44th Drive Condominium
21-10 44th Drive, Queens, NY 11101
Overview
- Units
- 22 residential · 11 storage · 1 commercial
- Subway
- 1 min walk to Court Sq-23 St 7 E F G M21 St G, 5 min
- Principals
- Leonid Rakhlis
- Offering price
- $21.9 million total $20.9 million when first offered
- Floor plans
- Page 3 of the plan
The sponsor of record is Impex Builders LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 295 pages. The sponsor has filed 16 amendments, the latest in October 2018. The nearest other condo plan on file is Enzo Lic Condominium, next door.
Plan CD160297 · New · accepted Nov 21, 2016 · AG record ↗
Compare
| Figure | This building1 | Monarch221 units · 0.5 miaccepted 2016 | Corner At Eleven322 units · 0.3 miaccepted 2015 |
|---|---|---|---|
| Average Offering PricePer Apartment | $950,045In line | $1.03M | $923,182 |
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Unit mix, closings, budgets, finishes and the team, against Monarch and Corner At Eleven, 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.
Closings Pro
| Homes closed100% of the homes in the plan | 22 of 22 |
| Closingsfirst and latest recorded | Feb 1, 2018 – Mar 18, 2025 |
Sales recorded with the Department of Finance (ACRIS) through May 31, 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 23 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| PHA | Feb 1, 2018 | $1,476,463 | — | — |
| 4D | Feb 5, 2018 | $758,596 | — | — |
| 3B | Feb 6, 2018 | $733,140 | — | — |
| 4B | Feb 6, 2018 | $753,505 | — | — |
| 2C | Feb 8, 2018 | $809,509 | — | — |
| 3C | Feb 12, 2018 | $723,976 | — | — |
| 4A | Feb 14, 2018 | $758,596 | — | — |
| 2D | Feb 15, 2018 | $815,618 | — | — |
| 4C | Feb 15, 2018 | $748,414 | — | — |
| 2B | Feb 21, 2018 | $722,958 | — | — |
| 3A | Feb 21, 2018 | $738,231 | — | — |
| 3D | Feb 21, 2018 | $709,720 | — | — |
| 6B | Feb 26, 2018 | $789,144 | — | — |
| PHD | Mar 30, 2018 | $1,221,900 | — | — |
| 5A | May 1, 2018 | $768,779 | — | — |
| 6A | May 4, 2018 | $794,235 | — | — |
| PHB | May 7, 2018 | $1,272,813 | — | — |
| 5B | Jun 8, 2018 | $768,779 | — | — |
| 2A | Jul 6, 2018 | $728,049 | — | — |
| 6C | Sep 24, 2018 | $1,541,000 | — | — |
| 5C | Dec 27, 2018 | $1,573,196 | — | — |
| PHC | Jan 23, 2019 | $1,308,451 | — | — |
| C1 | Mar 18, 2025 | $337,916 | — | — |
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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.
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
- Impex Builders LLC
- Principals
- Leonid Rakhlis
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Valley National Bank$9.9 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Enzo Lic Condominiumnext door · 22 units · 2024
- Corte Condominiumnext door · 85 units · 20 parking · 2018
- Industry Lic Condominiumnext door · 76 units · 16 parking · 2010
- 21-23 45th Road Condominiumnext door · 1 units · 2015
- Liv @ Murray Park Northnext door · 39 units · 20 parking · 2014
- Skyline 8 Condominiumnext door · 113 units · 23 parking · 2026