THE CONDO BOOK PROJECT

8827 Elmhurst Condominium

88-27 53rd Avenue, Queens, NY 11373

Compare

Overview

Units
7 residential · 2 parking
Subway
3 min walk to Grand Av-Newtown M RWoodhaven Blvd M R, 10 min
Principals
Ji Juan Lin
Average $/sf
$378Homes in Schedule A, as first offered
Common charges
$192–$379 a monthSponsor's first-year estimate in Schedule A, July 1, 2017 - June 30, 2018
Offering price
$2.08 million total

The sponsor of record is 8827 Realty Inc., represented by Lawrence Lixin Yang, P.C.. The offering plan runs 243 pages. The sponsor has filed 4 amendments, the latest in July 2023. The nearest other condo plan on file is Broadway Condominium I, next door.

Plan CD130306 · Conversion · accepted Jul 10, 2018 · AG record ↗

Compare

FigureThis building1Six Brothers27 units · 1.3 miaccepted 20205105 Junction35 units · 0.5 miaccepted 2021
Common ChargesPer Square Foot / Month$0.33Below peers$0.36$0.41
Average Offering PricePer Apartment$288,000Lowest$382,857$448,000
Average PricePer Square Foot$378Below peers$422$438
Property TaxesPer Square Foot / Month$0.03Lowest$0.06$0.49
Average Unit SizeSquare Feet763 SFSmallest907 SF1,022 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Six Brothers and 5105 Junction, 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 closed100% of the homes in Schedule A7 of 7
Closing prices vs. Schedule A7 homes: $2,022,071 at closing against $2,016,000 in Schedule A (p. 19)+0.3%
Average closing price7 homes, on their Schedule A square feet$379 / SF
Closingsfirst and latest recordedJun 21, 2023 – Jul 6, 2023

Sales recorded with the Department of Finance (ACRIS) through Oct 31, 2025: 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 7 closings
HomeRecordedClosing priceSchedule ADifference
1AJun 21, 2023$441,090$435,000 p. 19+1.4%
2BJul 5, 2023$243,000$249,000 p. 19−2.4%
3AJul 5, 2023$244,380$249,000 p. 19−1.9%
2AJul 6, 2023$249,471$249,000 p. 19+0.2%
3BJul 6, 2023$253,544$249,000 p. 19+1.8%
4AJul 6, 2023$366,570$365,000 p. 19+0.4%
4BJul 6, 2023$224,015$220,000 p. 19+1.8%

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
8827 Realty Inc.
Principals
Ji Juan Lin

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

Nearby