Madison Palace
1716 Madison Street, Queens, NY 11385
Overview
- Units
- 6 residential · 4 storage
- Subway
- 3 min walk to Seneca Av MMyrtle-Wyckoff Avs L M, 5 min
- Developer
- Tri State Family Ventures LLC
- Principals
- Lazer Herman
- Average $/sf
- $963Homes in Schedule A, as first offered
- Offering price
- $4.94 million total
- Floor plans
- Pages 150–153 of the plan
The sponsor of record is 1716 Madison LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 311 pages. The sponsor has filed 1 amendment, the latest in September 2026. The nearest other condo plan on file is Yau Sin Condominium, next door.
Plan CD260030 · Rehab · accepted Aug 13, 2026 · AG record ↗
Compare
| Figure | This building1 | 60-64 Catalpa26 units · 0.5 miaccepted 2026 | 1811 Menahan36 units · 0.3 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.39Lowest | $0.50 | $0.94 |
| Average Offering PricePer Apartment | $800,000In line | $845,000 | $733,333 |
| Average PricePer Square Foot | $963Lowest | $1,158 | $1,174 |
| Average Unit SizeSquare Feet | 831 SFLarger | 730 SF | 625 SF |
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Unit mix, closings, budgets, finishes and the team, against 60-64 Catalpa and 1811 Menahan, cited to the offering plans. No credit card required.
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- 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
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
- 1716 Madison LLC
- Developer
- Tri State Family Ventures LLC
- Principals
- Lazer Herman
- Tax estimate
- RE Tax ServicePrepared the first-year real estate tax projection
- Construction lender
- Webster Business Credit
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Yau Sin Condominiumnext door · 17 units · 2001
- Cypress Horizon Condominium0.1 mi · 19 units · 3 parking · 2008
- 1647 Hancock Street Condominium0.2 mi · 3 units
- 16-24 Jefferson Avenue Condominium0.2 mi · 6 units · 4 parking · 2024
- Gates Tower Condominium0.2 mi · 24 units · 15 parking · 2010
- 18-93 Cornelia Street Condominium0.2 mi · 6 units · 2017