THE CONDO BOOK PROJECT

Hunter Tower Condominium

42-62 Hunter Street, Queens, NY 11101

Overview

Units
27 residential · 1 commercial
Subway
3 min walk to Queens Plaza E F RQueensboro Plaza 7 N W, 3 min
Principals
Guo Zhong Lin
Offering price
$29.7 million total $22.8 million when first offered

The sponsor of record is Hunter Square LLC, represented by Lawrence Lixin Yang, P.C.. The offering plan runs 332 pages. The sponsor has filed 3 amendments, the latest in May 2025. The nearest other condo plan on file is Athena Lic Condominium, next door.

Plan CD240048 · New · accepted Jul 12, 2024 · AG record ↗

Compare

FigureThis building1Siena228 units · 1.3 miaccepted 2023Frame Astoria320 units · 1.3 miaccepted 2024
Average Offering PricePer Apartment$843,704Below peers$852,888$849,536

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Unit mix, closings, budgets, finishes and the team, against Siena and Frame 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 closed41% of the homes in the plan11 of 27
Closingsfirst and latest recordedApr 4, 2025 – Jan 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 11 closings
HomeRecordedClosing priceSchedule ADifference
2AApr 4, 2025$746,377——
4CApr 9, 2025$929,286——
3BApr 29, 2025$677,136——
6CApr 29, 2025$834,965——
10AApr 29, 2025$1,303,360——
3AApr 30, 2025$774,748——
5AApr 30, 2025$826,261——
8AMay 16, 2025$857,367——
5BAug 6, 2025$682,191——
1ADec 18, 2025$4,048,380——
4BJan 21, 2026$730,000——

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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
Hunter Square LLC
Principals
Guo Zhong Lin
Tax estimate
Lawrence Lixin Yang, P.C.Prepared the first-year real estate tax projection
Construction lender
Cathay BankLender on the mortgage and building loan agreement recorded August 2022 in ACRIS; $4.61 million recorded

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

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