5-41 47th Road Condominium
5-41 47th Road, Queens, NY 11101
Overview
- Units
- 3 residential
- Subway
- 4 min walk to Vernon Blvd-Jackson Av 721 St G, 6 min
- Principals
- Tien Vominh
- Average $/sf
- $876Homes in Schedule A, as first offered
- Common charges
- $574–$574 a monthSponsor's first-year estimate in Schedule A, April 1, 2014
- Offering price
- $4.6 million total
- Floor plans
- Page 122 of the plan
The sponsor of record is 5-41 47th Road LLC, represented by Sichenzia Ross Ference LLP. The offering plan runs 208 pages. The sponsor has filed 5 amendments, the latest in December 2017. The nearest other condo plan on file is Greystone Condominium, next door.
Plan CD130155 · New · accepted Jan 15, 2014 · AG record ↗
Compare
| Figure | This building1 | Corner At Eleven222 units · 0.2 miaccepted 2015 | Monarch321 units · 0.1 miaccepted 2016 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.33Lowest | $0.54 | $0.78 |
| Average Offering PricePer Apartment | $1.53MHighest | $923,182 | $1.03M |
| Average PricePer Square Foot | $876Below peers | $1,003 | $1,081 |
| Average Unit SizeSquare Feet | 1,751 SFLargest | 920 SF | 954 SF |
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Unit mix, closings, budgets, finishes and the team, against Corner At Eleven and Monarch, cited to the offering plans. No credit card required.
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- 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $5,815,628 at closing against $4,600,000 in Schedule A (p. 29) | +26.4% |
| Average closing price3 homes, on their Schedule A square feet | $1,107 / SF |
| Closingsfirst and latest recorded | Feb 15, 2015 – Dec 21, 2018 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2025: 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2A | Feb 15, 2015 | $1,802,303 | $1,375,000 p. 29 | +31.1% |
| 1A | Jul 9, 2015 | $2,138,325 | $1,850,000 p. 29 | +15.6% |
| 2B | Dec 21, 2018 | $1,875,000 | $1,375,000 p. 29 | +36.4% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- 5-41 47th Road LLC
- Principals
- Tien Vominh
- Counsel
- Sichenzia Ross Ference LLP
- Construction lender
- BCB Community Bank$1.53 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Greystone Condominiumnext door · 12 units · 4 parking · 2018
- Vernon Iii Condominiumnext door · 6 units · 2018
- Solarium Condominiumnext door · 35 units · 20 parking · 2009
- Vernon Ii Condominiumnext door · 6 units · 2018
- Vernon I Condominiumnext door · 6 units · 2018
- 533 48th Avenue Condominiumnext door · 43 units · 2019