Tri-Crown Condominium
100-03/05/09 39th Avenue, Queens, NY 11368
Overview
- Units
- 24 residential · 3 commercial
- Subway
- 4 min walk to 103 St-Corona Plaza 7Junction Blvd 7, 4 min
- Average $/sf
- $398Homes in Schedule A, as first offered
- Common charges
- $82–$186 a monthSponsor's first-year estimate in Schedule A, November 1, 2007 To October 31,2008
- Offering price
- $10.2 million total
- Floor plans
- Page 9 of the plan
The sponsor of record is Fortune Valley, New York Inc., represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 290 pages. The sponsor has filed 3 amendments, the latest in October 2008. The nearest other condo plan on file is Green Bell Condominium, next door.
Plan CD070256 · New · accepted Dec 10, 2007 · AG record ↗
Compare
| Figure | This building1 | Wenzhou Tower215 units · 0.3 miaccepted 2009 | Corona Twins317 units · 0.6 miaccepted 2009 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.11Lowest | $0.22 | $0.28 |
| Average Offering PricePer Apartment | $376,667Highest | $322,333 | $276,471 |
| Average PricePer Square Foot | $398Below peers | $427 | $442 |
| Property TaxesPer Square Foot / Month | $0.07Highest | $0.02 | $0.05 |
| Average Unit SizeSquare Feet | 946 SFLargest | 755 SF | 626 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against Wenzhou Tower and Corona Twins, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed81% of the homes in Schedule A | 22 of 27 |
| Closing prices vs. Schedule A22 homes: $7,109,072 at closing against $7,270,000 in Schedule A (p. 30) | −2.2% |
| Average closing price22 homes, on their Schedule A square feet | $405 / SF |
| Closingsfirst and latest recorded | May 29, 2008 – Apr 24, 2014 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.
All 22 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2E | May 29, 2008 | $310,284 | $320,000 p. 30 | −3% |
| 2F | May 29, 2008 | $314,340 | $320,000 p. 30 | −1.8% |
| 3C | Jun 2, 2008 | $329,550 | $320,000 p. 30 | +3% |
| 2D | Jun 5, 2008 | $312,312 | $320,000 p. 30 | −2.4% |
| 1A | Jun 9, 2008 | $310,284 | $320,000 p. 30 | −3% |
| 4C | Jun 12, 2008 | $312,312 | $320,000 p. 30 | −2.4% |
| 1B | Jun 16, 2008 | $333,606 | $320,000 p. 30 | +4.3% |
| 1E | Jun 20, 2008 | $319,410 | $320,000 p. 30 | −0.2% |
| 2A | Jun 30, 2008 | $329,550 | $320,000 p. 30 | +3% |
| 2C | Jul 3, 2008 | $309,270 | $320,000 p. 30 | −3.4% |
| 3D | Jul 8, 2008 | $330,564 | $320,000 p. 30 | +3.3% |
| 3E | Jul 11, 2008 | $324,480 | $320,000 p. 30 | +1.4% |
| 1C | Jul 16, 2008 | $330,564 | $320,000 p. 30 | +3.3% |
| 2B | Jul 23, 2008 | $330,564 | $320,000 p. 30 | +3.3% |
| 1F | Jul 24, 2008 | $324,480 | $320,000 p. 30 | +1.4% |
| 3B | Jul 30, 2008 | $330,564 | $320,000 p. 30 | +3.3% |
| 3A | Aug 6, 2008 | $310,284 | $320,000 p. 30 | −3% |
| 3F | Aug 19, 2008 | $313,326 | $320,000 p. 30 | −2.1% |
| 1D | Aug 27, 2008 | $334,620 | $320,000 p. 30 | +4.6% |
| 4A | Sep 3, 2008 | $314,340 | $320,000 p. 30 | −1.8% |
| 4E | Jan 6, 2009 | $316,368 | $320,000 p. 30 | −1.1% |
| 4F | Apr 24, 2014 | $368,000 | $550,000 p. 30 | −33.1% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- Fortune Valley, New York Inc.
- Tax estimate
- Thomas E. BerinatoPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Green Bell Condominiumnext door · 8 units · 2011
- 37-53 99th Condominiumnext door · 7 units · 2010
- Corona Plaza North Condominium0.2 mi · 10 units · 2015
- Daffodil Condominium0.2 mi · 15 units · 7 parking · 2023
- 37th Avenue Condominium0.2 mi · 10 units · 2006
- Tam'S Condominium0.2 mi · 17 units · 9 parking · 2010