Placid 45 Condominium
811 45th Street, Brooklyn, NY 11220
Overview
- Units
- 23 residential · 12 parking · 3 commercial
- Subway
- 8 min walk to Fort Hamilton Pkwy D9 Av D, 9 min
- Principals
- Cun Long Chen
- Average $/sf
- $1,040Homes in Schedule A, as first offered
- Common charges
- $293–$507 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
- Offering price
- $24.4 million total
- Floor plans
- Page 10 of the plan
The sponsor of record is 811 Tower LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 355 pages. The sponsor has filed 2 amendments, the latest in June 2026. The nearest other condo plan on file is 821 45th Street Condominium, next door.
Plan CD230197 · Rehab · accepted Jan 3, 2024 · AG record ↗
Compare
| Figure | This building1 | 39 Argyle Road216 units · 1.7 miaccepted 2022 | 45 Argyle Road316 units · 1.7 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.56Below peers | $0.64 | $0.63 |
| Average Offering PricePer Apartment | $672,826Below peers | $727,188 | $713,750 |
| Average PricePer Square Foot | $1,040Highest | $895 | $887 |
| Property TaxesPer Square Foot / Month | $0.62Below peers | $0.74 | $0.72 |
| Average Unit SizeSquare Feet | 647 SFSmallest | 813 SF | 805 SF |
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Unit mix, closings, budgets, finishes and the team, against 39 Argyle Road and 45 Argyle Road, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed96% of the homes in Schedule A | 22 of 23 |
| Closing prices vs. Schedule A22 homes: $12,817,404 at closing against $14,885,000 in Schedule A (p. 53) | −13.9% |
| Average closing price22 homes, on their Schedule A square feet | $892 / SF |
| Closingsfirst and latest recorded | Aug 26, 2024 – May 12, 2025 |
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 22 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3B | Aug 26, 2024 | $466,440 | $560,000 p. 53 | −16.7% |
| 4E | Aug 27, 2024 | $605,859 | $750,000 p. 53 | −19.2% |
| 3E | Sep 3, 2024 | $631,315 | $740,000 p. 53 | −14.7% |
| 2E | Sep 4, 2024 | $732,937 | $770,000 p. 53 | −4.8% |
| 3F | Sep 17, 2024 | $459,342 | $560,000 p. 53 | −18% |
| 2A | Sep 30, 2024 | $728,049 | $780,000 p. 53 | −6.7% |
| 3C | Sep 30, 2024 | $456,300 | $615,000 p. 53 | −25.8% |
| 2F | Oct 8, 2024 | $560,038 | $590,000 p. 53 | −5.1% |
| 3A | Oct 8, 2024 | $646,589 | $800,000 p. 53 | −19.2% |
| 2C | Nov 12, 2024 | $519,308 | $590,000 p. 53 | −12% |
| 2B | Nov 14, 2024 | $491,790 | $535,000 p. 53 | −8.1% |
| 5D | Nov 25, 2024 | $641,498 | $780,000 p. 53 | −17.8% |
| 2D | Nov 26, 2024 | $554,946 | $670,000 p. 53 | −17.2% |
| 4C | Dec 3, 2024 | $534,581 | $630,000 p. 53 | −15.1% |
| 4F | Dec 5, 2024 | $486,720 | $575,000 p. 53 | −15.4% |
| 4D | Dec 16, 2024 | $519,308 | $680,000 p. 53 | −23.6% |
| 4A | Jan 9, 2025 | $834,965 | $820,000 p. 53 | +1.8% |
| 5A | Feb 4, 2025 | $763,688 | $920,000 p. 53 | −17% |
| 5E | Mar 17, 2025 | $536,081 | $595,000 p. 53 | −9.9% |
| 3D | Apr 8, 2025 | $621,133 | $665,000 p. 53 | −6.6% |
| 5C | May 8, 2025 | $570,220 | $685,000 p. 53 | −16.8% |
| 4B | May 12, 2025 | $456,300 | $575,000 p. 53 | −20.6% |
Pro
Closings are for subscribers
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
- 811 Tower LLC
- Principals
- Cun Long Chen
- Tax estimate
- SJP Tax Consultants Inc.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 821 45th Street Condominiumnext door · 0 units · 2026
- 867 45 Street Condominiumnext door · 6 units · 2015
- 869 45 Street Condominiumnext door · 6 units · 2015
- Hua Xing Condominium0.1 mi · 14 units · 2020
- Sunset View Condominium0.1 mi · 8 units · 2011
- Foo Ho Condominium0.1 mi · 14 units · 2008