THE CONDO BOOK PROJECT

Union Turnpike Mansion Condominium

158-15 Union Turnpike, Queens, NY 11367

Overview

Units
51 residential · 37 parking · 4 commercial
Subway
21 min walk to Parsons Blvd FBriarwood E F, 24 min
Principals
Hui Chen, Feng Jin Wang, Zhu Mei Chen
Offering price
$50.9 million total $49 million when first offered

The sponsor of record is Union Turnpike Mansion LLC, represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 301 pages. The sponsor has filed 3 amendments, the latest in June 2019. The nearest other condo plan on file is Parsons Manor Condominium, next door.

Plan CD170125 · New · accepted Dec 20, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan51 of 51
Closingsfirst and latest recordedJun 13, 2018 – Nov 21, 2019

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 52 closings
HomeRecordedClosing priceSchedule ADifference
204NJun 13, 2018$455,286——
2BJun 15, 2018$687,319——
2CJul 9, 2018$490,000——
3EJul 13, 2018$539,673——
206NJul 13, 2018$641,498one deed, 2 homes——
2DJul 23, 2018$474,552——
2EJul 23, 2018$551,841——
411NJul 23, 2018$504,972——
302NJul 24, 2018$476,580one deed, 2 homes——
304NJul 25, 2018$463,398——
307NJul 27, 2018$452,997——
409NJul 27, 2018$593,640one deed, 2 homes——
211NJul 30, 2018$446,971——
301NJul 30, 2018$534,581——
401NJul 31, 2018$541,709——
3AAug 3, 2018$490,776——
3DAug 6, 2018$456,300——
4EAug 6, 2018$539,673——
209NAug 7, 2018$590,585one deed, 2 homes——
408NAug 8, 2018$722,958one deed, 2 homes——
305NAug 13, 2018$707,684one deed, 2 homes——
402NAug 20, 2018$549,855——
2AAug 24, 2018$466,440——
207NAug 24, 2018$460,863——
4CAug 28, 2018$476,580——
406NAug 28, 2018$612,987——
2FSep 7, 2018$763,000——
205NSep 10, 2018$621,133——
309NSep 10, 2018$534,581——
407NSep 11, 2018$468,468——
201NSep 13, 2018$595,676one deed, 2 homes——
4DSep 14, 2018$519,308one deed, 2 homes——
203NSep 14, 2018$568,184——
405NSep 17, 2018$650,662——
208NSep 19, 2018$651,680——
311NSep 24, 2018$431,000——
404NSep 28, 2018$468,468——
306NOct 11, 2018$743,323one deed, 2 homes——
202NOct 12, 2018$380,250——
4AOct 30, 2018$490,776——
210NNov 5, 2018$686,127one deed, 2 homes——
308NNov 16, 2018$661,863——
403NNov 27, 2018$584,476——
3CJan 31, 2019$516,568——
303NFeb 11, 2019$578,173——
4BMay 3, 2019$634,370——
4FMay 13, 2019$661,863——
CMay 21, 2019$1,396,957——
310NJun 27, 2019$590,585one deed, 2 homes——
410NJul 22, 2019$544,764——
3BNov 21, 2019$304,200——
3FNov 21, 2019$304,200——

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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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
Union Turnpike Mansion LLC
Principals
Hui Chen, Feng Jin Wang, Zhu Mei Chen
Tax estimate
Thomas E. BerinatoPrepared the first-year real estate tax projection
Construction lender
Cathay Bank

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

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