Urban Garden Manor Condominium
14-11 31st Avenue, Queens, NY 11106
Overview
- Units
- 10 residential
- Subway
- 14 min walk to Broadway N W30 Av N W, 14 min
- Principals
- Andrew Magriples, James Magriples
- Offering price
- $7.05 million total $6.94 million when first offered
- Floor plans
- Page 5 of the plan
The sponsor of record is Nema-1 Realty LLC / Magnum 1 Realty LLC **, represented by Tsoromokos & Papadopoulos, Pllc. The offering plan runs 379 pages. The sponsor has filed 1 amendment, the latest in December 2021. The nearest other condo plan on file is Millo, next door.
Plan CD200094 · New · accepted Aug 6, 2020 · AG record ↗
Compare
| Figure | This building1 | Alta210 units · 0.4 miaccepted 2020 | Vitoria 17310 units · 0.6 miaccepted 2021 |
|---|---|---|---|
| Average Offering PricePer Apartment | $693,840In line | $831,171 | $618,830 |
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See the Full Comp
Unit mix, closings, budgets, finishes and the team, against Alta and Vitoria 17, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.
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- 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.
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Closings Pro
| Homes closed100% of the homes in the plan | 10 of 10 |
| Closingsfirst and latest recorded | Apr 12, 2022 – Dec 13, 2022 |
Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2024: 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 10 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4F | Apr 12, 2022 | $655,000 | — | — |
| 4R | Apr 12, 2022 | $650,000 | — | — |
| 5R | Apr 13, 2022 | $685,000one deed, 2 homes | — | — |
| 1R | Apr 14, 2022 | $435,000 | — | — |
| 3R | May 12, 2022 | $625,000 | — | — |
| 3F | May 13, 2022 | $625,000 | — | — |
| 2F | May 27, 2022 | $634,370 | — | — |
| 1F | May 31, 2022 | $395,460one deed, 2 homes | — | — |
| 5F | Jun 29, 2022 | $545,000 | — | — |
| 2R | Dec 13, 2022 | $630,043 | — | — |
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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page, here and in ChatGPT or Claude.
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
- Nema-1 Realty LLC / Magnum 1 Realty LLC **
- Principals
- Andrew Magriples, James Magriples
- Tax estimate
- Astro Realty Brokerage LLCPrepared the first-year real estate tax projection
- Construction lender
- Sussex Bank$8.04 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Millonext door · 64 units · 33 parking · 2020
- 14forty Condominiumnext door · 6 units · 2022
- Citiview Condos @ Licnext door · 10 units · 2007
- 14-38 31st Road Condominiumnext door · 2 units · 2020
- Centennial Astoria Condominiumnext door · 45 units · 23 parking · 2019
- Sunrich Tower Condominiumnext door · 24 units · 4 parking · 2023