THE CONDO BOOK PROJECT

One Waterline Square Condominium

10 Riverside Boulevard, Manhattan, NY 10023

Overview

Units
56 residential · 1 parking · 48 storage · 1 commercial
Subway
13 min walk to 59 St-Columbus Circle 1 A B C D66 St-Lincoln Center 1, 15 min
Principals
John F. Gagnier
Average $/sf
$2,905Homes in Schedule A, as first offered
Common charges
$2,037–$13,541 a monthSponsor's first-year estimate in Schedule A, September 1, 2019-August 31, 2020
Offering price
$668,185 total

The sponsor of record is Rcb3 Residential For Sale LLC, represented by Kramer Levin Naftalis & Frankel, LLP. The offering plan runs 936 pages. The sponsor has filed 12 amendments, the latest in April 2024. The nearest other condo plan on file is Three Waterline Square Condominium, next door.

Plan CD160351 · New · accepted May 31, 2017 · AG record ↗

Compare

FigureThis building1Three Waterline Square247 units · 0.1 miaccepted 2017Siva Tower380 units · 0.2 miaccepted 2019
Common ChargesPer Square Foot / Month$1.96In line$2.54$1.41
Average Offering PricePer Apartment$5.61MHighest$3.96M$2.99M
Average PricePer Square Foot$2,905Above peers$2,591$2,303
Property TaxesPer Square Foot / Month$0.08Lowest$2.24$1.29
Average Unit SizeSquare Feet1,930 SFLargest1,527 SF1,336 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Three Waterline Square and Siva Tower, cited to the offering plans. No credit card required.

Create a free account
How We Got This
  • Comps: the closest Manhattan 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 A56 of 56
Closing prices vs. Schedule A56 homes: $296,186,040 at closing against $313,885,000 in Schedule A (p. 101, p. 102)−5.6%
Average closing price56 homes, on their Schedule A square feet$2,741 / SF
Closingsfirst and latest recordedFeb 12, 2020 – Jun 20, 2023

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 2026: 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 56 closings
HomeRecordedClosing priceSchedule ADifference
29EFeb 12, 2020$4,154,460$4,055,000 p. 101+2.5%
27EFeb 18, 2020$4,067,909$3,995,000 p. 101+1.8%
30EFeb 21, 2020$4,139,186$4,065,000 p. 101+1.8%
32EApr 3, 2020$4,143,820$4,125,000 p. 101+0.5%
35EApr 6, 2020$3,880,000$4,215,000 p. 102−7.9%
29FApr 10, 2020$3,003,838$2,950,000 p. 101+1.8%
31EApr 14, 2020$4,132,367$4,095,000 p. 101+0.9%
32FApr 15, 2020$4,504,000$5,015,000 p. 101−10.2%
30BApr 17, 2020$5,463,000$6,040,000 p. 101−9.6%
28FApr 20, 2020$2,633,000$2,925,000 p. 101−10%
28BMay 12, 2020$6,503,811$6,445,000 p. 101+0.9%
27BMay 15, 2020$5,750,000$6,375,000 p. 101−9.8%
33AMay 18, 2020$5,616,000$6,210,000 p. 101−9.6%
31DMay 29, 2020$3,320,000$3,625,000 p. 101−8.4%
27DJun 8, 2020$3,530,000$3,895,000 p. 101−9.4%
29DJun 8, 2020$3,586,500$3,955,000 p. 101−9.3%
28CJun 12, 2020$3,485,000$3,795,000 p. 101−8.2%
28AJun 15, 2020$4,950,000$5,470,000 p. 101−9.5%
28DJun 15, 2020$3,663,000$3,925,000 p. 101−6.7%
31BJun 30, 2020$5,500,000$6,110,000 p. 101−10%
29BJul 21, 2020$6,633,899$6,515,000 p. 101+1.8%
33EJul 30, 2020$3,757,000$4,155,000 p. 101−9.6%
28EAug 13, 2020$4,098,456$4,025,000 p. 101+1.8%
27AAug 25, 2020$5,096,902$5,400,000 p. 101−5.6%
27COct 1, 2020$3,491,400$3,765,000 p. 101−7.3%
36AOct 20, 2020$15,500,000$15,500,000 p. 1020%
30CDec 8, 2020$5,989,000$6,675,000 p. 101−10.3%
29CDec 23, 2020$3,469,500$3,825,000 p. 101−9.3%
31ADec 23, 2020$5,450,001$6,070,000 p. 101−10.2%
31CFeb 3, 2021$3,542,200$3,950,000 p. 101−10.3%
33DApr 13, 2021$3,315,252$3,685,000 p. 101−10%
35AJun 30, 2021$5,673,000$6,350,000 p. 102−10.7%
30AJul 27, 2021$5,487,000$6,000,000 p. 101−8.6%
35DJul 29, 2021$3,400,000$3,745,000 p. 102−9.2%
29AAug 20, 2021$4,960,000$5,540,000 p. 101−10.5%
35BSep 3, 2021$5,745,900$6,390,000 p. 102−10.1%
34DSep 28, 2021$3,379,500$3,715,000 p. 102−9%
32DSep 30, 2021$3,344,000$3,655,000 p. 101−8.5%
32AOct 8, 2021$5,615,000$6,140,000 p. 101−8.6%
34AOct 29, 2021$5,927,984$6,280,000 p. 101−5.6%
34EOct 29, 2021$3,969,890$4,185,000 p. 102−5.1%
36BNov 5, 2021$15,100,000$17,000,000 p. 102−11.2%
32CDec 17, 2021$3,565,400$3,980,000 p. 101−10.4%
34BFeb 22, 2022$6,036,500$6,320,000 p. 102−4.5%
32BFeb 25, 2022$6,276,758$6,180,000 p. 101+1.6%
30FMar 30, 2022$4,531,000$4,875,000 p. 101−7.1%
31FApr 5, 2022$4,695,300$4,945,000 p. 101−5%
33FMay 20, 2022$4,982,000$5,085,000 p. 101−2%
34FJul 18, 2022$5,205,000$5,155,000 p. 102+1%
27FAug 15, 2022$2,923,925$2,900,000 p. 101+0.8%
35FSep 8, 2022$5,222,924$5,225,000 p. 102−0%
33BOct 26, 2022$6,410,310$6,250,000 p. 101+2.6%
33CJan 11, 2023$3,959,200$4,010,000 p. 101−1.3%
35CMar 15, 2023$3,980,000$4,070,000 p. 102−2.2%
PHAMay 12, 2023$25,518,750$27,000,000 p. 102−5.5%
34CJun 20, 2023$3,907,200$4,040,000 p. 102−3.3%

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
Rcb3 Residential For Sale LLC
Principals
John F. Gagnier
Tax estimate
Stroock and Stroock and Lavan LLPPrepared the first-year real estate tax projection
Construction lenders
Wells Fargo Bank, New York State Housing Finance Agency$336 million recorded

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

Nearby