THE CONDO BOOK PROJECT

Parkview Mansion Condominium

131-19 Fowler Avenue, Queens, NY 11355

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Overview

Parkview Mansion is a 29-unit condo in Queens, with 3 parking units and 1 commercial unit.

  • Offering plan: Accepted May 2023 · 287 pages
  • Finishes: Hardwood floors, stone kitchen countertops, LG appliances and split-system units for heating and cooling
  • Prices: $1,017 a square foot on average, as first offered; $23.4 million in all
  • Utilities: Electricity and gas paid by the owner p. 24
  • Developer: Stratton Arms Holding LLC; principals Jun Xu
  • Sponsor: Fowler Develop LLC, represented by Lan & Associates, P.C.
  • Neighborhood: Flushing, Queens
  • Subway: 15-minute walk to Flushing-Main St (7); 16 minutes to Mets-Willets Point (7)
  • Amendments: 2, the latest in February 2024
  1. AcceptedMay 2023
  2. 2 amendments
  3. First sale
  4. Latest sale

Sales

20 of 29 units sold (69%)

$11.6 millionin sales
$867/SFaverage sale price
August 2024 – December 2025first to latest sale
UnitSoldPrice
7CDec 5, 2025$820,710
4BDec 12, 2024$773,415
6ANov 27, 2024$590,585
5ANov 12, 2024$566,147
3ANov 6, 2024$488,220
7ANov 4, 2024$592,385
5DOct 30, 2024$486,720
3COct 22, 2024$661,863
3BOct 2, 2024$740,750
3DOct 2, 2024$529,490
6DSep 23, 2024$558,001
4ASep 12, 2024$496,860
5CSep 12, 2024$717,866
4CSep 9, 2024$689,864
2CAug 27, 2024$559,936
4DAug 27, 2024$473,538
2DAug 21, 2024$486,720
1BAug 19, 2024$462,384
7DAug 15, 2024$569,684
1CAug 13, 2024$309,270
Every sale: 20 recorded sales, with price and dateGet Full Access

From city records (ACRIS), through May 31, 2026.

Common Charges & First-Year Budget

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 23 homes.

Plan's estimate
$5,490 a year per homeSchedule A, as first filed
Full tax, FY2026
$7,960 a year per homeBefore any tax break; 45% more than the estimate
Billed, FY2026
$7,960 a year per home45% more than the estimate

Checked against the first full year's bill for 23 homes: 23 paid more. The typical home paid 46% more than estimated.

HomePlan's estimateFirst yearCurrent
1A$5,160$7,556FY2026$7,556FY2026
1B$4,236$6,198FY2026$6,198FY2026
1C$2,556$3,751FY2026$3,751FY2026
2A$4,392$6,435FY2026$6,435FY2026
2B$6,492$9,507FY2026$9,507FY2026
2C$5,964$8,731FY2026$8,731FY2026
2D$4,452$6,521FY2026$6,521FY2026
3A$4,416$6,435FY2026$6,435FY2026
3B$6,516$9,507FY2026$9,507FY2026
3C$6,012$8,731FY2026$8,731FY2026
3D$4,512$6,521FY2026$6,521FY2026
4A$4,416$6,435FY2026$6,435FY2026
4B$6,516$9,507FY2026$9,507FY2026
4C$6,012$8,731FY2026$8,731FY2026
4D$4,512$6,521FY2026$6,521FY2026
5A$4,416$6,435FY2026$6,435FY2026
5B$6,516$9,507FY2026$9,507FY2026
5C$6,012$8,731FY2026$8,731FY2026
5D$4,512$6,521FY2026$6,521FY2026
6A$4,416$6,435FY2026$6,435FY2026
6B$6,516$9,507FY2026$9,507FY2026
6C$6,012$8,731FY2026$8,731FY2026
6D$4,512$6,521FY2026$6,521FY2026
7A$6,435FY2026$6,435FY2026
7B$9,507FY2026$9,507FY2026
7C$8,731FY2026
7D$6,521FY2026$6,521FY2026
8A$12,482FY2026$12,482FY2026
8B$13,819FY2026$13,819FY2026

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.

Counsel's extra charges
  • $300: ACRIS transfer documents preparationp. 8
  • $300: closing outside counsel's officep. 8
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. 10
Working capital
“two (2) months' common charge”Contribution to the condominium's working capital fundp. 7

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

All 4 closing costs in the plan, with their pagesGet Full Access

Team

Sponsor
Fowler Develop LLC
Developer
Stratton Arms Holding LLC
Principals
Jun Xu
Tax estimate
SJP Tax Consultants Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$11 million recorded
General contractors
Cti Construction, B Sosa EnterprisesHeld the general construction permit on DOB job 420659139

Zoning

Zoning district
C2-6A

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

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