Dorado At Infinity 8 Condominium
133-17 Sanford Avenue, Queens, NY 11355
Overview
Dorado At Infinity 8 is an 85-unit condo conversion in Queens, with 1 parking unit, 10 storage units and 1 commercial unit.
- Offering plan: Accepted April 2019
- Prices: $47.1 million in all ($48.3 million when first offered)
- Sponsor: 133-17 Sanford LLC, represented by Pryor Cashman, LLP
- Neighborhood: Flushing, Queens
- Subway: 6-minute walk to Flushing-Main St (7)
- Amendments: 8, the latest in February 2025
- Units
- 85 residential · 1 parking · 10 storage · 1 commercial
- Neighborhood
- Flushing, Queens
- Subway
- 6 min walk to Flushing-Main St 7
- Offering price
- $47.1 million total $48.3 million when first offered
- AcceptedApril 2019
- 8 amendments
- First sale
- Latest sale
Sales
45 of 85 units sold (53%)
$18.4 millionin sales
March 2020 – July 2026first to latest sale
| Unit | Sold | Price |
|---|---|---|
| GARAG | Jul 31, 2026 | $157,900 |
| LB | Jul 31, 2026 | $438,750 |
| LG | Jul 31, 2026 | $438,750 |
| 1K | Mar 27, 2025 | $475,000 |
| 5D | Dec 11, 2024 | $465,000 |
| 6A | Oct 16, 2023 | $330,000 |
| LE | Oct 5, 2023 | $305,000 |
| 5H | Aug 22, 2023 | $325,000 |
| 3C | Jul 14, 2023 | $490,000 |
| 3K | Jun 28, 2023 | $450,000 |
| 4O | Jul 29, 2022 | $530,000 |
| 3D | Mar 25, 2022 | $550,000 |
| 6N | Mar 25, 2022 | $550,000 |
| 1O | Dec 1, 2021 | $520,000 |
| 5O | Nov 12, 2021 | $465,000 |
| 2J | May 5, 2021 | $450,000 |
| 4J | Apr 13, 2021 | $465,000 |
| 6K | Jan 21, 2021 | $550,000 |
| 1L | Dec 22, 2020 | $530,000 |
| 1E | Oct 28, 2020 | $499,000 |
| 5B | Sep 30, 2020 | $280,000 |
| 3M | Jul 24, 2020 | $315,000 |
| 3B | Jul 10, 2020 | $324,888 |
| 2H | Jun 19, 2020 | $277,723 |
| 3H | Jun 19, 2020 | $282,793 |
| 5C | Jun 8, 2020 | $535,000 |
| 5L | Jun 3, 2020 | $560,000 |
| 6B | May 22, 2020 | $343,888 |
| 3A | May 18, 2020 | $335,000 |
| 6M | May 4, 2020 | $319,297 |
| 4N | Apr 30, 2020 | $535,000 |
| 4A | Apr 15, 2020 | $320,311 |
| 2B | Apr 3, 2020 | $313,000 |
| 2M | Mar 18, 2020 | $358,000 |
| 5M | Mar 12, 2020 | $383,000 |
| 4K | Mar 11, 2020 | $545,000 |
| 6H | Mar 10, 2020 | $299,017 |
| 2O | Mar 5, 2020 | $539,000 |
| 5A | Mar 5, 2020 | $400,000 |
| 4B | Mar 4, 2020 | $330,888 |
| 5N | Mar 4, 2020 | $550,000 |
| 2A | Mar 3, 2020 | $376,000 |
| 6D | Mar 3, 2020 | $560,000 |
| 1A | Mar 2, 2020 | $371,888 |
| 4H | Mar 2, 2020 | $352,000 |
From city records (ACRIS), through Aug 31, 2026.
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
| Home | First year | Current |
|---|---|---|
| 4H | $3,191FY2026 | |
| 1A | $2,486FY2026 | |
| 2A | $3,501FY2026 | |
| 6D | $5,717FY2026 | |
| 4B | $2,167FY2026 | |
| 5N | $5,452FY2026 | |
| 2O | $3,856FY2026 | |
| 5A | $3,590FY2026 | |
| 6H | $2,326FY2026 | |
| 4K | $3,888FY2026 | |
| 5M | $2,454FY2026 | |
| 2M | $2,422FY2026 | |
| 2B | $2,135FY2026 | |
| 4A | $3,546FY2026 | |
| 4N | $5,407FY2026 | |
| 6M | $3,457FY2026 | |
| 3A | $3,546FY2026 | |
| 6B | $3,058FY2026 | |
| 5L | $4,047FY2026 | |
| 5C | $3,760FY2026 | |
| 2H | $2,263FY2026 | |
| 3H | $3,147FY2026 | |
| 3B | $2,970FY2026 | |
| 3M | $3,368FY2026 | |
| 5B | $3,014FY2026 | |
| 1E | $5,673FY2026 | |
| 1L | $3,951FY2026 | |
| 6K | $5,496FY2026 | |
| 4J | $5,585FY2026 | |
| 2J | $5,496FY2026 | |
| 5O | $4,795FY2023 | $5,452FY2026 |
| 1O | $4,678FY2023 | $5,319FY2026 |
| 3D | $5,249FY2024 | $5,629FY2026 |
| 6N | $5,125FY2024 | $5,496FY2026 |
| 4O | $5,042FY2024 | $5,407FY2026 |
| 3K | $5,001FY2024 | $5,363FY2026 |
| 3C | $4,982FY2025 | $5,141FY2026 |
| 5H | $3,092FY2025 | $3,191FY2026 |
| LE | $3,006FY2025 | $3,103FY2026 |
| 6A | $3,478FY2025 | $3,590FY2026 |
| 5D | $5,717FY2026 | $5,717FY2026 |
| 1K | $5,319FY2026 | $5,319FY2026 |
| LB | $6,644FY2026 | |
| LG | $6,469FY2026 |
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.
The Building
Amendments
Amendment 7 Mar 22, 2022
This amendment updates the sponsor's financial disclosures for its 53 unsold homes, adds renovation plans for two of them, revises transfer tax terms, and attaches a 2020 financial statement and a 2022 budget.
- Sponsor's unsold homes (53) financials as of January 28, 2022: Common Charges approximately $38,222.00 per month, real estate taxes approximately $19,675.00 per month, rents approximately $67,974.00 per month
- Renovation planned in unsold homes as they become vacant; homes 3D and 6N to get new floors, kitchen cabinets, plumbing, fixtures, appliances, bathrooms and electrical wiring
- From July 1, 2021, NYS transfer tax is excluded from taxable consideration when purchaser pays it; purchaser pays the Mansion Tax (1% of price) on purchases of $1,000,000.00 or more
- Fee mortgage held by Israel Discount Bank of New York: original principal $30,000,000.00, current principal approximately $7,509,219.00, maturity September 30, 2026; homes released on payment of a release price
- At the 2022 Residential Unit Owners meeting, non-sponsor owners offered 2 of the 5 residential board seats
- Attached: Schedule C (financial statement for year ending December 31, 2020) and Schedule D (2022 budget)
- Schedule B lists other buildings where Sponsor affiliates own 10% or more
- No pending litigation known to Sponsor; no change to J-51 benefits
Amendment 6 2021
This amendment revises the Schedule A purchase price for one residential unit, unit 1O, to $530,888 for non-tenant purchasers.
Amendment 5 Sep 25, 2020
This amendment adds a schedule of the 61 unsold units Sponsor owns, updates Sponsor's financial and board disclosures, and adds New York State transfer tax information for buyers.
- Schedule A added, listing the 61 Unsold Residential Units owned by Sponsor
- As of September 1, 2020: aggregate monthly Common Charges for unsold units approximately $42,567.00; monthly real estate taxes approximately $21,513.00; monthly rents from occupied unsold units approximately $76,937.00
- Sponsor has no financial obligations to the Condominium due in the next 12 months other than Common Charges, and is current on its obligations; unsold units are collateral for financing
- Residential Board Members named as Joel Wiener, Darren Landy, Tal Sharon and Elyse Wolf, all designated by Sponsor
- Sponsor Control Period ends on the earlier of closing title on 50% or more of Residential Units or 5 years after the First Closing
- Additional base transfer tax of $1.25 per $500 on residential sales of $3 million or more; new supplemental tax on residential sales of $2 million or more
- No pending litigation to Sponsor's knowledge; no changes to J-51 benefits since the previous amendment
Amendment 4 Mar 27, 2020
This amendment reports that as of March 16, 2020, 11 homes had closed, 11 more had signed contracts awaiting closing, and 74 homes were still unsold and owned by the Sponsor.
- First Closing held March 2, 2020; 11 Residential Units closed as of March 16, 2020
- 11 more Residential Units under executed Purchase Agreements, closings not yet occurred
- 74 Unsold Residential Units owned by Sponsor as of March 16, 2020, listed in Schedule A
- Net Reserve Fund of $839,479.00 as of March 26, 2020
- Working Capital Fund of approximately $11,576.96 as of March 16, 2020
- Closing adjustments of $41,044.34 in favor of the Condominium
- Financial Statement for year ending December 31, 2019 not yet available
- Sponsor-designated Board; Sponsor control ends at 50% of units closed or 5 years after First Closing
Team
- Sponsor
- 133-17 Sanford LLC
- Counsel
- Pryor Cashman, LLP
- Construction lender
- Hsh Nordbank AGLender on the mortgage and building loan agreement recorded June 2013 in ACRIS
Zoning
- Zoning district
- R6
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Alliance Tower Condominiumnext door · 2021
- 132-51 41st Road Condominiumnext door · 14 units · 2026
- Infinity 8 Condominiumnext door · 204 units · 1 parking · 2013
- Summit At Infinity 8 Condominium0.1 mi · 93 units · 2019
- Sunflower Condominium0.1 mi · 10 units · 1 parking · 2023
- Century Tower Condominium0.1 mi · 30 units · 20 parking · 2022