THE CONDO BOOK PROJECT

Verona Condominium

21-17 31st Avenue, Queens, NY 11106

Overview

Units
56 residential · 28 parking · 55 storage
Subway
11 min walk to Broadway N W30 Av N W, 11 min
Offering price
$45.2 million total

The sponsor of record is 31st Avenue Associates LLC, represented by Albanese & Albanese LLP. The sponsor has filed 5 amendments, the latest in October 2018. The nearest other condo plan on file is Sterling Tower Condominium, next door.

Plan CD160417 · New · accepted May 24, 2017 · AG record ↗

Closings Pro

Homes closed98% of the homes in the plan55 of 56
Closingsfirst and latest recordedApr 23, 2018 – Jul 30, 2021

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 55 closings
HomeRecordedClosing priceSchedule ADifference
3DApr 23, 2018$689,610——
PHFApr 24, 2018$857,876——
6CApr 25, 2018$805,334one deed, 2 homes——
PRK26Apr 25, 2018$805,334one deed, 2 homes——
4AApr 26, 2018$815,000one deed, 2 homes——
PRK13Apr 26, 2018$815,000one deed, 2 homes——
2FApr 27, 2018$523,018——
5HApr 30, 2018$829,874one deed, 2 homes——
PRK21Apr 30, 2018$829,874one deed, 2 homes——
4HMay 2, 2018$762,669——
5FMay 3, 2018$677,910——
4GMay 4, 2018$760,042one deed, 2 homes——
PRK17May 4, 2018$760,042one deed, 2 homes——
5GMay 7, 2018$763,973one deed, 2 homes——
PRK28May 7, 2018$763,973one deed, 2 homes——
3FMay 10, 2018$671,719——
3GMay 11, 2018$702,655——
4DMay 11, 2018$752,030one deed, 2 homes——
PRK27May 11, 2018$752,030one deed, 2 homes——
4JMay 14, 2018$849,181one deed, 2 homes——
5DMay 14, 2018$741,133one deed, 2 homes——
6GMay 14, 2018$725,321——
PHDMay 14, 2018$1,058,980one deed, 2 homes——
PRK15May 14, 2018$741,133one deed, 2 homes——
PRK22May 14, 2018$849,181one deed, 2 homes——
PRK25May 14, 2018$1,058,980one deed, 2 homes——
2DMay 15, 2018$711,655one deed, 2 homes——
2HMay 15, 2018$689,702——
PRK14May 15, 2018$711,655one deed, 2 homes——
2EMay 16, 2018$523,484——
4FMay 17, 2018$677,911——
PHGMay 18, 2018$972,429one deed, 2 homes——
PRK18May 18, 2018$972,429one deed, 2 homes——
6EMay 21, 2018$874,677——
5JMay 24, 2018$834,965——
6FMay 30, 2018$693,388——
PHAJun 5, 2018$875,695one deed, 2 homes——
PRK7Jun 5, 2018$875,695one deed, 2 homes——
2GJun 7, 2018$706,666one deed, 2 homes——
6JJun 7, 2018$860,421——
PRK24Jun 7, 2018$706,666one deed, 2 homes——
2JJun 11, 2018$748,414one deed, 2 homes——
3CJun 11, 2018$729,170——
PRK20Jun 11, 2018$748,414one deed, 2 homes——
1AJun 18, 2018$763,688——
PRK23Jun 18, 2018$56,004——
3JJun 22, 2018$813,582——
4CJun 28, 2018$702,593——
PHEJun 29, 2018$865,513——
5BJul 24, 2018$720,000——
4BJul 30, 2018$823,255one deed, 2 homes——
PRK19Jul 30, 2018$823,255one deed, 2 homes——
PRK16Jun 21, 2019$40,000——
PRK 5Jul 28, 2021$25,000——
PRK 6Jul 30, 2021$43,000——

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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Team

Sponsor
31st Avenue Associates LLC
Construction lender
Investors BankLender on the mortgage and building loan agreement recorded February 2017 in ACRIS; $14.5 million recorded

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

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