THE CONDO BOOK PROJECT

Elmhurst Plaza Condominium

45-15 82nd Street And 45-16 83rd Street, Queens, NY 11373

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Overview

Units
138 residential · 1 parking · 2 commercial
Subway
3 min walk to Elmhurst Av M RGrand Av-Newtown M R, 10 min
Principals
Ki Tai Yeung
Average $/sf
$800Homes in Schedule A, as first offered
Common charges
$325–$722 a monthSponsor's first-year estimate in Schedule A, October 1, 2018 - September 30, 2019
Offering price
$108.6 million total $91.3 million when first offered

The sponsor of record is Elmhurst Plaza Tower LLC, represented by Marans Weisz & Newman LLC. The offering plan runs 449 pages. The sponsor has filed 10 amendments, the latest in August 2025. The nearest other condo plan on file is Shangri-La Condominium, next door.

Plan CD160390 · New · accepted Jul 18, 2017 · AG record ↗

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FigureThis building1Justice Ave Tower2184 units · 0.5 miaccepted 2020Parkview380 units · 2.6 miaccepted 2020
Common ChargesPer Square Foot / Month$0.60Above peers$0.54$0.57
Average Offering PricePer Apartment$661,304Below peers$700,163$795,796
Average PricePer Square Foot$800Lowest$1,030$1,004
Property TaxesPer Square Foot / Month$0.07Lowest$0.96$0.97
Average Unit SizeSquare Feet827 SFLarger680 SF793 SF

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Unit mix, closings, budgets, finishes and the team, against Justice Ave Tower and Parkview, 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 closed99% of the homes in Schedule A137 of 138
Closing prices vs. Schedule A49 homes: $29,731,658 at closing against $28,823,200 in Schedule A (p. 32, p. 33, p. 34, p. 35)+3.2%
Average closing price49 homes, on their Schedule A square feet$825 / SF
Closingsfirst and latest recordedDec 30, 2019 – Oct 30, 2025

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 137 closings
HomeRecordedClosing priceSchedule ADifference
E-7GDec 30, 2019$690,271$632,800 p. 34+9.1%
E-6LDec 31, 2019$798,877$779,200 p. 34+2.5%
W-4FJan 21, 2020$595,676$520,000 p. 33+14.6%
E-3HJan 22, 2020$558,001$529,600 p. 32+5.4%
E-5DJan 22, 2020$544,764$484,800 p. 33+12.4%
E-5CJan 24, 2020$560,038$494,400 p. 33+13.3%
E-3CJan 30, 2020$538,145$494,400 p. 32+8.8%
E-6DJan 31, 2020$578,875$484,800 p. 34+19.4%
W-7JFeb 3, 2020$773,870$644,000 p. 34+20.2%
E-4JFeb 5, 2020$580,403$532,800 p. 33+8.9%
E-4DFeb 6, 2020$539,673$484,800 p. 33+11.3%
W-3FFeb 7, 2020$589,185$520,000 p. 32+13.3%
E-6GFeb 12, 2020$802,381$730,400 p. 34+9.9%
E-7HFeb 12, 2020$590,585$502,400 p. 34+17.6%
E-8FFeb 13, 2020$979,113$836,000 p. 35+17.1%
E-8GFeb 13, 2020$730,078$632,800 p. 35+15.4%
W-6GFeb 14, 2020$773,860$729,600 p. 34+6.1%
E-8CFeb 24, 2020$538,654$461,600 p. 35+16.7%
W-2FFeb 25, 2020$565,129$520,000 p. 32+8.7%
W-2BFeb 26, 2020$559,019$504,800 p. 32+10.7%
W-8FFeb 28, 2020$560,000$465,600 p. 35+20.3%
E-2CMar 2, 2020$560,038$494,400 p. 32+13.3%
E-3DMar 17, 2020$518,036$484,800 p. 32+6.9%
W-3AMar 23, 2020$802,381$757,600 p. 32+5.9%
E-7CMay 12, 2020$518,391$461,600 p. 34+12.3%
E-7EMay 12, 2020$529,490$455,200 p. 34+16.3%
W-8GMay 22, 2020$788,635$688,800 p. 35+14.5%
E-5HJun 17, 2020$575,311$529,600 p. 33+8.6%
E-6CJul 1, 2020$545,782$494,400 p. 34+10.4%
E-5AJul 7, 2020$760,934$746,400 p. 33+1.9%
W-5FJul 7, 2020$547,347$520,000 p. 33+5.3%
E-4GJul 9, 2020$728,049$701,600 p. 33+3.8%
E-8EJul 9, 2020$539,673$455,200 p. 35+18.6%
E-7DAug 28, 2020$499,902$436,000 p. 34+14.7%
E-2ASep 9, 2020$1,520,109one deed, 3 homes$746,400 p. 32—
E-2BSep 9, 2020$27,818,354one deed, 54 homes$536,000 p. 32—
E-2DSep 9, 2020$390,423$484,800 p. 32−19.5%
E-2ESep 9, 2020$755,984one deed, 2 homes$499,200 p. 32—
E-2FSep 9, 2020$27,818,354one deed, 54 homes$937,600 p. 32—
E-2GSep 9, 2020$3,757,695one deed, 8 homes$701,600 p. 32—
E-2HSep 9, 2020$1,520,109one deed, 3 homes$529,600 p. 32—
E-2JSep 9, 2020$27,818,354one deed, 54 homes$532,800 p. 32—
E-2KSep 9, 2020$27,818,354one deed, 54 homes$730,400 p. 32—
E-2LSep 9, 2020$27,818,354one deed, 54 homes$752,800 p. 32—
E-3ASep 9, 2020$2,014,918one deed, 4 homes$746,400 p. 32—
E-3ESep 9, 2020$27,818,354one deed, 54 homes$499,200 p. 32—
E-3FSep 9, 2020$27,818,354one deed, 54 homes$937,600 p. 32—
E-3GSep 9, 2020$997,892one deed, 2 homes$701,600 p. 32—
E-3JSep 9, 2020$27,818,354one deed, 54 homes$532,800 p. 32—
E-3KSep 9, 2020$27,818,354one deed, 54 homes$730,400 p. 32—
E-3LSep 9, 2020$27,818,354one deed, 54 homes$752,800 p. 32—
E-4ASep 9, 2020$2,014,918one deed, 4 homes$746,400 p. 33—
E-4BSep 9, 2020$27,818,354one deed, 54 homes$709,600 p. 33—
E-4CSep 9, 2020$27,818,354one deed, 54 homes$494,400 p. 33—
E-4ESep 9, 2020$3,757,695one deed, 8 homes$499,200 p. 33—
E-4FSep 9, 2020$27,818,354one deed, 54 homes$937,600 p. 33—
E-4HSep 9, 2020$2,014,918one deed, 4 homes$529,600 p. 33—
E-4KSep 9, 2020$537,472$730,400 p. 33−26.4%
E-4LSep 9, 2020$27,818,354one deed, 54 homes$752,800 p. 33—
E-5BSep 9, 2020$2,014,918one deed, 4 homes$709,600 p. 33—
E-5ESep 9, 2020$959,888one deed, 2 homes$499,200 p. 33—
E-5FSep 9, 2020$1,520,109one deed, 3 homes$937,600 p. 33—
E-5GSep 9, 2020$27,818,354one deed, 54 homes$701,600 p. 33—
E-5KSep 9, 2020$2,101,389one deed, 4 homes$730,400 p. 33—
E-5LSep 9, 2020$27,818,354one deed, 54 homes$752,800 p. 33—
E-6ASep 9, 2020$27,818,354one deed, 54 homes$746,400 p. 34—
E-6BSep 9, 2020$27,818,354one deed, 54 homes$709,600 p. 34—
E-6ESep 9, 2020$403,699$499,200 p. 34−19.1%
E-6FSep 9, 2020$27,818,354one deed, 54 homes$937,600 p. 34—
E-6HSep 9, 2020$27,818,354one deed, 54 homes$556,000 p. 34—
E-6KSep 9, 2020$27,818,354one deed, 54 homes$730,400 p. 34—
E-7ASep 9, 2020$2,291,673one deed, 4 homes$746,400 p. 34—
E-7BSep 9, 2020$27,818,354one deed, 54 homes$709,600 p. 34—
E-7FSep 9, 2020$2,101,389one deed, 4 homes$836,000 p. 34—
E-7JSep 9, 2020$1,103,092one deed, 2 homes$730,400 p. 34—
E-7KSep 9, 2020$3,757,695one deed, 8 homes$752,800 p. 34—
E-8ASep 9, 2020$1,723,248one deed, 3 homes$746,400 p. 35—
E-8BSep 9, 2020$27,818,354one deed, 54 homes$709,600 p. 35—
E-8JSep 9, 2020$2,101,389one deed, 4 homes$730,400 p. 35—
E-8KSep 9, 2020$27,818,354one deed, 54 homes$752,800 p. 35—
W-2ASep 9, 2020$27,818,354one deed, 54 homes$757,600 p. 32—
W-2CSep 9, 2020$1,103,092one deed, 2 homes$728,800 p. 32—
W-2DSep 9, 2020$2,291,673one deed, 4 homes$787,200 p. 32—
W-2ESep 9, 2020$27,818,354one deed, 54 homes$570,400 p. 32—
W-2GSep 9, 2020$27,818,354one deed, 54 homes$729,600 p. 32—
W-2HSep 9, 2020$27,818,354one deed, 54 homes$742,400 p. 32—
W-2JSep 9, 2020$27,818,354one deed, 54 homes$737,600 p. 32—
W-3BSep 9, 2020$27,818,354one deed, 54 homes$736,000 p. 32—
W-3CSep 9, 2020$997,892one deed, 2 homes$728,800 p. 32—
W-3DSep 9, 2020$27,818,354one deed, 54 homes$787,200 p. 32—
W-3ESep 9, 2020$27,818,354one deed, 54 homes$570,400 p. 32—
W-3GSep 9, 2020$27,818,354one deed, 54 homes$729,600 p. 32—
W-3HSep 9, 2020$27,818,354one deed, 54 homes$742,400 p. 32—
W-3JSep 9, 2020$3,757,695one deed, 8 homes$737,600 p. 32—
W-4ASep 9, 2020$3,757,695one deed, 8 homes$757,600 p. 33—
W-4BSep 9, 2020$27,818,354one deed, 54 homes$736,000 p. 33—
W-4CSep 9, 2020$27,818,354one deed, 54 homes$728,800 p. 33—
W-4DSep 9, 2020$571,527$787,200 p. 33−27.4%
W-4ESep 9, 2020$381,696$570,400 p. 33−33.1%
W-4GSep 9, 2020$3,757,695one deed, 8 homes$729,600 p. 33—
W-4JSep 9, 2020$27,818,354one deed, 54 homes$737,600 p. 33—
W-5ASep 9, 2020$566,227$757,600 p. 33−25.3%
W-5BSep 9, 2020$2,291,673one deed, 4 homes$736,000 p. 33—
W-5DSep 9, 2020$27,818,354one deed, 54 homes$787,200 p. 33—
W-5ESep 9, 2020$3,757,695one deed, 8 homes$570,400 p. 33—
W-5GSep 9, 2020$27,818,354one deed, 54 homes$729,600 p. 33—
W-5HSep 9, 2020$553,410$742,400 p. 33−25.5%
W-5JSep 9, 2020$27,818,354one deed, 54 homes$737,600 p. 33—
W-6ASep 9, 2020$27,818,354one deed, 54 homes$757,600 p. 34—
W-6BSep 9, 2020$1,723,248one deed, 3 homes$736,000 p. 34—
W-6CSep 9, 2020$27,818,354one deed, 54 homes$728,800 p. 34—
W-6DSep 9, 2020$27,818,354one deed, 54 homes$787,200 p. 34—
W-6ESep 9, 2020$27,818,354one deed, 54 homes$570,400 p. 34—
W-6FSep 9, 2020$27,818,354one deed, 54 homes$520,000 p. 34—
W-6HSep 9, 2020$959,888one deed, 2 homes$742,400 p. 34—
W-6JSep 9, 2020$27,818,354one deed, 54 homes$737,600 p. 34—
W-7ASep 9, 2020$27,818,354one deed, 54 homes$729,600 p. 34—
W-7BSep 9, 2020$2,291,673one deed, 4 homes$736,000 p. 34—
W-7CSep 9, 2020$27,818,354one deed, 54 homes$687,200 p. 34—
W-7DSep 9, 2020$575,493$739,200 p. 34−22.1%
W-7ESep 9, 2020$755,984one deed, 2 homes$541,600 p. 34—
W-7FSep 9, 2020$2,101,389one deed, 4 homes$465,600 p. 34—
W-7HSep 9, 2020$1,723,248one deed, 3 homes$748,000 p. 34—
W-8ASep 9, 2020$27,818,354one deed, 54 homes$729,600 p. 35—
W-8BSep 9, 2020$27,818,354one deed, 54 homes$736,000 p. 35—
W-8CSep 9, 2020$27,818,354one deed, 54 homes$687,200 p. 35—
W-8DSep 9, 2020$27,818,354one deed, 54 homes$739,200 p. 35—
W-8ESep 9, 2020$3,757,695one deed, 8 homes$465,600 p. 35—
W-8HSep 9, 2020$27,818,354one deed, 54 homes$748,000 p. 35—
W4HSep 9, 2020$27,818,354one deed, 54 homes$742,400 p. 33—
E-3BSep 10, 2020$662,636$709,600 p. 32−6.6%
E-5JSep 10, 2020$580,403$532,800 p. 33+8.9%
E-8DOct 20, 2020$492,804$436,000 p. 35+13%
W-5COct 21, 2020$762,502$728,800 p. 33+4.6%
W-8JDec 1, 2020$738,231$644,000 p. 35+14.6%
W-7GDec 31, 2020$523,257$688,800 p. 34−24%
E-6JOct 30, 2025$631,315$561,600 p. 34+12.4%

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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
Elmhurst Plaza Tower LLC
Principals
Ki Tai Yeung
Tax estimate
Ben Rottenstein Associates Inc.Prepared the first-year real estate tax projection
Construction lender
Cathay Bank$80.5 million recorded

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

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