Radiant Condos in Long Island City: What the Offering Plan Says
Radiant is a new 19-story building at 24-01 Queens Plaza North with 117 condo apartments, mostly one-bedrooms. Its offering plan lists GE kitchens and in-unit laundry, a cellar basketball court, gym and sauna, a 24/7 non-union doorman, and a sponsor that can rent out unsold units and may control the board for years.
In brief: Radiant at 24-01 Queens Plaza North is a new building with a cellar and 19 floors, holding 117 condo apartments over one commercial unit. Most homes are one-bedrooms, and the plan's opening price list ran from about $575,000 to $2.85 million. What sets it apart: a cellar basketball court and sauna, a 24/7 doorman on a lean budget, and a sponsor that keeps the right to rent unsold units, so owner-occupants may never control the board.
What's Specific to It
- The sponsor can rent instead of sell. The sponsor only commits to selling 15% of the homes (18 units). It can rent the rest, so a majority of units may never belong to owners unrelated to the sponsor.
- A long sponsor-controlled board. The sponsor names the residential board members for up to five years after the first closing, or until 30 days after every unit sells.
- Amenities sized for a mid-rise. The cellar has a basketball court of about 830 sq ft, a gym, a sauna, a karaoke room, a ping-pong room and a dog wash.
- Gas and water are shared. Hot water comes from gas-fired heaters on one building meter, so gas and water are split among owners through common charges. You pay only your own electricity.
- The sponsor has a stake in the managing agent. The plan says the sponsor holds a non-controlling interest in Continental Building Management.
- Lot-line windows. The -08 line on floors 4 through 13 has a lot-line window that could have to be sealed if the neighboring property is rebuilt.
Listing photos of Radiant can show you the views. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.
At a Glance
- What it is: a new building on the corner of Queens Plaza North and 24th Street, replacing a one-story restaurant building. The plan expected construction to finish around July 1, 2025.
- Size: 117 apartments and one commercial unit with courtyards, on a lot of about 8,970 sq ft. Two passenger elevators and no service elevator.
- Layouts: 13 studios, about 80 one-bedrooms, about 21 two-bedrooms and 3 three-bedrooms. Two penthouses sit on the 18th floor, with terraces of about 430 and 530 sq ft. Many lower units also have terraces or balconies.
- Offering prices: in the original price list, homes ran from about $575,000 for a studio to $2.85 million for the larger penthouse, about $127.6 million in total. Later amendments raised the total offering to about $145 million. These are asking prices, not sales.
- Common charges: roughly $460 to $2,000 a month, depending on the unit, under the sponsor's first-year projection.
Finishes
Kitchens
Every kitchen is all-GE and all-electric: a range with oven, a hood, a dishwasher and a refrigerator. Size depends on the layout. Larger homes get a 30-inch range, a 24-inch dishwasher and a 30-inch fridge. Studios and some smaller homes get a 24-inch range and an 18-inch dishwasher. Counters are quartz, cabinets are wood veneer, and the sink is Houzer with a Kraus faucet. See kitchen appliance brands in NYC condos and gas vs. electric stoves.
Bathrooms
Porcelain tile on floors and walls, a Swiss Madison toilet, Glacier Bay vanity and sink, a Kingston Brass tub and a Signature Hardware shower. The plan allows "or equivalent" substitutes. For context, see bathroom brands in NYC condos.
Floors, heating and laundry
- Floors: engineered white oak planks in living areas, bedrooms and kitchens.
- Heating and cooling: VRF heat pump split systems, with fresh air from an energy recovery ventilator. See NYC condo heating and cooling systems.
- Laundry: every home has a GE washer and dryer. There's also a shared laundry room on the second floor.
Amenities
- Cellar: a basketball court of about 830 sq ft, a gym of about 860 sq ft (three treadmills, two ellipticals, two bikes and a weight station), a sauna with changing room and shower, a karaoke room, a ping-pong room open to the sky, and a dog wash with a grooming tub.
- 19th floor: a furnished lounge of about 2,200 sq ft with a billiards table, a kitchenette and an electric grill, opening onto two terraces. A furnished rooftop area holds up to 10 people.
- Lower floors: a lobby and recreation space of about 970 sq ft, a mail area, and a bike room on the second floor with racks for 77 bikes, first come, first served.
Good to know: rooms have small occupancy limits, such as 2 for the sauna and 3 for karaoke. The sponsor has up to 24 months after the first closing to finish the shared spaces, with no credit if they aren't ready. Compare with amenities by building size.
Staffing and Services
The plan projects a small, non-union staff:
- 1 part-time superintendent (not live-in)
- 1 full-time porter
- A doorman 24 hours a day, 7 days a week
The managing agent is Continental Building Management, at $72,000 a year. See where condo common charges go for context.
What It Costs to Run
The sponsor projects a first-year budget of about $1.2 million (July 2025 to June 2026). Residential owners pay almost all of it. The main lines:
| Budget line | Approx. first-year cost |
|---|---|
| Staff wages, taxes and benefits | $503,000 |
| Electricity for common areas | $271,000 |
| Water and sewer | $110,000 |
| Service contracts | $104,000 |
| Management fee | $72,000 |
| Insurance | $70,000 |
| Heat and hot water (gas) | $44,000 |
Staff is about 41% of the budget, and the 24/7 doorman alone is about $253,000 in wages. Window cleaning is the largest service contract at about $35,000. Water, sewer and gas for the apartments are in common charges because they are metered for the whole building. See who pays utilities in an NYC condo.
Common charges run roughly $460 a month for a studio to about $2,000 for the larger penthouse. Estimated property taxes add about $380 to $1,640 a month. The plan's tax letter covers ICAP, an abatement for the commercial portion. It doesn't describe a residential abatement. Read more on common charges and property taxes.
Good to know: a reserve study sets a first-year reserve need of $68,000. Only about $17,600 is in common charges. The rest comes from buyers: at closing you pay one month of common charges to the reserve and another month as a working capital contribution. If that falls short, the plan says a special assessment is possible. See NYC condo reserve funds.
Fine Print Worth Knowing
- Sponsor control. Because the sponsor can rent unsold units and the bylaws don't require an owner-occupant majority, buyers who live there may never control the board. While it owns any unit, the sponsor keeps one board seat.
- Lot-line windows. Units 408 through 1308 have a lot-line window. If the neighbor rebuilds, it may have to be filled in, at the cost of all residential owners.
- Cellar and terraces. Cellar space and terraces can't be used as bedrooms or living rooms. Changes to your terrace need board approval, and the sponsor's too while it owns a unit.
- Facade inspections. Local Law 11 inspections and repairs are not in the first-year budget. The plan puts the inspector at about $5,000 and says costs could come from reserves or an assessment.
- Square footage. Sizes are measured to the outside of exterior walls, so usable space is notably smaller than listed. A loss of 5% or less isn't treated as material.
- Contract terms. You waive a jury trial. If the sponsor wins a dispute you pay its legal fees, but you don't get yours back if you win.
Who's Behind It
- Sponsor: NERE 218 Management LLC, Brooklyn
- Architect: Tang Studio Architect
- Managing agent: Continental Building Management, in which the sponsor holds a non-controlling interest. The board can end the agreement on 30 days' notice after the first year.
- Selling agents: Nest Seekers International and One Realty Global (co-exclusive)
- Escrow agents: Marans Newman Tsolis & Nazinitsky, or the Law Offices of Timothy K. Wong
- Property tax consultant: Metropolitan Realty Exemptions
The plan doesn't name an interior designer.
Common Questions
Does Radiant have a pool or a gym?
No pool. The cellar has a gym of about 860 sq ft, a basketball court, a sauna, a karaoke room and a ping-pong room, and there's a lounge with terraces on the 19th floor.
How much are common charges at Radiant?
Under the sponsor's first-year projection, roughly $460 to $2,000 a month depending on the unit. That includes gas and water, which are shared. Estimated property taxes add about $380 to $1,640 a month.
Will owners control the condo board?
Not necessarily. The sponsor controls the board for up to five years and can rent unsold units rather than sell them. The plan warns that owner-occupants may never gain control of the board.
Where this comes from: the building's offering plan (CD230181), filed with the New York Attorney General and accepted for filing in March 2024, including its Schedule A price list and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales. Updated October 2026.