$42.5M condo plan with 54 units submitted in Flushing

The company Grand 147th Street Development LLC, submitted a condominium plan for 54 residential units at 42-18 147th Street in Flushing, Queens.

The condo plan, CD210168, has a sellout price of $42,576,000 with the New York State Attorney General. Wang Tat Lam is listed as the broker on the filing. There are no principals of the sponsor listed.

In November of 2016, new building plans were filed with the New York City Department of Buildings calling for the construction of a 64-foot tall, seven-story, 36,679-square-foot residential building with 53 dwelling units at the property.

The plans were permitted in the fall of 2020. No TCO has been issued yet.

Per the DOB plans, the ground floor of the building will have a lobby, one dwelling unit, and parking for 27 cars. Floors two through four will each have 10 dwelling units per floor, floors five and six will each have nine dwelling units per floor, while the seventh floor will have four dwelling units. The second and seventh floors will both have terraces.

Angelo Ng + Anthony Ng Architects Studio, PC is the architect for the project.

The developer purchased the property in 2018 for an undisclosed price, according to city records.