THE CONDO BOOK PROJECT

21-26 Condominium

21-26 45th Road, Queens, NY 11101

Overview

Units
6 residential
Subway
1 min walk to Court Sq-23 St 7 E F G M21 St G, 4 min
Offering price
$6.64 million total $6.27 million when first offered

The sponsor of record is Salm Properties LLC, represented by Tsyngauz & Associates, P.C.. The sponsor has filed 3 amendments, the latest in March 2020. The nearest other condo plan on file is 21-24 Condominium, next door.

Plan CD180184 · New · accepted Jan 25, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan6 of 6
Closingsfirst and latest recordedApr 14, 2020 – Sep 9, 2020

Sales recorded with the Department of Finance (ACRIS) through Jan 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 6 closings
HomeRecordedClosing priceSchedule ADifference
2Apr 14, 2020$1,340,000——
4May 27, 2020$787,050——
3Jun 5, 2020$820,000——
6Jun 26, 2020$1,280,000——
1Aug 21, 2020$700,000——
5Sep 9, 2020$1,260,000——

Pro

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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
Salm Properties LLC
Construction lender
Valley National BankLender on the mortgage and building loan agreement recorded April 2017 in ACRIS

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

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