THE CONDO BOOK PROJECT

East West Tower Condominium

142-38 37th Avenue, Queens, NY 11354

Overview

Units
88 residential · 15 parking · 15 commercial
Subway
7 min walk to Flushing-Main St 7
Offering price
$101.5 million total $98.5 million when first offered

The sponsor of record is East West Tower LLC, represented by Thomas E. Berinato, Attorney At Law. The sponsor has filed 4 amendments, the latest in August 2018. The nearest other condo plan on file is 37 Plaza Condominium, next door.

Plan CD160103 · New · accepted Feb 15, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan88 of 88
Closingsfirst and latest recordedJun 23, 2017 – Oct 30, 2019

Sales recorded with the Department of Finance (ACRIS) through Aug 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 103 closings
HomeRecordedClosing priceSchedule ADifference
7CJun 23, 2017$904,560——
7GJun 23, 2017$914,862——
7HJun 29, 2017$639,461——
6EJun 30, 2017$613,740——
6DJul 6, 2017$611,968——
9AJul 7, 2017$570,393——
9DJul 7, 2017$624,925——
12EJul 11, 2017$610,950——
8FJul 13, 2017$836,563——
8DJul 17, 2017$616,041——
6CJul 19, 2017$896,783——
5FJul 20, 2017$848,966——
4DJul 21, 2017$601,969——
12HJul 21, 2017$644,552——
13AJul 24, 2017$398,502——
3AJul 27, 2017$451,230——
5EJul 28, 2017$596,776——
10EJul 28, 2017$621,241——
11FJul 28, 2017$917,953——
7DAug 3, 2017$619,824——
4EAug 8, 2017$590,585——
13HAug 8, 2017$651,680——
8AAug 9, 2017$560,038——
13DAug 10, 2017$640,220——
4FAug 11, 2017$811,545——
8HAug 11, 2017$647,220——
10DAug 11, 2017$627,446——
10FAug 14, 2017$900,133——
5HAug 15, 2017$636,610——
7FAug 15, 2017$863,731——
9HAug 15, 2017$649,873——
8CAug 16, 2017$896,060——
10GAug 17, 2017$946,973——
3BAug 18, 2017$650,662——
3EAug 22, 2017$405,600——
3HAug 22, 2017$405,600——
6HAug 22, 2017$641,498——
12AAug 22, 2017$553,419——
11DAug 23, 2017$629,279——
4AAug 24, 2017$532,545——
6AAug 24, 2017$549,855——
7AAug 25, 2017$549,855——
4HAug 28, 2017$626,000——
11HAug 29, 2017$654,735——
2EAug 30, 2017$1,627,795——
5DAug 30, 2017$611,968——
11ESep 1, 2017$621,133——
1GSep 5, 2017$2,654,182one deed, 2 homes——
10BSep 6, 2017$944,936one deed, 2 homes——
11ASep 7, 2017$549,855——
4GSep 8, 2017$839,547——
10HSep 8, 2017$651,476——
5GSep 11, 2017$896,060——
8GSep 19, 2017$931,943——
12FSep 20, 2017$911,334——
12DSep 21, 2017$632,537——
9CSep 22, 2017$800,000——
10ASep 25, 2017$545,782——
5ASep 27, 2017$544,764——
6FSep 27, 2017$812,564——
7BOct 3, 2017$776,925——
9GOct 4, 2017$936,790——
1AOct 6, 2017$1,516,800one deed, 2 homes——
1BOct 6, 2017$1,854,000——
9FOct 18, 2017$834,965——
8EOct 27, 2017$589,303——
12GOct 27, 2017$970,392——
6GOct 31, 2017$914,389——
6BNov 3, 2017$880,786——
7ENov 16, 2017$509,340——
13FNov 29, 2017$894,024——
9EDec 18, 2017$616,194——
11CDec 20, 2017$300,000one deed, 2 homes——
12BDec 22, 2017$300,000one deed, 2 homes——
12CDec 22, 2017$300,000——
13CDec 22, 2017$300,000one deed, 2 homes——
13GDec 22, 2017$300,000one deed, 2 homes——
9BJan 3, 2018$914,389——
2GFeb 2, 2018$1,208,483——
10CFeb 22, 2018$963,265——
5CMar 5, 2018$885,878——
2FMar 16, 2018$1,720,518——
2CMar 22, 2018$2,132,618one deed, 2 homes——
2DMar 22, 2018$2,132,618one deed, 2 homes——
2HMar 27, 2018$1,442,350——
5BJun 5, 2018$871,576——
3GJun 11, 2018$931,699——
8BJun 12, 2018$875,695——
2AJun 26, 2018$1,604,099one deed, 2 homes——
2BJun 26, 2018$1,503,135——
4CSep 24, 2018$865,513——
1DNov 16, 2018$1,263,499——
4BDec 4, 2018$860,421——
11BJan 10, 2019$300,000——
11GJan 10, 2019$769,854——
13EJan 10, 2019$457,139——
1FFeb 15, 2019$1,421,745——
3DMar 25, 2019$482,512——
3FMar 26, 2019$900,604——
3CJun 27, 2019$420,488——
13BJun 27, 2019$300,000——
1ESep 3, 2019$978,738——
1COct 30, 2019$1,225,998one deed, 4 homes——

Pro

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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Team

Sponsor
East West Tower LLC
Construction lender
Cathay BankLender on the mortgage and building loan agreement recorded June 2015 in ACRIS; $26 million recorded

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

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