Murray Hill Condominium
150-23 Barclay Avenue, Queens, NY 11355
Overview
- Units
- 21 residential · 1 parking · 4 commercial
- Subway
- 20 min walk to Flushing-Main St 7
- Principals
- Mengfei Song, Terence Cheng
- Average $/sf
- $1,191Homes in Schedule A, as first offered
- Common charges
- $216–$473 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 to December 31, 2024
- Offering price
- $32.9 million total $31.8 million when first offered
- Floor plans
- Pages 188–189 of the plan
The sponsor of record is Forever 99 Holdings LLC, represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 314 pages. The sponsor has filed 2 amendments, the latest in November 2024. The nearest other condo plan on file is Barclay I Tower A/K/A Barclay I Plaza, next door.
Plan CD230088 · New · accepted Nov 29, 2023 · AG record ↗
Compare
| Figure | This building1 | Cherry Plaza225 units · 0.7 miaccepted 2023 | Ying City Plaza334 units · 0.6 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.49In line | $0.59 | $0.41 |
| Average Offering PricePer Apartment | $683,952Above peers | $599,800 | $612,088 |
| Average PricePer Square Foot | $1,191Highest | $1,028 | $1,000 |
| Property TaxesPer Square Foot / Month | $0.68Highest | $0.48 | $0.44 |
| Average Unit SizeSquare Feet | 574 SFSmaller | 583 SF | 612 SF |
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Unit mix, closings, budgets, finishes and the team, against Cherry Plaza and Ying City Plaza, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed81% of the homes in Schedule A | 17 of 21 |
| Closing prices vs. Schedule A17 homes: $8,764,241 at closing against $10,867,000 in Schedule A (p. 37) | −19.3% |
| Average closing price17 homes, on their Schedule A square feet | $957 / SF |
| Closingsfirst and latest recorded | Jan 22, 2024 – Feb 12, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Jun 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 17 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3B | Jan 22, 2024 | $481,650 | $582,000 p. 37 | −17.2% |
| 5B | Dec 23, 2024 | $486,720 | $599,000 p. 37 | −18.7% |
| 3E | Dec 27, 2024 | $486,720 | $605,000 p. 37 | −19.6% |
| 3G | Dec 27, 2024 | $474,700 | $580,000 p. 37 | −18.2% |
| 4C | Jan 3, 2025 | $757,138 | $899,000 p. 37 | −15.8% |
| 3F | Jan 8, 2025 | $405,600 | $545,000 p. 37 | −25.6% |
| 4E | Jan 16, 2025 | $496,860 | $605,000 p. 37 | −17.9% |
| 3A | Jan 23, 2025 | $472,680 | $570,000 p. 37 | −17.1% |
| 4G | Feb 6, 2025 | $464,600 | $590,000 p. 37 | −21.3% |
| 5C | Feb 6, 2025 | $885,878 | $1,150,000 p. 37 | −23% |
| 4F | Mar 31, 2025 | $410,670 | $555,000 p. 37 | −26% |
| 5A | Mar 31, 2025 | $466,440 | $590,000 p. 37 | −20.9% |
| 4A | May 8, 2025 | $473,336 | $580,000 p. 37 | −18.4% |
| 4D | Jun 23, 2025 | $636,406 | $775,000 p. 37 | −17.9% |
| 4H | Sep 19, 2025 | $456,300 | $525,000 p. 37 | −13.1% |
| 4B | Sep 30, 2025 | $479,622 | $592,000 p. 37 | −19% |
| 3H | Feb 12, 2026 | $428,922 | $525,000 p. 37 | −18.3% |
Pro
Closings are for subscribers
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
- Forever 99 Holdings LLC
- Principals
- Mengfei Song, Terence Cheng
- Tax estimate
- Thomas E. BerinatoPrepared the first-year real estate tax projection
- Construction lender
- Cathay Bank$15 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Barclay I Tower A/K/A Barclay I Plazanext door · 10 units · 10 parking · 2023
- Barclay 150 Condominiumnext door · 6 units · 4 parking · 2015
- Yucheng Condominium0.1 mi · 9 units · 8 parking · 2004
- Forever Mansion Condominium0.1 mi · 6 units · 6 parking · 2017
- U-Build Garden Condominium0.1 mi · 6 units · 5 parking · 2018
- 150-02 Northern Boulevard Condominium0.2 mi · 39 units · 1 parking · 2025