31-19 37th Avenue Condominium
31-19 37th Avenue, Queens, NY 11101
Overview
- Units
- 10 residential · 1 commercial
- Subway
- 3 min walk to 36 Av N W39 Av-Dutch Kills N W, 5 min
- Principals
- Sen Zhang
- Offering price
- $9.86 million total $9.44 million when first offered
- Floor plans
- Page 36 of the plan
The sponsor of record is Prosperity Us 27 LLC, represented by D'Agostino, Levine, Landesman & Lederman, LLP. The offering plan runs 454 pages. The sponsor has filed 7 amendments, the latest in November 2020. The nearest other condo plan on file is Meridian Towers Condominium, next door.
Plan CD170253 · New · accepted Feb 6, 2018 · AG record ↗
Compare
| Figure | This building1 | The Blvd211 units · 1.2 miaccepted 2016 | Flow House312 units · 0.7 miaccepted 2019 |
|---|---|---|---|
| Average Offering PricePer Apartment | $880,500Above peers | $828,182 | $830,750 |
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Unit mix, closings, budgets, finishes and the team, against The Blvd and Flow House, cited to the offering plans. No credit card required.
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- 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 10 of 10 |
| Closing prices vs. Schedule A10 homes: $8,879,217 at closing against $8,805,000 in Schedule A (p. 63) | +0.8% |
| Closingsfirst and latest recorded | Apr 17, 2019 – Dec 4, 2019 |
Sales recorded with the Department of Finance (ACRIS) through Aug 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 10 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1B | Apr 17, 2019 | $995,594 | $895,000 p. 63 | +11.2% |
| 5A | May 7, 2019 | $900,000 | $890,000 p. 63 | +1.1% |
| 4A | May 10, 2019 | $903,419 | $885,000 p. 63 | +2.1% |
| 2B | May 13, 2019 | $875,950 | $885,000 p. 63 | −1% |
| 4B | May 14, 2019 | $893,076 | $895,000 p. 63 | −0.2% |
| 2A | Oct 17, 2019 | $867,848 | $875,000 p. 63 | −0.8% |
| 3B | Oct 17, 2019 | $881,975 | $890,000 p. 63 | −0.9% |
| 5B | Oct 17, 2019 | $877,939 | $900,000 p. 63 | −2.5% |
| 6B | Oct 30, 2019 | $804,418 | $810,000 p. 63 | −0.7% |
| 3A | Dec 4, 2019 | $879,000 | $880,000 p. 63 | −0.1% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Prosperity Us 27 LLC
- Principals
- Sen Zhang
- Tax estimate
- Mazursky Group, Inc.Prepared the first-year real estate tax projection
- Construction lender
- S3 Capital$2.8 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Meridian Towers Condominiumnext door · 86 units · 43 parking · 2022
- Eden Condominiumnext door · 70 units · 1 parking · 2022
- 37-29 32nd Street Condominiumnext door · 10 units · 2021
- Lucent 33 Condominiumnext door · 64 units · 32 parking · 2023
- 37-14 34th Street Condominium0.1 mi · 77 units · 45 parking · 2019
- Novo I Lic A/K/A Moderna I Condominium0.1 mi · 32 units · 16 parking · 2021