THE CONDO BOOK PROJECT

Northern

146-17 Northern Boulevard, Queens, NY 11354

Overview

Units
34 residential · 1 parking · 5 commercial
Subway
16 min walk to Flushing-Main St 7
Principals
Yong Chen, Weitao Shi
Offering price
$39.8 million total

The sponsor of record is 14615 Northern Blvd, LLC**, represented by Sichenzia Ross Ference LLP. The offering plan runs 373 pages. The sponsor has filed 3 amendments, the latest in October 2021. The nearest other condo plan on file is State Tower Condominium, next door.

Plan CD190370 · New · accepted Dec 22, 2020 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan34 of 34
Closingsfirst and latest recordedDec 20, 2021 – Mar 15, 2022

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 34 closings
HomeRecordedClosing priceSchedule ADifference
2ADec 20, 2021$711,757——
5CDec 21, 2021$740,403——
6EDec 23, 2021$733,140——
3CDec 28, 2021$712,775——
4AJan 4, 2022$710,739——
3AJan 11, 2022$725,458——
5BJan 18, 2022$580,403——
2FJan 19, 2022$476,580——
3EJan 19, 2022$692,410——
6GJan 20, 2022$515,000——
4EJan 21, 2022$728,049——
2EJan 24, 2022$814,600——
2GJan 25, 2022$529,490——
2BJan 26, 2022$466,440——
3BJan 27, 2022$491,790——
3GJan 27, 2022$474,552——
2DJan 28, 2022$514,216——
4GJan 28, 2022$502,843——
5FJan 28, 2022$456,300——
6CJan 28, 2022$717,866——
6DJan 28, 2022$519,308——
6FJan 28, 2022$456,300——
2CJan 31, 2022$771,834——
3DJan 31, 2022$501,930——
4BJan 31, 2022$560,038——
4FJan 31, 2022$424,574——
3FFeb 3, 2022$442,104——
4DFeb 3, 2022$495,846——
5DFeb 7, 2022$496,860——
6AFeb 14, 2022$1,087,491——
4CFeb 15, 2022$711,757——
5AFeb 17, 2022$741,286——
5GMar 3, 2022$453,238——
5EMar 15, 2022$728,049——

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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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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
14615 Northern Blvd, LLC**
Principals
Yong Chen, Weitao Shi
Tax estimate
Highpoint Incentive Inc.Prepared the first-year real estate tax projection
Construction lender
Dime Community Bank$13.3 million recorded

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

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