THE CONDO BOOK PROJECT

Greene

45-25 Davis Street/Aka 45-30 Pearson Street, Queens, NY 11101

Overview

Units
130 residential · 15 parking
Subway
3 min walk to Court Sq-23 St 7 E F G M21 St G, 6 min
Principals
Zhidong Wu, Amit Veeramachaneni
Average $/sf
$1,547Homes in Schedule A, as first offered
Offering price
$157.6 million total

The sponsor of record is Pearson Jv LLC**, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 380 pages. The sponsor has filed 11 amendments, the latest in July 2026. The nearest other condo plan on file is Court Square Condominium, next door.

Plan CD210284 · New · accepted Aug 2, 2022 · AG record ↗

Compare

FigureThis building1Eden270 units · 0.9 miaccepted 2022Meridian Towers386 units · 1 miaccepted 2022
Common ChargesPer Square Foot / Month$0.94Highest$0.69$0.52
Average Offering PricePer Apartment$1.17MHighest$838,057$699,190
Average PricePer Square Foot$1,547Highest$1,296$1,197
Average Unit SizeSquare Feet756 SFLargest646 SF584 SF

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Unit mix, closings, budgets, finishes and the team, against Eden and Meridian Towers, 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 closed97% of the homes in Schedule A126 of 130
Closing prices vs. Schedule A126 homes: $152,824,790 at closing against $147,699,000 in Schedule A (p. 43, p. 44, p. 45, p. 46, p. 47, p. 48, p. 49)+3.5%
Average closing price126 homes, on their Schedule A square feet$1,600 / SF
Closingsfirst and latest recordedFeb 16, 2023 – Jan 17, 2025

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 126 closings
HomeRecordedClosing priceSchedule ADifference
PH4CFeb 16, 2023$2,425,000$2,275,000 p. 48+6.6%
3FMar 2, 2023$510,000$510,000 p. 430%
5AMar 3, 2023$800,000$800,000 p. 430%
6FMar 7, 2023$610,000$600,000 p. 44+1.7%
4FMar 13, 2023$534,581$525,000 p. 43+1.8%
7EMar 15, 2023$660,000$660,000 p. 440%
3EMar 16, 2023$595,000$585,000 p. 43+1.7%
8CMar 16, 2023$1,360,000$1,360,000 p. 440%
4CMar 17, 2023$1,280,000$1,280,000 p. 430%
PH2AMar 17, 2023$1,868,489$1,850,000 p. 48+1%
7CMar 20, 2023$1,340,000$1,340,000 p. 440%
5CMar 21, 2023$1,300,000$1,300,000 p. 430%
6BMar 21, 2023$938,486$930,000 p. 44+0.9%
6CMar 21, 2023$1,320,000$1,320,000 p. 440%
13DMar 22, 2023$1,365,000$1,375,000 p. 46−0.7%
6EMar 27, 2023$645,000$645,000 p. 440%
13BMar 28, 2023$975,000$975,000 p. 460%
20BMar 28, 2023$1,135,349$1,115,000 p. 48+1.8%
4EMar 29, 2023$600,000$600,000 p. 430%
4AMar 30, 2023$795,000$785,000 p. 43+1.3%
7DMar 30, 2023$1,315,000$1,315,000 p. 440%
8AMar 30, 2023$885,000$845,000 p. 44+4.7%
20AMar 30, 2023$1,050,000$1,050,000 p. 480%
PH1AMar 30, 2023$1,934,675$1,840,000 p. 48+5.1%
8EMar 31, 2023$666,954$670,000 p. 45−0.5%
5EApr 3, 2023$641,498$630,000 p. 43+1.8%
5BApr 5, 2023$920,000$920,000 p. 430%
16DApr 5, 2023$1,560,000$1,410,000 p. 47+10.6%
17AApr 5, 2023$990,000$1,005,000 p. 47−1.5%
PH2CApr 6, 2023$2,385,000$2,235,000 p. 48+6.7%
9CApr 7, 2023$1,390,000$1,390,000 p. 450%
10BApr 7, 2023$997,885$960,000 p. 45+3.9%
6AApr 14, 2023$815,000$815,000 p. 440%
PH2DApr 17, 2023$1,195,000$1,195,000 p. 480%
10CApr 18, 2023$1,420,000$1,420,000 p. 450%
PH3DApr 19, 2023$1,220,000$1,210,000 p. 48+0.8%
12DApr 20, 2023$1,375,000$1,365,000 p. 46+0.7%
15BApr 20, 2023$999,922$985,000 p. 46+1.5%
18AApr 21, 2023$995,000$1,015,000 p. 47−2%
12BApr 24, 2023$1,065,000$970,000 p. 46+9.8%
9BApr 25, 2023$955,000$955,000 p. 450%
17BApr 25, 2023$1,090,000$1,060,000 p. 47+2.8%
8BApr 26, 2023$975,000$950,000 p. 44+2.6%
11AApr 28, 2023$935,000$915,000 p. 45+2.2%
15DMay 1, 2023$1,420,000$1,400,000 p. 46+1.4%
10AMay 2, 2023$925,000$895,000 p. 45+3.4%
19CMay 2, 2023$1,525,000$1,515,000 p. 47+0.7%
10EMay 3, 2023$690,000$690,000 p. 450%
5DMay 5, 2023$1,305,000$1,295,000 p. 43+0.8%
PH1DMay 5, 2023$1,190,000$1,180,000 p. 48+0.8%
7FMay 8, 2023$651,680$650,000 p. 44+0.3%
15CMay 8, 2023$1,515,000$1,495,000 p. 46+1.3%
4BMay 9, 2023$920,000$910,000 p. 43+1.1%
13AMay 9, 2023$955,000$935,000 p. 46+2.1%
12CMay 12, 2023$1,640,000$1,480,000 p. 46+10.8%
15AMay 16, 2023$990,000$970,000 p. 46+2.1%
9EMay 18, 2023$665,000$680,000 p. 45−2.2%
11CMay 18, 2023$1,460,000$1,450,000 p. 45+0.7%
19BMay 18, 2023$1,095,000$1,095,000 p. 470%
14AMay 23, 2023$975,000$955,000 p. 46+2.1%
6DMay 26, 2023$1,315,000$1,305,000 p. 44+0.8%
7BMay 31, 2023$950,000$940,000 p. 44+1.1%
12AJun 1, 2023$945,000$925,000 p. 46+2.2%
14BJun 1, 2023$997,885$980,000 p. 46+1.8%
16AJun 1, 2023$995,000$985,000 p. 47+1%
12EJun 5, 2023$720,000$710,000 p. 46+1.4%
19AJun 5, 2023$1,045,000$1,035,000 p. 47+1%
4DJun 7, 2023$1,491,736$1,285,000 p. 43+16.1%
16BJun 7, 2023$1,100,000$990,000 p. 47+11.1%
16CJun 7, 2023$1,680,000$1,500,000 p. 47+12%
11DJun 8, 2023$1,375,000$1,355,000 p. 45+1.5%
18BJun 8, 2023$1,170,000$1,075,000 p. 47+8.8%
11BJun 12, 2023$1,075,000$965,000 p. 45+11.4%
17CJun 13, 2023$1,535,000$1,505,000 p. 47+2%
PH4AJun 20, 2023$1,944,858$1,910,000 p. 48+1.8%
6GJun 21, 2023$790,000$770,000 p. 44+2.6%
8DJun 26, 2023$1,345,000$1,325,000 p. 44+1.5%
3DJun 28, 2023$1,290,000$1,280,000 p. 43+0.8%
7AJul 5, 2023$845,148$830,000 p. 44+1.8%
9AJul 5, 2023$905,000$875,000 p. 45+3.4%
15EJul 5, 2023$760,000$740,000 p. 46+2.7%
PH1BJul 6, 2023$1,620,000$1,600,000 p. 48+1.2%
17DJul 25, 2023$1,440,000$1,420,000 p. 47+1.4%
18DJul 26, 2023$1,460,000$1,430,000 p. 47+2.1%
20DJul 27, 2023$1,520,000$1,500,000 p. 48+1.3%
PH2BJul 28, 2023$1,665,000$1,635,000 p. 48+1.8%
18CJul 31, 2023$1,700,000$1,510,000 p. 47+12.6%
13CAug 16, 2023$1,505,000$1,485,000 p. 46+1.3%
14FAug 24, 2023$1,455,000$1,425,000 p. 46+2.1%
10DAug 29, 2023$1,375,000$1,345,000 p. 45+2.2%
14EAug 30, 2023$760,000$730,000 p. 46+4.1%
14DSep 1, 2023$1,415,000$1,385,000 p. 46+2.2%
11ESep 18, 2023$730,000$700,000 p. 45+4.3%
14CSep 18, 2023$1,520,000$1,490,000 p. 46+2%
PH3BSep 20, 2023$1,700,000$1,660,000 p. 48+2.4%
16FSep 27, 2023$1,665,000$1,455,000 p. 47+14.4%
19DSep 28, 2023$1,645,000$1,444,000 p. 47+13.9%
9DSep 29, 2023$1,365,000$1,335,000 p. 45+2.2%
7GOct 5, 2023$845,148$790,000 p. 44+7%
8FOct 30, 2023$1,375,000$1,335,000 p. 45+3%
20COct 31, 2023$1,568,105$1,530,000 p. 48+2.5%
19FNov 17, 2023$1,568,105$1,500,000 p. 48+4.5%
PH3ANov 22, 2023$1,893,945$1,860,000 p. 48+1.8%
17FNov 28, 2023$1,537,558$1,470,000 p. 47+4.6%
3CDec 6, 2023$1,435,733$1,260,000 p. 43+13.9%
PH1CJan 9, 2024$2,265,000$2,225,000 p. 48+1.8%
5GJan 10, 2024$797,290$750,000 p. 44+6.3%
13FFeb 21, 2024$1,476,463$1,410,000 p. 46+4.7%
PH4DMar 1, 2024$1,338,999$1,285,000 p. 49+4.2%
PH3CMar 8, 2024$2,326,701$2,245,000 p. 48+3.6%
5FApr 10, 2024$585,494$575,000 p. 43+1.8%
3GApr 12, 2024$773,870$720,000 p. 43+7.5%
4GApr 15, 2024$784,053$730,000 p. 43+7.4%
9FApr 16, 2024$1,415,368$1,350,000 p. 45+4.8%
PH4BMay 15, 2024$1,776,846$1,695,000 p. 48+4.8%
20FAug 12, 2024$1,756,481$1,515,000 p. 48+15.9%
10FAug 16, 2024$1,430,641$1,365,000 p. 45+4.8%
18FAug 30, 2024$1,563,014$1,485,000 p. 47+5.3%
13ESep 4, 2024$773,870$720,000 p. 46+7.5%
17ESep 9, 2024$814,600$760,000 p. 47+7.2%
15FSep 25, 2024$1,560,000$1,440,000 p. 47+8.3%
16ESep 27, 2024$773,870$750,000 p. 47+3.2%
11FOct 11, 2024$1,500,000$1,380,000 p. 45+8.7%
2SOct 18, 2024$1,002,976$985,000 p. 43+1.8%
12FOct 18, 2024$1,461,189$1,395,000 p. 46+4.7%
20EJan 17, 2025$855,330$790,000 p. 48+8.3%

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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
Pearson Jv LLC**
Principals
Zhidong Wu, Amit Veeramachaneni
Tax estimate
Highpoint Incentive IncPrepared the first-year real estate tax projection
Construction lender
Preferred Bank$64.2 million recorded

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

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