THE CONDO BOOK PROJECT

Hua Xing Condominium

779 47th Street, Brooklyn, NY 11220

Overview

Units
14 residential · 2 commercial
Subway
11 min walk to Fort Hamilton Pkwy D9 Av D, 13 min
Offering price
$15.4 million total $8.21 million when first offered

The sponsor of record is Hang Hui Realty LLC, represented by Sichenzia Ross Ference LLP. The offering plan runs 294 pages. The sponsor has filed 5 amendments, the latest in December 2023. The nearest other condo plan on file is Foo Ho Condominium, next door.

Plan CD190253 · New · accepted Aug 25, 2020 · AG record ↗

Compare

FigureThis building1838 41st28 units · 0.3 miaccepted 2020Xian De38 units · 0.5 miaccepted 2021
Average Offering PricePer Apartment$586,743In line$575,250$593,333

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Unit mix, closings, budgets, finishes and the team, against 838 41st and Xian De, 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 closed57% of the homes in the plan8 of 14
Closingsfirst and latest recordedJun 13, 2023 – Jun 29, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 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 8 closings
HomeRecordedClosing priceSchedule ADifference
3CJun 13, 2023$514,013——
4CAug 8, 2023$507,000——
5ADec 6, 2023$514,216——
5CDec 14, 2023$610,950——
5BDec 20, 2023$527,077——
6BJan 15, 2025$733,140——
4AMay 14, 2026$500,000——
3DJun 29, 2026$580,000——

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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
Hang Hui Realty LLC
Tax estimate
Anthony Como AssociatesPrepared the first-year real estate tax projection

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

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