THE CONDO BOOK PROJECT

132 Metro Condominium

132-47 Metropolitan Avenue, Queens, NY 11418

Overview

Units
33 residential · 1 commercial
Subway
2 min walk to Jamaica-Van Wyck ESutphin Blvd F, 10 min
Principals
Oleksandr Nad
Offering price
$24.4 million total

The sponsor of record is 132 Metro LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 393 pages. The sponsor has filed 1 amendment, the latest in June 2024. The nearest other condo plan on file is 141-16 84th Drive Condo, 0.5 mi away.

Plan CD230298 · New · accepted Mar 25, 2024 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan33 of 33
Closingsfirst and latest recordedAug 28, 2024 – Jul 1, 2025

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 34 closings
HomeRecordedClosing priceSchedule ADifference
8BAug 28, 2024$471,510——
3CSep 5, 2024$380,250——
4ESep 9, 2024$410,670——
6ASep 16, 2024$631,315——
4CSep 17, 2024$375,180——
5ESep 17, 2024$390,390——
4ASep 18, 2024$618,540——
4DSep 18, 2024$385,320——
7DSep 18, 2024$405,600——
5CSep 19, 2024$385,320——
6DSep 19, 2024$418,782——
7ESep 19, 2024$405,600——
8DSep 24, 2024$610,950——
3BSep 25, 2024$668,990——
5DSep 25, 2024$390,390——
6BSep 25, 2024$410,670——
5BSep 30, 2024$427,665——
7CSep 30, 2024$425,880——
6EOct 1, 2024$395,460——
3DOct 16, 2024$399,313——
6COct 21, 2024$395,460——
8COct 28, 2024$403,572——
5AOct 31, 2024$623,169——
6FOct 31, 2024$660,844——
3ENov 8, 2024$568,184——
4BNov 19, 2024$436,020——
C1Nov 19, 2024$2,388,481——
3ANov 21, 2024$722,958——
5FDec 4, 2024$541,709——
7AJan 6, 2025$645,348——
8AJan 22, 2025$641,498——
4FJan 27, 2025$605,859——
7BJun 23, 2025$349,830——
7FJul 1, 2025$610,950——

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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
132 Metro LLC
Principals
Oleksandr Nad
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$12.2 million recorded

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

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