THE CONDO BOOK PROJECT

16-24 Jefferson Avenue Condominium

16-24 Jefferson Avenue, Queens, NY 11385

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Overview

16-24 Jefferson Avenue is a new 6-unit condo in Queens, with 4 parking units and 6 storage units.

  • Offering plan: Accepted November 2024 · 288 pages · floor plans on page 22
  • Finishes: 9-foot ceilings, engineered bamboo floors, laminate kitchen countertops, wood cabinets, GE, Frigidaire and Amana appliances, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $1,108 a square foot on average, as first offered; $6.9 million in all ($5.02 million when first offered)
  • Common charges: $318–$546 a month, the sponsor's first-year estimate
  • Sponsor: 16 Jefferson Villa LLC, represented by Eial Girtz, PC; principals Nir Muvdi
  • Neighborhood: Ridgewood, Queens
  • Subway: 5-minute walk to Halsey St (L); 6 minutes to Myrtle-Wyckoff Avs (L, M)
  • Amendments: 2, the latest in June 2025
  1. SubmittedMarch 2025
  2. AcceptedNovember 2024
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

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

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do 16-24 Jefferson Avenue's common charges compare with similar buildings? →

Property Taxes

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

Each home's estimate, city bills and tax breaksSee it free →

Compare

FigureThis building11811 Menahan26 units · 0.5 miaccepted 20251904 Harman37 units · 0.7 miaccepted 2023
Common ChargesPer Square Foot / Month$0.40Lowest$0.94$0.61
Average Offering PricePer Apartment$1.11MHighest$733,333$779,286
Average PricePer Square Foot$1,108Below peers$1,174$1,140
Average Unit SizeSquare Feet1,000 SFLargest625 SF683 SF
Unit mix, amenities, finishes, utilities and operating costs against 1811 Menahan and 1904 HarmanUnlock the rest with a free account
How We Got This
  • Comps: the closest Queens plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 10 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
16 Jefferson Villa LLC
Principals
Nir Muvdi
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Bayport Funding$3.38 million loan stated in the plan
General contractors
Level 10 Construction Group, Home Improvement MRHeld the general construction permit on DOB NOW job Q00920005

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

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The Condo Book Project Are 16-24 Jefferson Avenue's common charges high for the area? No, they're on the low side. 16-24 Jefferson Avenue budgets $0.40 per square foot a month, against a $0.57 median for the 10 most similar Queens plans.Schedule A Do you want to see the list of similar buildings?