Eastone Plaza Condominium
38-20 Parsons Boulevard, Queens, NY 11354
Overview
Eastone Plaza is a new seven-story Flushing building with 175 studio to two-bedroom condos over 19 community facility units and 154 parking spaces. Its offering plan prices homes at about $1,300 a square foot, runs the building on a small budget with one superintendent, and gives residential units no tax abatement.
- What it is: new construction, seven floors plus a cellar and sub-cellar, on a corner lot of about 43,800 square feet with 292 feet of frontage on Parsons Boulevard. The main entrance is on 38th Avenue.
- Size: 175 homes, 19 community facility units and 154 parking spaces. The plan's unit-mix table counts 12 studios, 97 one-bedrooms and 66 two-bedrooms. There are no three-bedrooms.
- Offering prices: in the original Schedule A, studios run about $475,000 to $563,000, one-bedrooms about $608,000 to $883,000, and two-bedrooms about $954,000 to $1.32 million. These are asking prices, not sales, the plan says they're negotiable, and they may have changed by amendment.
- Common charges: roughly $160 to $440 a month, depending on the unit, under the sponsor's first-year projection.
- Subway: the 7 train at Flushing-Main St is about an 8-minute walk.
Compare
| Figure | This building1 | Northern Center2127 units · 0.2 miaccepted 2024 | Northern Parc3172 units · 0.2 miaccepted 2022 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.08MAbove peers | $964,406 | $1.08M |
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Unit mix, closings, budgets, finishes and the team, against Northern Center and Northern Parc, cited to the offering plans. No credit card required.
Create a free accountHow 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 plan | 175 of 175 |
| Closingsfirst and latest recorded | Oct 14, 2025 – Aug 31, 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 216 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 211 | Oct 14, 2025 | $720,921one deed, 2 homes | — | — |
| 505 | Oct 14, 2025 | $498,989 | — | — |
| SC28 | Oct 14, 2025 | $720,921one deed, 2 homes | — | — |
| 215 | Oct 17, 2025 | $608,914 | — | — |
| 220 | Oct 20, 2025 | $594,593 | — | — |
| 307 | Oct 20, 2025 | $721,376one deed, 2 homes | — | — |
| SC32 | Oct 20, 2025 | $721,376one deed, 2 homes | — | — |
| 212 | Oct 22, 2025 | $585,494 | — | — |
| 424 | Oct 22, 2025 | $939,472 | — | — |
| 202 | Oct 24, 2025 | $596,116 | — | — |
| 401 | Oct 28, 2025 | $941,606 | — | — |
| 219 | Oct 29, 2025 | $733,791 | — | — |
| 317 | Oct 29, 2025 | $914,083 | — | — |
| 304 | Oct 30, 2025 | $621,130 | — | — |
| 521 | Oct 30, 2025 | $647,607 | — | — |
| 411 | Nov 3, 2025 | $653,967 | — | — |
| 716 | Nov 4, 2025 | $716,836one deed, 2 homes | — | — |
| SC2 | Nov 4, 2025 | $716,836one deed, 2 homes | — | — |
| 222 | Nov 6, 2025 | $661,863 | — | — |
| 715 | Nov 7, 2025 | $751,469one deed, 2 homes | — | — |
| SC65 | Nov 7, 2025 | $751,469one deed, 2 homes | — | — |
| 205 | Nov 10, 2025 | $465,143 | — | — |
| 431 | Nov 10, 2025 | $764,775one deed, 2 homes | — | — |
| 713 | Nov 10, 2025 | $955,119 | — | — |
| SC64 | Nov 10, 2025 | $764,775one deed, 2 homes | — | — |
| 518 | Nov 12, 2025 | $667,850 | — | — |
| 619 | Nov 12, 2025 | $560,038 | — | — |
| 201 | Nov 13, 2025 | $978,606one deed, 2 homes | — | — |
| 331 | Nov 13, 2025 | $752,440one deed, 2 homes | — | — |
| 621 | Nov 13, 2025 | $792,258 | — | — |
| SC3 | Nov 13, 2025 | $978,606one deed, 2 homes | — | — |
| SC43 | Nov 13, 2025 | $752,440one deed, 2 homes | — | — |
| 608 | Nov 14, 2025 | $993,812 | — | — |
| 315 | Nov 17, 2025 | $605,859 | — | — |
| 419 | Nov 17, 2025 | $585,494 | — | — |
| 504 | Nov 17, 2025 | $692,514one deed, 2 homes | — | — |
| SC66 | Nov 17, 2025 | $692,514one deed, 2 homes | — | — |
| 303 | Nov 18, 2025 | $692,408one deed, 2 homes | — | — |
| 507 | Nov 18, 2025 | $667,927 | — | — |
| SC61 | Nov 18, 2025 | $692,408one deed, 2 homes | — | — |
| 423 | Nov 19, 2025 | $1,042,688one deed, 2 homes | — | — |
| SC5 | Nov 19, 2025 | $1,042,688one deed, 2 homes | — | — |
| 425 | Nov 20, 2025 | $955,119one deed, 2 homes | — | — |
| 623 | Nov 20, 2025 | $1,221,900 | — | — |
| SC4 | Nov 20, 2025 | $955,119one deed, 2 homes | — | — |
| 501 | Nov 21, 2025 | $956,795 | — | — |
| 312 | Nov 25, 2025 | $676,118one deed, 2 homes | — | — |
| SC62 | Nov 25, 2025 | $676,118one deed, 2 homes | — | — |
| 320 | Dec 2, 2025 | $580,362 | — | — |
| 415 | Dec 3, 2025 | $605,859 | — | — |
| 511 | Dec 9, 2025 | $669,603 | — | — |
| 529 | Dec 9, 2025 | $625,206one deed, 2 homes | — | — |
| SC48 | Dec 9, 2025 | $625,206one deed, 2 homes | — | — |
| 407 | Dec 11, 2025 | $653,280 | — | — |
| 502 | Dec 12, 2025 | $625,658 | — | — |
| 204 | Dec 15, 2025 | $603,822 | — | — |
| 611 | Dec 16, 2025 | $558,704 | — | — |
| 319 | Dec 17, 2025 | $580,403 | — | — |
| 520 | Dec 17, 2025 | $598,731 | — | — |
| 525 | Dec 19, 2025 | $922,433 | — | — |
| 324 | Dec 22, 2025 | $964,232one deed, 2 homes | — | — |
| 614 | Dec 22, 2025 | $527,433 | — | — |
| SC47 | Dec 22, 2025 | $964,232one deed, 2 homes | — | — |
| 526 | Dec 23, 2025 | $1,221,900one deed, 3 homes | — | — |
| SC33 | Dec 23, 2025 | $1,221,900one deed, 3 homes | — | — |
| SC34 | Dec 23, 2025 | $1,221,900one deed, 3 homes | — | — |
| 420 | Dec 24, 2025 | $600,768 | — | — |
| 523 | Dec 24, 2025 | $995,849 | — | — |
| 719 | Dec 29, 2025 | $1,032,506one deed, 2 homes | — | — |
| SC27 | Dec 29, 2025 | $1,032,506one deed, 2 homes | — | — |
| 216 | Dec 30, 2025 | $655,753 | — | — |
| 616 | Jan 8, 2026 | $1,047,539one deed, 2 homes | — | — |
| 622 | Jan 8, 2026 | $926,608 | — | — |
| SC63 | Jan 8, 2026 | $1,047,539one deed, 2 homes | — | — |
| 217 | Jan 12, 2026 | $954,396 | — | — |
| 702 | Jan 13, 2026 | $967,338 | — | — |
| 720 | Jan 14, 2026 | $1,231,981 | — | — |
| 203 | Jan 15, 2026 | $605,859 | — | — |
| 427 | Jan 15, 2026 | $1,163,493one deed, 3 homes | — | — |
| SC79 | Jan 15, 2026 | $1,163,493one deed, 3 homes | — | — |
| SC80 | Jan 15, 2026 | $1,163,493one deed, 3 homes | — | — |
| 225 | Jan 16, 2026 | $905,804 | — | — |
| 308 | Jan 16, 2026 | $736,767one deed, 2 homes | — | — |
| SC53 | Jan 16, 2026 | $736,767one deed, 2 homes | — | — |
| 218 | Jan 20, 2026 | $665,997 | — | — |
| 405 | Jan 20, 2026 | $480,822 | — | — |
| 404 | Jan 21, 2026 | $626,138 | — | — |
| 503 | Jan 23, 2026 | $719,334one deed, 2 homes | — | — |
| 527 | Jan 23, 2026 | $1,379,729one deed, 2 homes | — | — |
| SC50 | Jan 23, 2026 | $719,334one deed, 2 homes | — | — |
| SC60 | Jan 23, 2026 | $1,379,729one deed, 2 homes | — | — |
| 313 | Jan 27, 2026 | $1,049,816 | — | — |
| 711 | Jan 28, 2026 | $621,133 | — | — |
| 230 | Jan 29, 2026 | $858,385one deed, 2 homes | — | — |
| 323 | Jan 29, 2026 | $1,005,013one deed, 2 homes | — | — |
| 426 | Jan 29, 2026 | $682,228 | — | — |
| SC8 | Jan 29, 2026 | $1,005,013one deed, 2 homes | — | — |
| SC9 | Jan 29, 2026 | $858,385one deed, 2 homes | — | — |
| 214 | Jan 30, 2026 | $585,494one deed, 2 homes | — | — |
| 305 | Jan 30, 2026 | $469,624 | — | — |
| SC26 | Jan 30, 2026 | $585,494one deed, 2 homes | — | — |
| 321 | Feb 2, 2026 | $678,499one deed, 2 homes | — | — |
| 618 | Feb 2, 2026 | $498,589 | — | — |
| SC31 | Feb 2, 2026 | $678,499one deed, 2 homes | — | — |
| 208 | Feb 3, 2026 | $635,266 | — | — |
| 717 | Feb 4, 2026 | $997,885 | — | — |
| 516 | Feb 5, 2026 | $598,367 | — | — |
| 515 | Feb 6, 2026 | $599,546 | — | — |
| 705 | Feb 6, 2026 | $761,644one deed, 3 homes | — | — |
| SC77 | Feb 6, 2026 | $761,644one deed, 3 homes | — | — |
| SC78 | Feb 6, 2026 | $761,644one deed, 3 homes | — | — |
| 706 | Feb 10, 2026 | $997,885 | — | — |
| 408 | Feb 11, 2026 | $646,589 | — | — |
| 330 | Feb 12, 2026 | $663,899 | — | — |
| 530 | Feb 12, 2026 | $640,479one deed, 2 homes | — | — |
| SC49 | Feb 12, 2026 | $640,479one deed, 2 homes | — | — |
| 310 | Feb 13, 2026 | $702,545one deed, 2 homes | — | — |
| 311 | Feb 13, 2026 | $641,156 | — | — |
| SC81 | Feb 13, 2026 | $702,545one deed, 2 homes | — | — |
| 704 | Feb 16, 2026 | $967,338 | — | — |
| 333 | Feb 17, 2026 | $773,870 | — | — |
| 224 | Feb 18, 2026 | $1,086,269one deed, 2 homes | — | — |
| SC30 | Feb 18, 2026 | $1,086,269one deed, 2 homes | — | — |
| 607 | Feb 20, 2026 | $755,505one deed, 2 homes | — | — |
| 714 | Feb 20, 2026 | $600,768one deed, 2 homes | — | — |
| 721 | Feb 20, 2026 | $1,196,887 | — | — |
| SC12 | Feb 20, 2026 | $600,768one deed, 2 homes | — | — |
| SC46 | Feb 20, 2026 | $755,505one deed, 2 homes | — | — |
| 332 | Feb 26, 2026 | $850,239one deed, 2 homes | — | — |
| SC11 | Feb 26, 2026 | $850,239one deed, 2 homes | — | — |
| 604 | Mar 2, 2026 | $746,377one deed, 2 homes | — | — |
| SC29 | Mar 2, 2026 | $746,377one deed, 2 homes | — | — |
| 718 | Mar 3, 2026 | $779,107one deed, 2 homes | — | — |
| SC38 | Mar 3, 2026 | $779,107one deed, 2 homes | — | — |
| 509 | Mar 4, 2026 | $931,699 | — | — |
| 508 | Mar 11, 2026 | $740,777one deed, 2 homes | — | — |
| SC10 | Mar 11, 2026 | $740,777one deed, 2 homes | — | — |
| 519 | Mar 12, 2026 | $702,593one deed, 4 homes | — | — |
| SC6 | Mar 12, 2026 | $702,593one deed, 4 homes | — | — |
| SC21 | Mar 12, 2026 | $702,593one deed, 4 homes | — | — |
| SC22 | Mar 12, 2026 | $702,593one deed, 4 homes | — | — |
| 306 | Mar 13, 2026 | $614,132 | — | — |
| 207 | Mar 16, 2026 | $621,133 | — | — |
| 412 | Mar 16, 2026 | $601,968 | — | — |
| 703 | Mar 17, 2026 | $978,715one deed, 2 homes | — | — |
| SC56 | Mar 17, 2026 | $978,715one deed, 2 homes | — | — |
| 417 | Mar 20, 2026 | $920,635 | — | — |
| 524 | Mar 25, 2026 | $975,709one deed, 2 homes | — | — |
| SC1 | Mar 25, 2026 | $975,709one deed, 2 homes | — | — |
| 318 | Mar 27, 2026 | $654,967 | — | — |
| 229 | Mar 30, 2026 | $647,789 | — | — |
| 421 | Apr 1, 2026 | $493,982 | — | — |
| 422 | Apr 1, 2026 | $469,394one deed, 2 homes | — | — |
| SC40 | Apr 1, 2026 | $469,394one deed, 2 homes | — | — |
| 606 | Apr 2, 2026 | $682,409 | — | — |
| 430 | Apr 3, 2026 | $740,748one deed, 2 homes | — | — |
| SC23 | Apr 3, 2026 | $740,748one deed, 2 homes | — | — |
| 510 | Apr 6, 2026 | $654,859 | — | — |
| 328 | Apr 9, 2026 | $1,142,640 | — | — |
| 227 | Apr 15, 2026 | $1,100,910 | — | — |
| 413 | Apr 15, 2026 | $1,237,174one deed, 3 homes | — | — |
| SC7 | Apr 15, 2026 | $1,237,174one deed, 3 homes | — | — |
| SC25 | Apr 15, 2026 | $1,237,174one deed, 3 homes | — | — |
| 232 | Apr 16, 2026 | $781,090 | — | — |
| 522 | Apr 16, 2026 | $560,376one deed, 2 homes | — | — |
| 615 | Apr 16, 2026 | $997,049 | — | — |
| SC35 | Apr 16, 2026 | $560,376one deed, 2 homes | — | — |
| 506 | Apr 17, 2026 | $499,443one deed, 2 homes | — | — |
| 512 | Apr 17, 2026 | $480,635one deed, 2 homes | — | — |
| SC18 | Apr 17, 2026 | $499,443one deed, 2 homes | — | — |
| SC39 | Apr 17, 2026 | $480,635one deed, 2 homes | — | — |
| 709 | Apr 28, 2026 | $764,888one deed, 2 homes | — | — |
| SC45 | Apr 28, 2026 | $764,888one deed, 2 homes | — | — |
| 620 | Apr 30, 2026 | $770,239one deed, 3 homes | — | — |
| SC37 | Apr 30, 2026 | $51,900 | — | — |
| SC41 | Apr 30, 2026 | $770,239one deed, 3 homes | — | — |
| SC67 | Apr 30, 2026 | $770,239one deed, 3 homes | — | — |
| SC15 | May 1, 2026 | $87,390 | — | — |
| 603 | May 7, 2026 | $648,950 | — | — |
| 221 | May 14, 2026 | $751,224one deed, 2 homes | — | — |
| SC16 | May 14, 2026 | $751,224one deed, 2 homes | — | — |
| 316 | May 19, 2026 | $507,172 | — | — |
| 432 | May 20, 2026 | $794,816 | — | — |
| 409 | May 22, 2026 | $907,443 | — | — |
| 206 | May 26, 2026 | $601,968 | — | — |
| 418 | May 27, 2026 | $663,063 | — | — |
| 329 | Jun 2, 2026 | $948,173 | — | — |
| 626 | Jun 8, 2026 | $928,608one deed, 3 homes | — | — |
| SC82 | Jun 8, 2026 | $928,608one deed, 3 homes | — | — |
| SC83 | Jun 8, 2026 | $928,608one deed, 3 homes | — | — |
| 322 | Jun 17, 2026 | $609,451 | — | — |
| 609 | Jun 22, 2026 | $671,209 | — | — |
| C67 | Jun 26, 2026 | $1,321,220one deed, 3 homes | — | — |
| C68 | Jun 26, 2026 | $1,321,220one deed, 3 homes | — | — |
| 223 | Jun 29, 2026 | $996,544one deed, 2 homes | — | — |
| 309 | Jun 29, 2026 | $964,609one deed, 2 homes | — | — |
| 406 | Jun 29, 2026 | $612,150 | — | — |
| SC14 | Jun 29, 2026 | $996,544one deed, 2 homes | — | — |
| SC20 | Jun 29, 2026 | $964,609one deed, 2 homes | — | — |
| 410 | Jul 22, 2026 | $651,328 | — | — |
| 708 | Jul 22, 2026 | $994,302one deed, 2 homes | — | — |
| C12 | Jul 22, 2026 | $994,302one deed, 2 homes | — | — |
| 625 | Jul 23, 2026 | $551,055 | — | — |
| 402 | Jul 24, 2026 | $612,150 | — | — |
| 209 | Jul 30, 2026 | $984,611one deed, 2 homes | — | — |
| SC19 | Jul 30, 2026 | $984,611one deed, 2 homes | — | — |
| 210 | Jul 31, 2026 | $682,191one deed, 2 homes | — | — |
| SC55 | Jul 31, 2026 | $682,191one deed, 2 homes | — | — |
| 428 | Aug 18, 2026 | $1,174,042one deed, 3 homes | — | — |
| SC68 | Aug 18, 2026 | $1,174,042one deed, 3 homes | — | — |
| 513 | Aug 20, 2026 | $1,172,588one deed, 2 homes | — | — |
| 624 | Aug 20, 2026 | $996,030 | — | — |
| SC42 | Aug 20, 2026 | $1,172,588one deed, 2 homes | — | — |
| 612 | Aug 26, 2026 | $1,123,476 | — | — |
| 228 | Aug 27, 2026 | $904,206 | — | — |
| 414 | Aug 31, 2026 | $487,920 | — | — |
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
What It Costs to Run
The sponsor projects a first-year budget of about $766,000, starting January 1, 2025. Residential owners carry about $702,000 of it.
| Budget line | Approx. first-year cost |
|---|---|
| Insurance | $133,000 |
| Water and sewer | $113,000 |
| Common-area electricity | $99,000 |
| Gas and hot water | $93,000 |
| Labor (one superintendent) | $76,000 |
| Reserve fund | $76,000 |
| Management | $72,000 |
That's a small budget for 175 homes, mostly because staffing is minimal. Labor, hot water, water and sewer, and management are charged only to the homes. The community facility owners handle their own. Parking space owners pay only toward electricity and insurance.
Property taxes are the bigger number. The plan estimates them at roughly twice the common charges, about $317 to $882 a month per home. It warns that taxes may be much higher once the city reassesses the finished building, and there's no abatement to soften them. A parking space adds about $66 a month in common charges and $133 in taxes. Read more on common charges and property taxes.
Good to know: the plan states the reserve fund three ways ($74,000, $76,000 and $77,400) and says it won't be enough for major repairs in the first five years. At closing you pay a $1,000 working capital contribution. The insurance doesn't cover water damage, among other things, so an uninsured claim could mean an assessment.
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
The Building
Finishes
Kitchens
Cabinets are wood veneer and plastic laminate. Appliances are panel-fronted and sized to the home:
- Studios and one-bedrooms: a 24-inch Bosch gas cooktop, a 24-inch Bosch speed oven, an 18-inch Bosch dishwasher and a 22-inch Blomberg bottom-freezer refrigerator.
- Two-bedrooms: a 30-inch Bosch gas cooktop, a 30-inch Bosch speed oven, a 24-inch Bosch dishwasher and a 30-inch Blomberg bottom-freezer refrigerator.
Cooking gas is metered for the whole residential side and paid through common charges.
Bathrooms
Bathrooms use American Standard fixtures in white and polished chrome, with 5-foot tubs, hand showers on slide bars, and porcelain tile on the floors and walls.
Floors, Windows and Air
- Floors: engineered oak from Shaw Contract throughout, including the kitchen, with a 5-year limited warranty.
- Windows: a thermally broken glass window wall with insulated, low-e, argon-filled glass. Homes are ventilated by opening windows.
- Ceilings: about 7'9" to 9'9", lower at soffits and beams.
- Heating and cooling: a VRV heat pump system. You pay your own electricity, which covers your heat and air conditioning. The sponsor's engineer estimates about $670 a year for a studio and $1,280 to $1,630 for a two-bedroom.
- Laundry: every home has its own washer and dryer.
Compare with NYC condo finishes since 2010.
Listings: Eastone Plaza, 38-20 Parsons Boulevard on StreetEasy
Amenities, Staffing & Transportation
- Second floor: a lounge with a kitchen, a gym, an outdoor exercise area, a children's playroom, a business center, a conference room and a landscaped outdoor terrace.
- Roof: a landscaped outdoor terrace. The plan's utility list mentions a rooftop grill.
- Below grade: a bike room with card access, storage cages with card access, and a laundry room with two card-operated washers and gas dryers.
- Lobby: a package room next to the residential lobby.
Good to know: the plan doesn't promise the amenities will be finished by the first closing, and you have to close anyway. It also says the sponsor won't provide "recreational facilities," a line that's hard to square with the amenity list. Ask the sponsor what will be open when you move in. Compare with amenities by building size.
Tip: the plan contradicts itself on a few details. It puts the bike room in the sub-cellar with 85 spaces and also on the lobby level with 89. It says there's no shared laundry and also describes a cellar laundry room. Storage cages are described but aren't priced in Schedule A, so ask how they're assigned.
Staffing and Services
The budget pays for one full-time superintendent who isn't a union member. He's on call around the clock for emergencies, cleans the halls and does minor repairs. There's no doorman or concierge in the budget, even though the security description mentions intercoms and camera monitors at a lobby front desk.
The building has three passenger elevators for residents and one for the community facility floor. Each floor has a trash chute down to a compactor in the cellar. See what a doorman costs in an NYC condo for context.
Transportation
- Subway: 8 min walk to Flushing-Main St 7
- Parking: 154 parking units in the plan
Fine Print
What's Specific to It
- No tax abatement for homes. The sponsor isn't applying for 421-a or any other exemption for the residential units. Only the ground-floor community facility units are seeking an ICAP abatement.
- A small staff. The budget pays for one full-time superintendent, not a union member, and no doorman.
- Medical or day care downstairs. The 19 ground-floor units are limited to health care or day care use, which the plan says may bring more noise and traffic than homes would.
- Lots of parking for sale. 154 spaces in the cellar and sub-cellar, each offered at $75,000.
- Terraces on the second floor. Many second-floor homes come with private terraces of roughly 190 to 740 square feet, and some upper-floor homes have terraces or balconies too.
Listing photos of Eastone Plaza show you the layouts. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.
Fine Print Worth Knowing
- Sponsor control. The sponsor controls the board for two years or until more than half the common interest is sold, whichever comes first. It can veto board spending on improvements, new staff, contracts and borrowing for up to five years.
- Investor-heavy building. The plan can be declared effective with contracts on 27 homes (15%), buyers don't have to live in their units, and it warns there may always be many non-resident owners.
- Square footage. Listed sizes are measured to the outside of exterior walls and the middle of shared walls, so usable space is noticeably smaller.
- Board right of first refusal. The board can match an offer when you sell.
- Parking can go to outsiders. The sponsor can rent unsold spaces to non-residents for one week to one month at a time. A resident who asks in writing gets a space within 30 days.
- Smoking. Allowed inside homes but not on terraces, balconies or anywhere else in the building.
- Contract terms. You pay the transfer taxes, waive a jury trial, pay the sponsor's legal fees if you sue and lose, and owe 8% interest if you delay your closing.
- Dates have slipped. The original plan expected completion and a first closing around January 1, 2025. The building may close on a temporary certificate of occupancy.
Team
- Sponsor: Eastone Parsons Holding LLC, whose members are Shun Qian Liu, Yong Qiu, Binbin Huang and Yi Hua Chen. Their earlier Queens condos include Rego Park Plaza, The LIC Manor, The Millo and Rego Parc.
- Architect: Stephen B. Jacobs Group
- Managing agent: CLS Professional Inc., at $72,000 a year on a two-year agreement
- Selling agent: the sponsor itself
- Sponsor's counsel: Law Office of Thomas E. Berinato
- Construction lender: Cathay Bank
- Sponsor
- Eastone Parsons Holding LLC
- Principals
- Shun-Qian Liu, Yong Qiu, Binbin Huang, Yi Hua Chen
- Construction lender
- Cathay Bank$62 million recorded
Nearby
- Parsons Condominiumnext door · 40 units · 17 parking · 2008
- 37 Parsons Condominiumnext door · 19 units · 10 parking · 2007
- Rosewood Tower0.1 mi · 26 units · 14 parking · 2001
- Changan Tower Condominium0.1 mi · 22 units · 1 parking · 2019
- Stern 88 Condominium0.2 mi · 26 units · 8 parking · 2015
- Madison Eight Tower Condominium0.2 mi · 25 units · 11 parking · 2009
FAQ
How much are apartments at Eastone Plaza?
In the original Schedule A, about $475,000 for the smallest studio up to about $1.32 million for the largest two-bedroom, roughly $1,300 a square foot. Prices are negotiable and may have changed by amendment.
Does Eastone Plaza have a tax abatement?
Not for the homes. The sponsor isn't applying for 421-a or any other exemption for residential units, so taxes run about twice the common charges and may rise after reassessment.
Does Eastone Plaza have a doorman?
No. The first-year budget pays for one full-time superintendent and no door staff.
Can I buy parking at Eastone Plaza?
Yes. There are 154 spaces in the cellar and sub-cellar, each offered at $75,000 in the original plan, with their own common charges and taxes.
Where this comes from: the building's offering plan (CD230246), filed with the New York Attorney General, including its Schedule A price list, Schedule B first-year budget and description of property. Prices are the sponsor's original offering prices, not sales. Updated October 2026.