Northern Tower Condominium
138-12 Northern Boulevard, Queens, NY 11354
Overview
- Units
- 34 residential · 1 parking · 3 commercial
- Subway
- 8 min walk to Flushing-Main St 7
- Developers
- First Property Investment LLC, CMK Realty LLC
- Average $/sf
- $1,095Homes in Schedule A, as first offered
- Offering price
- $29.4 million total
- Floor plans
- Pages 184–190 of the plan
The sponsor of record is Global City Development LLC, represented by Law Offices Of William X. Zou. The offering plan runs 328 pages. The sponsor has filed 2 amendments, the latest in June 2021. The nearest other condo plan on file is Northern Center Condominium, next door.
Plan CD200004 · New · accepted Aug 25, 2020 · AG record ↗
Compare
| Figure | This building1 | Golden Garden233 units · 0.6 miaccepted 2022 | Grand 147th354 units · 0.6 miaccepted 2021 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.59Above peers | $0.47 | $0.54 |
| Average Offering PricePer Apartment | $691,516In line | $663,292 | $759,167 |
| Average PricePer Square Foot | $1,095In line | $1,000 | $1,235 |
| Average Unit SizeSquare Feet | 631 SFIn line | 753 SF | 615 SF |
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Unit mix, closings, budgets, finishes and the team, against Golden Garden and Grand 147th, 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 closed71% of the homes in Schedule A | 24 of 34 |
| Closing prices vs. Schedule A24 homes: $14,532,546 at closing against $16,150,400 in Schedule A (p. 37, p. 38) | −10% |
| Average closing price24 homes, on their Schedule A square feet | $979 / SF |
| Closingsfirst and latest recorded | Jun 11, 2021 – Jun 15, 2026 |
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.
All 24 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 6D | Jun 11, 2021 | $720,921 | $853,000 p. 38 | −15.5% |
| 5C | Jun 21, 2021 | $834,965 | $867,000 p. 37 | −3.7% |
| 3E | Jun 22, 2021 | $545,782 | $548,000 p. 37 | −0.4% |
| 4F | Jun 23, 2021 | $506,999 | $530,000 p. 37 | −4.3% |
| 6C | Jun 24, 2021 | $728,049 | $867,000 p. 38 | −16% |
| 4E | Jun 28, 2021 | $591,603 | $593,000 p. 37 | −0.2% |
| 3D | Jul 14, 2021 | $549,651 | $550,200 p. 37 | −0.1% |
| 3H | Jul 16, 2021 | $456,300 | $498,950 p. 37 | −8.5% |
| 3F | Jul 28, 2021 | $580,403 | $585,000 p. 37 | −0.8% |
| 4D | Aug 6, 2021 | $554,946 | $570,950 p. 37 | −2.8% |
| 4B | Aug 23, 2021 | $436,020 | $483,000 p. 37 | −9.7% |
| 7B | Nov 30, 2021 | $646,589 | $663,000 p. 38 | −2.5% |
| 3B | Dec 14, 2021 | $451,230 | $478,000 p. 37 | −5.6% |
| 4C | Dec 14, 2021 | $659,317 | $663,000 p. 37 | −0.6% |
| 7D | Mar 25, 2022 | $796,272 | $796,000 p. 38 | +0% |
| 4H | Apr 20, 2022 | $443,500 | $472,000 p. 37 | −6% |
| 4G | Aug 8, 2023 | $620,000 | $713,800 p. 37 | −13.1% |
| 7C | Jan 10, 2025 | $748,000 | $855,000 p. 38 | −12.5% |
| 5B | Nov 24, 2025 | $660,000 | $768,650 p. 37 | −14.1% |
| 5D | Feb 11, 2026 | $600,000 | $838,000 p. 38 | −28.4% |
| 3C | Mar 20, 2026 | $639,000 | $701,250 p. 37 | −8.9% |
| 6B | Apr 29, 2026 | $595,000 | $763,650 p. 38 | −22.1% |
| 6A | May 5, 2026 | $550,000 | $752,400 p. 38 | −26.9% |
| 6F | Jun 15, 2026 | $618,000 | $739,550 p. 38 | −16.4% |
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
- Global City Development LLC
- Developers
- First Property Investment LLC, CMK Realty LLC
- Tax estimate
- Xiao Feng PanPrepared the first-year real estate tax projection
- Construction lender
- Lakeland Bank$10 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Northern Center Condominiumnext door · 127 units · 2024
- American-Chinese Towernext door · 30 units · 2006
- Fortune Tower Condominiumnext door · 8 units · 2 parking · 2003
- Northern Residences Condominiumnext door · 52 units · 2023
- Star First Condominiumnext door · 8 units · 2 parking · 2011
- Winson Plaza Condominium0.1 mi · 8 units · 2009