THE CONDO BOOK PROJECT

Century Tower Condominium

132-25 & 132-27 41st Road, Queens, NY 11355

Overview

Units
30 residential · 20 parking · 7 commercial
Subway
7 min walk to Flushing-Main St 7
Principals
Gina Young
Offering price
$34.2 million total $40.9 million when first offered

The sponsor of record is N.Y. Excelsior Development, LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 363 pages. The sponsor has filed 6 amendments, the latest in February 2025. The nearest other condo plan on file is Royal Plaza Condominium, next door.

Plan CD210022 · New · accepted Jan 21, 2022 · AG record ↗

Compare

FigureThis building142-80 Main239 units · 0.4 miaccepted 2023East West Plaza342 units · 0.2 miaccepted 2023
Average Offering PricePer Apartment$1.36MAbove peers$1.29M$965,863

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Unit mix, closings, budgets, finishes and the team, against 42-80 Main and East West Plaza, cited to the offering plans. No credit card required.

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How 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.

Closings Pro

Homes closed93% of the homes in the plan28 of 30
Closingsfirst and latest recordedJan 11, 2023 – Jan 7, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 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 28 closings
HomeRecordedClosing priceSchedule ADifference
5BJan 11, 2023$702,000——
8EJan 11, 2023$650,000——
4CFeb 6, 2023$626,224——
3DFeb 7, 2023$671,027——
2BFeb 8, 2023$844,805——
6AFeb 9, 2023$665,000——
8CFeb 9, 2023$630,000——
6DFeb 16, 2023$659,000——
3AFeb 27, 2023$620,000——
8DFeb 27, 2023$665,000——
3BMar 20, 2023$710,739——
7AMar 21, 2023$685,000——
8BMar 21, 2023$738,000——
6BMar 30, 2023$738,000——
6EMar 30, 2023$670,000——
7BApr 17, 2023$738,000——
7CApr 17, 2023$670,000——
7DMay 15, 2023$690,000——
2CMay 30, 2023$925,165——
4DMay 30, 2023$672,045——
3CJul 20, 2023$476,580——
3EAug 10, 2023$671,027——
4BDec 28, 2023$722,958——
6COct 31, 2024$672,045——
5CDec 19, 2024$666,954——
5AJan 7, 2026$655,000——
5DJan 7, 2026$655,000——
8AJan 7, 2026$600,000——

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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
N.Y. Excelsior Development, LLC
Principals
Gina Young
Tax estimate
Highpoint Incentive Inc.Prepared the first-year real estate tax projection

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

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