5811 6th Avenue Condominium
5811 6th Avenue, Brooklyn, NY 11220
Overview
- Units
- 8 residential
- Subway
- 7 min walk to 59 St N R8 Av N, 7 min
- Principals
- Hanjun Bai, Linlin Zhuo, Jingdi Lin
- Offering price
- $5.71 million total
- Floor plans
- Page 273 of the plan
The sponsor of record is 5811 6th Ave LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 331 pages. The sponsor has filed 2 amendments, the latest in February 2021. The nearest other condo plan on file is 556 60th Street Condominium, next door.
Plan CD190291 · New · accepted Mar 4, 2020 · AG record ↗
Compare
| Figure | This building1 | 838 41st28 units · 0.9 miaccepted 2020 | 861 Sun38 units · 0.5 miaccepted 2020 |
|---|---|---|---|
| Average Offering PricePer Apartment | $713,500Highest | $575,250 | $461,250 |
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Unit mix, closings, budgets, finishes and the team, against 838 41st and 861 Sun, cited to the offering plans. No credit card required.
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- 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 closed100% of the homes in the plan | 8 of 8 |
| Closingsfirst and latest recorded | Aug 19, 2020 – Jul 6, 2021 |
Sales recorded with the Department of Finance (ACRIS) through Mar 31, 2022: 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.
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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- 5811 6th Ave LLC
- Principals
- Hanjun Bai, Linlin Zhuo, Jingdi Lin
- Counsel
- Moritt Hock & Hamroff, LLP
- Tax estimate
- Highpoint Incentives, Inc.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 556 60th Street Condominiumnext door · 8 units · 2006
- Sunlight Condominiumnext door · 6 units
- 540 57th Street Condominium0.1 mi · 6 units · 2018
- 538 57th Street Condominium0.1 mi · 5 units · 1 parking · 2010
- Trahall Plaza Condominium0.1 mi · 12 units · 2010
- 563 56th Street Condominium0.1 mi · 8 units · 2010