THE CONDO BOOK PROJECT

Sunlight Terrace Condominium

52-16 Roosevelt Avenue, Queens, NY 11377

Overview

Units
10 residential · 3 commercial
Subway
1 min walk to 52 St 746 St-Bliss St 7, 7 min
Principals
Li Li Ma, Weiye Luo
Common charges
$345–$4,675 a monthSponsor's first-year estimate in Schedule A, July 1, 2022- June 30, 2023
Offering price
$11.7 million total $10.1 million when first offered

The sponsor of record is 5216 Roosevelt Ave LLC, represented by Eial Girtz, PC. The offering plan runs 311 pages. The sponsor has filed 4 amendments, the latest in August 2025. The nearest other condo plan on file is Woodside Residence Condominium, next door.

Plan CD210141 · New · accepted Jan 18, 2022 · AG record ↗

Compare

FigureThis building1Astoria Proper210 units · 1.7 miaccepted 2022Alta310 units · 1.5 miaccepted 2020
Average Offering PricePer Apartment$840,750In line$869,325$831,171

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Astoria Proper and Alta, cited to the offering plans. No credit card required.

Create a free account
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 closed92% of the homes in Schedule A11 of 12
Closing prices vs. Schedule A11 homes: $6,526,742 at closing against $5,678,000 in Schedule A (p. 38)+14.9%
Closingsfirst and latest recordedJun 29, 2023 – Sep 14, 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
3BJun 29, 2023$462,384$290,000 p. 38+59.4%
3CJun 29, 2023$570,220$347,000 p. 38+64.3%
4BJun 29, 2023$475,000$290,000 p. 38+63.8%
4CJul 3, 2023$590,585$347,000 p. 38+70.2%
2CSep 19, 2023$570,220$347,000 p. 38+64.3%
2BSep 22, 2023$410,670$290,000 p. 38+41.6%
2ASep 26, 2025$385,000$314,000 p. 38+22.6%
4ASep 26, 2025$385,000$314,000 p. 38+22.6%
5AApr 17, 2026$988,000$841,000 p. 38+17.5%
3AJun 5, 2026$370,000$314,000 p. 38+17.8%
1ASep 14, 2026$1,319,663$1,984,000 p. 38−33.5%

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
5216 Roosevelt Ave LLC
Principals
Li Li Ma, Weiye Luo
Construction lender
Cathay Bank$3.5 million recorded

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

Nearby