THE CONDO BOOK PROJECT

Lucent 33 Condominium

37-34 33rd Street, Queens, NY 11101

Overview

Units
64 residential · 32 parking · 2 commercial
Subway
3 min walk to 36 St M R39 Av-Dutch Kills N W, 5 min
Principals
Zhidong Wu, George Xu
Average $/sf
$1,344Homes in Schedule A, as first offered
Common charges
$462–$1,054 a monthSponsor's first-year estimate in Schedule A, For the Period of July 1, 2024 to June 30, 2025
Offering price
$62.6 million total $62.5 million when first offered

The sponsor of record is 33rd Street Ventures, LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 405 pages. The sponsor has filed 8 amendments, the latest in July 2026. The nearest other condo plan on file is 37-29 32nd Street Condominium, next door.

Plan CD230074 · New · accepted Oct 18, 2023 · AG record ↗

Compare

FigureThis building1Mason Lic242 units · 0.5 miaccepted 2023Oasis Astoria352 units · 0.9 miaccepted 2024
Common ChargesPer Square Foot / Month$0.99Highest$0.76$0.41
Average Offering PricePer Apartment$936,867Below peers$973,690$987,277
Average PricePer Square Foot$1,344Below peers$1,375$1,396
Property TaxesPer Square Foot / Month$1.11Above peers$1.07$0.82
Average Unit SizeSquare Feet697 SFSmaller708 SF707 SF

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Unit mix, closings, budgets, finishes and the team, against Mason Lic and Oasis Astoria, 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 closed92% of the homes in Schedule A59 of 64
Closing prices vs. Schedule A59 homes: $58,342,868 at closing against $55,479,281 in Schedule A (p. 49, p. 50, p. 51, p. 52)+5.2%
Average closing price59 homes, on their Schedule A square feet$1,414 / SF
Closingsfirst and latest recordedJun 28, 2024 – Aug 21, 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 59 closings
HomeRecordedClosing priceSchedule ADifference
5EJun 28, 2024$870,176$834,300 p. 50+4.3%
5AJul 10, 2024$1,158,750$1,158,750 p. 500%
4BJul 11, 2024$858,182$782,800 p. 50+9.6%
7CJul 11, 2024$911,843$875,500 p. 51+4.2%
2GJul 12, 2024$864,953$839,450 p. 49+3%
5HJul 12, 2024$823,002$798,250 p. 51+3.1%
6AJul 12, 2024$1,169,050$1,169,050 p. 510%
7AJul 12, 2024$1,343,850$1,333,850 p. 51+0.7%
3HJul 16, 2024$802,026$777,650 p. 50+3.1%
5CJul 18, 2024$1,133,000$1,133,000 p. 500%
6CJul 18, 2024$1,153,300$1,143,300 p. 51+0.9%
3AJul 23, 2024$1,148,150$1,138,150 p. 49+0.9%
3FJul 23, 2024$1,081,500$1,081,500 p. 490%
5KJul 23, 2024$1,158,450$1,148,450 p. 51+0.9%
4HJul 24, 2024$812,513$787,950 p. 50+3.1%
5DJul 24, 2024$1,127,550$1,117,550 p. 50+0.9%
6DJul 24, 2024$1,234,086$1,127,850 p. 51+9.4%
7EJul 24, 2024$931,656$834,300 p. 51+11.7%
6GJul 25, 2024$803,400$803,400 p. 510%
2AJul 26, 2024$1,127,250$1,107,250 p. 49+1.8%
3DJul 26, 2024$1,233,916$1,091,800 p. 49+13%
6JJul 26, 2024$767,050$757,050 p. 51+1.3%
3IJul 29, 2024$705,550$705,550 p. 500%
4AJul 29, 2024$1,148,450$1,148,450 p. 500%
6IJul 31, 2024$736,450$736,450 p. 510%
7DJul 31, 2024$1,143,000$1,133,000 p. 51+0.9%
4GAug 2, 2024$782,800$782,800 p. 500%
6EAug 6, 2024$931,293$844,600 p. 51+10.3%
4DAug 7, 2024$1,198,736$1,107,250 p. 50+8.3%
2CAug 8, 2024$1,121,602$1,081,500 p. 49+3.7%
6FAug 8, 2024$1,153,067$1,112,400 p. 51+3.7%
7BAug 8, 2024$1,030,927$942,450 p. 51+9.4%
3GAug 9, 2024$772,500$772,500 p. 490%
4CAug 9, 2024$1,132,700$1,122,700 p. 50+0.9%
2FAug 15, 2024$1,302,088$1,158,750 p. 49+12.4%
5BAug 20, 2024$823,100$793,100 p. 50+3.8%
2IAug 23, 2024$664,000$662,681 p. 49+0.2%
4EAug 30, 2024$859,403$824,000 p. 50+4.3%
5GAug 30, 2024$793,100$793,100 p. 500%
6KAug 30, 2024$1,158,750$1,158,750 p. 510%
7HSep 12, 2024$812,209$777,650 p. 52+4.4%
7GSep 18, 2024$762,200$762,200 p. 510%
4IOct 18, 2024$715,850$715,850 p. 500%
5JOct 29, 2024$746,750$746,750 p. 510%
6BNov 25, 2024$803,400$803,400 p. 510%
4JNov 26, 2024$736,450$736,450 p. 500%
3CDec 6, 2024$1,348,893$1,107,250 p. 49+21.8%
3BDec 11, 2024$772,500$772,500 p. 490%
5IFeb 3, 2025$726,150$726,150 p. 510%
3EFeb 10, 2025$968,850$818,850 p. 49+18.3%
5FAug 13, 2025$1,252,100$1,102,100 p. 50+13.6%
2DSep 24, 2025$1,210,785$1,076,350 p. 49+12.5%
2ESep 24, 2025$1,034,842$880,650 p. 49+17.5%
3JSep 24, 2025$860,114$726,150 p. 50+18.4%
4FSep 24, 2025$1,226,260$1,091,800 p. 50+12.3%
6HSep 24, 2025$942,630$808,550 p. 51+16.6%
7FSep 24, 2025$973,568$839,450 p. 51+16%
4KMar 6, 2026$1,268,150$1,138,150 p. 50+11.4%
3KAug 21, 2026$1,210,000$1,127,850 p. 50+7.3%

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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
33rd Street Ventures, LLC
Principals
Zhidong Wu, George Xu
Tax estimate
Highpoint Incentive Inc.Prepared the first-year real estate tax projection
Construction lender
Midfirst Bank$33.8 million recorded

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

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