Ionian Condominium
32-86 41st Street, Queens, NY 11103
Overview
- Units
- 19 residential · 1 parking · 2 commercial
- Subway
- 2 min walk to Steinway St M R46 St M R, 9 min
- Principals
- Chris Theofilatos, Christine Theofilatos, Spiro Theofilatos, Thomas Theofilatos
- Offering price
- $15.3 million total $14.6 million when first offered
- Floor plans
- Page 160 of the plan
The sponsor of record is 32-80 41st Street, LLC, represented by Paley Group, P.C., Attorneys At Law. The offering plan runs 200 pages. The sponsor has filed 12 amendments, the latest in September 2024. The nearest other condo plan on file is 31-63 38th Street Condominium, 0.2 mi away.
Plan CD060729 · New · accepted Feb 26, 2007 · AG record ↗
Compare
| Figure | This building1 | 42-51 Hunter224 units · 1.2 miaccepted 2006 | 10-50 Jackson337 units · 2 miaccepted 2007 |
|---|---|---|---|
| Average Offering PricePer Apartment | $768,000In line | $1.24M | $543,757 |
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Unit mix, closings, budgets, finishes and the team, against 42-51 Hunter and 10-50 Jackson, 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.
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
- 32-80 41st Street, LLC
- Principals
- Chris Theofilatos, Christine Theofilatos, Spiro Theofilatos, Thomas Theofilatos
- Tax estimate
- Moseson & AssociatesPrepared the first-year real estate tax projection
- Construction lender
- La Jolla BankLender on the mortgage and building loan agreement recorded December 2005 in ACRIS; $8.81 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 31-63 38th Street Condominium0.2 mi · 8 units · 2010
- Marx0.3 mi · 33 units · 18 parking · 2015
- Leavitt Tower Condominium0.3 mi · 44 units · 23 parking · 2017
- 31-66 37th Street Condominium0.3 mi · 9 units · 6 parking · 2008
- 31-32 38th Street Condominium0.3 mi · 10 units · 2012
- Astoriana Condominium0.3 mi · 21 units · 2009