THE CONDO BOOK PROJECT

Skyhill Tower Condos: What the Offering Plan Says

Updated · 6 min read

Skyhill Tower is a new eight-story, all-electric condo in Woodside, Queens, with 93 one- to three-bedroom homes, 54 deeded parking spaces and three ground-level commercial units. Its offering plan shows asking prices under $1 million, very low common charges, no in-unit washers or dishwashers, and a sponsor that keeps the right to rent unsold units.

In brief: Skyhill Tower at 70-40 45th Avenue is a new eight-story condo in Woodside, Queens, on Queens Boulevard between 70th and 72nd Streets. Its offering plan lists 93 homes, mostly two- and three-bedrooms, at asking prices from about $440,000 to $805,000. What sets it apart: common charges are low (about $160 to $300 a month), there are no washer, dryer or dishwasher hookups in the apartments, the building is all-electric, and the site sits over an old car wash and auto repair lot with a permanent vapor control system the condo board must maintain.

What's Specific to It

Listing photos of Skyhill Tower show you the rooms. 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

Finishes

The plan describes basic, practical finishes rather than luxury brands.

Kitchens

Every kitchen gets a GE electric range, a Frigidaire refrigerator, a stainless steel sink, solid wood cabinets and a quartz countertop. Each has a vented exhaust fan. There's no dishwasher. See appliance brands in NYC new condos for context.

Bathrooms

Bathrooms have ceramic tile floors and ceramic tile walls to the ceiling, a porcelain sink in a vanity, a medicine cabinet and a Delta shower head.

Windows, heating and cooling

The plan doesn't specify flooring inside the apartments.

Amenities

The shared spaces are modest:

There's no gym and no pool. The sponsor has up to 24 months after the first closing to finish the common areas.

Tip: parking units are deeded, not licensed. If a parking owner rents to an outsider and a resident asks in writing, the space must be offered to the resident. Three accessible spaces carry special trade-or-sell rules. More on deeded vs. licensed parking.

Staffing and Services

There's no doorman or front desk. The budget pays an outside company, not yet picked when the plan was filed, to supply one full-time superintendent for 40 hours a week to handle cleaning, maintenance and trash. The entrance has a video intercom. The plan says there's no security camera system, though it mentions cameras in the bike rooms. Parking is unattended.

What It Costs to Run

The sponsor projects a first-year budget of about $337,000 (July 2025 to June 2026). That's small for 93 homes, mostly because there's no doorman staff or gas bill. Residential owners pay about 98% of it.

Budget lineApprox. first-year cost
Superintendent (outside provider)$120,000
Insurance$68,000
Service contracts (elevators, fire safety, cleanup monitoring)$36,000
Management fee$36,000
Reserve fund$34,000
Repairs and supplies$20,000
Water and sewer$15,000

The superintendent is about 36% of the budget. The service contracts include about $5,000 a year to comply with the environmental cleanup rules. Insurance could cost about four times as much while the building has only a partial certificate of occupancy.

Property taxes are the bigger cost. The plan estimates them at roughly $530 to $985 a month, about three times the common charges. The ICAP tax break the sponsor is seeking covers only the commercial and community facility units, not the homes. Read more on common charges and condo property tax estimates.

Good to know: at closing you pay one month's common charges to the working capital fund and another month's to the reserve fund. The cost of the city's facade inspections isn't in the first-year budget. See the working capital contribution.

Fine Print Worth Knowing

Who's Behind It

The plan doesn't name an interior designer.

Common Questions

Can I put a washer and dryer in my Skyhill Tower apartment?

The plan says no hookups are provided, and adding one may not be possible without major work. Residents use the coin-operated laundry room in the basement. There's no dishwasher either.

How much are common charges at Skyhill Tower?

Under the sponsor's first-year projection, roughly $160 to $300 a month. Estimated property taxes are much higher, about $530 to $985 a month, because the homes don't get a tax abatement.

Does Skyhill Tower have parking?

Yes. There are 54 deeded parking units, 35 in the basement garage and 19 outdoors, each listed at $30,000 in the original price list. They're sold separately from the apartments.

Where this comes from: the building's offering plan (CD240109), filed with the New York Attorney General, including its Schedule A price list, Schedule B first-year budget and building description. Prices are the sponsor's offering prices, not sales. Updated October 2026.