THE CONDO BOOK PROJECT

Grand Two At Sky View Parc

131-05 40th Road, Queens, NY 11354

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Overview

Grand Two At Sky View Parc is a 278-unit condo in Queens.

  • Offering plan: Accepted October 2015
  • Prices: $265.6 million in all
  • Sponsor: Sky View Parc Ii, L.P., represented by Kramer Levin Naftalis & Frankel, LLP
  • Neighborhood: Flushing, Queens
  • Subway: 11-minute walk to Flushing-Main St (7); 20 minutes to Mets-Willets Point (7)
  • Amendments: 17, the latest in September 2023
  1. AcceptedOctober 2015
  2. 17 amendments
  3. First sale
  4. Latest sale

Sales

231 of 278 units sold (83%)

$195.3 millionin sales
December 2016 – November 2023first to latest sale
UnitSoldPrice
PH1JNov 8, 2023$1,730,000
11JMay 31, 2023$2,048,299
8MJan 28, 2020$990,095
PH2MOct 4, 2018$1,159,011
10QSep 28, 2018$868,810
18SAug 29, 2018$732,873
PH2JJul 31, 2018$2,431,314
9LFeb 20, 2018$816,370
PH2HFeb 20, 2018$671,269
19NJan 8, 2018$1,294,438
PH3BDec 27, 2017$721,163
11QDec 8, 2017$873,392
16NDec 7, 2017$769,530
18JNov 21, 2017$2,244,109
18HNov 1, 2017$694,689
PH2EOct 26, 2017$1,187,013
PH2LOct 19, 2017$822,479
12COct 18, 2017$633,594
PH2AOct 18, 2017$2,472,044
PH1BSep 28, 2017$725,236
15LAug 24, 2017$735,419
PH1IAug 24, 2017$595,409
PH2IAug 24, 2017$590,318
15PAug 10, 2017$789,895
15TAug 4, 2017$540,933
PH1QAug 3, 2017$1,183,449
19BAug 1, 2017$710,981
8HJul 19, 2017$638,685
11DJul 17, 2017$744,074
18QJul 12, 2017$783,786
19KJul 11, 2017$1,042,930
19GJul 6, 2017$1,128,972
PH2BJun 27, 2017$749,674
PH1NJun 21, 2017$1,183,449
8RJun 13, 2017$765,457
12FJun 13, 2017$720,145
PH3CJun 12, 2017$701,817
PH3DJun 7, 2017$712,508
18GJun 6, 2017$1,118,281
16GJun 5, 2017$760,875
17PJun 5, 2017$805,678
PH3HJun 5, 2017$726,255
12JJun 2, 2017$980,308
18TJun 2, 2017$549,079
11SJun 1, 2017$617,302
19MJun 1, 2017$1,060,241
PH1DJun 1, 2017$736,437
12PMay 19, 2017$789,895
PH1LMay 18, 2017$797,023
17UMay 16, 2017$953,324
17IMay 11, 2017$596,937
PH1EMay 10, 2017$1,019,511
17SMay 9, 2017$640,722
18UMay 9, 2017$943,142
8JMay 5, 2017$1,745,409
PH2QMay 5, 2017$1,223,161
15MMay 4, 2017$998,636
16KMay 4, 2017$1,019,001
19UMay 4, 2017$956,379
15UMay 3, 2017$922,268
PH2DMay 3, 2017$723,200
12TMay 2, 2017$506,848
16BMay 2, 2017$677,379
18EMay 1, 2017$1,118,281
17LApr 28, 2017$749,165
PH3LApr 28, 2017$785,313
9NApr 27, 2017$745,601
19DApr 27, 2017$702,835
18MApr 26, 2017$1,027,147
11LApr 25, 2017$733,891
19IApr 24, 2017$610,174
19JApr 24, 2017$1,023,283
PH1AApr 24, 2017$2,062,806
16MApr 21, 2017$1,024,602
17CApr 21, 2017$650,904
9JApr 20, 2017$871,686
12NApr 19, 2017$759,857
19EApr 19, 2017$1,128,972
PH2NApr 19, 2017$1,223,161
17HApr 18, 2017$680,942
PH1SApr 18, 2017$688,579
16DApr 14, 2017$647,849
PH1CApr 14, 2017$723,709
10AApr 13, 2017$908,521
17EApr 13, 2017$1,108,098
PH3GApr 13, 2017$1,176,143
9SApr 10, 2017$622,393
PH2GApr 10, 2017$1,192,104
PH3EApr 10, 2017$1,176,830
18RApr 7, 2017$743,565
PH2SApr 7, 2017$671,269
12KApr 6, 2017$1,009,837
PH1GApr 6, 2017$1,019,511
9QApr 5, 2017$734,401
10NApr 5, 2017$749,674
15QApr 5, 2017$758,839
PH1MApr 5, 2017$1,047,512
PH2TApr 5, 2017$569,953
PH2CApr 4, 2017$710,472
19QApr 3, 2017$1,202,286
PH3MApr 3, 2017$1,038,348
11PMar 31, 2017$779,713
12AMar 31, 2017$923,286
10JMar 30, 2017$971,500
19RMar 30, 2017$742,037
19SMar 30, 2017$661,596
PH3KMar 29, 2017$1,047,512
PH3RMar 29, 2017$757,311
PH3UMar 29, 2017$960,961
18BMar 28, 2017$696,216
19HMar 28, 2017$711,490
PH3AMar 28, 2017$989,472
8LMar 27, 2017$723,709
9RMar 27, 2017$698,762
19AMar 24, 2017$984,890
17NMar 23, 2017$794,986
19LMar 23, 2017$775,131
PH2RMar 23, 2017$762,402
18IMar 22, 2017$608,138
PH3SMar 22, 2017$670,760
17BMar 21, 2017$688,070
17RMar 21, 2017$722,691
PH1TMar 21, 2017$575,044
PH3QMar 21, 2017$1,213,487
16JMar 17, 2017$1,012,383
PH3NMar 17, 2017$1,209,923
16QMar 16, 2017$763,421
PH1RMar 16, 2017$768,003
8FMar 15, 2017$704,871
8SMar 15, 2017$593,373
17GMar 15, 2017$1,108,098
15NMar 10, 2017$780,222
17DMar 10, 2017$674,324
PH1HMar 10, 2017$759,348
11GMar 9, 2017$713,017
16PMar 9, 2017$800,078
PH3JMar 9, 2017$1,015,947
11BMar 8, 2017$659,814
18PMar 8, 2017$820,443
17MMar 7, 2017$1,019,001
17TMar 7, 2017$549,588
12DMar 6, 2017$639,703
16EMar 6, 2017$1,548,491
16SMar 6, 2017$637,667
PH3TMar 6, 2017$564,862
15KMar 3, 2017$1,009,328
17AMar 3, 2017$938,560
16CMar 2, 2017$661,596
16LMar 1, 2017$738,474
11EFeb 24, 2017$733,382
12QFeb 24, 2017$749,631
18AFeb 24, 2017$979,799
12LFeb 23, 2017$724,218
19TFeb 23, 2017$558,752
18NFeb 21, 2017$803,132
PH3IFeb 21, 2017$644,285
10SFeb 16, 2017$622,902
10PFeb 15, 2017$774,621
12IFeb 15, 2017$574,026
17QFeb 15, 2017$767,494
17KFeb 14, 2017$1,025,111
10HFeb 13, 2017$641,740
10KFeb 13, 2017$994,054
11FFeb 13, 2017$711,999
10MFeb 10, 2017$983,872
15RFeb 7, 2017$708,435
16RFeb 7, 2017$713,526
12HFeb 2, 2017$683,816
16HFeb 2, 2017$667,858
16UFeb 2, 2017$932,450
18LFeb 1, 2017$770,548
8QJan 31, 2017$1,181,921
16TJan 31, 2017$520,059
10RJan 30, 2017$693,128
11TJan 30, 2017$502,653
15AJan 30, 2017$923,286
15BJan 30, 2017$669,742
8DJan 27, 2017$615,774
15GJan 27, 2017$752,220
18CJan 26, 2017$690,107
19CJan 26, 2017$695,198
9DJan 25, 2017$612,720
16AJan 25, 2017$933,468
12SJan 24, 2017$622,393
17JJan 23, 2017$992,527
12BJan 20, 2017$662,105
9PJan 18, 2017$769,530
11RJan 18, 2017$698,253
11IJan 17, 2017$561,807
16IJan 17, 2017$580,136
9FJan 13, 2017$717,090
8GJan 12, 2017$703,344
15SJan 11, 2017$637,158
11MJan 5, 2017$1,034,275
8EJan 4, 2017$694,180
15CJan 4, 2017$654,468
9CJan 3, 2017$602,537
15DJan 3, 2017$650,395
12EDec 29, 2016$741,019
15IDec 28, 2016$580,906
15JDec 28, 2016$987,740
10BDec 27, 2016$648,358
12UDec 27, 2016$937,541
15HDec 27, 2016$682,979
12RDec 23, 2016$703,344
8CDec 22, 2016$612,729
9EDec 22, 2016$715,754
9GDec 22, 2016$704,421
9HDec 22, 2016$651,878
9IDec 22, 2016$565,337
10DDec 22, 2016$636,425
10EDec 22, 2016$722,966
10FDec 22, 2016$717,814
10GDec 22, 2016$717,814
11CDec 22, 2016$633,334
10TDec 21, 2016$497,608
11UDec 21, 2016$912,594
12MDec 21, 2016$1,034,275
10UDec 20, 2016$927,359
11NDec 20, 2016$769,530
10CDec 19, 2016$608,647
12GDec 19, 2016$724,727
9KDec 16, 2016$861,019
9MDec 16, 2016$1,041,313
10IDec 16, 2016$563,844
11ADec 16, 2016$953,833
15EDec 16, 2016$1,546,135
10LDec 14, 2016$738,983
8NDec 13, 2016$1,181,921
8IDec 12, 2016$552,643
11HDec 12, 2016$715,563
Every sale: 231 recorded sales, with price and dateGet Full Access

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

Property Taxes

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

HomePlan's estimateFirst yearCurrent
8I$6,990FY2026
11H$6,744FY2026
8N$13,822FY2026
10L$8,744FY2026
9K$10,156FY2026
9M$11,909FY2026
15E$17,829FY2026
11A$9,468FY2026
10I$6,990FY2026
12G$7,270FY2026
10C$6,406FY2026
10U$10,998FY2026
11N$9,176FY2026
10T$5,715FY2026
12M$8,920$9,825FY2026
11U$9,073FY2026
8C$7,765FY2026
9E$8,926FY2026
9G$8,812FY2026
9H$8,174FY2026
9I$6,990FY2026
10D$7,901FY2026
10E$8,926FY2026
10F$8,903FY2026
10G$8,812FY2026
11C$7,765FY2026
12R$8,539FY2026
12U$10,998FY2026
10B$7,026FY2026
15H$8,174FY2026
15I$6,990FY2026
15J$11,499FY2026
12E$7,364FY2026
15D$7,901FY2026
9C$7,765FY2026
15C$7,765FY2026
8E$8,926FY2026
11M$8,920$9,825FY2026
15S$5,842FY2026
8G$8,812FY2026
9F$7,345FY2026
11I$6,990FY2026
16I$6,990FY2026
9P$7,721FY2026
11R$8,539FY2026
12B$7,026FY2026
17J$9,487FY2026
12S$7,081FY2026
9D$7,901FY2026
16A$11,476FY2026
18C$6,406FY2026
19C$6,406FY2026
8D$6,518FY2026
15G$8,812FY2026
11T$5,715FY2026
15B$7,026FY2026
15A$11,476FY2026
10R$8,539FY2026
8Q$11,384FY2026
16T$5,715FY2026
18L$8,744FY2026
16H$8,174FY2026
16U$9,073FY2026
12H$8,174FY2026
16R$8,539FY2026
15R$8,539FY2026
10M$9,825FY2026
11F$8,903FY2026
10K$10,050FY2026
10H$6,744FY2026
17K$12,182FY2026
10P$9,359FY2026
12I$6,990FY2026
17Q$9,062FY2026
10S$7,081FY2026
PH3I$6,990FY2026
18N$7,571FY2026
19T$5,715FY2026
12L$7,214FY2026
12Q$9,062FY2026
11E$8,926FY2026
18A$8,963$9,468FY2026
16L$7,214FY2026
16C$7,765FY2026
15K$12,182FY2026
17A$11,476FY2026
12D$6,518FY2026
16E$14,709FY2026
16S$7,081FY2026
PH3T$5,715FY2026
17M$11,909FY2026
17T$5,715FY2026
11B$7,026FY2026
18P$9,359FY2026
PH3J$9,487FY2026
16P$7,721FY2026
11G$7,270FY2026
PH1H$8,174FY2026
15N$9,176FY2026
17D$5,541FY2026
8S$5,222FY2026
8F$7,345FY2026
17G$10,989FY2026
PH1R$7,045FY2026
16Q$9,062FY2026
16J$9,487FY2026
PH3N$11,384FY2026
17B$8,516FY2026
17R$8,539FY2026
PH3Q$13,799FY2026
PH1T$4,715FY2026
18I$6,990FY2026
PH3S$7,081FY2026
19L$7,214FY2026
17N$9,176FY2026
PH2R$7,045FY2026
19A$8,963$11,476FY2026
9R$7,045FY2026
8L$7,787FY2026
18B$8,516FY2026
PH3A$11,476FY2026
19H$8,174FY2026
PH3R$8,539FY2026
PH3U$10,998FY2026
PH3K$12,182FY2026
10J$11,499FY2026
19R$8,539FY2026
19S$7,081FY2026
12A$11,476FY2026
11P$9,359FY2026
PH3M$17,585$11,909FY2026
19Q$13,799FY2026
PH2C$7,765FY2026
PH1M$11,909FY2026
PH2T$4,715FY2026
15Q$9,062FY2026
10N$9,176FY2026
9Q$5,607FY2026
12K$10,050FY2026
PH1G$13,298FY2026
18R$3,522FY2026
PH2S$7,081FY2026
9S$5,748FY2026
PH2G$10,989FY2026
PH3E$10,989FY2026
10A$11,476FY2026
PH3G$12,987$13,321FY2026
17E$13,321FY2026
PH1C$6,406FY2026
16D$7,901FY2026
PH1S$4,382FY2026
17H$8,174FY2026
12N$9,176FY2026
19E$10,989FY2026
PH2N$11,384FY2026
9J$8,453FY2026
17C$6,406FY2026
16M$9,825FY2026
19I$6,990FY2026
PH1A$20,926FY2026
19J$9,487FY2026
11L$8,744FY2026
18M$17,585$11,909FY2026
9N$7,111$9,176FY2026
19D$6,518FY2026
PH3L$8,744FY2026
17L$7,214FY2026
18E$13,321FY2026
12T$5,715FY2026
16B$8,516FY2026
PH2D$6,518FY2026
15U$9,073FY2026
19U$10,998FY2026
15M$11,909FY2026
16K$10,050FY2026
8J$20,402FY2026
PH2Q$13,799FY2026
17S$7,081FY2026
18U$9,073FY2026
PH1E$13,321FY2026
17I$6,990FY2026
17U$10,998FY2026
PH1L$8,129FY2026
12P$9,359FY2026
19M$9,825FY2026
11S$7,081FY2026
PH1D$6,518FY2026
12J$11,499FY2026
18T$5,715FY2026
PH3H$6,744FY2026
16G$8,812FY2026
17P$7,721FY2026
18G$12,987$13,321FY2026
PH3D$7,901FY2026
PH3C$7,765FY2026
8R$7,045FY2026
12F$8,903FY2026
PH1N$16,202$13,822FY2026
PH2B$7,026FY2026
19G$10,989FY2026
19K$12,182FY2026
18Q$7,476FY2026
11D$6,518FY2026
8H$8,174FY2026
19B$8,516FY2026
PH1Q$13,799FY2026
15T$4,715FY2026
15P$7,721FY2026
PH2I$5,767FY2026
15L$7,214FY2026
PH1I$6,990FY2026
PH1B$6,462FY2026
PH2A$22,429FY2026
12C$6,406FY2026
PH2L$8,744FY2026
PH2E$10,989FY2026
18H$8,174FY2026
18J$23,681FY2026
16N$7,571FY2026
11Q$9,062FY2026
PH3B$8,516FY2026
19N$11,384FY2026
9L$8,744FY2026
PH2H$8,174FY2026
PH2J$23,681FY2026
18S$5,842FY2026
10Q$7,476FY2026
PH2M$9,825FY2026
8M$11,909FY2026
11J$22,440FY2024$19,537FY2026
PH1J$22,004FY2025$18,880FY2026

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

Amendments

Amendment 17 Sep 28, 2023

This amendment changes the Plan's attorney and escrow arrangements: Herrick, Feinstein LLP becomes Sponsor's counsel and escrow agent, deposits move to a new escrow account at Capital One, N.A., and revised purchase agreement and escrow rider forms replace the old ones.

  • Herrick, Feinstein LLP replaces the prior Sponsor's Closing Attorney
  • Herrick, Feinstein LLP becomes escrow agent for Sponsor and Purchaser
  • Deposits held in a "Herrick, Feinstein Escrow Account" at Capital One, N.A., 299 Park Avenue, 23rd Floor, New York, New York
  • Escrow account is a master account, with a sub-account for each Purchaser
  • FDIC insurance stated at a maximum of $250,000 per deposit; amounts above that are not insured
  • Deposit checks payable to "Herrick, Feinstein, LLP, as Escrow Agent"
  • Closing to be held at Herrick, Feinstein, LLP, 2 Park Avenue, New York, NY 10016
  • Revised form of Agreement and Escrow Rider (Exhibit A) replaces the prior forms

Amendment 16 Dec 5, 2022

This amendment extends the offering period by 12 months, updates prices and Schedule A for the unsold homes, and adds the 2022–2023 budgets, audited financial statements, and updated disclosures.

  • Offering period extended 12 months from the filing of this amendment
  • Prices updated for all Unsold Units; Schedule A lists 9 units totaling $14,409,992
  • Real estate tax amounts use DOF tax year 2022/2023; buyers told to check the DOF website, and the Sponsor has no liability for tax changes
  • Common Charges updated for the June 1, 2022 to May 31, 2023 operating year
  • Condominium and HOA budgets for June 1, 2022 to May 31, 2023 added
  • Audited financial statements for the years ending May 31, 2022 and 2021 added
  • Sponsor has relinquished control of the Board; new Board members listed
  • Permanent Certificate of Occupancy not yet issued; PCO escrow amount is $10,000

Amendment 15 Oct 18, 2021

This amendment extends the offering period by 12 months and updates the prices, carrying costs, budgets, financial statements, and tax-law disclosures for the Grand Two condominium.

  • Offering period extended 12 months from the filing of this Amendment
  • Schedule A offering prices and carrying charges updated for 11 unsold units, from $878,888 (9N) to $2,375,888 (PH3M)
  • Schedule A real estate taxes based on DOF tax year 2021/2022 (starting July 1, 2021); buyers should check the DOF website before signing, with no right of rescission over tax changes
  • Condominium and HOA budgets for June 1, 2021 to May 31, 2022 adopted, with an updated budget expert certification
  • Audited financial statements for periods ending May 31, 2020 and 2019 added
  • NYS Tax Law 1404(a) change effective July 1, 2021: NYS transfer tax paid by the buyer is excluded from taxable consideration; NYC RPTT treatment unchanged
  • Estimated permanent Certificate of Occupancy escrow amount of $10,000; Sponsor posted a $50,000 cash deposit
  • Sponsor still controls the Board; Board members listed, with Mr. Brickman, Mr. Liberty, and Mr. Liew affiliated with Sponsor

Amendment 14 Nov 9, 2020

This amendment extends the offering term by 12 months and updates the unsold-unit price schedule, budgets, financial statements, board control and tax disclosures, title company reporting notice, and certificate of occupancy information.

  • Offering term extended 12 months from the filing of this Amendment
  • Schedule A prices updated for 10 unsold units, from $878,888 to $2,300,888, reflecting current Common Charges and actual real estate taxes
  • Schedule A real estate taxes based on DOF 2020/2021 assessed amounts; buyers should check the DOF website, and there is no right of rescission for later tax changes
  • Condominium and HOA budgets for June 1, 2020 to May 31, 2021 attached, with updated budget expert certification
  • Audited financial statements for periods ending May 31, 2019 and May 31, 2018 attached
  • Sponsor remains in control of the Board; First Closing occurred April 20, 2017
  • Title companies must collect and report beneficial owner information under the FinCEN order, effective until May 4, 2021 (subject to extension)
  • Permanent Certificate of Occupancy not yet issued; PCO escrow amount estimated at $10,000, with a $50,000 cash deposit posted by Sponsor

Amendment 13 Oct 25, 2019

This amendment extends the offering term and updates unsold-unit prices, budgets, financial statements, tax and charge figures, and disclosures, including new New York State transfer and mansion tax terms.

  • Offering term extended
  • Schedule A prices for unsold units updated, using current-year common charges and real estate taxes based on DOF tax year 2019/2020
  • Budgets for June 1, 2019 through May 31, 2020 and audited financial statements for period ending May 31, 2019 added
  • Unsold-unit figures as of October 15, 2019: monthly common charges approximately $16,902.00 and real estate taxes approximately $15,589.00, in aggregate
  • New NYS transfer tax and mansion tax replace plan tax language for closings on or after July 1, 2019 (agreements after April 1, 2019); purchasers pay any future transfer tax enacted, with no right of rescission
  • Permanent certificate of occupancy not yet issued; $50,000 PCO escrow posted with First Republic Bank
  • Title company reporting under FinCEN order, effective until November 11, 2019, added to disclosures
  • Sponsor remains in control of the Board; First Closing occurred April 20, 2017
What each amendment changed, line by lineGet Full Access

Team

Sponsor
Sky View Parc Ii, L.P.
Title agency
Everest Abstract Services, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 7

Zoning

Zoning district
C4-2
Special district
Special Flushing Waterfront District (FW)Subdistrict C

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

Nearby