Vesta Condominium
11-36 45th Road, Queens, NY 11101
Overview
Vesta is a new seven-story, two-tower condo in Long Island City with 115 apartments, 40 parking spaces and 32 storage units, built above and beside a church space for the site's former owner. Its offering plan details Bosch kitchens and in-unit laundry, a contracted doorman plus a virtual doorman, a sponsor-affiliated managing agent, and a first-year budget of about $966,000.
- What it is: a new concrete building with two seven-story towers over a cellar, on a lot of about 34,500 sq ft running from 45th Road through to 46th Avenue. The site was formerly the Science of the Soul Study Center. The plan expected construction to finish and the first closing to happen around July 1, 2025.
- Size: 115 apartments (one on the first floor, the rest on floors 2 to 7), 40 parking spaces, 32 storage units and one community facility unit.
- Layouts: 6 studios (about 424 to 434 sq ft), 64 one-bedrooms (mostly 545 to 670 sq ft), 38 two-bedrooms (mostly 817 to 1,135 sq ft) and 7 three-bedrooms (about 989 to 1,286 sq ft).
- Outdoor space: 14 apartments have private terraces (about 245 to 680 sq ft) and 37 have balconies, most of them 42 sq ft.
- Offering prices: in the original price list, the 104 apartments offered ran from $655,000 for a studio to $1,990,000 for a three-bedroom, about $1,690 per sq ft on average. Parking spaces were $150,000 each and storage units $15,000 to $42,000. Eleven apartments weren't priced. These are asking prices, not sales, and five amendments have been filed since, so check them for current prices.
- Subway: the G at 21 St is about a 3-minute walk, and Court Sq-23 St (7, E, M, G) is about 4 minutes.
Compare
| Figure | This building1 | Urban21271 units · 0.1 miaccepted 2024 | Paragon3186 units · 0.2 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.81Below peers | $0.89 | $0.82 |
| Average Offering PricePer Apartment | $1.23MIn line | $1.02M | $1.6M |
| Average PricePer Square Foot | $1,698In line | $1,516 | $1,747 |
| Property TaxesPer Square Foot / Month | $1.21Below peers | $1.30 | $1.25 |
| Average Unit SizeSquare Feet | 731 SFIn line | 672 SF | 916 SF |
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Unit mix, closings, budgets, finishes and the team, against Urban21 and Paragon, 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 closed85% of the homes in Schedule A | 98 of 115 |
| Closing prices vs. Schedule A59 homes: $79,481,632 at closing against $76,800,000 in Schedule A (p. 56, p. 57, p. 58, p. 59) | +3.5% |
| Average closing price60 homes, on their Schedule A square feet | $1,741 / SF |
| Closingsfirst and latest recorded | Nov 25, 2025 – May 21, 2026 |
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 (or, for a home the plan listed without a price, the amendment that priced it); 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 98 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 403A | Nov 25, 2025 | $987,703 | $955,000 p. 56 | +3.4% |
| 605B | Nov 25, 2025 | $1,812,485 | $1,780,000 Amendment 5, p. 13 | +1.8% |
| 608A | Nov 25, 2025 | $763,688 | $750,000 p. 57 | +1.8% |
| 609A | Nov 25, 2025 | $1,624,109 | $1,575,000 p. 57 | +3.1% |
| 501B | Dec 3, 2025 | $997,885 | $960,000 p. 58 | +3.9% |
| PH2B | Dec 11, 2025 | $1,115,000 | $1,050,000 p. 58 | +6.2% |
| 304B | Dec 16, 2025 | $902,000 | $910,000 p. 57 | −0.9% |
| 403B | Dec 16, 2025 | $945,000 | $930,000 p. 58 | +1.6% |
| 306A | Dec 17, 2025 | $1,817,576 | $1,730,000 p. 56 | +5.1% |
| 307A | Dec 17, 2025 | $1,135,349 | $995,000 p. 56 | +14.1% |
| 407A | Dec 17, 2025 | $1,110,038 | $1,060,000 p. 56 | +4.7% |
| 408A | Dec 17, 2025 | $764,917 | $715,000 p. 56 | +7% |
| 409A | Dec 17, 2025 | $1,613,926 | $1,530,000 p. 56 | +5.5% |
| 504A | Dec 17, 2025 | $1,557,923 | $1,440,000 p. 56 | +8.2% |
| 9P | Dec 19, 2025 | $2,075,000 | — | — |
| 405B | Dec 19, 2025 | $1,769,014 | $1,735,000 p. 58 | +2% |
| 607B | Dec 19, 2025 | $980,000 | $975,000 p. 58 | +0.5% |
| PH2A | Dec 19, 2025 | $2,075,000 | $2,125,000 Amendment 5, p. 11 | −2.4% |
| PH5B | Dec 19, 2025 | $1,870,000 | $1,875,000 Amendment 5, p. 13 | −0.3% |
| PH6A | Dec 19, 2025 | $1,175,000 | $1,180,000 Amendment 5, p. 11 | −0.4% |
| 304A | Dec 22, 2025 | $1,480,000 | $1,395,000 p. 56 | +6.1% |
| 401A | Dec 22, 2025 | $1,630,000 | $1,555,000 p. 56 | +4.8% |
| 401B | Dec 22, 2025 | $983,500 | $935,000 p. 58 | +5.2% |
| 604A | Dec 22, 2025 | $1,550,000 | $1,470,000 p. 57 | +5.4% |
| ST-2 | Dec 22, 2025 | $983,500 | — | — |
| 302B | Dec 23, 2025 | $970,000 | $960,000 p. 57 | +1% |
| 602B | Dec 23, 2025 | $1,109,893 | $1,035,000 p. 58 | +7.2% |
| 204A | Dec 26, 2025 | $1,485,000 | $1,375,000 p. 56 | +8% |
| 602A | Dec 29, 2025 | $1,595,000 | $1,565,000 p. 57 | +1.9% |
| 303A | Jan 2, 2026 | $943,532 | $935,000 p. 56 | +0.9% |
| 311B | Jan 5, 2026 | $1,560,000 | $1,560,000 p. 58 | 0% |
| 508A | Jan 6, 2026 | $798,000 | $735,000 p. 56 | +8.6% |
| 203A | Jan 7, 2026 | $965,000 | $920,000 p. 56 | +4.9% |
| 303B | Jan 7, 2026 | $910,000 | $910,000 p. 57 | 0% |
| 506A | Jan 7, 2026 | $1,785,000 | $1,780,000 p. 56 | +0.3% |
| 402B | Jan 8, 2026 | $1,000,235 | $980,000 p. 58 | +2.1% |
| 502B | Jan 12, 2026 | $978,851 | $1,010,000 p. 58 | −3.1% |
| 501A | Jan 16, 2026 | $1,650,000 | $1,580,000 p. 56 | +4.4% |
| 601A | Jan 20, 2026 | $1,605,000 | $1,605,000 p. 56 | 0% |
| 406A | Jan 22, 2026 | $1,797,211 | $1,765,000 p. 56 | +1.8% |
| 507A | Jan 23, 2026 | $1,084,809 | $1,075,000 p. 56 | +0.9% |
| 26P | Jan 27, 2026 | $2,180,000 | — | — |
| 605A | Jan 27, 2026 | $2,180,000 | $2,040,000 Amendment 5, p. 11 | +6.9% |
| ST-16 | Jan 27, 2026 | $2,180,000 | — | — |
| 404A | Jan 28, 2026 | $1,435,549 | $1,415,000 p. 56 | +1.5% |
| 606A | Jan 28, 2026 | $1,879,173 | $1,860,000 Amendment 5, p. 11 | +1% |
| PH3A | Jan 28, 2026 | $1,155,714 | $1,075,000 p. 57 | +7.5% |
| ST-14 | Jan 28, 2026 | $1,435,549 | — | — |
| ST-17 | Jan 28, 2026 | $22,000 | — | — |
| 15P | Jan 30, 2026 | $5,886,675one deed, 3 homes | — | — |
| 17P | Jan 30, 2026 | $5,886,675one deed, 3 homes | — | — |
| 18P | Jan 30, 2026 | $5,886,675one deed, 3 homes | — | — |
| 205A | Jan 30, 2026 | $5,886,675one deed, 3 homes | $1,915,000 p. 56 | — |
| 305A | Jan 30, 2026 | $5,886,675one deed, 3 homes | $1,935,000 p. 56 | — |
| 402A | Jan 30, 2026 | $1,583,379 | $1,525,000 p. 56 | +3.8% |
| 405A | Jan 30, 2026 | $5,886,675one deed, 3 homes | $1,965,000 p. 56 | — |
| PH7A | Jan 30, 2026 | $770,000 | $770,000 p. 57 | 0% |
| ST-30 | Jan 30, 2026 | $5,886,675one deed, 3 homes | — | — |
| ST-31 | Jan 30, 2026 | $5,886,675one deed, 3 homes | — | — |
| ST-32 | Jan 30, 2026 | $5,886,675one deed, 3 homes | — | — |
| 308A | Feb 2, 2026 | $781,326 | $695,000 p. 56 | +12.4% |
| 603A | Feb 4, 2026 | $1,102,350 | $995,000 p. 57 | +10.8% |
| ST-24 | Feb 4, 2026 | $1,102,350 | — | — |
| PH8A | Feb 12, 2026 | $1,664,500 | $1,590,000 p. 57 | +4.7% |
| ST-3 | Feb 12, 2026 | $1,664,500 | — | — |
| 309A | Feb 20, 2026 | $1,572,000 | $1,515,000 p. 56 | +3.8% |
| ST-18 | Feb 20, 2026 | $1,572,000 | — | — |
| 10P | Feb 24, 2026 | $132,373 | — | — |
| 205B | Feb 25, 2026 | $1,735,000 | $1,735,000 p. 57 | 0% |
| 208A | Feb 27, 2026 | $1,121,000 | $1,035,000 p. 56 | +8.3% |
| 301A | Feb 27, 2026 | $1,610,000 | $1,530,000 p. 56 | +5.2% |
| ST-6 | Feb 27, 2026 | $1,121,000 | — | — |
| ST-4 | Mar 3, 2026 | $12,550 | — | — |
| 503B | Mar 9, 2026 | $975,000 | $955,000 p. 58 | +2.1% |
| ST-15 | Mar 13, 2026 | $18,838 | — | — |
| 502A | Mar 16, 2026 | $1,575,000 | $1,545,000 p. 56 | +1.9% |
| 13P | Mar 25, 2026 | $2,140,000 | — | — |
| 505A | Mar 25, 2026 | $2,140,000 | $1,990,000 p. 56 | +7.5% |
| ST-25 | Mar 25, 2026 | $2,140,000 | — | — |
| 407B | Mar 30, 2026 | $950,000 | $950,000 p. 58 | 0% |
| 21P | Apr 8, 2026 | $1,885,000 | — | — |
| 302A | Apr 8, 2026 | $1,554,000 | $1,495,000 p. 56 | +3.9% |
| 505B | Apr 8, 2026 | $1,885,000 | $1,755,000 p. 58 | +7.4% |
| ST-10 | Apr 8, 2026 | $1,554,000 | — | — |
| 301B | Apr 9, 2026 | $915,000 | $915,000 p. 57 | 0% |
| PH7B | Apr 23, 2026 | $1,767,040 | — | — |
| 29P | May 21, 2026 | $11,763,972 | — | — |
| 30P | May 21, 2026 | $11,763,972 | — | — |
| 31P | May 21, 2026 | $11,763,972 | — | — |
| 32P | May 21, 2026 | $11,763,972 | — | — |
| 33P | May 21, 2026 | $11,763,972 | — | — |
| 34P | May 21, 2026 | $11,763,972 | — | — |
| 35P | May 21, 2026 | $11,763,972 | — | — |
| 36P | May 21, 2026 | $11,763,972 | — | — |
| 37P | May 21, 2026 | $11,763,972 | — | — |
| 38P | May 21, 2026 | $11,763,972 | — | — |
| 39P | May 21, 2026 | $11,763,972 | — | — |
| 40P | May 21, 2026 | $11,763,972 | — | — |
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
What It Costs to Run
The sponsor projects a first-year budget of about $966,000 (July 2025 to June 2026). Residential owners pay about $885,000 of it and the church unit about $81,000. The largest lines:
| Budget line | Approx. first-year cost |
|---|---|
| Labor (contracted doorman and porters) | $198,000 |
| Water and sewer | $171,000 |
| Management fee | $119,000 |
| Service contracts (incl. $45,000 virtual doorman, $36,000 elevator compliance) | $108,000 |
| Reserve fund | $97,000 |
| Gas (hot water and cooking) | $88,000 |
| Insurance | $88,000 |
Common charges run from about $336 a month for a studio to about $1,120 for the largest three-bedroom. Estimated property taxes add about $500 to $1,670 a month, based on full post-construction assessment with no tax break described. Parking spaces carry about $121 a month in common charges and $64 in taxes. Read more on common charges and estimating condo property taxes.
Good to know: the budget sets aside about 10% for a reserve fund. At closing you pay one month of common charges to the working capital fund and another month to the reserve fund. The plan budgets $0 for legal fees, so legal costs would come from surplus or an assessment. Facade inspections (about $5,000 per cycle, plus repairs) aren't budgeted either. See the working capital contribution.
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
The Building
Finishes
Kitchens
Cabinets are Italian-made wood veneer, with Compac quartz counters and backsplash in a Calacatta color. Appliances are a Bosch 30-inch panel-ready refrigerator, a Bertazzoni 30-inch freestanding gas range (or equivalent), a Bosch microwave and a Bosch fully integrated dishwasher. One page of the engineer's report says granite counters instead, so confirm with the sponsor.
Bathrooms
Custom vanities in white mineral marble, Kohler Underscore 5-foot tubs (or similar), TOTO one-piece toilets with washlets, and polished chrome Grohe fittings. Bathroom floors are Nemo porcelain tile (or equivalent). Compare with bathroom brands in NYC luxury condos.
Floors, Windows and Walls
- Floors: 8.5-inch-wide white oak engineered wood over a cork underlayment in living rooms, bedrooms and kitchens.
- Windows: aluminum windows set in a triple-glazed curtain wall, with an acoustic layer. Windows are only on the north and south sides of each tower.
- Ceilings: about 9 feet in most homes, a bit higher on the 6th and 7th floors.
- Sound: the engineer rates the concrete floors at STC 60.
Laundry, Heating and Cooling
- Laundry: every apartment has a Bosch 800 Series 24-inch stacked washer and dryer. There's also a shared cellar laundry room with eight card-operated washers and eight gas dryers.
- Heating and cooling: each apartment has its own Mitsubishi Hyper-Heat multi-split heat pump with its own thermostat, so you pay for it through your electric bill.
- Intercom: a Latch video intercom in each apartment, with cameras in corridors, elevators and common areas.
See also who pays utilities in an NYC condo and NYC condo finishes since 2010.
Amenities, Staffing & Transportation
- First floor: a gym of about 1,100 to 1,200 sq ft, a lounge and party room, a kids' room and, in the engineer's report, a work room of about 435 sq ft. Gym equipment is listed as Sunny Health & Fitness.
- Outdoors: a first-floor courtyard with a reflecting-pool fountain, and a shared terrace on the second floor between the towers, linked by an outdoor stair.
- Cellar: two locked bike rooms (45 and 36 spaces), the laundry room, a trash compactor room for each tower, and the parking garage.
- Mail: each lobby has mailboxes plus 42 Amazon package lockers.
Good to know: the plan's description of the second-floor terrace is unclear. One section calls it an 11,852 sq ft terrace for residents; the engineer's report describes an 11,044 sq ft rear-yard terrace for the community facility tenant and mechanical equipment. Ask which parts residents can use. The sponsor has up to 24 months after the first closing to finish all common areas, with no credit to owners in the meantime. There's no pool and no roof deck.
Tip: the 40 parking spaces are deeded units in the cellar, and the garage is wired for 8 JuiceBar EV chargers. Excess spaces can be rented to non-residents, but must go to a resident within 30 days of a written request. Eight accessible spaces carry a trade-or-sell rule if a resident later needs one. The 32 storage units are also sold separately. See deeded vs. licensed parking and condo storage units.
Staffing and Services
The condo won't employ anyone directly. The budget pays a third-party service company for:
- 1 full-time doorman (about $68,000)
- 2 full-time porters (about $65,000 each), who clean common areas and sidewalks and put out trash
The plan doesn't say the doorman's hours. A separate $45,000 virtual doorman contract is also budgeted, which suggests the desk won't be staffed in person around the clock. The building has four residential elevators (two per tower), plus one for the church. See what a doorman costs in an NYC condo for context.
Transportation
- Subway: 3 min walk to 21 St G; Court Sq-23 St 7 E F G M, 4 min
- Parking: 40 parking units in the plan
Fine Print
What's Specific to It
- A church in the building. Radha Soami Society Beas-America sold the land on the condition that the sponsor build and convey back a community facility unit, apartment PH7B and parking spaces P29 to P40. The plan calls the unit a church and says the society is unaffiliated with the sponsor. The unit's owner appoints one of seven board members.
- A managing agent tied to the sponsor. Capital Home Realty is set to manage the building for $118,800 a year. The management section says the sponsor's principal controls it, though another section says it has no relationship with the sponsor. The same firm reviewed the budget as the sponsor's budget expert.
- No staff on payroll. A contractor supplies one full-time doorman and two porters, and the budget adds a $45,000 virtual doorman contract.
- Gas, water and hot water are in your common charges. Cooking gas and water are on shared meters, and hot water comes from central gas heaters. You pay only your own electricity.
- A neighbor from the same developer. The sponsor's principal has a project of about the same height going up immediately next door, so views on that side aren't protected.
Listing photos of Vesta Condominium show you the finishes. 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.
Fine Print Worth Knowing
- Sponsor control. The sponsor names the residential board members for up to five years after the first closing, or until all units sell. The first board is the sponsor's principal, an associate of his and a representative of the religious society.
- The church unit's rights. The community facility owner can alter, subdivide or change the use of its unit without board approval, within the rules, and has easements through the common areas for cables and equipment.
- Buyer pays transfer taxes. The contract shifts the city and state transfer taxes to you. You also pay the sponsor's attorney $2,350 plus a $250 filing fee.
- No resale listing for a year. You can't list or advertise your unit for sale or rent until the sponsor sells out or one year after closing, whichever comes first.
- Rental and resale rules. Leases must be at least one year, short stays are banned, and the board has a right of first refusal on sales and leases.
- Limited warranties. The state's implied housing warranty doesn't apply, and the sponsor gives no warranty of its own beyond building to code and plans. You have 6 months to report visible defects and 12 months for hidden ones. The roof has a 20-year manufacturer's warranty.
- Development rights. The sponsor keeps any unused development rights, though it doesn't expect any to be left.
- Contract terms. No financing contingency, a jury trial waiver, and a delay fee of 0.0438% of the price per day if you close late.
Team
- Sponsor: MPS Two LLC, whose principal is George Xu. He has sponsored more than a dozen Queens and Brooklyn condos, including LIV @ Murray Park North and South on neighboring blocks.
- Architect: Raymond Chan Architect PC
- Engineer (building description): EJC Engineering
- Managing agent: Capital Home Realty, which the plan says the sponsor's principal controls, on a one-year agreement
- Selling agent: Serhant
- Sponsor's counsel: Marans Newman Tsolis & Nazinitsky, which also holds deposits in escrow
- General contractor: Grand Construction & Development Group (named for the roof workmanship warranty)
The plan doesn't name an interior designer.
- Sponsor
- Mps Two, LLC
- Developer
- Century Development GroupReported by commercialobserver.com
- Principals
- George Xu
- Tax estimate
- Highpoint Incentive Inc.Prepared the first-year real estate tax projection
- Construction lender
- Bank Hapoalim$58 million recorded
Nearby
- Loft 21 Condominiumnext door · 67 units · 27 parking · 2026
- Liv @ Murray Park Southnext door · 24 units · 14 parking · 2017
- 21-20 Condominiumnext door · 6 units · 2019
- 21-22 Condominiumnext door · 6 units · 2018
- 21-19 Condominiumnext door · 6 units · 2019
- Liv @ Murray Park Northnext door · 39 units · 20 parking · 2014
FAQ
Does Vesta Condominium have a doorman?
The budget pays an outside company for one full-time doorman, plus a $45,000 virtual doorman service. The plan doesn't promise a staffed desk 24 hours a day.
How much are common charges at Vesta?
Under the sponsor's first-year projection, about $336 a month for a studio to about $1,120 for the largest three-bedroom. Estimated property taxes add roughly $500 to $1,670 a month.
Is there parking at 11-36 45th Road?
Yes. There are 40 deeded spaces in the cellar, offered at $150,000 each in the original plan. Twelve go to the church's owner, and 8 can be fitted with EV chargers.
Who uses the community facility space?
It's being conveyed to Radha Soami Society Beas-America, the site's former owner. The plan describes it as a church with its own lobby and elevator, and its owner appoints one board member.
Where this comes from: the building's offering plan (CD240131), filed with the New York Attorney General, including its Schedule A price list, Schedule B first-year budget and the engineer's description of the property. Prices are the sponsor's original offering prices, not sales, and five amendments have been filed since. Updated October 2026.