THE CONDO BOOK PROJECT

772 Condominium

772 50th Street, Brooklyn, NY 11220

Overview

Units
10 residential · 5 commercial
Subway
12 min walk to 8 Av N50 St D, 13 min
Principals
Li Lan Wu
Offering price
$8.62 million total $7.25 million when first offered

The sponsor of record is Lucky Group 772 Inc, represented by Lawrence Lixin Yang, P.C.. The offering plan runs 317 pages. The sponsor has filed 4 amendments, the latest in May 2024. The nearest other condo plan on file is R & K Condominium, next door.

Plan CD220097 · New · accepted Oct 5, 2022 · AG record ↗

Compare

FigureThis building1915 55st28 units · 0.3 miaccepted 2022901 60th38 units · 0.5 miaccepted 2023
Average Offering PricePer Apartment$724,800In line$756,800$721,823

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Unit mix, closings, budgets, finishes and the team, against 915 55st and 901 60th, 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 closed100% of the homes in the plan10 of 10
Closingsfirst and latest recordedSep 19, 2023 – Jun 21, 2024

Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2025: 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
4BSep 19, 2023$600,768——
5CSep 19, 2023$375,180——
3AOct 6, 2023$519,308——
5BOct 6, 2023$359,970——
3BOct 10, 2023$456,300——
4COct 10, 2023$365,040——
4AOct 11, 2023$420,810——
5ANov 6, 2023$375,180——
3CNov 20, 2023$375,180——
2AJun 21, 2024$669,663——

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Closings are for subscribers

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
Lucky Group 772 Inc
Principals
Li Lan Wu

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

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