11 Hancock Place Condominium
11 Hancock Place, Manhattan, NY 10027
Overview
- Units
- 71 residential · 1 commercial
- Subway
- 1 min walk to 125 St A B C D125 St 1, 9 min
- Developer
- Nortco Development
- Principals
- Chaim Nortman a/k/a Haim Nortman
- Offering price
- $91.1 million total $91.3 million when first offered
- Floor plans
- Page 59 of the plan
The sponsor of record is Cvre 125th Street LLC, represented by Phillips Nizer LLP. The offering plan runs 481 pages. The sponsor has filed 11 amendments, the latest in September 2022. The nearest other condo plan on file is 99 Morningside, next door.
Plan CD180393 · New · accepted May 13, 2019 · AG record ↗
Compare
| Figure | This building1 | 2600 7th2103 units · 1.3 miaccepted 2019 | 1399 Park372 units · 1.4 miaccepted 2016 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.29MIn line | $769,982 | $1.46M |
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Unit mix, closings, budgets, finishes and the team, against 2600 7th and 1399 Park, cited to the offering plans. No credit card required.
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- 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 closed99% of the homes in the plan | 70 of 71 |
| Closingsfirst and latest recorded | Jul 8, 2021 – Jan 8, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 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 70 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 808 | Jul 8, 2021 | $885,000 | — | — |
| PH205 | Jul 8, 2021 | $2,185,000 | — | — |
| 806 | Jul 13, 2021 | $1,665,000 | — | — |
| 507 | Jul 14, 2021 | $1,570,000 | — | — |
| 605 | Jul 15, 2021 | $660,000 | — | — |
| 505 | Jul 22, 2021 | $660,000 | — | — |
| PH101 | Jul 23, 2021 | $2,170,000 | — | — |
| 607 | Jul 26, 2021 | $1,970,000 | — | — |
| 906 | Jul 26, 2021 | $1,675,000 | — | — |
| 1002 | Jul 28, 2021 | $990,000 | — | — |
| 602 | Jul 29, 2021 | $998,630 | — | — |
| PH204 | Aug 2, 2021 | $1,900,000 | — | — |
| PH202 | Aug 4, 2021 | $1,880,000 | — | — |
| 1005 | Aug 5, 2021 | $1,700,000 | — | — |
| PH104 | Aug 5, 2021 | $1,720,000 | — | — |
| 710 | Aug 12, 2021 | $950,000 | — | — |
| 705 | Aug 18, 2021 | $680,000 | — | — |
| 804 | Aug 18, 2021 | $698,280 | — | — |
| 904 | Aug 18, 2021 | $708,400 | — | — |
| 406 | Aug 23, 2021 | $1,520,000 | — | — |
| 707 | Aug 24, 2021 | $1,660,000 | — | — |
| 701 | Aug 25, 2021 | $995,000 | — | — |
| 506 | Aug 30, 2021 | $550,000 | — | — |
| 405 | Sep 3, 2021 | $990,000 | — | — |
| 404 | Sep 24, 2021 | $1,620,000 | — | — |
| 1007 | Oct 8, 2021 | $2,195,000 | — | — |
| 706 | Oct 12, 2021 | $595,000 | — | — |
| 903 | Oct 15, 2021 | $991,500 | — | — |
| 803 | Oct 21, 2021 | $960,000 | — | — |
| 606 | Oct 28, 2021 | $605,859 | — | — |
| 704 | Nov 1, 2021 | $955,000 | — | — |
| 1003 | Nov 4, 2021 | $710,000 | — | — |
| 801 | Nov 15, 2021 | $1,395,000 | — | — |
| 908 | Nov 18, 2021 | $850,000 | — | — |
| 1006 | Nov 22, 2021 | $1,580,000 | — | — |
| PH106 | Nov 30, 2021 | $2,110,000 | — | — |
| 502 | Dec 30, 2021 | $905,398 | — | — |
| 905 | Jan 19, 2022 | $625,000 | — | — |
| PH102 | Jan 25, 2022 | $1,739,970 | — | — |
| 601 | Feb 3, 2022 | $970,000 | — | — |
| 702 | Feb 16, 2022 | $995,000 | — | — |
| 805 | Mar 9, 2022 | $625,000 | — | — |
| PH206 | Mar 16, 2022 | $2,145,000 | — | — |
| 1004 | Apr 11, 2022 | $645,000 | — | — |
| 901 | Apr 29, 2022 | $1,425,000 | — | — |
| PH103 | May 4, 2022 | $680,000 | — | — |
| 703 | May 12, 2022 | $998,000 | — | — |
| 807 | May 24, 2022 | $1,450,000 | — | — |
| 304 | Jun 29, 2022 | $1,699,000 | — | — |
| PH105 | Jul 21, 2022 | $2,155,000 | — | — |
| 401 | Jul 25, 2022 | $875,000 | — | — |
| 604 | Aug 2, 2022 | $915,000 | — | — |
| 504 | Aug 16, 2022 | $858,000 | — | — |
| 303 | Oct 7, 2022 | $898,000 | — | — |
| PH203 | Jan 5, 2023 | $695,000 | — | — |
| 1001 | Jan 19, 2023 | $2,650,000 | — | — |
| 403 | Jan 26, 2023 | $940,000 | — | — |
| 402 | Mar 6, 2023 | $875,000 | — | — |
| PH201 | Apr 27, 2023 | $2,100,000 | — | — |
| 902 | Jun 1, 2023 | $1,388,000 | — | — |
| 603 | Jul 24, 2023 | $975,000 | — | — |
| 503 | Aug 11, 2023 | $945,000 | — | — |
| 907 | Aug 15, 2023 | $1,439,888 | — | — |
| 301 | Sep 1, 2023 | $1,165,000 | — | — |
| 909 | Mar 5, 2024 | $1,280,000 | — | — |
| 809 | Mar 25, 2024 | $1,259,000 | — | — |
| 802 | Sep 9, 2024 | $1,365,000 | — | — |
| 709 | Mar 17, 2025 | $892,000 | — | — |
| 501 | Dec 2, 2025 | $1,150,000 | — | — |
| 708 | Jan 8, 2026 | $1,435,000 | — | — |
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Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Cvre 125th Street LLC
- Developer
- Nortco DevelopmentReported by mannpublications.com
- Principals
- Chaim Nortman a/k/a Haim Nortman
- Counsel
- Phillips Nizer LLP
- Tax estimate
- Tuchman Korngold Weiss Liebman and Lindemann, LLPPrepared the first-year real estate tax projection
- Construction lender
- Bank Hapoalim$70 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 99 Morningsidenext door · 22 units · 2019
- Legacy 1 Condominiumnext door · 10 units · 2007
- Haven Condominiumnext door · 12 units · 2015
- 123rd Street Condominiumnext door · 2 units
- Dwyer Condominium0.1 mi · 52 units · 2005
- 362 West 127th Street Condominium0.1 mi · 14 units · 2016