THE CONDO BOOK PROJECT

88-40 54 Avenue Condominium

88-40 54 Avenue, Queens, NY 11373

Overview

Units
7 residential
Subway
5 min walk to Grand Av-Newtown M RWoodhaven Blvd M R, 8 min
Principals
Rihong Zhang
Average $/sf
$992Homes in Schedule A, as first offered
Common charges
$223–$336 a monthSponsor's first-year estimate in Schedule A, February 1, 2026 - January 31, 2027
Offering price
$4.39 million total

The sponsor of record is 54-8840 LLC, represented by Hc Law & Associates, P.C.. The offering plan runs 329 pages. The sponsor has filed 1 amendment, the latest in June 2026. The nearest other condo plan on file is 88 Elmhurst Condominium, next door.

Plan CD250288 · New · accepted May 1, 2026 · AG record ↗

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
54-8840 LLC
Principals
Rihong Zhang

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

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