern29 units · 0.2 miaccepted 2025Teng Fei38 units · 0.7 miaccepted 2026
Common ChargesPer Square Foot / Month$0.80Highest$0.41$0.42
Average Offering PricePer Apartment$771,500In line$648,178$788,500
Average PricePer Square Foot$1,175Above peers$1,105$1,060
Average Unit SizeSquare Feet656 SFIn line587 SF744 SF
Unit mix, amenities, finishes, utilities and operating costs against Rol Modern and Teng FeiUnlock the rest with a free account
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 5 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Aug 12, 2025

Plan declared effective after 15% purchase threshold met; first closing moved to March 1, 2026; corrections made to unit identifications, floor plans, and Schedule A pricing.

  • Plan declared effective August 8, 2025 with two purchase agreements executed
  • First closing anticipated on or about March 1, 2026
  • Unit identifications corrected for Units 2F, 2R, 3F, 3R, 4F, 4R
  • Unit 1F corrected to first floor (not cellar); Unit 1R and 1F square footage and bedroom/bathroom counts corrected
  • Community Facility Units bedrooms and bathrooms corrected to 0 bedrooms and .5 bathrooms
  • Units 3F, 3R, 4F, 4R balcony square footage corrected; Units 4F, 4R unit square footage corrected
  • Unit 4R floor level corrected to fourth floor and penthouse level
  • Schedule A updated with corrected unit identifications and pricing for Units 2F and 2R
What the amendment changed, line by lineSee it free →

Team

Sponsor
183 Holdings Inc.
Principals
Long Sheng Shao, Xiang Xiong Shao
Tax estimate
Highpoint Incentive Inc.Prepared the first-year real estate tax projection
Construction lender
BCB Community Bank
General contractors
DHC Contracting, JJK Building Consulting, 360 Prestige ContractingHeld the general construction permit on DOB job 321721570
Title agency
Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 74

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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The Condo Book Project Are 928 57th Street's common charges high for the area? Yes, they're on the high side. 928 57th Street budgets $0.80 per square foot a month, against a $0.57 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?