THE CONDO BOOK PROJECT

Katina Condominium

31-12 24th Avenue, Queens, NY 11102

Overview

Units
29 residential · 1 parking · 4 commercial
Subway
3 min walk to Astoria Blvd N WAstoria-Ditmars Blvd N W, 6 min
Offering price
$30.8 million total $22.5 million when first offered

The sponsor of record is 31-18 24th Avenue LLC. The sponsor has filed 1 amendment, the latest in July 2019. The nearest other condo plan on file is 24-18 36th Street Condominium, 0.1 mi away.

Plan CD180022 · New · accepted Oct 16, 2018 · AG record ↗

Closings Pro

Homes closed17% of the homes in the plan5 of 29
Closingsfirst and latest recordedSep 23, 2019 – Jul 26, 2021

Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2021: 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 5 closings
HomeRecordedClosing priceSchedule ADifference
2ESep 23, 2019$728,558——
2CJul 26, 2021$650,000——
3EJul 26, 2021$800,000——
4CJul 26, 2021$665,000——
5EJul 26, 2021$825,000——

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
31-18 24th Avenue LLC
Construction lender
Sussex BankLender on the mortgage and building loan agreement recorded September 2016 in ACRIS; $15.4 million recorded

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

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