Somerset Condominium
83-85 116th Street, Queens, NY 11415
Overview
Somerset is a condo conversion in Queens.
- Offering plan: Accepted May 1984 · 321 pages
- Prices: $4.75 million in all
- Common charges: $45–$205 a month, the sponsor's first-year estimate
- Sponsor: Kew Gardens Associates, represented by Goldstick, Weinberger, Feldman & Grossman, PC
- Subway: 10-minute walk to 121 St (J, Z); 13 minutes to 111 St (J)
- Amendments: 29, the latest in September 2023
- Subway
- 10 min walk to 121 St J Z111 St J, 13 min
- Common charges
- $45–$205 a monthSponsor's first-year estimate in Schedule A, first year
- Offering price
- $4.75 million total
- SubmittedDecember 1983
- AcceptedMay 1984
- 29 amendments
Units & Prices
Sales
0 of 76homes sold (0%)
From city records (ACRIS), through Mar 31, 2022.
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 Somerset'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 →Closing Costs
The sponsor pays the NYC and NY State transfer taxes.
All 6 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- Kew Gardens Associates
- Title agency
- Superior Abstract Corp.The sponsor's title company for buyers; you can choose another · Named on p. 55
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Century Condominiumnext door · 30 units · 14 parking · 2003
- Metro Falls Condominiumnext door · 46 units · 40 parking · 2010
- Park Lane Condominium0.2 mi · 66 units · 1 parking · 2005
- Garden Lane Condominium0.2 mi · 19 units · 2021
- Courtyard Gardens Condominium0.3 mi · 40 units · 2015
- 115-25 Metropolitan Avenue0.3 mi · 1986
Free in ChatGPT or Claude
Ask Claude or ChatGPT about Somerset
The fastest way to know any condo or co-op
Get Connected →