THE CONDO BOOK PROJECT

816 58th Street Condominium

816 58th Street, Brooklyn, NY 11220

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Overview

Units
10 residential · 4 commercial
Subway
5 min walk to 8 Av NFort Hamilton Pkwy N, 9 min
Principals
Hanjun Bai, Linzhong Zhuo, Baozhen Lin
Average $/sf
$935Homes in Schedule A, as first offered
Common charges
$245–$488 a monthSponsor's first-year estimate in Schedule A, For the Period of November 1, 2025 to October 31, 2026
Offering price
$26.2 million total $26.1 million when first offered

The sponsor of record is Sunrise Brooklyn LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 352 pages. The sponsor has filed 1 amendment, the latest in April 2025. The nearest other condo plan on file is 837 58th Street Condominium, next door.

Plan CD240330 · New · accepted Apr 8, 2025 · AG record ↗

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FigureThis building11725 68th28 units · 1.4 miaccepted 2025Dyker311 units · 1.4 miaccepted 2024
Common ChargesPer Square Foot / Month$0.50In line$0.33$0.54
Average Offering PricePer Apartment$869,128Above peers$843,750$857,891
Average PricePer Square Foot$935Below peers$955$986
Property TaxesPer Square Foot / Month$0.94Above peers$0.84$0.62
Average Unit SizeSquare Feet929 SFLarger883 SF870 SF

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Unit mix, closings, budgets, finishes and the team, against 1725 68th 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 closed100% of the homes in Schedule A10 of 10
Closing prices vs. Schedule A10 homes: $8,042,145 at closing against $8,691,280 in Schedule A (p. 47)−7.5%
Average closing price10 homes, on their Schedule A square feet$865 / SF
Closingsfirst and latest recordedAug 12, 2025 – Oct 14, 2025

Sales recorded with the Department of Finance (ACRIS) through Jan 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
5BAug 12, 2025$853,294$913,560 p. 47−6.6%
6BAug 18, 2025$845,148$913,560 p. 47−7.5%
8AAug 20, 2025$436,020$530,000 p. 47−17.7%
6AAug 27, 2025$853,294$910,800 p. 47−6.3%
7AAug 27, 2025$917,240$910,800 p. 47+0.7%
5AAug 28, 2025$845,148$910,800 p. 47−7.2%
4ASep 11, 2025$789,144$889,640 p. 47−11.3%
4BSep 11, 2025$804,418$913,560 p. 47−11.9%
8BSep 26, 2025$883,841$885,000 p. 47−0.1%
7BOct 14, 2025$814,600$913,560 p. 47−10.8%

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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
Sunrise Brooklyn LLC
Principals
Hanjun Bai, Linzhong Zhuo, Baozhen Lin
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Amerasia Bank$7.75 million recorded

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

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