THE CONDO BOOK PROJECT

Colden Garden Condominium

42-31 Colden Street, Queens, NY 11355

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Overview

Colden Garden is a condo in Queens.

  • Offering plan: Accepted May 1997 · 246 pages
  • Prices: $16.4 million in all
  • Common charges: $186–$381 a month, the sponsor's first-year estimate
  • Utilities: Electricity and gas paid by the owner; heat, hot water and water and sewer in the common charges p. 230
  • Sponsor: Futurex International Ltd., represented by D. Feldman & Associates, P.C.; principals Sunny Chiu, Christian Lee and Jimmy Chen
  • Neighborhood: Flushing, Queens
  • Subway: 10-minute walk to Flushing-Main St (7)
  • Amendments: 4, the latest in February 2004
  1. SubmittedMarch 1997
  2. AcceptedMay 1997
  3. 4 amendments
  4. First sale
  5. Latest sale

Sales

46 of 72 units sold (64%)

$21.4 millionin sales
$487/SFaverage sale price
December 2002 – February 2025first to latest sale
UnitSoldPrice
R2FFeb 13, 2025$678,000
F3DAug 22, 2024$545,000
F6DMay 30, 2024$485,000
R6GFeb 12, 2024$520,000
R1DJul 19, 2022$560,000
F6BDec 28, 2021$610,000
F3CNov 5, 2021$400,000
F5AOct 13, 2021$590,000
R3HJan 25, 2021$563,888
R7BMar 18, 2020$1,200,000
R6EJan 30, 2020$730,000
R5HNov 8, 2019$590,000
R2GNov 16, 2017$610,000
R3GJun 24, 2016$543,500
R1BJul 17, 2015$505,000
R5AMay 1, 2015$535,000
F3ESep 9, 2014$920,000
F3GSep 9, 2014$920,000
R6HOct 31, 2013$453,000
R7CMar 18, 2013$842,000
F5BNov 5, 2012$368,000
R3DOct 2, 2012$350,000
R5FJul 18, 2012$473,800
R6FMay 30, 2012$488,000
F5GApr 6, 2012$380,000
R6COct 18, 2011$328,000
R1ESep 23, 2011$420,000
R1FJul 19, 2011$415,000
F3AAug 16, 2007$438,000
R1HApr 26, 2007$443,000
F6GMar 13, 2007$470,000
R3AJun 27, 2006$365,000
R2CJan 9, 2006$333,000
R7ADec 16, 2005$760,000
F3FMar 8, 2005$680,000
F3HMar 8, 2005$680,000
R6AAug 25, 2004$370,000
F2B1Jun 24, 2004$325,000
R5DJun 11, 2004$160,000
R5BApr 1, 2004$295,000
R2BDec 15, 2003$325,000
R1CSep 2, 2003$240,000
F5FAug 11, 2003$222,900
R2AMay 14, 2003$285,000
R1AApr 1, 2003$270,000
F5HDec 6, 2002$277,500
Every sale: 46 recorded sales, with price and dateGet Full Access

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

Common Charges & First-Year Budget

Property Taxes

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

HomePlan's estimateFirst yearCurrent
F3A$338$5,729FY2026
F3B$338$5,729FY2026
F3C$265$4,286FY2026
F3D$265$4,286FY2026$4,286FY2026
F3E$265$4,286FY2026
F3F$265$4,286FY2026
F3G$336$5,696FY2026
F3H$336$5,696FY2026
F5A$330$5,421FY2026
F5B$330$3,523FY2026
F5C$269$4,356FY2026
F5D$269$1,531FY2026
F5E$269$4,356FY2026
F5F$269$4,356FY2026
F5G$330$5,421FY2026
F5H$330$5,421FY2026
F6A$334$5,492FY2026
F6B$334$5,283FY2026
F6D$273$4,323FY2025$4,253FY2026
F6E$273$4,424FY2026
F6F$273$4,424FY2026
F6G$334$5,492FY2026
F6H$334$5,492FY2026
F7A$509$11,982FY2026
F7B$530$12,327FY2026
F7C$509$11,982FY2026
F7D$530$5,516FY2026
R1A$323$5,318FY2026
R1B$323$5,318FY2026
R1C$259$4,081FY2026
R1D$259$4,253FY2026
R1E$366$6,108FY2026
R1F$366$6,108FY2026
R1G$323$5,318FY2026
R1H$323$5,318FY2026
R2A$323$5,049FY2026
R2B$323$5,318FY2026
R2C$259$4,253FY2026
R2D$259$4,253FY2026
R2E$366$6,108FY2026
R2F$366$6,108FY2026
R2G$323$5,111FY2026
R2H$323$5,049FY2026
R3A$325$5,354FY2026
R3B$325$5,354FY2026
R3C$262$4,286FY2026
R3D$262$4,116FY2026
R3E$368$5,186FY2026
R3F$368$5,833FY2026
R3G$325$5,354FY2026
R3H$325$5,146FY2026
R5A$330$5,421FY2026
R5B$330$5,214FY2026
R5C$266$4,087FY2026
R5D$266$4,356FY2026
R5E$372$5,905FY2026
R5F$372$5,636FY2026
R5G$330$5,214FY2026
R5H$330$5,421FY2026
R6A$334$5,492FY2026
R6B$334$5,492FY2026
R6C$270$4,424FY2026
R6D$270$1,565FY2026
R6E$376$6,283FY2026
R6F$376$6,283FY2026
R6G$334$5,370FY2025$5,283FY2026
R6H$334$5,283FY2026
R7A$488$9,581FY2026
R7B$509$11,295FY2026
R7C$509$11,638FY2026
R7D$530$11,982FY2026

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.

Sponsor's counsel fee
$350.00Paid by the purchaser to the sponsor's attorneys for the closingp. 6
Counsel's extra charges
  • $150.00: closing outside Sponsor's attorney's office (attendance fee)p. 6
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
one month's common chargeContribution to the condominium's working capital fundp. 88

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

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

Team

Sponsor
Futurex International Ltd.
Principals
Sunny Chiu, Christian Lee, Jimmy Chen
Title agency
Cooke Abstract Corp.The sponsor's title company for buyers; you can choose another · Agent for Lawyers Title Insurance Corporation · Named on p. 51

Zoning

Zoning district
R6

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

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