THE CONDO BOOK PROJECT

Parkview Mansion Condominium

131-19 Fowler Avenue, Queens, NY 11355

Overview

Units
29 residential · 3 parking · 1 commercial
Subway
15 min walk to Flushing-Main St 7Mets-Willets Point 7, 16 min
Developer
Stratton Arms Holding LLC
Principals
Jun Xu
Offering price
$23.4 million total

The sponsor of record is Fowler Develop LLC, represented by Lan & Associates, P.C.. The offering plan runs 287 pages. The sponsor has filed 2 amendments, the latest in February 2024. The nearest other condo plan on file is Parkview Condominium, next door.

Plan CD210215 · New · accepted May 30, 2023 · AG record ↗

Closings Pro

Homes closed69% of the homes in the plan20 of 29
Closingsfirst and latest recordedAug 13, 2024 – Dec 5, 2025

Sales recorded with the Department of Finance (ACRIS) through May 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 20 closings
HomeRecordedClosing priceSchedule ADifference
1CAug 13, 2024$309,270——
7DAug 15, 2024$569,684——
1BAug 19, 2024$462,384——
2DAug 21, 2024$486,720——
2CAug 27, 2024$559,936——
4DAug 27, 2024$473,538——
4CSep 9, 2024$689,864——
4ASep 12, 2024$496,860——
5CSep 12, 2024$717,866——
6DSep 23, 2024$558,001——
3BOct 2, 2024$740,750——
3DOct 2, 2024$529,490——
3COct 22, 2024$661,863——
5DOct 30, 2024$486,720——
7ANov 4, 2024$592,385——
3ANov 6, 2024$488,220——
5ANov 12, 2024$566,147——
6ANov 27, 2024$590,585——
4BDec 12, 2024$773,415——
7CDec 5, 2025$820,710——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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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
Fowler Develop LLC
Developer
Stratton Arms Holding LLC
Principals
Jun Xu
Tax estimate
SJP Tax Consultants Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$11 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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