THE CONDO BOOK PROJECT

58-01 Queens Boulevard Condominium

58-01 Queens Boulevard, Queens, NY 11377

Compare

Overview

Centric is a new 12-story, 131-unit condo on Queens Boulevard in Woodside, mostly one- and two-bedrooms. Its offering plan lists prices from about $620,000 to $1.53 million, a lean budget with contract staff instead of a doorman, a stacked parking system, and a sponsor that can keep renting units indefinitely.

  • What it is: a new 12-story building of about 127,600 gross sq ft on an 18,923 sq ft corner lot. The plan expected construction to be substantially complete around January 1, 2026.
  • Size: 131 apartments, 66 licensed parking spaces, 67 licensed storage spaces and 6 licensed roof terrace spaces. No commercial units.
  • Layouts: mostly one-bedrooms of about 450 to 650 sq ft and two-bedrooms of about 740 to 1,060 sq ft. Three homes (11B, 12A and 12C) have three bedrooms. Many units have a balcony or terrace, and four on the 12th floor have private roof terraces.
  • Offering prices: about $620,000 (unit 3A) to $1,531,200 (unit 12C) in the original plan, $114.4 million in total for the homes. These are asking prices, not sales, and the sponsor has filed five amendments since, so prices may have changed.
  • Common charges: roughly $304 to $1,001 a month under the sponsor's first-year projection.
  • Transit: the plan names the 7 train and the Q60 bus.

Compare

FigureThis building1Arcadia Woodside278 units · 0.2 miaccepted 2023Meridian Towers386 units · 1.5 miaccepted 2022
Common ChargesPer Square Foot / Month$0.68Above peers$0.66$0.52
Average Offering PricePer Apartment$872,956Above peers$760,170$699,190
Average PricePer Square Foot$1,238Above peers$1,141$1,197
Property TaxesPer Square Foot / Month$1.38Highest$1.00$0.90
Average Unit SizeSquare Feet705 SFLarger666 SF584 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Arcadia Woodside and Meridian Towers, 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.

Budget

What It Costs to Run

The sponsor projects a first-year budget of about $894,000 (January to December 2026). About $756,000 comes from common charges and about $138,000 from parking, storage and terrace license fees. The biggest lines:

Budget lineApprox. first-year cost
Common-area electricity$324,000
Contract staff (super and porter)$155,000
Water and sewer$102,000
Service contracts$90,000
Management fee$72,000
Insurance$70,000
Reserve fund$42,000

Electricity is the largest cost, at more than a third of the budget. Because the building heats and cools with electric heat pumps, common-area power covers more than in a building with a gas boiler. Read more on common charges and first-year operating budgets.

Property taxes: the plan estimates about $614 to $2,025 a month per unit, or $1.53 million for the building, with no tax abatement described. That total matches the tax consultant's estimate for the 2026/27 tax year, after construction. But a note under the price list says the estimate reflects the building before construction is complete. Assume taxes could rise. See how condo property taxes are estimated.

Good to know: a reserve study called for $78,500 in the first year, but the budget sets aside about $42,000. The plan says the gap can come from buyers' closing contributions, surplus or a special assessment. At closing you pay one month of common charges to working capital and one month to the reserve. There are two small inconsistencies in the budget. The legal and audit line shows $10,000, but its footnote adds up to $2,300. The labor line is about $155,000 even though the footnote says there's no payroll, because that money pays the outside contractor.

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

The Building

Finishes

Kitchens

Kitchens use GE appliances: an electric range (24-inch in one-bedrooms, 30-inch in larger homes), an over-the-range microwave, a refrigerator and a dishwasher. Three-bedroom homes get a 36-inch refrigerator. Cabinets have wood veneer doors over a particleboard box, with quartz or similar counters and a Kraus faucet.

Bathrooms

Baths have porcelain tile floors and walls, a Swiss Madison toilet, a Kingston Brass tub, a Glacier Bay sink and vanity, and Kraus faucets. For context, see bathroom brands in NYC condos.

Floors, Heating and Laundry

  • Floors: engineered wood in living areas, bedrooms and kitchens, glued over a sound-reducing adhesive on a 9-inch concrete slab.
  • Heating and cooling: an all-electric LG VRF heat pump system, with a ducted air handler and wall thermostat in each home. The plan says no boilers are used for space heating.
  • Laundry: the plan isn't consistent here. One section says every home gets a washer and dryer. The architect's specifications say each home gets a laundry closet with hookups and the buyer supplies the machines. Ask the sponsor, and get it into your contract. There's also a coin-operated laundry room in the cellar.
  • Utilities: you pay for your own electricity. Gas and water are on shared building meters and paid through common charges.

Compare with NYC condo finishes since 2010.

Listings: Centric, 58-01 Queens Boulevard on StreetEasy

Amenities, Staffing & Transportation

The shared spaces are modest and spread across the building:

  • Cellar: a podcast and music room for up to 7 people, a dog wash room, a laundry room, a 12-space bike room and two storage rooms with 67 lockable cages.
  • First floor: a fitness room for up to 27 people, a 54-space bike room, a package room and the mail area.
  • Second floor: a recreation room of about 1,300 sq ft with a kitchenette, billiards table and TV, plus a terrace of about 4,400 sq ft with an electric grill, sink, lounge seating and a children's play set.
  • 12th floor and roof: a lounge for up to 15 people, and a shared roof terrace of about 780 sq ft with a grill. The plan caps the shared roof terrace at 4 people at a time.

Good to know: amenities are first come, first served. The sponsor has up to 24 months after the first closing to finish all the common spaces, and owners get no credit if some aren't ready.

Tip: parking licenses were listed at $50,000 each, storage cages at about $15,000 and roof terrace licenses at $83,300 to $120,750. Each carries a monthly license fee. Read deeded vs. licensed parking and how condo storage is sold.

Staffing and Services

There's no doorman or front desk in the budget. The plan projects:

  • A part-time superintendent
  • A full-time porter who cleans the common areas and sidewalk and puts out trash

Both come from an outside contractor, not condo payroll. Other services are on contracts: elevator, extermination, fire alarm monitoring, an intercom app and window cleaning. See where condo common charges go for context.

Transportation

  • Subway: 8 min walk to 52 St 7; 61 St-Woodside 7, 9 min

Fine Print

What's Specific to It

  • A lean staff. The condo has no payroll. A part-time superintendent and a full-time porter come through an outside service contract.
  • Stacked parking. 60 of the 66 parking spaces are in a puzzle-style stacking system. Only 6 are at grade. Parking, storage and some roof terraces are sold as licenses, not deeded units.
  • Environmental controls stay with the building. Soil on the site needed cleanup. The building sits on a concrete cover and vapor barrier, with sub-slab venting. Once owners control the board, they're responsible for inspections and reports under a city Site Management Plan.
  • Townhouse units with cellar space. Units TA, TB and TC are one-bedroom townhouse homes with patios and 627 to 741 sq ft of cellar space. The plan says cellar space can't legally be used as a bedroom or living room.

Listing photos of Centric show you the finishes. The offering plan is the document the developer filed with the New York Attorney General. It tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.

Fine Print Worth Knowing

  • Sponsor control. The sponsor names the board for up to five years after the first closing, or until 30 days after every unit is sold. While it holds a unit, it can appoint one board member.
  • Environmental rules. Testing found an SVOC, a PCB, two pesticides and six metals above cleanup levels. The site keeps an E-designation for hazardous materials. Using groundwater, farming and vegetable gardening are banned, and the protective systems must be inspected and certified over time.
  • Winder stairs. The stairs from units 12A and 12B to their roof terraces are winders. The plan calls them hazardous and says they don't meet current design standards for egress stairs.
  • Public parking. Spaces not taken by residents can be rented to the public, but a resident who asks in writing gets priority within 30 days.
  • No warranty by law. The building is over five stories, so the state's housing merchant warranty doesn't apply. The sponsor assigns manufacturer warranties. You have 6 months to report visible defects and 12 months for hidden ones.
  • Contract terms. You pay the city and state transfer taxes, and the sponsor's attorney fee of $2,750 plus $250. You waive a jury trial. You can't list your unit for sale or rent until the sponsor sells out or a year after closing, whichever comes first. The board has a right of first refusal on resales and leases.
  • Facade inspections. The board pays for Local Law 11 facade inspections. The plan puts the inspector at about $5,000, and that cost isn't in the first-year budget.

Team

The plan doesn't name an interior designer.

Nearby

FAQ

How much are apartments at Centric?

The original offering plan priced homes from about $620,000 for a one-bedroom to $1,531,200 for a three-bedroom with a roof terrace. Most one-bedrooms were listed between about $700,000 and $800,000. The plan has been amended five times, so check the latest price list.

Does Centric have a doorman?

No. The budget pays for a part-time superintendent and a full-time porter through an outside contractor. There's a package room with key-fob access.

Is there parking at Centric?

Yes. There are 66 licensed spaces at $50,000 each in the original plan. Most are in a stacked puzzle system, and some have EV charging. Each space carries a monthly fee of about $153.

Where this comes from: the building's offering plan (CD230257), filed with the New York Attorney General, including its Schedule A price list and Schedule B first-year budget. The five later amendments weren't reviewed for this guide. Prices are the sponsor's original offering prices, not sales. Updated October 2026.