Sun City Condominium
869 57th Street, Brooklyn, NY 11220
Overview
- Units
- 17 residential · 12 parking · 5 commercial
- Subway
- 8 min walk to 8 Av NFort Hamilton Pkwy N, 8 min
- Principals
- Geng Chen, Duan Fei Lui, Ying Chen, Yoan Ching Chan
- Offering price
- $14.4 million total $18.6 million when first offered
- Floor plans
- Page 28 of the plan
The sponsor of record is 869 Central LLC, represented by Paul A. Leff, Esq.. The offering plan runs 287 pages. The sponsor has filed 7 amendments, the latest in October 2024. The nearest other condo plan on file is 866 Condominium, next door.
Plan CD170133 · New · accepted Nov 21, 2017 · AG record ↗
Compare
| Figure | This building1 | Cypress214 units · 1.8 miaccepted 2018 | 1575 61st311 units · 1.1 miaccepted 2020 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.1MIn line | $970,429 | $1.1M |
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Unit mix, closings, budgets, finishes and the team, against Cypress and 1575 61st, cited to the offering plans. No credit card required.
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- 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 closed76% of the homes in the plan | 13 of 17 |
| Closingsfirst and latest recorded | Apr 8, 2019 – May 29, 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 13 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 402 | Apr 8, 2019 | $763,688 | — | — |
| 302 | Apr 9, 2019 | $763,688 | — | — |
| 303 | Apr 12, 2019 | $741,286 | — | — |
| 204 | Apr 18, 2019 | $425,880 | — | — |
| 404 | Jul 6, 2021 | $682,228 | — | — |
| 102 | Jul 14, 2021 | $900,000one deed, 2 homes | — | — |
| PC6 | Jul 14, 2021 | $900,000one deed, 2 homes | — | — |
| 201 | Mar 28, 2023 | $453,150 | — | — |
| 403 | Mar 28, 2023 | $605,475 | — | — |
| 501 | Jul 27, 2023 | $575,201 | — | — |
| 301 | Dec 22, 2023 | $560,000 | — | — |
| 205 | May 29, 2025 | $436,020 | — | — |
| 502 | May 29, 2025 | $519,308 | — | — |
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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.
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
- 869 Central LLC
- Principals
- Geng Chen, Duan Fei Lui, Ying Chen, Yoan Ching Chan
- Counsel
- Paul A. Leff, Esq.
- Tax estimate
- Paul A. Leff, Esq.Prepared the first-year real estate tax projection
- Construction lender
- Popular Bank$6 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 866 Condominiumnext door · 9 units · 2018
- 849 57th Street Condominiumnext door · 0 units · 3 parking · 2010
- 850 57th Street Condominiumnext door · 5 units · 2021
- 829 57th Street Condominiumnext door · 0 units · 2007
- 834 57th Street Condominiumnext door · 12 units · 2009
- Xingfu Condominiumnext door · 6 units