THE CONDO BOOK PROJECT

Vitoria 17 Condominium

27-04 Astoria Boulevard, Queens, NY 11102

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Overview

Units
10 residential · 6 storage
Subway
4 min walk to Astoria Blvd N W30 Av N W, 7 min
Principals
Basile George Pantazis
Offering price
$9.47 million total $6.19 million when first offered

The sponsor of record is Gold Sun Estates LLC, represented by Tsoromokos & Papadopoulos, Pllc. The offering plan runs 365 pages. The nearest other condo plan on file is 26-14 28th Street Condominium, next door.

Plan CD200070 · New · accepted Jun 29, 2021 · AG record ↗

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FigureThis building1Urban Garden Manor210 units · 0.6 miaccepted 2020Amity 2839 units · 0.3 miaccepted 2022
Average Offering PricePer Apartment$618,830Below peers$693,840$722,442

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Unit mix, closings, budgets, finishes and the team, against Urban Garden Manor and Amity 28, 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.

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
Gold Sun Estates LLC
Principals
Basile George Pantazis
Tax estimate
Astro Realty Brokerage, LLCPrepared the first-year real estate tax projection

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

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