THE CONDO BOOK PROJECT

Sunnyside Court Condominium

43-33 42nd Street, Queens, NY 11377

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Overview

Units
0 residential · 7 commercial
Subway
3 min walk to 40 St-Lowery St 746 St-Bliss St 7, 5 min
Principals
Bin Xian Zhang, Carina Yang, Cindy Yang, Paul Yang
Average $/sf
$616Homes in Schedule A, as first offered
Offering price
$3.25 million total

The sponsor of record is Golden Properties Development Group, LLC, represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 260 pages. The sponsor has filed 3 amendments, the latest in January 2011. The nearest other condo plan on file is Citiview Condominium, 0.1 mi away.

Plan CD080482 · New · accepted May 1, 2009 · AG record ↗

Closings Pro

Homes closed100% of the homes in Schedule A10 of 10
Closing prices vs. Schedule A10 homes: $2,729,488 at closing against $3,250,000 in Schedule A (p. 28)−16%
Average closing price10 homes, on their Schedule A square feet$517 / SF
Closingsfirst and latest recordedDec 29, 2010 – Oct 25, 2012

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 10 closings
HomeRecordedClosing priceSchedule ADifference
5BDec 29, 2010$271,245$331,000 p. 28−18.1%
6ADec 29, 2010$290,000$335,000 p. 28−13.4%
5AJan 21, 2011$267,500$327,000 p. 28−18.2%
6BJan 27, 2011$276,822$338,000 p. 28−18.1%
3AFeb 1, 2011$271,245$325,000 p. 28−16.5%
3BFeb 15, 2011$271,245$328,000 p. 28−17.3%
4AMar 31, 2011$269,217$325,000 p. 28−17.2%
4BMay 20, 2011$276,822$328,000 p. 28−15.6%
2AAug 8, 2011$266,682$305,000 p. 28−12.6%
2BOct 25, 2012$268,710$308,000 p. 28−12.8%

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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
Golden Properties Development Group, LLC
Principals
Bin Xian Zhang, Carina Yang, Cindy Yang, Paul Yang

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

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