THE CONDO BOOK PROJECT

Longfield

131-02 40th Road, Queens, NY 11354

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Overview

Longfield is a 392-unit condo in Queens, with 125 parking units, 50 storage units and 2 commercial units.

  • Offering plan: Accepted March 2023 · 804 pages
  • Finishes: 8'8" ceilings, engineered wood floors, quartz kitchen countertops, wood veneer cabinets, Bosch appliances, a washer and dryer in each apartment and Kohler bathroom fittings
  • Prices: $1,380 a square foot on average, as first offered; $1.42 million in all
  • Utilities: Electricity paid by the owner p. 82
  • Developer: Jade Century Properties; principals Xiaorong Zhai
  • Sponsor: Flushing Point Property LLC, represented by Marans Newman Tsolis & Nazinitsky LLC
  • Neighborhood: Flushing, Queens
  • Subway: 10-minute walk to Flushing-Main St (7); 19 minutes to Mets-Willets Point (7)
  • Amendments: 5, the latest in June 2026
  1. AcceptedMarch 2023
  2. 5 amendments
  3. First sale
  4. Latest sale

Sales

332 of 392 units sold (85%)

$230.3 millionin sales
$1,080/SFaverage sale price
September 2024 – September 2026first to latest sale
UnitSoldPrice
4ISep 1, 2026$862,397
10TJun 30, 2026$830,659
4DJun 15, 2026$530,990
14HJun 11, 2026$870,054
12NJun 9, 2026$671,164
7QJun 5, 2026$626,203
3SJun 1, 2026$937,798
19RMay 21, 2026$688,548
20OMay 21, 2026$649,058
20KMay 11, 2026$651,824
13TMay 7, 2026$863,253
17TMay 4, 2026$903,750
6SMay 1, 2026$880,044
15SApr 24, 2026$1,054,194
18HApr 17, 2026$996,806
13NApr 16, 2026$676,576
13SApr 10, 2026$963,523
5SApr 8, 2026$872,143
8SApr 6, 2026$907,699
6HMar 24, 2026$878,118
12SMar 24, 2026$952,147
10SMar 19, 2026$924,490
15VMar 19, 2026$682,503
11HMar 18, 2026$838,468
13IMar 18, 2026$963,857
8VMar 16, 2026$637,070
7NMar 12, 2026$607,793
20LMar 9, 2026$690,406
14SFeb 26, 2026$970,438
5GFeb 13, 2026$832,297
18RFeb 13, 2026$676,103
10VJan 30, 2026$651,409
17SJan 30, 2026$1,006,469
8EJan 26, 2026$567,180
15OJan 21, 2026$602,268
4KJan 20, 2026$538,465
17KJan 9, 2026$641,295
11TJan 7, 2026$823,153
14QJan 7, 2026$706,209
4JDec 29, 2025$553,236
12TDec 22, 2025$856,338
15QDec 19, 2025$712,134
16NDec 11, 2025$696,330
19MDec 2, 2025$663,261
9PNov 26, 2025$591,646
18KNov 25, 2025$642,795
12UNov 20, 2025$928,963
17UNov 14, 2025$998,409
3QNov 12, 2025$593,609
7RNov 10, 2025$571,881
16MNov 4, 2025$702,267
9INov 3, 2025$986,013
16VOct 27, 2025$696,330
20SOct 22, 2025$1,030,687
4QOct 21, 2025$675,904
9VOct 9, 2025$636,593
18QOct 6, 2025$738,803
14OOct 3, 2025$610,938
12OSep 29, 2025$593,640
18LSep 29, 2025$679,102
10NSep 24, 2025$647,458
14VSep 24, 2025$755,756
6GSep 17, 2025$758,067
5NSep 9, 2025$603,488
17RSep 9, 2025$669,664
8LSep 8, 2025$581,952
7LSep 4, 2025$602,804
11USep 4, 2025$899,868
15LAug 28, 2025$658,798
17OAug 28, 2025$618,078
7UAug 27, 2025$815,843
19OAug 27, 2025$526,435
10UAug 26, 2025$832,634
15RAug 26, 2025$640,831
16SAug 26, 2025$984,739
15UAug 25, 2025$892,884
6BAug 22, 2025$573,855
10OAug 22, 2025$550,873
13QAug 20, 2025$700,282
14UAug 20, 2025$958,540
17QAug 20, 2025$732,876
18SAug 20, 2025$1,099,935
7VAug 19, 2025$622,254
9RAug 19, 2025$582,745
16QAug 18, 2025$718,061
16RAug 13, 2025$655,836
6RMay 30, 2025$559,042
6UMay 30, 2025$788,188
10RMay 29, 2025$588,672
6QMay 28, 2025$611,388
13UMay 28, 2025$977,918
8QMay 16, 2025$612,581
14RMay 15, 2025$644,970
13HMay 13, 2025$929,540
10MMay 9, 2025$592,622
13RMay 8, 2025$641,533
9LMay 6, 2025$614,352
14LMay 6, 2025$644,970
6VMay 5, 2025$696,799
9HMay 2, 2025$874,600
12RMay 2, 2025$634,106
3NMay 1, 2025$609,412
15PMay 1, 2025$589,658
3UApr 30, 2025$810,904
4MApr 30, 2025$549,163
20PApr 30, 2025$626,203
13OApr 29, 2025$592,085
13PApr 29, 2025$579,781
7OApr 28, 2025$528,472
10QApr 28, 2025$643,982
11MApr 28, 2025$568,937
11OApr 28, 2025$529,094
11PApr 28, 2025$558,787
4RApr 25, 2025$549,675
17LApr 25, 2025$679,539
4UApr 24, 2025$838,571
9QApr 24, 2025$701,698
8OApr 23, 2025$506,129
8RApr 23, 2025$559,936
15MApr 23, 2025$631,655
3PApr 22, 2025$555,965
18UApr 22, 2025$924,571
15FApr 21, 2025$899,522
19SApr 21, 2025$996,889
7PApr 16, 2025$531,527
18OApr 16, 2025$631,315
5UApr 15, 2025$868,659
11QMar 31, 2025$667,137
13MMar 28, 2025$618,303
6FMar 13, 2025$812,768
11LMar 12, 2025$617,541
9MMar 11, 2025$586,697
5IMar 10, 2025$877,298
5MMar 10, 2025$555,090
6LMar 7, 2025$579,781
6NMar 7, 2025$610,400
13LMar 7, 2025$710,586
16PMar 7, 2025$595,585
6PMar 6, 2025$501,930
9OMar 6, 2025$538,654
10PMar 6, 2025$531,385
19HMar 5, 2025$798,584
16UMar 4, 2025$893,871
8MMar 3, 2025$562,807
12LMar 3, 2025$633,148
6MFeb 28, 2025$578,366
15DFeb 28, 2025$518,239
12VFeb 27, 2025$671,639
5OFeb 25, 2025$511,162
12PFeb 24, 2025$574,843
11RFeb 21, 2025$638,443
16AFeb 21, 2025$642,252
5VFeb 20, 2025$669,256
7BFeb 20, 2025$564,721
4PFeb 19, 2025$489,825
14MFeb 19, 2025$625,730
17EFeb 19, 2025$603,926
4NFeb 18, 2025$596,572
8NFeb 18, 2025$613,536
8PFeb 18, 2025$502,316
9UFeb 14, 2025$831,647
14BFeb 14, 2025$619,281
16OFeb 14, 2025$677,645
11SFeb 13, 2025$982,185
3KFeb 12, 2025$537,922
5PFeb 12, 2025$494,741
5RFeb 12, 2025$554,615
7AFeb 12, 2025$647,179
11VFeb 11, 2025$700,150
14PFeb 11, 2025$584,721
6OFeb 6, 2025$523,381
9BFeb 6, 2025$617,875
14EJan 31, 2025$624,187
20EJan 31, 2025$647,037
7KJan 30, 2025$632,191
19PJan 30, 2025$618,302
12MJan 28, 2025$677,004
5QJan 27, 2025$605,463
12QJan 27, 2025$694,355
16LJan 27, 2025$723,010
18DJan 27, 2025$575,311
4VJan 24, 2025$602,499
16JJan 24, 2025$633,526
20UJan 22, 2025$1,014,686
17PJan 21, 2025$608,425
4OJan 17, 2025$513,198
18MJan 16, 2025$656,824
19KJan 16, 2025$652,781
3OJan 15, 2025$563,601
3RJan 15, 2025$515,581
17GJan 15, 2025$852,404
17MJan 14, 2025$649,909
8JJan 13, 2025$550,800
12HJan 10, 2025$885,470
5KJan 9, 2025$539,700
18FJan 8, 2025$934,328
5LJan 7, 2025$581,757
7FJan 6, 2025$772,426
9AJan 6, 2025$583,734
18PJan 3, 2025$613,363
7DJan 2, 2025$513,035
3MDec 30, 2024$567,165
4LDec 30, 2024$567,929
8UDec 30, 2024$791,568
7JDec 27, 2024$548,939
17ADec 27, 2024$646,132
13ADec 23, 2024$691,208
8HDec 20, 2024$767,700
19DDec 20, 2024$584,178
20DDec 20, 2024$580,443
11FDec 19, 2024$788,355
11NDec 19, 2024$643,208
15HDec 19, 2024$941,352
9KDec 18, 2024$570,780
10LDec 18, 2024$678,562
20JDec 18, 2024$671,923
19ADec 17, 2024$720,067
20IDec 17, 2024$967,338
6EDec 16, 2024$537,815
13EDec 16, 2024$666,323
4ADec 13, 2024$546,291
8ADec 13, 2024$593,946
9DDec 10, 2024$555,965
12KDec 10, 2024$655,806
11EDec 9, 2024$560,038
9EDec 6, 2024$561,361
11GDec 5, 2024$865,411
3GDec 4, 2024$763,280
15ADec 3, 2024$643,280
6IDec 2, 2024$877,711
14FDec 2, 2024$814,729
11DNov 26, 2024$538,808
16BNov 26, 2024$693,451
20ANov 26, 2024$674,795
10ENov 25, 2024$636,406
5ANov 22, 2024$519,124
9JNov 22, 2024$608,343
11INov 22, 2024$936,098
12BNov 22, 2024$628,718
6ANov 21, 2024$524,439
8FNov 21, 2024$838,610
13FNov 21, 2024$893,170
7GNov 20, 2024$769,593
10FNov 20, 2024$788,126
13KNov 20, 2024$610,666
17INov 20, 2024$1,007,884
18ANov 20, 2024$662,351
3ANov 19, 2024$549,407
10JNov 19, 2024$597,265
11JNov 19, 2024$618,974
18INov 19, 2024$1,009,799
13JNov 18, 2024$623,933
14ANov 18, 2024$636,406
19BNov 18, 2024$649,909
4BNov 15, 2024$616,603
16FNov 15, 2024$842,296
16INov 15, 2024$873,273
10BNov 14, 2024$543,929
15BNov 14, 2024$573,163
20HNov 14, 2024$921,944
5JNov 13, 2024$606,877
9FNov 12, 2024$786,781
12ENov 12, 2024$674,082
12JNov 12, 2024$607,515
13BNov 12, 2024$648,116
4FNov 8, 2024$798,411
5BNov 8, 2024$501,960
8KNov 8, 2024$525,325
11BNov 8, 2024$543,929
17FNov 8, 2024$868,140
8BNov 7, 2024$576,207
16GNov 7, 2024$855,330
17DNov 7, 2024$595,585
5DNov 6, 2024$456,971
6KNov 6, 2024$550,364
8INov 5, 2024$906,426
15GNov 1, 2024$904,023
19ENov 1, 2024$641,294
20GNov 1, 2024$914,389
14GOct 30, 2024$839,425
14KOct 30, 2024$609,709
17JOct 30, 2024$648,952
18EOct 30, 2024$636,510
4GOct 29, 2024$808,939
5FOct 29, 2024$746,582
10AOct 29, 2024$589,618
12GOct 28, 2024$811,902
13GOct 28, 2024$892,212
7HOct 25, 2024$841,482
8DOct 25, 2024$483,436
11KOct 25, 2024$609,412
14DOct 25, 2024$663,899
6DOct 24, 2024$467,557
5EOct 23, 2024$504,972
10HOct 23, 2024$894,451
17BOct 22, 2024$618,974
17HOct 22, 2024$874,719
18BOct 22, 2024$629,167
18JOct 22, 2024$639,359
19JOct 22, 2024$639,359
9GOct 21, 2024$784,867
3DOct 18, 2024$556,139
10GOct 18, 2024$865,411
12AOct 18, 2024$612,692
8GOct 17, 2024$816,738
20FOct 17, 2024$883,456
10IOct 16, 2024$931,547
15KOct 16, 2024$622,151
16DOct 16, 2024$674,082
13DOct 15, 2024$585,494
15EOct 15, 2024$611,623
7EOct 11, 2024$484,281
19IOct 11, 2024$952,398
16KOct 10, 2024$621,194
4EOct 9, 2024$526,512
12FOct 8, 2024$878,813
10DOct 7, 2024$635,388
15IOct 7, 2024$990,709
15JOct 7, 2024$695,039
16EOct 7, 2024$683,552
19GOct 7, 2024$958,895
3BOct 2, 2024$548,837
12DOct 2, 2024$587,530
19FOct 1, 2024$948,683
20BOct 1, 2024$661,394
12ISep 30, 2024$949,498
16HSep 30, 2024$950,599
3JSep 27, 2024$529,490
6JSep 27, 2024$551,486
11ASep 19, 2024$603,965
14JSep 19, 2024$628,851
10KSep 17, 2024$584,463
Every sale: 332 recorded sales, with price and dateGet Full Access

From city records (ACRIS), through Sep 30, 2026.

Common Charges & First-Year Budget

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 305 homes.

Plan's estimate
$7,020 a year per homeSchedule A, as first filed
Full tax, FY2026
$2,130 a year per homeBefore any tax break; 70% less than the estimate
Billed, FY2026
$2,140 a year per home70% less than the estimate

Checked against the first full year's bill for 305 homes: 305 paid less. The typical home paid 70% less than estimated.

HomePlan's estimateFirst yearCurrent
3A$6,466$1,967FY2026$1,967FY2026
3B$6,274$1,909FY2026$1,909FY2026
3C$7,592$2,310FY2026$2,310FY2026
3D$6,045$1,839FY2026$1,839FY2026
3G$8,546$2,599FY2026$2,599FY2026
3H$8,497$2,577FY2026$2,577FY2026
3I$9,336$2,834FY2026$2,834FY2026
3J$6,384$1,943FY2026$1,943FY2026
3K$6,334$1,927FY2026$1,927FY2026
4A$6,472$1,969FY2026$1,969FY2026
4B$6,348$1,932FY2026$1,932FY2026
4C$7,404$2,253FY2026$2,253FY2026
4D$5,517$1,679FY2026
4E$6,070$1,847FY2026$1,847FY2026
4F$8,180$2,489FY2026$2,489FY2026
4G$8,315$2,530FY2026$2,530FY2026
4H$8,337$2,536FY2026$2,536FY2026
4I$9,245$2,813FY2026
4J$6,450$1,963FY2026
4K$6,252$1,901FY2026
5A$6,466$1,967FY2026$1,967FY2026
5B$6,274$1,909FY2026$1,909FY2026
5C$7,484$2,277FY2026$2,277FY2026
5D$5,426$1,651FY2026$1,651FY2026
5E$6,064$1,846FY2026$1,846FY2026
5F$8,271$2,517FY2026$2,517FY2026
5G$8,224$2,502FY2026
5H$8,345$2,539FY2026$2,539FY2026
5I$9,319$2,836FY2026$2,836FY2026
5J$6,375$1,940FY2026$1,940FY2026
5K$6,334$1,927FY2026$1,927FY2026
6A$6,472$1,969FY2026$1,969FY2026
6B$6,348$1,932FY2026
6C$7,404$2,253FY2026$2,253FY2026
6D$5,517$1,679FY2026$1,679FY2026
6E$6,070$1,847FY2026$1,847FY2026
6F$8,180$2,489FY2026$2,489FY2026
6G$8,315$2,530FY2026
6H$8,337$2,536FY2026
6I$9,245$2,813FY2026$2,813FY2026
6J$6,450$1,963FY2026$1,963FY2026
6K$6,252$1,901FY2026$1,901FY2026
7A$6,466$1,967FY2026$1,967FY2026
7B$6,274$1,909FY2026$1,909FY2026
7C$7,484$2,277FY2026$2,277FY2026
7D$5,426$1,651FY2026$1,651FY2026
7E$6,064$1,846FY2026$1,846FY2026
7F$8,271$2,517FY2026$2,517FY2026
7G$8,224$2,502FY2026$2,502FY2026
7H$8,345$2,539FY2026$2,539FY2026
7I$9,319$2,836FY2026$2,836FY2026
7J$6,375$1,940FY2026$1,940FY2026
7K$6,334$1,927FY2026$1,927FY2026
8A$6,472$1,969FY2026$1,969FY2026
8B$6,348$1,932FY2026$1,932FY2026
8C$7,404$2,253FY2026$2,253FY2026
8D$5,517$1,679FY2026$1,679FY2026
8E$6,070$1,847FY2026
8F$8,180$2,489FY2026$2,489FY2026
8G$8,315$2,530FY2026$2,530FY2026
8H$8,337$2,536FY2026$2,536FY2026
8I$9,245$2,813FY2026$2,813FY2026
8J$6,450$1,963FY2026$1,963FY2026
8K$6,252$1,901FY2026$1,901FY2026
9A$6,466$1,967FY2026$1,967FY2026
9B$6,274$1,909FY2026$1,909FY2026
9C$7,484$2,277FY2026$2,277FY2026
9D$5,426$1,651FY2026$1,651FY2026
9E$6,064$1,846FY2026$1,846FY2026
9F$8,271$2,517FY2026$2,517FY2026
9G$8,224$2,502FY2026$2,502FY2026
9H$8,345$2,539FY2026$2,539FY2026
9I$9,319$2,836FY2026
9J$6,375$1,940FY2026$1,940FY2026
9K$6,334$1,927FY2026$1,927FY2026
10A$6,472$1,969FY2026$1,969FY2026
10B$6,348$1,932FY2026$1,932FY2026
10C$7,404$2,253FY2026$2,253FY2026
10D$5,517$1,679FY2026$1,679FY2026
10E$6,070$1,847FY2026$1,847FY2026
10F$8,180$2,489FY2026$2,489FY2026
10G$8,315$2,530FY2026$2,530FY2026
10H$8,337$2,536FY2026$2,536FY2026
10I$9,245$2,813FY2026$2,813FY2026
10J$6,450$1,963FY2026$1,963FY2026
10K$6,252$1,901FY2026$1,901FY2026
11A$6,466$1,967FY2026$1,967FY2026
11B$6,274$1,909FY2026$1,909FY2026
11C$7,484$2,277FY2026$2,277FY2026
11D$5,426$1,651FY2026$1,651FY2026
11E$6,064$1,846FY2026$1,846FY2026
11F$8,271$2,517FY2026$2,517FY2026
11G$8,224$2,502FY2026$2,502FY2026
11H$8,345$2,539FY2026
11I$9,319$2,836FY2026$2,836FY2026
11J$6,375$1,940FY2026$1,940FY2026
11K$6,334$1,927FY2026$1,927FY2026
12A$6,472$1,969FY2026$1,969FY2026
12B$6,348$1,932FY2026$1,932FY2026
12C$7,404$2,253FY2026$2,253FY2026
12D$5,517$1,679FY2026$1,679FY2026
12E$6,070$1,847FY2026$1,847FY2026
12F$8,180$2,489FY2026$2,489FY2026
12G$8,315$2,530FY2026$2,530FY2026
12H$8,337$2,536FY2026$2,536FY2026
12I$9,245$2,813FY2026$2,813FY2026
12J$6,450$1,963FY2026$1,963FY2026
12K$6,252$1,901FY2026$1,901FY2026
13A$6,466$1,967FY2026$1,967FY2026
13B$6,274$1,909FY2026$1,909FY2026
13C$7,484$2,277FY2026$2,277FY2026
13D$5,426$1,651FY2026$1,651FY2026
13E$6,064$1,846FY2026$1,846FY2026
13F$8,271$2,517FY2026$2,517FY2026
13G$8,224$2,502FY2026$2,502FY2026
13H$8,345$2,539FY2026$2,539FY2026
13I$9,319$2,827FY2026
13J$6,375$1,940FY2026$1,940FY2026
13K$6,334$1,927FY2026$1,927FY2026
14A$6,472$1,969FY2026$1,969FY2026
14B$6,348$1,932FY2026$1,932FY2026
14C$7,404$2,253FY2026$2,253FY2026
14D$5,517$1,679FY2026$1,679FY2026
14E$6,070$1,847FY2026$1,847FY2026
14F$8,180$2,489FY2026$2,489FY2026
14G$8,315$2,530FY2026$2,530FY2026
14H$8,337$2,536FY2026
14I$9,245$2,813FY2026$2,813FY2026
14J$6,450$1,963FY2026$1,963FY2026
14K$6,252$1,901FY2026$1,901FY2026
15A$6,466$1,967FY2026$1,967FY2026
15B$6,274$1,909FY2026$1,909FY2026
15C$7,484$2,277FY2026$2,277FY2026
15D$5,426$1,651FY2026$1,651FY2026
15E$6,064$1,846FY2026$1,846FY2026
15F$8,271$2,517FY2026$2,517FY2026
15G$8,224$2,502FY2026$2,502FY2026
15H$8,345$2,539FY2026$2,539FY2026
15I$9,319$2,827FY2026$2,827FY2026
15J$6,375$1,940FY2026$1,940FY2026
15K$6,334$1,927FY2026$1,927FY2026
16A$6,472$1,969FY2026$1,969FY2026
16B$6,348$1,932FY2026$1,932FY2026
16C$7,404$2,253FY2026$2,253FY2026
16D$5,517$1,679FY2026$1,679FY2026
16E$6,070$1,847FY2026$1,847FY2026
16F$8,180$2,489FY2026$2,489FY2026
16G$8,315$2,530FY2026$2,530FY2026
16H$8,337$2,536FY2026$2,536FY2026
16I$9,245$2,813FY2026$2,813FY2026
16J$6,450$1,963FY2026$1,963FY2026
16K$6,252$1,901FY2026$1,901FY2026
17A$6,466$1,967FY2026$1,967FY2026
17B$6,274$1,909FY2026$1,909FY2026
17C$7,484$2,277FY2026$2,277FY2026
17D$5,426$1,651FY2026$1,651FY2026
17E$6,064$1,846FY2026$1,846FY2026
17F$8,271$2,517FY2026$2,517FY2026
17G$8,224$2,502FY2026$2,502FY2026
17H$8,345$2,539FY2026$2,539FY2026
17I$9,319$2,836FY2026$2,836FY2026
17J$6,375$1,940FY2026$1,940FY2026
17K$6,334$1,927FY2026
18A$6,472$1,969FY2026$1,969FY2026
18B$6,348$1,932FY2026$1,932FY2026
18C$7,404$2,253FY2026$2,253FY2026
18D$5,517$1,679FY2026$1,679FY2026
18E$6,070$1,847FY2026$1,847FY2026
18F$8,180$2,489FY2026$2,489FY2026
18G$8,315$2,530FY2026$2,530FY2026
18H$8,337$2,536FY2026
18I$9,245$2,813FY2026$2,813FY2026
18J$6,450$1,963FY2026$1,963FY2026
18K$6,252$1,901FY2026
19A$6,466$1,967FY2026$1,967FY2026
19B$6,274$1,909FY2026$1,909FY2026
19C$7,484$2,277FY2026$2,277FY2026
19D$5,426$1,651FY2026$1,651FY2026
19E$6,064$1,846FY2026$1,846FY2026
19F$8,271$2,517FY2026$2,517FY2026
19G$8,224$2,502FY2026$2,502FY2026
19H$8,345$2,539FY2026$2,539FY2026
19I$9,319$2,836FY2026$2,836FY2026
19J$6,375$1,940FY2026$1,940FY2026
19K$6,334$1,927FY2026$1,927FY2026
20A$6,472$1,969FY2026$1,969FY2026
20B$6,348$1,932FY2026$1,932FY2026
20C$7,404$2,253FY2026$2,253FY2026
20D$5,517$1,679FY2026$1,679FY2026
20E$6,070$1,847FY2026$1,847FY2026
20F$8,180$2,489FY2026$2,489FY2026
20G$8,315$2,530FY2026$2,530FY2026
20H$8,337$2,536FY2026$2,536FY2026
20I$9,245$2,813FY2026$2,813FY2026
20J$6,450$1,963FY2026$1,963FY2026
20K$6,252$1,901FY2026
3M$6,375$1,938FY2026$1,938FY2026
3N$7,220$2,195FY2026$2,195FY2026
3O$5,192$1,579FY2026$1,579FY2026
3P$5,555$1,691FY2026$1,691FY2026
3Q$6,441$1,960FY2026
3R$5,883$1,790FY2026$1,790FY2026
3S$9,119$2,769FY2026
3T$8,431$2,560FY2026$2,560FY2026
3U$9,154$2,783FY2026$2,783FY2026
4L$6,408$1,950FY2026$1,950FY2026
4M$6,196$1,886FY2026$1,886FY2026
4N$7,102$2,162FY2026$2,162FY2026
4O$5,299$1,612FY2026$1,612FY2026
4P$5,555$1,691FY2026$1,691FY2026
4Q$6,441$1,960FY2026
4R$5,883$1,790FY2026$1,790FY2026
4S$9,105$2,771FY2026$2,771FY2026
4T$8,189$2,492FY2026$2,492FY2026
4U$8,709$2,650FY2026$2,650FY2026
4V$6,802$2,070FY2026$2,070FY2026
5L$6,507$1,980FY2026$1,980FY2026
5M$6,191$1,885FY2026$1,885FY2026
5N$7,107$2,162FY2026
5O$5,203$1,583FY2026$1,583FY2026
5P$5,553$1,690FY2026$1,690FY2026
5Q$6,444$1,961FY2026$1,961FY2026
5R$5,880$1,789FY2026$1,789FY2026
5S$9,119$2,775FY2026
5T$8,189$2,492FY2026$2,492FY2026
5U$8,799$2,678FY2026$2,678FY2026
5V$6,697$2,038FY2026$2,038FY2026
6L$6,408$1,950FY2026$1,950FY2026
6M$6,196$1,886FY2026$1,886FY2026
6N$7,102$2,162FY2026$2,162FY2026
6O$5,299$1,612FY2026$1,612FY2026
6P$5,555$1,691FY2026$1,691FY2026
6Q$6,441$1,960FY2026$1,960FY2026
6R$5,883$1,790FY2026$1,790FY2026
6S$9,105$2,771FY2026
6T$8,189$2,492FY2026$2,492FY2026
6U$8,709$2,650FY2026$2,650FY2026
6V$6,802$2,070FY2026$2,070FY2026
7L$6,507$1,980FY2026
7M$6,191$1,885FY2026$1,885FY2026
7N$7,107$2,162FY2026
7O$5,203$1,583FY2026$1,583FY2026
7P$5,553$1,690FY2026$1,690FY2026
7Q$6,444$1,961FY2026
7R$5,880$1,789FY2026
7S$9,119$2,775FY2026$2,775FY2026
7T$8,189$2,492FY2026$2,492FY2026
7U$8,799$2,678FY2026
7V$6,697$2,038FY2026
8L$6,408$1,950FY2026
8M$6,196$1,886FY2026$1,886FY2026
8N$7,102$2,162FY2026$2,162FY2026
8O$5,299$1,612FY2026$1,612FY2026
8P$5,555$1,691FY2026$1,691FY2026
8Q$6,441$1,960FY2026$1,960FY2026
8R$5,883$1,790FY2026$1,790FY2026
8S$9,105$2,771FY2026
8T$8,189$2,492FY2026$2,492FY2026
8U$8,709$2,650FY2026$2,650FY2026
8V$6,802$2,070FY2026
9L$6,507$1,980FY2026$1,980FY2026
9M$6,191$1,885FY2026$1,885FY2026
9N$7,107$2,162FY2026$2,162FY2026
9O$5,203$1,583FY2026$1,583FY2026
9P$5,553$1,690FY2026
9Q$6,444$1,961FY2026$1,961FY2026
9R$5,880$1,789FY2026
9S$9,119$2,775FY2026$2,775FY2026
9T$8,189$2,492FY2026$2,492FY2026
9U$8,799$2,678FY2026$2,678FY2026
9V$6,697$2,038FY2026
10L$6,408$1,950FY2026$1,950FY2026
10M$6,196$1,886FY2026$1,886FY2026
10N$7,102$2,162FY2026
10O$5,299$1,612FY2026
10P$5,555$1,691FY2026$1,691FY2026
10Q$6,441$1,960FY2026$1,960FY2026
10R$5,883$1,790FY2026$1,790FY2026
10S$9,105$2,771FY2026
10T$8,189$2,492FY2026
10U$8,709$2,650FY2026
10V$6,802$2,070FY2026
11L$6,507$1,980FY2026$1,980FY2026
11M$6,191$1,885FY2026$1,885FY2026
11N$7,107$2,162FY2026$2,162FY2026
11O$5,203$1,583FY2026$1,583FY2026
11P$5,553$1,690FY2026$1,690FY2026
11Q$6,444$1,961FY2026$1,961FY2026
11R$5,880$1,789FY2026$1,789FY2026
11S$9,119$2,775FY2026$2,775FY2026
11T$8,189$2,492FY2026
11U$8,799$2,678FY2026
11V$6,697$2,038FY2026$2,038FY2026
12L$6,408$1,950FY2026$1,950FY2026
12M$6,196$1,886FY2026$1,886FY2026
12N$7,102$2,162FY2026
12O$5,299$1,612FY2026
12P$5,555$1,691FY2026$1,691FY2026
12Q$6,441$1,960FY2026$1,960FY2026
12R$5,883$1,790FY2026$1,790FY2026
12S$9,105$2,771FY2026
12T$8,189$2,492FY2026
12U$8,709$2,650FY2026
12V$6,802$2,070FY2026$2,070FY2026
13L$6,507$1,980FY2026$1,980FY2026
13M$6,191$1,885FY2026$1,885FY2026
13N$7,107$2,162FY2026
13O$5,203$1,583FY2026$1,583FY2026
13P$5,553$1,690FY2026$1,690FY2026
13Q$6,444$1,961FY2026
13R$5,880$1,789FY2026$1,789FY2026
13S$9,119$2,775FY2026
13T$8,189$2,492FY2026
13U$8,799$2,678FY2026$2,678FY2026
14L$6,408$1,950FY2026$1,950FY2026
14M$6,196$1,886FY2026$1,886FY2026
14N$7,102$2,162FY2026$2,162FY2026
14O$5,299$1,612FY2026
14P$5,555$1,691FY2026$1,691FY2026
14Q$6,441$1,960FY2026
14R$5,883$1,790FY2026$1,790FY2026
14S$9,105$2,771FY2026
14T$8,189$2,492FY2026$2,492FY2026
14U$8,709$2,650FY2026
14V$6,802$2,070FY2026
15L$6,507$1,980FY2026
15M$6,191$1,885FY2026$1,885FY2026
15N$7,107$2,162FY2026$2,162FY2026
15O$5,203$1,583FY2026
15P$5,553$1,690FY2026$1,690FY2026
15Q$6,444$1,961FY2026
15R$5,880$1,789FY2026
15S$9,119$2,775FY2026
15T$8,189$2,492FY2026$2,492FY2026
15U$8,799$2,678FY2026
15V$6,697$2,038FY2026
16L$6,408$1,950FY2026$1,950FY2026
16M$6,196$1,886FY2026
16N$7,102$2,162FY2026
16O$5,299$1,612FY2026$1,612FY2026
16P$5,555$1,691FY2026$1,691FY2026
16Q$6,441$1,960FY2026
16R$5,883$1,790FY2026
16S$9,105$2,771FY2026
16T$8,189$2,492FY2026$2,492FY2026
16U$8,709$2,650FY2026$2,650FY2026
16V$6,802$2,070FY2026
17L$6,507$1,980FY2026$1,980FY2026
17M$6,191$1,885FY2026$1,885FY2026
17N$7,107$2,162FY2026$2,162FY2026
17O$5,203$1,583FY2026
17P$5,553$1,690FY2026$1,690FY2026
17Q$6,444$1,961FY2026
17R$5,880$1,789FY2026
17S$9,119$2,775FY2026
17T$8,189$2,492FY2026
17U$8,799$2,678FY2026
17V$6,697$2,038FY2026$2,038FY2026
18L$6,408$1,950FY2026
18M$6,196$1,886FY2026$1,886FY2026
18N$7,102$2,162FY2026$2,162FY2026
18O$5,299$1,612FY2026$1,612FY2026
18P$5,555$1,691FY2026$1,691FY2026
18Q$6,441$1,960FY2026
18R$5,883$1,790FY2026
18S$9,105$2,771FY2026
18T$8,189$2,492FY2026$2,492FY2026
18U$8,709$2,650FY2026$2,650FY2026
18V$6,802$2,070FY2026$2,070FY2026
19L$6,507$1,980FY2026$1,980FY2026
19M$6,191$1,885FY2026
19N$7,107$2,162FY2026$2,162FY2026
19O$5,203$1,583FY2026
19P$5,553$1,690FY2026$1,690FY2026
19Q$6,444$1,961FY2026$1,961FY2026
19R$5,880$1,789FY2026
19S$9,119$2,775FY2026$2,775FY2026
19T$8,189$2,492FY2026$2,492FY2026
19U$8,799$2,678FY2026$2,678FY2026
19V$6,697$2,038FY2026$2,038FY2026
20L$6,408$1,950FY2026
20M$6,196$1,886FY2026$1,886FY2026
20N$7,102$2,162FY2026$2,162FY2026
20O$5,299$1,612FY2026
20P$5,555$1,691FY2026$1,691FY2026
20Q$6,441$1,960FY2026$1,960FY2026
20R$5,883$1,790FY2026$1,790FY2026
20S$9,105$2,771FY2026
20T$8,189$2,492FY2026$2,492FY2026
20U$8,709$2,650FY2026$2,650FY2026
20V$6,802$2,070FY2026$2,070FY2026

The plan's estimate is the sponsor's guess for year one. The city's bill is the real one, from the Department of Finance.

Each home's estimate, city bills and tax breaksGet Full Access

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

Sponsor's counsel fee
$2,950.00Paid by the purchaser to the sponsor's attorneys for the closingp. 17
Counsel's extra charges
  • $250.00: ACRIS preparation feep. 17
  • $500.00: Sponsor's counsel fee for adjournmentp. 123
Transfer taxes
Paid by the purchaserNew York City and State transfer taxes, by law the seller's, shift to the buyer in a sponsor salep. 18
Working capital
“one months' common charges”Contribution to the condominium's working capital fundp. 19
Reserve Fund contribution
“one months' common charges”Paid to Board of Managersp. 19

Not listed: title insurance, mortgage tax, lender fees, mansion tax.

All 6 closing costs in the plan, with their pagesGet Full Access

Amendments

Amendment 4 Sep 30, 2024

Amendment adjusts storage unit sizes and prices, records post-closing disclosures including first unit closing and temporary certificate of occupancy, and extends the offering plan term by six months.

  • First Unit Closing occurred September 17th, 2024
  • Temporary Certificate of Occupancy issued August 22, 2024, expires July 22, 2025
  • $1,000,000.00 posted as security to obtain permanent Certificate of Occupancy
  • Storage unit sizes adjusted, unit S45 increased by 21.85sf
  • Storage unit prices set (S1 $24,000 through S54 $36,000)
  • Declaration recorded July 24, 2024 with Queens County City Register
  • Working Capital Fund $1,118.56, Reserve Fund $1,118.56
  • Offering plan extended six months from amendment date

Amendment 3 Jan 12, 2024

Third amendment extends the offering plan term by six months, updates sponsor disclosures about the building loan and TCO timeline.

  • Plan term extended by six (6) months
  • Building has one loan held by Highbridge Partners III LLC for approximately $78,843,071.31 with monthly payments of approximately $774,633.00; initial maturity date October 1, 2025
  • Sponsor expects TCO to be issued on or around May 2024
  • Tax lot subdivided into two lots (Block 5066, Lot 150 for condominium; Block 5066, Lot 151 for Commercial Tower)
  • No units have closed; condominium operations have not commenced
  • All units remain unsold; no common charges owed by Sponsor for unsold units

Amendment 2 Jun 15, 2023

Plan declared effective after sponsor accepted 65 unit purchase agreements; parking and governance rules clarified and revised.

  • Plan declared effective with 65 units (16% of building) under purchase agreement
  • Handicapped parking spaces P24, P44, P48, P49, P70, P101, P109 clarified for swap rights
  • Parking units may be licensed to public but must be owned by residential unit owner or building occupant
  • Sponsor's mortgagee gains board election rights upon sponsor default
  • Insurance requirements must comply with sponsor's mortgagee loan documents
  • Plan term extended by six months
  • Amended restrictive declaration from October 20, 2021 added as permitted title exception

Amendment 1 May 19, 2023

Amendment revises parking units (70 outdoor spaces excluded, 105 garage units gain EV charging outlets), reduces closing counsel fees from $2,950 to $1,500, and updates Schedule A with revised unit prices and common charges.

  • 70 outdoor parking units removed from condominium; those spaces become valet spaces for Commercial Tower
  • 105 garage parking units equipped with 120V/16Amp electrical outlets for EV charging on individual circuits
  • Closing counsel fees reduced to $1,500 (from $2,950), ACRIS preparation included, no mortgage financing fee
  • Schedule A updated with new offering prices for units (e.g., 3A $692,000, 7I $1,165,000)
  • 22 specific parking units excluded from EV outlet provision (P11, P13, P14, P16, P20, P22, P26, P29, P39, P40, P46, P47, P61, P79, P80, P83, P99, P107, P108, P110, P115, P120)
  • EV charging costs commonly metered until future sub-metering or separate metering implemented
  • Additional closing fees: $500 for off-site closings or each adjournment, $500 for outside NYC closings, $1,000 for default letters or assignment agreements, $1,000 for Interim Lease preparation
  • Building construction not yet complete; no units closed, no financial statements available, no units occupied
What each amendment changed, line by lineGet Full Access

Team

Sponsor
Flushing Point Property LLC
Developer
Jade Century PropertiesReported by therealdeal.com
Principals
Xiaorong Zhai
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
General contractors
Milestone Construction, Efin ManagementHeld the general construction permit on DOB job 421405642

Zoning

Zoning district
C4-2

Today's zoning, from city data (PLUTO 26v2).

Nearby