14forty Condominium
14-40 31st Avenue, Queens, NY 11106
Overview
- Units
- 6 residential
- Subway
- 12 min walk to Broadway N W30 Av N W, 13 min
- Principals
- Constantine Ctorides, Luis Perez
- Offering price
- $4.39 million total $4.75 million when first offered
- Floor plans
- Page 5 of the plan
The sponsor of record is 14-40 31st Avenue LLC, represented by Tsoromokos & Papadopoulos, Pllc. The offering plan runs 395 pages. The sponsor has filed 4 amendments, the latest in June 2023. The nearest other condo plan on file is Sunrich Tower Condominium, next door.
Plan CD210243 · New · accepted Jun 17, 2022 · AG record ↗
Compare
| Figure | This building1 | Willow27 units · 0.5 miaccepted 2022 | 23-05 24th37 units · 0.8 miaccepted 2022 |
|---|---|---|---|
| Average Offering PricePer Apartment | $791,667In line | $728,929 | $870,857 |
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Unit mix, closings, budgets, finishes and the team, against Willow and 23-05 24th, cited to the offering plans. No credit card required.
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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.
Closings Pro
| Homes closed100% of the homes in the plan | 6 of 6 |
| Closingsfirst and latest recorded | Mar 27, 2023 – Sep 8, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2025: 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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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
- 14-40 31st Avenue LLC
- Principals
- Constantine Ctorides, Luis Perez
- Tax estimate
- Astro Realty Brokerage LLCPrepared the first-year real estate tax projection
- Construction lender
- Astoria Broadway$1.9 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Sunrich Tower Condominiumnext door · 24 units · 4 parking · 2023
- Millonext door · 64 units · 33 parking · 2020
- Oasis Astoria Condominiumnext door · 52 units · 9 parking · 2024
- Centennial Astoria Condominiumnext door · 45 units · 23 parking · 2019
- 14-38 31st Road Condominiumnext door · 2 units · 2020
- Urban Garden Manor Condominiumnext door · 10 units · 2020