THE CONDO BOOK PROJECT

Arcadia Woodside Condominium

40-22 61st Street, Queens, NY 11377

Overview

Units
78 residential · 71 commercial
Subway
2 min walk to 61 St-Woodside 761 St-Woodside 7, 3 min
Principals
Alex Lau, Henry Zhao
Average $/sf
$1,141Homes in Schedule A, as first offered
Common charges
$321–$700 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 to June 30, 2025
Offering price
$66.2 million total $61.5 million when first offered

The sponsor of record is 4061 Street, LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 381 pages. The sponsor has filed 9 amendments, the latest in December 2025. The nearest other condo plan on file is Elite Condominium, next door.

Plan CD230041 · New · accepted Sep 5, 2023 · AG record ↗

Compare

FigureThis building1Lucent 33264 units · 1.5 miaccepted 2023Centric3131 units · 0.2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.66Below peers$0.99$0.68
Average Offering PricePer Apartment$760,170Below peers$936,867$872,956
Average PricePer Square Foot$1,141Below peers$1,344$1,238
Property TaxesPer Square Foot / Month$1.00Below peers$1.11$1.38
Average Unit SizeSquare Feet666 SFSmaller697 SF705 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Lucent 33 and Centric, cited to the offering plans. No credit card required.

Create a free account
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 closed79% of the homes in Schedule A60 of 76
Closing prices vs. Schedule A60 homes: $46,926,509 at closing against $45,495,900 in Schedule A (p. 42, p. 43, p. 44, p. 45)+3.1%
Average closing price60 homes, on their Schedule A square feet$1,172 / SF
Closingsfirst and latest recordedApr 11, 2024 – Aug 4, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 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 60 closings
HomeRecordedClosing priceSchedule ADifference
2KApr 11, 2024$682,228$679,000 p. 42+0.5%
3BApr 17, 2024$640,479$629,000 p. 43+1.8%
2LApr 19, 2024$867,848$789,000 p. 43+10%
4IApr 23, 2024$677,000$648,000 p. 44+4.5%
3HApr 24, 2024$697,501$691,000 p. 43+0.9%
7BApr 26, 2024$778,961$688,000 p. 45+13.2%
2BApr 30, 2024$605,859$619,000 p. 42−2.1%
2IApr 30, 2024$672,045$679,000 p. 42−1%
1KMay 6, 2024$784,053$769,000 p. 42+2%
2JMay 6, 2024$722,958$679,000 p. 42+6.5%
4CMay 7, 2024$804,418$798,000 p. 43+0.8%
5AMay 7, 2024$875,000$860,000 p. 44+1.7%
7AMay 7, 2024$901,151$918,000 p. 45−1.8%
3IMay 8, 2024$790,162$691,000 p. 43+14.4%
6CMay 9, 2024$855,330$834,900 p. 44+2.4%
6FMay 10, 2024$824,783$818,000 p. 45+0.8%
2HMay 16, 2024$692,410$679,000 p. 42+2%
3CMay 16, 2024$809,509$769,000 p. 43+5.3%
2CMay 17, 2024$751,469$749,000 p. 42+0.3%
5CMay 28, 2024$853,294$813,000 p. 44+5%
1EMay 29, 2024$656,771$639,000 p. 42+2.8%
4FJun 3, 2024$896,060$919,000 p. 44−2.5%
7FJun 3, 2024$680,191$628,000 p. 45+8.3%
1GJun 4, 2024$722,958$639,000 p. 42+13.1%
3DJun 4, 2024$773,870$740,000 p. 43+4.6%
4AJun 7, 2024$878,750$838,000 p. 43+4.9%
6AJun 12, 2024$926,608$889,000 p. 44+4.2%
4HJun 13, 2024$680,191$648,000 p. 44+5%
1JJun 14, 2024$799,326$780,000 p. 42+2.5%
5GJun 21, 2024$697,501$680,000 p. 44+2.6%
4GJun 27, 2024$670,009$648,000 p. 44+3.4%
5DJul 11, 2024$844,638$789,000 p. 44+7.1%
4BJul 12, 2024$651,680$638,000 p. 43+2.1%
6DJul 17, 2024$873,659$819,000 p. 44+6.7%
7GJul 18, 2024$641,498$658,000 p. 45−2.5%
1AJul 22, 2024$794,235$798,000 p. 42−0.5%
3GJul 23, 2024$726,012$689,000 p. 43+5.4%
6EJul 26, 2024$1,140,440$1,088,000 p. 44+4.8%
1BOct 15, 2024$685,500$659,000 p. 42+4%
1DOct 22, 2024$697,501$639,000 p. 42+9.2%
1FNov 27, 2024$666,954$639,000 p. 42+4.4%
4DNov 27, 2024$835,000$768,000 p. 43+8.7%
7DJan 9, 2025$1,221,900$1,095,000 p. 45+11.6%
4EFeb 5, 2025$865,513$759,000 p. 43+14%
2AMar 31, 2025$794,235$789,000 p. 42+0.7%
1IApr 3, 2025$853,294$879,000 p. 42−2.9%
7EMay 14, 2025$924,571$848,000 p. 45+9%
1HMay 30, 2025$824,783$808,000 p. 42+2.1%
1CJun 5, 2025$590,585$628,000 p. 42−6%
2GJul 18, 2025$743,323$679,000 p. 42+9.5%
7CJul 24, 2025$845,000$899,000 p. 45−6%
3FJul 30, 2025$763,688$818,000 p. 43−6.6%
3MOct 10, 2025$789,144$775,000 p. 43+1.8%
2DOct 31, 2025$751,306$729,000 p. 42+3.1%
3ANov 14, 2025$833,947$809,000 p. 43+3.1%
3NFeb 18, 2026$804,418$815,000 p. 43−1.3%
5HApr 30, 2026$675,000$698,000 p. 44−3.3%
2MMay 26, 2026$740,000$758,000 p. 43−2.4%
5FJul 14, 2026$875,000$889,000 p. 44−1.6%
2NAug 4, 2026$805,000$789,000 p. 43+2%

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
4061 Street, LLC
Principals
Alex Lau, Henry Zhao
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Industrial and Commercial Bank of China$29.7 million recorded

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

Nearby