THE CONDO BOOK PROJECT

Noble Lic Condominium

27-09 40th Avenue, Queens, NY 11101

Overview

Units
46 residential · 1 parking · 2 commercial
Subway
5 min walk to 39 Av-Dutch Kills N WQueensboro Plaza 7 N W, 5 min
Principals
Abdelaziz Raouf, Konstantinos Vorillas, Nabil Anmar Bennekaa, Youcef Guernah
Average $/sf
$1,541Homes in Schedule A, as first offered
Offering price
$45.4 million total

The sponsor of record is 40th Ave Dutch Kills Realty LLC, represented by Seiden & Schein, P.C.. The offering plan runs 466 pages. The sponsor has filed 6 amendments, the latest in September 2025. The nearest other condo plan on file is Soundview Condominium, next door.

Plan CD230072 · New · accepted Mar 1, 2024 · AG record ↗

Compare

FigureThis building1Athena Lic251 units · 0.3 miaccepted 2023Mason Lic342 units · 0.2 miaccepted 2023
Common ChargesPer Square Foot / Month$1.37Highest$0.82$0.76
Average Offering PricePer Apartment$978,130In line$1.11M$973,690
Average PricePer Square Foot$1,541In line$1,699$1,375
Average Unit SizeSquare Feet635 SFSmaller655 SF708 SF

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Unit mix, closings, budgets, finishes and the team, against Athena Lic and Mason Lic, 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 closed91% of the homes in Schedule A42 of 46
Closing prices vs. Schedule A42 homes: $40,310,422 at closing against $40,580,000 in Schedule A (p. 61)−0.7%
Average closing price42 homes, on their Schedule A square feet$1,535 / SF
Closingsfirst and latest recordedDec 23, 2024 – Aug 11, 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 42 closings
HomeRecordedClosing priceSchedule ADifference
4EDec 23, 2024$835,000$835,000 p. 610%
3JDec 27, 2024$945,292$925,000 p. 61+2.2%
6JDec 27, 2024$955,000$955,000 p. 610%
5DDec 30, 2024$845,000$845,000 p. 610%
5EJan 6, 2025$863,832$845,000 p. 61+2.2%
3DJan 7, 2025$825,000$825,000 p. 610%
5GJan 7, 2025$692,410$680,000 p. 61+1.8%
4FJan 8, 2025$906,243$890,000 p. 61+1.8%
6IJan 8, 2025$819,691$805,000 p. 61+1.8%
6BJan 9, 2025$1,322,045$1,295,000 p. 61+2.1%
6DJan 9, 2025$874,015$855,000 p. 61+2.2%
5JJan 10, 2025$945,000$945,000 p. 610%
3EJan 14, 2025$950,000$985,000 p. 61−3.6%
3IJan 14, 2025$785,000$775,000 p. 61+1.3%
4CJan 14, 2025$1,175,000$1,175,000 p. 610%
5IJan 15, 2025$795,000$795,000 p. 610%
6GJan 16, 2025$685,000$685,000 p. 610%
4JJan 21, 2025$965,000$935,000 p. 61+3.2%
6EJan 21, 2025$884,197$855,000 p. 61+3.4%
5FJan 22, 2025$919,836$900,000 p. 61+2.2%
4DJan 23, 2025$835,000$835,000 p. 610%
5BJan 31, 2025$1,308,806$1,280,000 p. 61+2.3%
3HFeb 4, 2025$880,000$880,000 p. 610%
4IFeb 14, 2025$785,000$785,000 p. 610%
4GMar 28, 2025$675,000$675,000 p. 610%
6AApr 11, 2025$1,295,000$1,295,000 p. 610%
4HApr 16, 2025$890,000$890,000 p. 610%
4BApr 21, 2025$1,240,000$1,240,000 p. 610%
2DApr 24, 2025$965,000$965,000 p. 610%
2FApr 29, 2025$920,000$920,000 p. 610%
2BMay 7, 2025$1,440,000$1,440,000 p. 610%
3FAug 8, 2025$999,962$1,090,000 p. 61−8.3%
5CAug 22, 2025$1,170,000$1,190,000 p. 61−1.7%
5HAug 26, 2025$870,604$900,000 p. 61−3.3%
6HAug 27, 2025$884,136$910,000 p. 61−2.8%
2EAug 28, 2025$905,001$920,000 p. 61−1.6%
3CAug 28, 2025$1,160,000$1,160,000 p. 610%
3GSep 12, 2025$797,585$825,000 p. 61−3.3%
6CNov 6, 2025$1,041,965$1,205,000 p. 61−13.5%
3BDec 19, 2025$1,221,900$1,225,000 p. 61−0.3%
5ADec 23, 2025$1,221,900$1,280,000 p. 61−4.5%
2CAug 11, 2026$816,000$865,000 p. 61−5.7%

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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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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
40th Ave Dutch Kills Realty LLC
Principals
Abdelaziz Raouf, Konstantinos Vorillas, Nabil Anmar Bennekaa, Youcef Guernah
Tax estimate
Goldberg Weprin Finkel Goldstein LLPPrepared the first-year real estate tax projection
Construction lender
UMB Bank$31.5 million recorded

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

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