THE CONDO BOOK PROJECT

Rego Tower 64th Road Condominium

97-29 64th Road, Queens, NY 11374

Compare

Overview

Units
35 residential · 1 parking · 3 commercial
Subway
3 min walk to 63 Dr-Rego Park M R67 Av M R, 7 min
Principals
Hanjun Bai, Linlin Zhuo
Average $/sf
$1,080Homes in Schedule A, as first offered
Common charges
$240–$700 a monthSponsor's first-year estimate in Schedule A, July 1, 2020 to June 30, 2021
Offering price
$63.2 million total

The sponsor of record is 64 Road LLC, represented by Sichenzia Ross Ference LLP. The offering plan runs 367 pages. The sponsor has filed 2 amendments, the latest in April 2021. The nearest other condo plan on file is Great Stone Tower Condominium, next door.

Plan CD190398 · New · accepted May 15, 2020 · AG record ↗

Compare

FigureThis building1Golden Garden223 units · 1.1 miaccepted 2020Polaris334 units · 2 miaccepted 2021
Common ChargesPer Square Foot / Month$0.47Highest$0.33$0.37
Average Offering PricePer Apartment$739,588In line$1.06M$590,529
Average PricePer Square Foot$1,080Above peers$1,046$813
Property TaxesPer Square Foot / Month$0.41Below peers$1.00$0.48
Average Unit SizeSquare Feet685 SFSmaller1,016 SF726 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Golden Garden and Polaris, 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 A35 of 35
Closing prices vs. Schedule A35 homes: $22,497,740 at closing against $25,885,582 in Schedule A (p. 45, p. 46)−13.1%
Average closing price35 homes, on their Schedule A square feet$938 / SF
Closingsfirst and latest recordedJul 27, 2021 – Jul 27, 2022

Sales recorded with the Department of Finance (ACRIS) through Mar 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 35 closings
HomeRecordedClosing priceSchedule ADifference
4AJul 27, 2021$713,590$780,632 p. 45−8.6%
8AJul 27, 2021$545,782$590,680 p. 46−7.6%
5AJul 28, 2021$529,490$572,680 p. 45−7.5%
6GJul 28, 2021$544,764$621,220 p. 45−12.3%
7AJul 29, 2021$548,837$583,680 p. 45−6%
6BAug 3, 2021$519,308$558,110 p. 45−7%
8BAug 5, 2021$501,692$571,110 p. 46−12.2%
8GAug 5, 2021$544,764$634,220 p. 46−14.1%
5GAug 13, 2021$527,410$616,220 p. 45−14.4%
6AAug 13, 2021$539,673$577,680 p. 45−6.6%
7CAug 18, 2021$531,701$580,590 p. 45−8.4%
5BAug 19, 2021$499,902$553,110 p. 45−9.6%
5FAug 31, 2021$446,160$546,180 p. 45−18.3%
6FAug 31, 2021$476,073$551,180 p. 45−13.6%
9CSep 1, 2021$1,272,813$1,580,000 p. 46−19.4%
8DSep 2, 2021$762,160$842,411 p. 46−9.5%
6CSep 17, 2021$529,490$574,590 p. 45−7.8%
7GSep 23, 2021$568,346$627,220 p. 45−9.4%
5DSep 29, 2021$687,319$816,411 p. 45−15.8%
5CSep 30, 2021$514,216$569,590 p. 45−9.7%
8CSep 30, 2021$538,654$587,590 p. 46−8.3%
5EOct 6, 2021$680,191$806,474 p. 45−15.7%
6DOct 6, 2021$710,000$823,411 p. 45−13.8%
8FOct 13, 2021$486,940$564,180 p. 46−13.7%
4BOct 26, 2021$668,000$813,158 p. 45−17.9%
7DOct 26, 2021$750,642$832,411 p. 45−9.8%
4COct 29, 2021$667,972$780,632 p. 45−14.4%
7FNov 4, 2021$476,668$557,180 p. 45−14.4%
7BNov 12, 2021$524,399$564,110 p. 45−7%
9BNov 24, 2021$1,254,484$1,500,000 p. 46−16.4%
6EJan 6, 2022$687,573$813,474 p. 45−15.5%
8EMar 24, 2022$687,574$832,474 p. 46−17.4%
7EMar 25, 2022$687,574$822,474 p. 45−16.4%
9DApr 8, 2022$661,863$740,500 p. 46−10.6%
9AJul 27, 2022$1,211,718$1,500,000 p. 46−19.2%

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
64 Road LLC
Principals
Hanjun Bai, Linlin Zhuo
Tax estimate
Highpoint Incentives, Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$24 million recorded

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

Nearby