THE CONDO BOOK PROJECT

Rego Parc Condominium

62-98 Woodhaven Boulevard, Queens, NY 11374

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Overview

Units
92 residential · 102 parking · 7 commercial
Subway
13 min walk to Woodhaven Blvd M R63 Dr-Rego Park M R, 14 min
Developer
Rise Up Realty Group LLC
Principals
Maohua Dong, Ming Jie Chen, Yong Qiu, Aiyun Chen, Hongliang Lin, Yuzheng Miao, Zhi Chen
Offering price
$73.7 million total $65.4 million when first offered

The sponsor of record is 62-98 Realty LLC, represented by Dylan Chan Law Firm. The offering plan runs 377 pages. The sponsor has filed 6 amendments, the latest in December 2021. The nearest other condo plan on file is Woodhaven Tower, 0.4 mi away.

Plan CD180332 · New · accepted Feb 11, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan92 of 92
Closingsfirst and latest recordedFeb 25, 2020 – Jan 10, 2024

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 92 closings
HomeRecordedClosing priceSchedule ADifference
2KFeb 25, 2020$489,104——
3FFeb 25, 2020$375,376——
4BFeb 25, 2020$483,731——
2CFeb 26, 2020$699,650one deed, 2 homes——
2LFeb 26, 2020$631,315——
5AFeb 26, 2020$760,000one deed, 3 homes——
5DFeb 26, 2020$504,224one deed, 2 homes——
4IFeb 27, 2020$636,406——
4LFeb 27, 2020$617,259——
5HFeb 27, 2020$526,488——
6NFeb 27, 2020$730,442——
3HFeb 28, 2020$494,073——
4DFeb 28, 2020$496,809one deed, 2 homes——
5LFeb 28, 2020$621,151——
2AMar 2, 2020$698,700——
3AMar 2, 2020$679,000——
3LMar 2, 2020$687,676one deed, 2 homes——
5EMar 2, 2020$478,964one deed, 2 homes——
2QMar 3, 2020$486,028——
3GMar 3, 2020$494,377——
5BMar 5, 2020$497,233——
2FMar 6, 2020$373,186——
3KMar 6, 2020$469,444——
4AMar 6, 2020$678,636——
4HMar 12, 2020$523,394——
2OMar 16, 2020$766,038one deed, 2 homes——
6IMar 25, 2020$644,215——
3CMar 26, 2020$725,308one deed, 3 homes——
4EMar 27, 2020$567,179one deed, 2 homes——
5OMar 31, 2020$741,027——
4FApr 10, 2020$377,530——
6JMay 1, 2020$565,442——
3NMay 19, 2020$664,213one deed, 2 homes——
3QMay 26, 2020$451,989——
6HJun 5, 2020$496,168——
5NJun 25, 2020$603,118——
4NJul 10, 2020$635,402one deed, 2 homes——
5RJul 17, 2020$483,520——
5GJul 20, 2020$498,730——
3PAug 18, 2020$408,889——
2NSep 9, 2020$609,945one deed, 2 homes——
4GSep 22, 2020$526,749——
5ISep 28, 2020$694,760one deed, 2 homes——
2BOct 21, 2020$538,668one deed, 2 homes——
5FNov 16, 2020$380,572——
2PNov 20, 2020$430,258——
4PNov 20, 2020$423,160——
4RNov 24, 2020$454,594——
6EDec 18, 2020$588,862one deed, 2 homes——
5PDec 23, 2020$420,810——
3ODec 28, 2020$718,435——
4KJan 20, 2021$487,042——
6BApr 19, 2021$680,191one deed, 2 homes——
6CApr 23, 2021$543,746——
5SApr 26, 2021$705,961one deed, 2 homes——
6KJun 21, 2021$493,090——
2JJul 19, 2021$496,860——
6LAug 13, 2021$628,274——
2HAug 23, 2021$495,000——
5CAug 31, 2021$648,939——
6DSep 23, 2021$473,860——
4ONov 18, 2021$458,650one deed, 2 homes——
2IDec 9, 2021$626,474——
2GDec 16, 2021$498,910——
4CDec 16, 2021$659,058——
4QDec 16, 2021$525,000one deed, 2 homes——
6FDec 16, 2021$382,300——
3DJan 19, 2022$430,950——
3EJan 21, 2022$489,070——
6PFeb 2, 2022$524,649one deed, 2 homes——
4MFeb 3, 2022$485,242——
3BFeb 16, 2022$475,102——
2MMar 25, 2022$455,029——
6RApr 22, 2022$523,694one deed, 2 homes——
6GApr 29, 2022$399,360——
4JMay 4, 2022$545,314——
2EMay 5, 2022$477,130——
3IMay 13, 2022$663,913——
6AMay 17, 2022$447,496——
6QMay 19, 2022$474,060——
6MMay 25, 2022$507,022——
3MJun 9, 2022$529,490one deed, 2 homes——
2RJun 24, 2022$504,280——
5KJul 14, 2022$499,210——
6OJul 15, 2022$403,143——
5JJul 25, 2022$556,696——
3ROct 21, 2022$391,726——
5QOct 21, 2022$407,950one deed, 2 homes——
3JMar 13, 2023$458,350one deed, 2 homes——
5MMar 28, 2023$507,436——
2DOct 12, 2023$455,000——
X1Jan 10, 2024$456,300——

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Closings are for subscribers

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
62-98 Realty LLC
Developer
Rise Up Realty Group LLC
Principals
Maohua Dong, Ming Jie Chen, Yong Qiu, Aiyun Chen, Hongliang Lin, Yuzheng Miao, Zhi Chen
Tax estimate
Thomas E. BerinatoPrepared the first-year real estate tax projection
Construction lender
Investors Bank$19.1 million loan stated in the plan

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