THE CONDO BOOK PROJECT

Queens Mansion

82-23 Queens Boulevard, Queens, NY 11373

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Overview

Units
30 residential · 3 commercial
Subway
5 min walk to Grand Av-Newtown M RElmhurst Av M R, 8 min
Principals
Bo Jin Zhu, Wing Fung Chau
Average $/sf
$512Homes in Schedule A, as first offered
Common charges
$85–$734 a monthSponsor's first-year estimate in Schedule A, July 1, 2013 - June 30, 2014
Offering price
$17.2 million total

The sponsor of record is 8225 Queens Mansion, LLC, represented by Dai & Associates, P.C.. The offering plan runs 246 pages. The sponsor has filed 1 amendment, the latest in January 2014. The nearest other condo plan on file is Elmhurst Manor Condominium, next door.

Plan CD120157 · New · accepted Feb 15, 2013 · AG record ↗

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FigureThis building1Dongan Tower235 units · 0.1 miaccepted 2016Pople Manor337 units · 2.8 miaccepted 2010
Common ChargesPer Square Foot / Month$0.15Lowest$0.26$0.31
Average Offering PricePer Apartment$505,727In line$551,595$403,265
Average PricePer Square Foot$512In line$499$568
Property TaxesPer Square Foot / Month$0.08In line$0.09$0.04
Average Unit SizeSquare Feet987 SFIn line1,105 SF711 SF

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Unit mix, closings, budgets, finishes and the team, against Dongan Tower and Pople Manor, 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 A32 of 33
Closing prices vs. Schedule A32 homes: $12,519,424 at closing against $15,504,000 in Schedule A (p. 22, p. 23)−19.3%
Average closing price32 homes, on their Schedule A square feet$404 / SF
Closingsfirst and latest recordedOct 14, 2014 – Jun 22, 2026

Sales recorded with the Department of Finance (ACRIS) through Jul 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 32 closings
HomeRecordedClosing priceSchedule ADifference
2AOct 14, 2014$446,160$437,000 p. 22+2.1%
2BOct 14, 2014$271,752$284,000 p. 22−4.3%
3EOct 14, 2014$255,528$284,000 p. 22−10%
2FOct 15, 2014$372,544$400,000 p. 22−6.9%
3BOct 15, 2014$255,934$284,000 p. 22−9.9%
4COct 15, 2014$463,763$482,000 p. 22−3.8%
5AOct 15, 2014$354,089$437,000 p. 22−19%
5BOct 15, 2014$240,480$284,000 p. 22−15.3%
5COct 15, 2014$391,323$482,000 p. 22−18.8%
5DOct 15, 2014$328,536$405,000 p. 22−18.9%
5EOct 15, 2014$287,976$284,000 p. 23+1.4%
5FOct 15, 2014$334,296$400,000 p. 23−16.4%
6EOct 15, 2014$273,780$284,000 p. 23−3.6%
3CJan 14, 2015$496,860$482,000 p. 22+3.1%
6DJan 14, 2015$405,600$405,000 p. 23+0.1%
6FJan 14, 2015$420,810$400,000 p. 23+5.2%
6BJan 28, 2015$210,060$284,000 p. 23−26%
3AJan 30, 2015$507,000$437,000 p. 22+16%
3FJan 30, 2015$507,000$400,000 p. 22+26.8%
6CJan 30, 2015$529,490$482,000 p. 23+9.9%
4DFeb 27, 2015$379,743$405,000 p. 22−6.2%
4EFeb 27, 2015$268,862$284,000 p. 22−5.3%
4FMar 18, 2015$374,815$400,000 p. 22−6.3%
3DMar 27, 2015$519,308$405,000 p. 22+28.2%
2DSep 11, 2015$410,670$405,000 p. 22+1.4%
2ESep 11, 2015$304,200$284,000 p. 22+7.1%
4ASep 11, 2015$505,986$437,000 p. 22+15.8%
4BSep 11, 2015$263,640$284,000 p. 22−7.2%
6AOct 20, 2015$432,978$437,000 p. 23−0.9%
2CMar 21, 2016$539,673$482,000 p. 22+12%
1CDec 10, 2024$800,000$2,449,000 p. 22−67.3%
1AJun 22, 2026$366,570$1,595,000 p. 22−77%

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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
8225 Queens Mansion, LLC
Principals
Bo Jin Zhu, Wing Fung Chau

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

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