Shangri-La Condominium
132-15 41st Avenue, Queens, NY 11354
Overview
- Units
- 23 residential · 12 parking · 8 commercial
- Subway
- 6 min walk to Flushing-Main St 7
- Principals
- Shun-Qian Liu, Li Yi Wu
- Average $/sf
- $818Homes in Schedule A, as first offered
- Common charges
- $74–$284 a monthSponsor's first-year estimate in Schedule A, January 1, 2015 - December 31, 2015
- Offering price
- $21 million total $22.4 million when first offered
- Floor plans
- Page 20 of the plan
The sponsor of record is Flushing Manor Realty, LLC, represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 281 pages. The sponsor has filed 2 amendments, the latest in March 2015. The nearest other condo plan on file is College Point Green Villa Condominium, next door.
Plan CD140090 · New · accepted Oct 15, 2014 · AG record ↗
Compare
| Figure | This building1 | Queens Mansion230 units · 2.8 miaccepted 2013 | Dongan Tower335 units · 2.9 miaccepted 2016 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.30Highest | $0.15 | $0.26 |
| Average Offering PricePer Apartment | $611,011Above peers | $505,727 | $551,595 |
| Average PricePer Square Foot | $818Highest | $512 | $499 |
| Average Unit SizeSquare Feet | 747 SFSmallest | 987 SF | 1,105 SF |
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Unit mix, closings, budgets, finishes and the team, against Queens Mansion and Dongan 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 closed100% of the homes in Schedule A | 29 of 29 |
| Closing prices vs. Schedule A27 homes: $14,008,027 at closing against $16,010,970 in Schedule A (p. 30) | −12.5% |
| Average closing price27 homes, on their Schedule A square feet | $717 / SF |
| Closingsfirst and latest recorded | Jan 23, 2015 – Oct 8, 2015 |
Sales recorded with the Department of Finance (ACRIS) through Jan 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 30 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3B | Jan 23, 2015 | $322,452 | $444,800 p. 30 | −27.5% |
| 5A | Jan 26, 2015 | $317,382 | $496,530 p. 30 | −36.1% |
| 4A | Jan 28, 2015 | $395,460 | $490,400 p. 30 | −19.4% |
| 2D | Jan 30, 2015 | $1,071,460 | $1,063,920 p. 30 | +0.7% |
| 2A | Feb 2, 2015 | $994,191 | $966,450 p. 30 | +2.9% |
| 6B | Feb 2, 2015 | $478,608 | $475,600 p. 30 | +0.6% |
| 6D | Feb 2, 2015 | $722,958 | $692,900 p. 30 | +4.3% |
| 4B | Feb 11, 2015 | $507,000 | $444,800 p. 30 | +14% |
| 5D | Feb 13, 2015 | $438,048 | $434,160 p. 30 | +0.9% |
| 3E | Mar 3, 2015 | $636,406 | $675,200 p. 30 | −5.7% |
| 1A | Mar 11, 2015 | $533,618 | $474,300 p. 30 | +12.5% |
| 1B | Mar 11, 2015 | $1,011,552 | $1,134,900 p. 30 | −10.9% |
| 3D | Mar 12, 2015 | $415,740 | $428,800 p. 30 | −3% |
| 4D | Mar 19, 2015 | $436,020 | $428,800 p. 30 | +1.7% |
| 6C | Mar 26, 2015 | $444,132 | $438,700 p. 30 | +1.2% |
| 4E | Apr 8, 2015 | $621,133 | $675,200 p. 30 | −8% |
| 4C | Apr 9, 2015 | $436,020 | $465,600 p. 30 | −6.4% |
| 5C | Apr 17, 2015 | $539,673 | $471,420 p. 30 | +14.5% |
| 2B | Apr 21, 2015 | $1,699,913one deed, 2 homes | $655,350 p. 30 | — |
| 2C | Apr 21, 2015 | $1,699,913one deed, 2 homes | $1,053,000 p. 30 | — |
| 3C | Apr 27, 2015 | $466,440 | $465,600 p. 30 | +0.2% |
| 6A | Apr 27, 2015 | $641,498 | $654,300 p. 30 | −2% |
| 5B | May 21, 2015 | $456,300 | $450,360 p. 30 | +1.3% |
| 5E | May 21, 2015 | $641,498 | $683,640 p. 30 | −6.2% |
| 4F | Jun 8, 2015 | $304,200 | $655,200 p. 30 | −53.6% |
| 3A | Jul 6, 2015 | $304,200 | $490,400 p. 30 | −38% |
| 5F | Jul 10, 2015 | $304,200 | $663,390 p. 30 | −54.1% |
| 6E | Sep 3, 2015 | $202,800 | $590,400 p. 30 | −65.7% |
| 3F | Sep 18, 2015 | $365,040 | $655,200 p. 30 | −44.3% |
| CC | Oct 8, 2015 | $862,319 | — | — |
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
- Flushing Manor Realty, LLC
- Principals
- Shun-Qian Liu, Li Yi Wu
- Construction lender
- Pnc Bank
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- College Point Green Villa Condominiumnext door · 11 units · 1 parking · 2011
- Tenson Condominiumnext door · 7 units · 2005
- 132-25 41st Avenue Condominiumnext door · 8 units · 2025
- Cosmos Condominiumnext door · 6 units · 2002
- College Tower Condominiumnext door · 47 units · 2003
- Ryojusen Condominiumnext door · 7 units · 2008