THE CONDO BOOK PROJECT

37-14 34th Street Condominium

37-14 34th Street, Queens, NY 11101

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Overview

Units
77 residential · 45 parking · 42 storage · 2 commercial
Subway
2 min walk to 36 St M R39 Av-Dutch Kills N W, 6 min
Developer
New Empire Group
Principals
Bentley Zhao
Offering price
$81 million total $77.8 million when first offered

The sponsor of record is 3714 Lic Development LLC, represented by Marans, Weisz & Newman LLC. The offering plan runs 422 pages. The sponsor has filed 4 amendments, the latest in July 2021. The nearest other condo plan on file is Lucent 33 Condominium, next door.

Plan CD180434 · New · accepted Dec 9, 2019 · AG record ↗

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FigureThis building15 Court Square258 units · 0.8 miaccepted 2019Millo364 units · 1 miaccepted 2020
Average Offering PricePer Apartment$1.01MIn line$1.25M$695,484

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Unit mix, closings, budgets, finishes and the team, against 5 Court Square and Millo, 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 closed100% of the homes in the plan77 of 77
Closingsfirst and latest recordedFeb 8, 2021 – Feb 26, 2026

Sales recorded with the Department of Finance (ACRIS) through Jul 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 82 closings
HomeRecordedClosing priceSchedule ADifference
S5GFeb 8, 2021$985,000——
N2AFeb 11, 2021$625,730one deed, 2 homes——
N4IFeb 11, 2021$800,000——
N3EFeb 12, 2021$741,707——
N4EFeb 12, 2021$760,000——
S2CFeb 12, 2021$750,000——
S3HFeb 12, 2021$1,085,091one deed, 2 homes——
S5EFeb 12, 2021$805,000one deed, 2 homes——
N2CFeb 15, 2021$814,600one deed, 2 homes——
N6AFeb 16, 2021$1,325,000one deed, 2 homes——
S2BFeb 16, 2021$575,311——
N6DFeb 17, 2021$846,421——
S3DFeb 17, 2021$771,350——
S3FFeb 17, 2021$805,091one deed, 2 homes——
S4CFeb 17, 2021$595,676——
S4FFeb 17, 2021$820,000one deed, 2 homes——
NPHAFeb 18, 2021$1,375,000——
S5DFeb 18, 2021$780,000——
N2DFeb 19, 2021$1,237,174one deed, 2 homes——
N4DFeb 19, 2021$768,282one deed, 2 homes——
S3EFeb 19, 2021$770,000——
S4GFeb 19, 2021$950,000——
S4HFeb 19, 2021$1,080,000one deed, 2 homes——
SPHAFeb 19, 2021$1,300,000one deed, 3 homes——
N3IFeb 22, 2021$825,091one deed, 3 homes——
N4AFeb 22, 2021$755,000one deed, 2 homes——
N6EFeb 22, 2021$977,520——
N6FFeb 23, 2021$1,085,091one deed, 2 homes——
S2DFeb 23, 2021$1,181,619one deed, 3 homes——
N3BFeb 25, 2021$615,091one deed, 2 homes——
N5CFeb 25, 2021$775,000one deed, 2 homes——
N3DFeb 26, 2021$722,958one deed, 2 homes——
N4FFeb 26, 2021$802,254——
N4GFeb 26, 2021$785,000——
N6BFeb 26, 2021$955,000——
N4BMar 3, 2021$631,315——
N5GMar 3, 2021$1,165,000——
NPHCMar 3, 2021$986,684——
S5HMar 3, 2021$1,040,000——
N6CMar 5, 2021$881,779——
S6AMar 5, 2021$1,360,000one deed, 2 homes——
N5DMar 8, 2021$797,392——
S4AMar 8, 2021$747,500one deed, 2 homes——
S6BMar 8, 2021$995,000——
S6CMar 9, 2021$800,000one deed, 2 homes——
S6EMar 9, 2021$997,885——
S5AMar 10, 2021$747,500one deed, 2 homes——
N2BMar 11, 2021$550,000——
S4DMar 11, 2021$780,000——
SPHCMar 11, 2021$999,999one deed, 2 homes——
N5FMar 12, 2021$1,002,976——
S5CMar 12, 2021$616,041——
N3AMar 15, 2021$750,000one deed, 2 homes——
S6FMar 15, 2021$1,230,000——
S4EMar 17, 2021$805,000one deed, 2 homes——
S3CMar 19, 2021$570,220——
S5FMar 25, 2021$815,000——
S3GMar 26, 2021$970,000——
NPHDMar 29, 2021$1,280,091one deed, 2 homes——
N5BMar 31, 2021$999,512one deed, 3 homes——
N3GApr 1, 2021$805,000——
N5EApr 5, 2021$845,000——
S3AApr 13, 2021$787,118——
S6DApr 27, 2021$840,000one deed, 2 homes——
SPHDApr 30, 2021$1,215,000one deed, 2 homes——
N3FMay 3, 2021$780,000——
SPHBMay 5, 2021$1,710,000one deed, 2 homes——
S4BMay 6, 2021$615,000one deed, 2 homes——
N5AJul 6, 2021$896,060one deed, 2 homes——
S5BJul 21, 2021$635,000one deed, 3 homes——
NC2Jul 30, 2021$1,686,191one deed, 2 homes——
NPHBJul 30, 2021$1,686,191one deed, 2 homes——
N4CAug 13, 2021$576,840——
S2AAug 13, 2021$586,960——
S3BAug 13, 2021$592,020——
SC2Sep 15, 2021$15,210——
N3CDec 3, 2021$586,960——
N3HDec 3, 2021$581,900——
N4HDec 3, 2021$592,020——
SC3Jan 20, 2022$10,183——
NC1May 2, 2023$15,000——
SC1Feb 26, 2026$15,000——

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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
3714 Lic Development LLC
Developer
New Empire GroupReported by newempire.com
Principals
Bentley Zhao
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lenders
H.I.G. Global Credit Holdings, Whitehorse Onshore Credit Opportunities I, LLC, H.I.G. Whitehorse Trinity Credit, LLC, BOF Holdings, IV$25.5 million recorded

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

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