THE CONDO BOOK PROJECT

915 56th Street Condominium

915 56th Street, Brooklyn, NY 11219

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Overview

Units
7 residential · 2 commercial
Subway
9 min walk to Fort Hamilton Pkwy N8 Av N, 10 min
Principals
Hai Qin Lin, Liang Dong Zhou
Average $/sf
$1,020Homes in Schedule A, as first offered
Common charges
$447–$895 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 to December 31, 2024
Offering price
$5.92 million total

The sponsor of record is 915 56 Ldhq Realty LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 337 pages. The sponsor has filed 3 amendments, the latest in June 2025. The nearest other condo plan on file is 928 Condominium, next door.

Plan CD230164 · Rehab · accepted Nov 30, 2023 · AG record ↗

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FigureThis building1756 40th27 units · 0.8 miaccepted 2022Woodgreen36 units · 1.9 miaccepted 2026
Common ChargesPer Square Foot / Month$0.68Highest$0.49$0.46
Average Offering PricePer Apartment$845,714In line$664,286$1.37M
Average PricePer Square Foot$1,020Below peers$1,061$1,059
Property TaxesPer Square Foot / Month$1.19Highest$0.82$0.07
Average Unit SizeSquare Feet829 SFIn line626 SF1,291 SF

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Unit mix, closings, budgets, finishes and the team, against 756 40th and Woodgreen, 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 closed29% of the homes in Schedule A2 of 7
Closing prices vs. Schedule A2 homes: $1,067,038 at closing against $1,650,000 in Schedule A (p. 43)−35.3%
Average closing price2 homes, on their Schedule A square feet$715 / SF
Closingsfirst and latest recordedJul 25, 2024 – Aug 19, 2024

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2024: 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 2 closings
HomeRecordedClosing priceSchedule ADifference
2BJul 25, 2024$560,038$850,000 p. 43−34.1%
4AAug 19, 2024$507,000$800,000 p. 43−36.6%

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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
915 56 Ldhq Realty LLC
Principals
Hai Qin Lin, Liang Dong Zhou
Tax estimate
Metropollitan Realty ExemptionsPrepared the first-year real estate tax projection

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

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