THE CONDO BOOK PROJECT

Lian Feng Condominium

147-12 Roosevelt Avenue, Queens, NY 11354

Overview

Units
11 residential · 9 parking
Subway
12 min walk to Flushing-Main St 7
Principals
Lin Li, Yao Wang
Average $/sf
$955Homes in Schedule A, as first offered
Common charges
$273–$1,485 a monthSponsor's first-year estimate in Schedule A, From July 1, 2023 to June 30, 2024
Offering price
$11.5 million total

The sponsor of record is Lian Feng International LLC, represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 276 pages. The sponsor has filed 2 amendments, the latest in April 2026. The nearest other condo plan on file is Roosevelt Plaza Condominium, next door.

Plan CD220075 · New · accepted Mar 22, 2023 · AG record ↗

Compare

FigureThis building13j210 units · 0.2 miaccepted 2023Barclay I Tower A/K/A Barclay I Plaza310 units · 0.3 miaccepted 2023
Common ChargesPer Square Foot / Month$0.47Lowest$0.69$0.67
Average Offering PricePer Apartment$846,350Above peers$680,000$815,800
Average PricePer Square Foot$955In line$946$1,270
Property TaxesPer Square Foot / Month$1.04Highest$0.51$0.58
Average Unit SizeSquare Feet886 SFLargest719 SF643 SF

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Unit mix, closings, budgets, finishes and the team, against 3j and Barclay I Tower A/K/A Barclay I Plaza, 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
Lian Feng International LLC
Principals
Lin Li, Yao Wang
Tax estimate
Thomas E. BerinatoPrepared the first-year real estate tax projection

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

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