Lian Feng Condominium
147-12 Roosevelt Avenue, Queens, NY 11354
Overview
Lian Feng is an 11-unit condo in Queens, with 9 parking units.
- Offering plan: Accepted March 2023 · 276 pages
- Finishes: 8-foot ceilings, wood floors, cultured marble kitchen countertops, grey plywood cabinets, Frigidaire and GE Profile appliances and Delta bathroom fittings
- Prices: $955 a square foot on average, as first offered; $11.5 million in all
- Common charges: $273–$1,485 a month, the sponsor's first-year estimate
- Utilities: Electricity, gas and heat paid by the owner p. 143
- Sponsor: Lian Feng International LLC, represented by Thomas E. Berinato, Attorney At Law; principals Lin Li and Yao Wang
- Neighborhood: Murray Hill, Queens
- Subway: 12-minute walk to Flushing-Main St (7)
- Amendments: 2, the latest in April 2026
- Units
- 11 residential · 9 parking
- Neighborhood
- Murray Hill, Queens
- Subway
- 12 min walk to Flushing-Main St 7
- Principals
- Lin Li, Yao Wang
- Average $/sf
- $955Homes in Schedule A, as first offered
- Common charges
- $273–$1,485 a monthSponsor's first-year estimate in Schedule A, From July 1, 2023 to June 30, 2024
- Offering price
- $11.5 million total
- Floor plans
- Pages 162–180 of the plan
- AcceptedMarch 2023
- 2 amendments
Units & Prices
Common Charges & First-Year Budget
Property Taxes
The plan's first-year tax estimate.
The plan estimates $7,309 to $39,810 a year per home. No city tax bills for these homes yet.
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.
Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
- Sponsor's counsel fee
- $1,200Paid by the purchaser to the sponsor's attorneys for the closingp. 69
- Counsel's extra charges
- $250: closing outside counsel's officep. 69
- 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. 6
- Working capital
- $500.00Contribution to the condominium's working capital fundp. 68
Not listed: title insurance, mortgage tax, lender fees, mansion tax.
The Building
Amendments
Amendment 2 Jan 3, 2026
Plan declared effective with 3 of 13 units (23.07%) under accepted purchase agreements.
- Plan declared effective on January 3, 2026
- Sponsor accepted purchase agreements for 3 of 13 units (23.07%)
- Closing may not occur until plan effectiveness amendment is accepted for filing by Department of Law
Amendment 1 May 10, 2024
Plan extended six months with new sponsor, updated budgets and taxes, and no material changes otherwise.
- Plan extended six months; commencement date changed to July 1, 2025
- Sponsor changed from Lian Feng International to RIKA MASON GROUP LLC (effective November 4, 2022, name changed October 16, 2024)
- New Sponsor principal: Julie Wang, 90 Baker Hill Road Great Neck, NY 11023
- Schedules A and B updated with current projections of taxes and budget expenses
- Tax opinion letter updated for estimated real estate taxes for July 1, 2026
- Closing attorney updated for new Sponsor
- No Officer's and Director's Liability Coverage noted as special risk
Team
- Sponsor
- Lian Feng International LLC
- Principals
- Lin Li, Yao Wang
- Tax estimate
- Thomas E. BerinatoPrepared the first-year real estate tax projection
- General contractors
- Yx Construction, Master Works Contractor, JJK Building Consulting, 5d Architect and EngineerHeld the general construction permit on DOB job 421577564
- Title agency
- Federal Standard AbstractThe sponsor's title company for buyers; you can choose another · Agent for Commonwealth Title Insurance Company · Named on p. 67
Zoning
- Zoning district
- R5
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Changan Tower Condominium0.1 mi · 22 units · 1 parking · 2019
- Queens Manor Condominium0.1 mi · 22 units · 12 parking · 2019
- Sunlight Barclay Tower Condominium0.1 mi · 23 units · 17 parking · 2022
- 144-44 41st Avenue0.2 mi · 1988
- 144-30 Roosevelt Avenue0.2 mi · 1989
- U-Build Garden Condominium0.2 mi · 6 units · 5 parking · 2018