THE CONDO BOOK PROJECT

68 Manor Condominium

40-06 68th Street, Queens, NY 11377

Overview

Units
20 residential · 11 parking · 2 commercial
Subway
2 min walk to 69 St 765 St M R, 6 min
Principals
Fung Ying Wong
Average $/sf
$918Homes in Schedule A, as first offered
Common charges
$323–$1,529 a monthSponsor's first-year estimate in Schedule A, July 1, 2024- June 30, 2025
Offering price
$16.9 million total

The sponsor of record is 68 M&C Realty LLC, represented by Lawrence Lixin Yang, P.C.. The offering plan runs 328 pages. The sponsor has filed 4 amendments, the latest in April 2025. The nearest other condo plan on file is 67-17 Roosevelt Avenue Condominium, next door.

Plan CD230156 · New · accepted Nov 6, 2023 · AG record ↗

Compare

FigureThis building1Frame Astoria220 units · 1.9 miaccepted 2024Arch 31323 units · 1.9 miaccepted 2022
Average Offering PricePer Apartment$844,800Below peers$849,536$886,905

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Unit mix, closings, budgets, finishes and the team, against Frame Astoria and Arch 31, 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 closed75% of the homes in Schedule A15 of 20
Closingsfirst and latest recordedMay 15, 2024 – May 12, 2025

Sales recorded with the Department of Finance (ACRIS) through May 31, 2025: 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 15 closings
HomeRecordedClosing priceSchedule ADifference
5CMay 15, 2024$393,432——
6CJun 18, 2024$434,803one deed, 2 homes——
PS8Jun 18, 2024$434,803one deed, 2 homes——
7AJul 8, 2024$692,410——
3CSep 19, 2024$784,053——
3DOct 9, 2024$763,688——
6DOct 16, 2024$400,530——
2COct 25, 2024$805,436——
2DNov 13, 2024$745,359——
4DNov 27, 2024$597,307one deed, 2 homes——
PS9Nov 27, 2024$597,307one deed, 2 homes——
4ADec 20, 2024$491,790——
4BDec 20, 2024$539,673one deed, 2 homes——
PS10HDec 20, 2024$539,673one deed, 2 homes——
5AMay 12, 2025$384,813——

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Closings are for subscribers

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
68 M&C Realty LLC
Principals
Fung Ying Wong
Tax estimate
Lawrence Lixin Yang, P.C.Prepared the first-year real estate tax projection
Construction lender
Ponce BankLender on the mortgage and building loan agreement recorded August 2021 in ACRIS; $7.5 million recorded

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

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