THE CONDO BOOK PROJECT

Northern Parc

144-49 Northern Blvd Aka 144-61 Northern Blvd, Queens, NY 11354

Also known as 144-49 Northern Blvd · 144-61 Northern Blvd

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Overview

Northern Parc is a 172-unit condo in Queens, with 1 parking unit and 13 commercial units.

  • Offering plan: Accepted August 2022 · 500 pages
  • Finishes: Vinyl plank floors, quartz kitchen countertops, Blomberg and Bertazzoni appliances, a washer and dryer in each apartment and Delta bathroom fittings
  • Prices: $1,186 a square foot on average, as first offered; $201.8 million in all ($185.4 million when first offered)
  • Common charges: $263–$644 a month, the sponsor's first-year estimate
  • Utilities: Electricity paid by the owner; gas and water and sewer in the common charges p. 20
  • Sponsor: Cw Northern LLC, represented by Moritt Hock & Hamroff, LLP; principals Philip W. Chong and Meng Hua Wang
  • Neighborhood: Murray Hill, Queens
  • Subway: 14-minute walk to Flushing-Main St (7)
  • Amendments: 10, the latest in June 2026
  1. AcceptedAugust 2022
  2. 10 amendments
  3. First sale
  4. Latest sale

Sales

98 of 172 units sold (57%)

$72.1 millionin sales
$1,070/SFaverage sale price
August 2024 – September 2026first to latest sale
UnitSoldPrice
604Sep 15, 2026$602,760
411Sep 9, 2026$724,050
625Aug 18, 2026$672,848
418Jul 28, 2026$930,905
612Jul 28, 2026$793,624
421Jul 20, 2026$670,352
206Jun 26, 2026$1,000,385
207Jun 26, 2026$878,195
706Jun 8, 2026$945,954
707May 29, 2026$829,853
304Apr 17, 2026$670,009
623Apr 9, 2026$659,826
510Apr 6, 2026$692,410
725Mar 19, 2026$875,695
312Mar 10, 2026$957,155
303Mar 6, 2026$760,699
615Mar 6, 2026$987,703
708Mar 5, 2026$653,239
308Mar 2, 2026$610,950
718Feb 11, 2026$997,885
309Feb 10, 2026$476,580
501Jan 28, 2026$629,279
423Jan 16, 2026$610,950
509Dec 30, 2025$424,701
221Dec 5, 2025$680,191
230Nov 21, 2025$672,045
401Nov 18, 2025$689,023
613Nov 10, 2025$910,652
209Oct 31, 2025$442,104
310Oct 20, 2025$696,628
201Oct 17, 2025$660,887
228Oct 17, 2025$715,953
406Oct 16, 2025$886,952
412Oct 9, 2025$982,611
618Oct 7, 2025$995,000
428Oct 2, 2025$732,224
703Sep 8, 2025$901,151
504Sep 3, 2025$572,470
626Sep 3, 2025$787,339
410Aug 28, 2025$606,465
730Aug 27, 2025$743,323
301Aug 7, 2025$539,428
502Aug 6, 2025$795,277
630Aug 5, 2025$712,775
523Jul 23, 2025$658,808
409Jul 18, 2025$415,263
507Jul 16, 2025$795,277
513Jul 9, 2025$997,885
503Jul 1, 2025$795,277
328Jun 26, 2025$760,699
522Jun 18, 2025$503,958
302Jun 13, 2025$760,699
512Jun 6, 2025$992,794
620May 27, 2025$964,238
520May 21, 2025$894,454
511May 20, 2025$936,790
427May 19, 2025$554,254
204May 12, 2025$533,661
330May 2, 2025$674,815
506Apr 30, 2025$776,249
211Apr 25, 2025$901,613
220Apr 25, 2025$922,047
222Apr 25, 2025$456,300
327Apr 25, 2025$542,707
517Apr 25, 2025$711,025
317Apr 22, 2025$688,207
603Apr 18, 2025$812,567
617Apr 17, 2025$733,538
202Apr 16, 2025$715,953
608Apr 15, 2025$620,740
601Apr 11, 2025$704,802
519Apr 8, 2025$971,411
723Apr 8, 2025$674,911
322Apr 7, 2025$429,698
329Apr 7, 2025$757,524
622Apr 1, 2025$504,577
628Mar 28, 2025$794,238
527Mar 27, 2025$601,164
320Mar 26, 2025$932,817
528Mar 26, 2025$795,277
205Mar 25, 2025$1,072,645
414Mar 25, 2025$667,972
223Mar 24, 2025$618,695
305Mar 24, 2025$887,050
602Mar 21, 2025$812,567
430Mar 20, 2025$674,815
727Mar 19, 2025$637,969
417Mar 18, 2025$667,972
514Mar 18, 2025$710,219
219Mar 14, 2025$905,575
323Mar 14, 2025$535,277
408Mar 11, 2025$645,504
619Feb 27, 2025$971,411
621Feb 27, 2025$763,688
314Feb 24, 2025$681,209
605Feb 21, 2025$865,513
227Aug 26, 2024$531,161
609Aug 21, 2024$434,139
Every sale: 98 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 119 homes.

Plan's estimate
$8,630 a year per homeSchedule A, as first filed
Full tax, FY2026
$5,810 a year per homeBefore any tax break; 33% less than the estimate
Billed, FY2026
$5,810 a year per home33% less than the estimate

Checked against the first full year's bill for 119 homes: 3 within 10% of the plan's estimate, 2 paid more, 114 paid less. The typical home paid 33% less than estimated.

HomePlan's estimateFirst yearCurrent
201$7,464$4,992FY2026
202$10,001$6,739FY2026$6,739FY2026
203$10,001$6,739FY2026$6,739FY2026
204$7,314$4,867FY2026$4,867FY2026
205$12,390$8,236FY2026$8,236FY2026
206$12,240$8,236FY2026
207$12,240$8,236FY2026
208$6,867$4,617FY2026$4,617FY2026
209$4,926$3,369FY2026
210$7,464$4,992FY2026$4,992FY2026
211$10,300$6,988FY2026$6,988FY2026
212$10,151$6,739FY2026$6,739FY2026
213$10,151$6,739FY2026$6,739FY2026
218$4,926$6,739FY2026$6,739FY2026
219$6,867$6,739FY2026$6,739FY2026
220$12,240$6,988FY2026$6,988FY2026
221$12,240$4,992FY2026
222$12,390$3,369FY2026$3,369FY2026
223$7,314$4,617FY2026$4,617FY2026
224$10,001$8,236FY2026$8,236FY2026
225$10,001$8,236FY2026$8,236FY2026
226$7,464$8,236FY2026$8,236FY2026
301$7,016$4,742FY2026
302$9,404$6,240FY2026$6,240FY2026
303$9,404$6,240FY2026
304$6,568$4,368FY2026
305$9,554$6,365FY2026$6,365FY2026
306$9,404$6,240FY2026$6,240FY2026
307$9,404$6,240FY2026$6,240FY2026
308$6,867$4,617FY2026
309$4,926$3,369FY2026
310$7,464$4,992FY2026
311$9,554$6,365FY2026$6,365FY2026
312$10,151$6,739FY2026
313$10,151$6,739FY2026$6,739FY2026
314$6,867$4,617FY2026$4,617FY2026
315$10,748$7,238FY2026$7,238FY2026
316$10,748$7,238FY2026$7,238FY2026
317$6,867$4,617FY2026$4,617FY2026
318$10,151$6,739FY2026$6,739FY2026
319$10,151$6,739FY2026$6,739FY2026
320$9,554$6,365FY2026$6,365FY2026
321$7,464$4,992FY2026$4,992FY2026
322$4,926$3,369FY2026$3,369FY2026
323$6,867$4,617FY2026$4,617FY2026
324$9,404$6,240FY2026$6,240FY2026
325$9,404$6,240FY2026$6,240FY2026
326$9,554$6,365FY2026$6,365FY2026
327$6,568$4,368FY2026$4,368FY2026
328$9,404$6,240FY2026$6,240FY2026
329$9,404$6,240FY2026$6,240FY2026
330$7,016$4,742FY2026$4,742FY2026
401$7,016$4,742FY2026
402$9,404$6,240FY2026$6,240FY2026
403$9,404$6,240FY2026$6,240FY2026
404$6,568$4,368FY2026$4,368FY2026
405$9,554$6,365FY2026$6,365FY2026
406$9,404$6,240FY2026
407$9,404$6,240FY2026$6,240FY2026
408$6,867$4,617FY2026$4,617FY2026
409$4,926$3,369FY2026
410$7,464$4,992FY2026
411$9,554$6,365FY2026
412$10,151$6,739FY2026
413$10,151$6,739FY2026$6,739FY2026
414$6,867$4,617FY2026$4,617FY2026
415$10,748$7,238FY2026$7,238FY2026
416$10,748$7,238FY2026$7,238FY2026
417$6,867$4,617FY2026$4,617FY2026
418$10,151$6,739FY2026
419$10,151$6,739FY2026$6,739FY2026
420$9,554$6,365FY2026$6,365FY2026
421$7,464$4,992FY2026
422$4,926$3,369FY2026$3,369FY2026
423$6,867$4,617FY2026
424$9,404$6,240FY2026$6,240FY2026
425$9,404$6,240FY2026$6,240FY2026
426$9,554$6,365FY2026$6,365FY2026
427$6,568$4,368FY2026$4,368FY2026
428$9,404$6,240FY2026
429$9,404$6,240FY2026$6,240FY2026
430$7,016$4,742FY2026$4,742FY2026
501$7,016$4,742FY2026
502$9,404$6,240FY2026
503$9,404$6,240FY2026$6,240FY2026
504$6,568$4,368FY2026
505$9,554$6,169FY2026$6,169FY2026
506$9,404$6,240FY2026$6,240FY2026
507$9,404$6,240FY2026
508$6,867$4,617FY2026$4,617FY2026
509$4,926$3,369FY2026
510$7,464$4,992FY2026
511$9,554$6,365FY2026$6,365FY2026
512$10,151$6,739FY2026$6,739FY2026
513$10,151$6,739FY2026
514$6,867$4,617FY2026$4,617FY2026
515$10,748$7,238FY2026$7,238FY2026
516$10,748$7,238FY2026$7,238FY2026
517$6,867$4,617FY2026$4,617FY2026
518$10,151$6,739FY2026$6,739FY2026
519$10,151$6,739FY2026$6,739FY2026
520$9,554$6,365FY2026$6,365FY2026
521$7,464$4,992FY2026$4,992FY2026
522$4,926$3,369FY2026$3,369FY2026
523$6,867$4,617FY2026
524$9,404$6,240FY2026$6,240FY2026
525$9,404$6,240FY2026$6,240FY2026
526$9,554$6,365FY2026$6,365FY2026
527$6,568$4,368FY2026$4,368FY2026
528$9,404$6,240FY2026$6,240FY2026
529$9,404$6,240FY2026$6,240FY2026
530$7,016$4,742FY2026$4,742FY2026
601$7,016$4,742FY2026$4,742FY2026
602$9,404$6,240FY2026$6,240FY2026
603$9,404$6,240FY2026$6,240FY2026
604$6,568$4,368FY2026
605$9,554$6,365FY2026$6,365FY2026
606$9,404$6,240FY2026$6,240FY2026
607$9,404$6,240FY2026$6,240FY2026
608$6,867$4,617FY2026$4,617FY2026
609$4,926$3,369FY2026$3,369FY2026
610$7,464$4,992FY2026$4,992FY2026
611$9,554$6,365FY2026$6,365FY2026
612$10,151$6,739FY2026
613$10,151$6,739FY2026
614$6,867$4,617FY2026$4,617FY2026
615$10,748$7,238FY2026
616$10,748$7,238FY2026$7,238FY2026
617$6,867$4,617FY2026$4,617FY2026
618$10,151$6,739FY2026
619$10,151$6,739FY2026$6,739FY2026
620$9,554$6,365FY2026$6,365FY2026
621$7,464$4,992FY2026$4,992FY2026
622$4,926$3,369FY2026$3,369FY2026
623$6,867$4,617FY2026
624$9,404$6,240FY2026$6,240FY2026
625$9,404$6,240FY2026
626$9,554$6,365FY2026
627$6,568$4,368FY2026$4,368FY2026
628$9,404$6,240FY2026$6,240FY2026
629$9,404$6,240FY2026$6,240FY2026
630$7,016$4,742FY2026
701$7,016$4,742FY2026$4,742FY2026
702$9,404$6,240FY2026$6,240FY2026
703$9,404$6,240FY2026
704$6,568$4,368FY2026$4,368FY2026
705$9,554$6,365FY2026$6,365FY2026
706$9,404$6,240FY2026
707$9,404$6,240FY2026
708$6,867$4,617FY2026
709$4,926$3,369FY2026$3,369FY2026
710$7,464$6,115FY2026$6,115FY2026
712$11,793$7,363FY2026$7,363FY2026
713$10,748$8,112FY2026$8,112FY2026
715$11,793$7,238FY2026$7,238FY2026
716$12,390$7,238FY2026$7,238FY2026
718$4,926$8,112FY2026
719$6,867$7,363FY2026$7,363FY2026
721$9,404$6,115FY2026$6,115FY2026
722$9,554$3,369FY2026$3,369FY2026
723$6,568$4,617FY2026$4,617FY2026
724$9,404$6,240FY2026$6,240FY2026
725$9,404$6,240FY2026
726$7,016$6,365FY2026$6,365FY2026

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 plan lists what a buyer pays at closing.

Sponsor's counsel fee
$2,500Paid by the purchaser to the sponsor's attorneys for the closingp. 55
Counsel's extra charges
  • $250: ACRIS transfer documents preparationp. 55
  • $250: closing outside counsel's officep. 97
  • $500: adjourned closingp. 97
Working capital
“two (2) months Common Charges”Contribution to the condominium's working capital fundp. 95
Initial capital contribution to Condominium
“two (2) months Common Charges”Paid to Condominiump. 55

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

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

Amendments

Amendment 9 2026

Temporary Certificate of Occupancy extended December 23, 2025; 97 unsold residential units, 1 unsold parking unit, and 10 unsold commercial units as of December 30, 2025; common charges collection anticipated to commence in June 2026.

  • Temporary Certificate of Occupancy extended on December 23, 2025
  • 97 unsold residential units, 1 unsold parking garage unit, 10 unsold commercial units as of December 30, 2025
  • Sponsor anticipates common charges collection to commence in or about June 2026
  • Aggregate monthly rents received from tenants: $27,610
  • Mortgage current balance: $45,835,949.87 as of December 30, 2025; monthly debt service: $264,124.62; maturity date January 18, 2026
  • Updated budget for calendar year commencing February 1, 2026
  • FinCEN Geographic Targeting Order reporting requirements effective February 28, 2026 for certain residential real estate purchases
  • Amendment valid for six months from acceptance date

Amendment 8 May 9, 2025

Amendment provides condominium operational status including temporary occupancy issued April 22, 2025, 139 unsold units, and common charges collection expected September 2025.

  • Temporary Certificate of Occupancy issued April 22, 2025
  • First residential unit closed August 21, 2024 (Unit #609)
  • 139 unsold residential units as of May 5, 2025
  • Working capital $32,355.68 as of May 5, 2025
  • Reserve fund balance $26,000.00 as of May 5, 2025
  • Common charges collection anticipated to commence September 2025
  • First annual meeting of unit owners anticipated August 2025
  • Unsold units subject to mortgage with Shanghai Commercial Bank, maturity July 18, 2025

Amendment 6 Jan 16, 2024

Amendment updates unit prices and common charges, sets first closing for March 1, 2024, clarifies sponsor payment obligations during occupancy transition, and grants temporary access rights to neighboring property for construction monitoring and facade work.

  • 53 residential units and 2 retail units in contract as of January 2, 2024
  • First residential unit closing anticipated on or about March 1, 2024
  • Sponsor may waive or reduce common charges during Sponsor Control Period via Waiver Period or Reduced Service Period
  • Access Agreement grants temporary license to neighboring property for preconstruction survey, structural monitoring, damage inspection, sidewalk bridging, protection barriers, and facade work
  • Budget unchanged from original offering plan
  • Offering plan extended for six months from amendment acceptance date

Amendment 4 May 23, 2023

Plan declared effective with 38 units contracted; unit designations and square footages revised on floors 1, 2, and 7; offering prices updated for certain units.

  • Plan declared effective April 10, 2023 with 38 of 172 residential units contracted (22.09%)
  • Unit 103 changed from Community Facility to Retail; Unit 109 changed from Retail to Community Facility
  • Second floor recreation areas adjusted: indoor from 2,184 SF to 2,154 SF, outdoor from 4,867 SF to 4,923 SF
  • Units 710 and 721 expanded with new terraces; Units 712 and 719 terraces reduced
  • Unit 710 square footage increased from 635 SF to 692 SF with 473 SF terrace
  • Unit 721 square footage increased from 635 SF to 692 SF with 473 SF terrace
  • Units 712 and 719 terraces reduced from 755 SF to 282 SF each
  • Offering plan extended for six months from amendment filing date
  • Schedule A prices increased for 147 homes (median +2.0%): 201 $663,300 → $683,200; 202 $878,900 → $896,500; 203 $878,900 → $896,500; 204 $652,050 → $671,600; ...

Amendment 3 2023

Amendment changes the escrow agent and sponsor's closing attorney, updates the selling agent, and reflects 21 units under contract as of March 16, 2023.

  • Escrow Agent changed from Moritt Hock & Hamroff LLP to Chan & Associates PLLC
  • Escrow account moved to JP Morgan Chase Bank, New Hyde Park, New York
  • Sponsor's attorneys for amendments: Certilman Balin Adler & Hyman, LP
  • Selling Agent: CPRE NY LLC, doing business as CPRE NY Realty
  • 21 units under contract as of March 16, 2023

Amendment 2 Oct 26, 2022

Unit numbers renumbered, parking and commercial square footage updated to match as-built plans.

  • Unit numbers on 2nd and 7th floors redesignated (e.g., old 214 becomes 218)
  • Parking Unit square footage updated to as-built
  • Commercial Unit 104 square footage updated to as-built
  • Commercial Unit 105 square footage updated to as-built
  • 2nd floor Recreation Area square footage updated to as-built
  • Updated Schedule A with revised unit designations
  • Updated floor plans for 2nd and 7th Floors annexed

Amendment 1 Sep 8, 2022

Changes escrow agent from Lau & Associates to Moritt Hock & Hamroff LLP and adds $2,500 sponsor attorney fee for closing documents.

  • Escrow Agent replaced: Moritt Hock & Hamroff LLP (1407 Broadway, 39th Fl., New York) replaces Lau & Associates, P.C.
  • Escrow Account at Metropolitan Commercial Bank, 1359 Broadway, New York, NY 10018
  • Six authorized signatories: Anthony J. Ficara, Robert M. Finkel, Ted A. Berkowitz, Brett Garver, David Cohen, Gary C. Hisiger
  • FDIC insurance limit $250,000 per deposit
  • Purchaser to pay $2,500 for Sponsor Attorney Fees for Preparation of Deed, Power of Attorney and other Closing Documents
  • No units under contract as of amendment filing date
What each amendment changed, line by lineGet Full Access

Team

Sponsor
Cw Northern LLC
Principals
Philip W. Chong, Meng Hua Wang
Tax estimate
Anthony Como AssociatesPrepared the first-year real estate tax projection
Construction lender
Shanghai Commercial Bank$75 million recorded
General contractor
Front Wave Construction*Held the general construction permit on DOB job 421621846
Title agency
Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 89

Zoning

Zoning districts
R6, R7-1The lot is split between two districts, the largest share first
Commercial overlay
C1-2

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

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