THE CONDO BOOK PROJECT

Elm 51 Condominium

87-22 51st Avenue, Queens, NY 11373

Overview

Units
44 residential · 22 parking · 2 commercial
Subway
4 min walk to Grand Av-Newtown M RElmhurst Av M R, 9 min
Offering price
$33.2 million total $29.1 million when first offered

The sponsor of record is Elmhurst Realty LP, represented by S. Seth Yavne Attorney At Law. The sponsor has filed 5 amendments, the latest in July 2018. The nearest other condo plan on file is Broadway Condominium Ii, next door.

Plan CD160344 · New · accepted Apr 5, 2017 · AG record ↗

Closings Pro

Homes closed73% of the homes in the plan32 of 44
Closingsfirst and latest recordedJan 11, 2018 – Aug 10, 2022

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2024: 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
3CJan 11, 2018$845,148——
4EJan 22, 2018$590,585one deed, 2 homes——
2BJan 23, 2018$804,418——
3IJan 25, 2018$486,720——
3FFeb 14, 2018$544,764——
4FFeb 14, 2018$570,220——
3JFeb 23, 2018$651,680one deed, 2 homes——
4JFeb 23, 2018$615,838——
3EMar 1, 2018$519,308——
2DMar 15, 2018$769,797——
3DMar 16, 2018$794,235——
1BMar 22, 2018$456,300one deed, 2 homes——
3BMar 23, 2018$918,462one deed, 2 homes——
1DMar 28, 2018$354,900——
1AApr 9, 2018$395,460——
4BApr 9, 2018$630,297——
2HApr 13, 2018$370,110——
2JApr 16, 2018$595,676——
4AApr 20, 2018$659,826——
1CApr 23, 2018$354,900——
2EApr 23, 2018$486,720——
3AApr 23, 2018$685,282one deed, 2 homes——
4IMay 25, 2018$491,790——
2IJun 22, 2018$481,650——
4HJun 25, 2018$413,712——
2CJul 26, 2018$843,111one deed, 2 homes——
2GJul 26, 2018$814,600one deed, 2 homes——
3HAug 24, 2018$375,180——
2AAug 29, 2018$605,859——
4DOct 12, 2018$868,567one deed, 2 homes——
2FOct 19, 2018$580,403one deed, 2 homes——
3GAug 10, 2022$790,000——

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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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Team

Sponsor
Elmhurst Realty LP

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

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