THE CONDO BOOK PROJECT

One Sixteen Condominium

133 Beach 116th Street And 150 Beach 117th St, Queens, NY 11694

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Overview

Units
86 residential · 17 storage
Subway
4 min walk to Rockaway Park-Beach 116 St A SBeach 105 St A S, 15 min
Developers
Emerald Equity Group, The Marcal Group
Principals
Mark Caller, Issac Kassirer
Offering price
$61 million total

The sponsor of record is Beach 116 Associates LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 477 pages. The sponsor has filed 12 amendments, the latest in November 2025. The nearest other condo plan on file is Ocean Grande Condominium, next door.

Plan CD180140 · New · accepted Aug 22, 2018 · AG record ↗

Closings Pro

Homes closed0 of 0

Sales recorded with the Department of Finance (ACRIS) through Jul 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.

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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
Beach 116 Associates LLC
Developers
Emerald Equity Group, The Marcal Group
Principals
Mark Caller, Issac Kassirer
Tax estimate
Podell, Schwartz, Schechter & Banfield, LLPPrepared the first-year real estate tax projection
Construction lender
Bank LeumiLender on the mortgage and building loan agreement recorded January 2019 in ACRIS; $30.1 million recorded

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

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