105-25 65 Road Condominium
105-25 65th Road, Queens, NY 11375
Overview
- Units
- 18 residential · 1 commercial
- Subway
- 8 min walk to 67 Av M R63 Dr-Rego Park M R, 13 min
- Principals
- Sai Jing Chen
- Average $/sf
- $894Homes in Schedule A, as first offered
- Common charges
- $199–$373 a monthSponsor's first-year estimate in Schedule A, assuming January 1, 2022 - December 31,2022
- Offering price
- $11.3 million total
- Floor plans
- Page 35 of the plan
The sponsor of record is Fr Development LLC, represented by Hc Law & Associates, P.C.. The offering plan runs 341 pages. The sponsor has filed 3 amendments, the latest in December 2024. The nearest other condo plan on file is Novo 64 Condominium, 0.1 mi away.
Plan CD210108 · New · accepted May 25, 2022 · AG record ↗
Compare
| Figure | This building1 | Garden Lane219 units · 1.8 miaccepted 2021 | Kew Gardens Tower332 units · 1.7 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.44Lowest | $0.68 | $0.80 |
| Average Offering PricePer Apartment | $579,444In line | $509,737 | $672,677 |
| Average PricePer Square Foot | $894In line | $835 | $969 |
| Property TaxesPer Square Foot / Month | $0.06Lowest | $0.62 | $0.23 |
| Average Unit SizeSquare Feet | 649 SFIn line | 610 SF | 694 SF |
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Unit mix, closings, budgets, finishes and the team, against Garden Lane and Kew Gardens Tower, 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 closed83% of the homes in Schedule A | 15 of 18 |
| Closing prices vs. Schedule A15 homes: $7,955,650 at closing against $8,510,000 in Schedule A (p. 41) | −6.5% |
| Average closing price15 homes, on their Schedule A square feet | $838 / SF |
| Closingsfirst and latest recorded | Oct 13, 2022 – Feb 20, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Mar 31, 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 15 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4C | Oct 13, 2022 | $446,160 | $420,000 p. 41 | +6.2% |
| 3B | Oct 20, 2022 | $565,129 | $580,000 p. 41 | −2.6% |
| 5C | Oct 26, 2022 | $446,160 | $420,000 p. 41 | +6.2% |
| 6A | Nov 18, 2022 | $750,000 | $680,000 p. 41 | +10.3% |
| 4A | Nov 29, 2022 | $608,914 | $650,000 p. 41 | −6.3% |
| 7C | Jan 24, 2023 | $631,315 | $680,000 p. 41 | −7.2% |
| 2A | Feb 6, 2023 | $692,410 | $650,000 p. 41 | +6.5% |
| 6C | Mar 22, 2023 | $439,062 | $430,000 p. 41 | +2.1% |
| 3A | Apr 10, 2023 | $610,950 | $650,000 p. 41 | −6% |
| 6B | Jun 20, 2023 | $486,720 | $590,000 p. 41 | −17.5% |
| 2B | Jul 6, 2023 | $590,585 | $550,000 p. 41 | +7.4% |
| 5B | Jul 17, 2023 | $520,000 | $580,000 p. 41 | −10.3% |
| 4B | Apr 28, 2025 | $427,908 | $580,000 p. 41 | −26.2% |
| 5A | May 8, 2025 | $590,338 | $650,000 p. 41 | −9.2% |
| 2C | Feb 20, 2026 | $150,000 | $400,000 p. 41 | −62.5% |
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
- Fr Development LLC
- Principals
- Sai Jing Chen
- Counsel
- Hc Law & Associates, P.C.
- Tax estimate
- Platform Real Estate Inc.Prepared the first-year real estate tax projection
- Construction lender
- Ponce BankLender on the mortgage and building loan agreement recorded September 2020 in ACRIS; $6.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Novo 64 Condominium0.1 mi · 93 units · 56 parking · 2007
- Sunrise Manor Condominium0.2 mi · 22 units · 26 parking · 2006
- Lakeview Terrace Condominium0.3 mi · 13 units · 2011
- Lakeview Tower Condominium0.3 mi · 29 units · 31 parking · 2008
- Mbs Condominium0.3 mi · 12 units · 7 parking · 2010
- Forest Hills Plaza Condominium0.4 mi · 33 units · 10 parking · 2007