828 57th Street Condominium
828 57th Street, Brooklyn, NY 11220
Overview
- Units
- 0 residential · 6 commercial
- Subway
- 6 min walk to 8 Av NFort Hamilton Pkwy N, 9 min
- Principals
- Bing Ru Zheng, Gu Chen
- Average $/sf
- $1,121Homes in Schedule A, as first offered
- Common charges
- $486–$1,390 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 - June 30, 2024
- Offering price
- $9.45 million total
- Floor plans
- Pages 166–169 of the plan
The sponsor of record is Hong Yuan Property LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 239 pages. The sponsor has filed 3 amendments, the latest in February 2026. The nearest other condo plan on file is 834 57th Street Condominium, next door.
Plan CD220181 · Rehab · accepted Aug 3, 2023 · AG record ↗
Units & Prices
Closings Pro
| Homes closed17% of the homes in Schedule A | 1 of 6 |
| Closing prices vs. Schedule A1 home: $1,133,275 at closing against $1,300,000 in Schedule A (p. 34) | −12.8% |
| Average closing price1 home, on their Schedule A square feet | $1,052 / SF |
| Closingsfirst and latest recorded | Nov 25, 2025 |
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 1 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3 | Nov 25, 2025 | $1,133,275 | $1,300,000 p. 34 | −12.8% |
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
- Hong Yuan Property LLC
- Principals
- Bing Ru Zheng, Gu Chen
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
- Construction lender
- Patriot Bank$1.6 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 834 57th Street Condominiumnext door · 12 units · 2009
- 837 58th Street Condominiumnext door · 0 units · 2007
- 829 57th Street Condominiumnext door · 0 units · 2007
- 839 58th Street Condominiumnext door · 7 units · 2009
- 821 57th Street Condominiumnext door · 10 units · 4 parking · 2006
- Xingfu Condominiumnext door · 6 units