THE CONDO BOOK PROJECT

1755 Benson Avenue Condominium

1755 Benson Avenue, Brooklyn, NY 11214

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Overview

Units
11 residential · 13 parking · 2 storage · 1 commercial
Subway
5 min walk to 18 Av D20 Av D, 9 min
Developers
J - Star Holding LLC, Riverspring Capital LLC
Principals
Chao Yang Chen, Siu Lau, Ting Zhang, Wai Man Liu, Yun Yun Li
Average $/sf
$902Homes in Schedule A, as first offered
Offering price
$7.38 million total

The sponsor of record is Silver Bay Realty, LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 268 pages. The sponsor has filed 4 amendments, the latest in August 2026. The nearest other condo plan on file is Benson Avenue Condominium, next door.

Plan CD230024 · New · accepted Jun 25, 2024 · AG record ↗

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FigureThis building1Bath Beach Residence211 units · 0.2 miaccepted 2024Dyker311 units · 0.7 miaccepted 2024
Common ChargesPer Square Foot / Month$0.76Highest$0.51$0.54
Average Offering PricePer Apartment$655,237Below peers$762,436$857,891
Average PricePer Square Foot$902Below peers$1,011$986
Average Unit SizeSquare Feet692 SFSmaller754 SF870 SF

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Unit mix, closings, budgets, finishes and the team, against Bath Beach Residence and Dyker, cited to the offering plans. No credit card required.

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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.

Closings Pro

Homes closed91% of the homes in Schedule A10 of 11
Closing prices vs. Schedule A10 homes: $6,999,543 at closing against $6,552,366 in Schedule A (p. 38)+6.8%
Average closing price10 homes, on their Schedule A square feet$964 / SF
Closingsfirst and latest recordedFeb 4, 2025 – May 19, 2026

Sales recorded with the Department of Finance (ACRIS) through May 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 10 closings
HomeRecordedClosing priceSchedule ADifference
2DFeb 4, 2025$743,323$686,875 p. 38+8.2%
3DFeb 11, 2025$725,000$686,875 p. 38+5.6%
2BFeb 13, 2025$680,191$665,940 p. 38+2.1%
2AFeb 28, 2025$738,231$677,805 p. 38+8.9%
4BMar 14, 2025$712,775$674,770 p. 38+5.6%
4AMar 19, 2025$486,720$453,550 p. 38+7.3%
3AJul 24, 2025$711,757$668,620 p. 38+6.5%
3BNov 20, 2025$707,684$665,940 p. 38+6.3%
2CMay 19, 2026$746,931$685,996 p. 38+8.9%
3CMay 19, 2026$746,931$685,995 p. 38+8.9%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
Silver Bay Realty, LLC
Developers
J - Star Holding LLC, Riverspring Capital LLC
Principals
Chao Yang Chen, Siu Lau, Ting Zhang, Wai Man Liu, Yun Yun Li
Tax estimate
MGNY ConsultingPrepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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