THE CONDO BOOK PROJECT

Sophie Condominium

20-08 Steinway Street, Queens, NY 11105

Overview

Units
24 residential · 16 parking
Subway
15 min walk to Astoria-Ditmars Blvd N WAstoria Blvd N W, 20 min
Principals
Fuhao Yang
Average $/sf
$1,123Homes in Schedule A, as first offered
Offering price
$20.6 million total

The sponsor of record is 2008 Steinway, LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 365 pages. The sponsor has filed 4 amendments, the latest in June 2026. The nearest other condo plan on file is 19-79 38th Street, next door.

Plan CD240060 · New · accepted Sep 27, 2024 · AG record ↗

Compare

FigureThis building1Frame Astoria220 units · 1.5 miaccepted 202425-25 31st312 units · 1.4 miaccepted 2024
Common ChargesPer Square Foot / Month$0.66Below peers$0.68$0.86
Average Offering PricePer Apartment$806,667Below peers$849,536$887,833
Average PricePer Square Foot$1,123Below peers$1,280$1,187
Average Unit SizeSquare Feet718 SFIn line664 SF748 SF

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Unit mix, closings, budgets, finishes and the team, against Frame Astoria and 25-25 31st, 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.

Closings Pro

Homes closed58% of the homes in Schedule A14 of 24
Closing prices vs. Schedule A14 homes: $9,729,913 at closing against $10,287,000 in Schedule A (p. 51, p. 52)−5.4%
Average closing price14 homes, on their Schedule A square feet$1,067 / SF
Closingsfirst and latest recordedMay 22, 2025 – Aug 4, 2026

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 14 closings
HomeRecordedClosing priceSchedule ADifference
201May 22, 2025$1,030,000$1,060,000 p. 51−2.8%
301Jun 13, 2025$999,000$1,075,000 p. 51−7.1%
306Jun 16, 2025$668,020$665,000 p. 51+0.5%
403Jul 2, 2025$685,000$695,000 p. 52−1.4%
206Sep 17, 2025$585,494$650,000 p. 51−9.9%
407Oct 24, 2025$538,350$555,000 p. 52−3%
303Nov 6, 2025$674,082$685,000 p. 51−1.6%
302Dec 19, 2025$563,092$580,000 p. 51−2.9%
208Dec 30, 2025$612,987$678,000 p. 51−9.6%
202Feb 4, 2026$560,038$565,000 p. 51−0.9%
405Feb 23, 2026$978,851$1,125,000 p. 52−13%
307Apr 16, 2026$540,000$545,000 p. 51−0.9%
304Jun 17, 2026$645,000$699,000 p. 51−7.7%
404Aug 4, 2026$650,000$710,000 p. 52−8.5%

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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
2008 Steinway, LLC
Principals
Fuhao Yang
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Ponce Bank$9.55 million recorded

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

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