THE CONDO BOOK PROJECT

14-43 28th Avenue Condominium

14-43 28th Street, Queens, NY 11105

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Overview

Units
38 residential · 19 parking
Subway
11 min walk to 30 Av N WAstoria Blvd N W, 12 min
Principals
Hany Arnut, Shibber A. Khan
Offering price
$12.3 million total

The sponsor of record is 14-47 Associates, LLC, represented by Edward Lukashok, Esq.. The offering plan runs 200 pages. The sponsor has filed 2 amendments, the latest in August 2005. The nearest other condo plan on file is Amity 28 Condominium, next door.

Plan CD040439 · New · accepted Apr 8, 2005 · AG record ↗

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FigureThis building123-23230 units · 0.3 miaccepted 2007View 59339 units · 1.6 miaccepted 2006
Average Offering PricePer Apartment$323,289Lowest$400,567$613,205

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Unit mix, closings, budgets, finishes and the team, against 23-23 and View 59, cited to the offering plans. No credit card required.

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How 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.

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
14-47 Associates, LLC
Principals
Hany Arnut, Shibber A. Khan
Tax estimate
Astro RealtyPrepared the first-year real estate tax projection

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

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