THE CONDO BOOK PROJECT

118 West 13th Street Condominium

118 West 13th Street, Manhattan, NY 10011

Overview

Units
8 residential · 8 storage
Subway
2 min walk to 14 St/6 Av 1 2 3 F L M14 St/8 Av A C E L, 6 min
Principals
David Schwartz, Martin Nussbaum
Average $/sf
$3,298Homes in Schedule A, as first offered
Common charges
$1,639–$9,282 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
Offering price
$91.8 million total

The sponsor of record is 118 West 13th Street Owner LLC, represented by Holland & Knight LLP. The offering plan runs 525 pages. The sponsor has filed 5 amendments, the latest in January 2026. The nearest other condo plan on file is 130 West 12th Street Condominium, next door.

Plan CD240218 · New · accepted Jan 7, 2025 · AG record ↗

Compare

FigureThis building167 Irving Place211 units · 0.6 miaccepted 202644 West 8th35 units · 0.3 miaccepted 2026
Common ChargesPer Square Foot / Month$2.37Above peers$2.12$2.35
Average Offering PricePer Apartment$10.25MIn line$9.2M$10.79M
Average PricePer Square Foot$3,298In line$2,821$3,511
Property TaxesPer Square Foot / Month$2.65Above peers$1.96$2.44
Average Unit SizeSquare Feet3,108 SFIn line3,245 SF3,073 SF

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Unit mix, closings, budgets, finishes and the team, against 67 Irving Place and 44 West 8th, cited to the offering plans. No credit card required.

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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 A8 of 8
Closing prices vs. Schedule A1 home: $21,000,000 at closing against $20,000,000 in Schedule A (p. 76)+5%
Average closing price1 home, on their Schedule A square feet$5,275 / SF
Closingsfirst and latest recordedJul 9, 2025 – Mar 30, 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 11 closings
HomeRecordedClosing priceSchedule ADifference
03Jul 9, 2025$10,156,463——
05Jul 14, 2025$10,760,494——
06Jul 15, 2025$11,024,100——
04Jul 30, 2025$10,250,000——
01BJul 31, 2025$2,392,888——
S1BJul 31, 2025$2,392,888——
02Aug 6, 2025$13,250,000——
01AAug 18, 2025$12,376,594——
S1AAug 18, 2025$12,376,594——
PenthouseMar 30, 2026$21,000,000$20,000,000 p. 76+5%
SPHMar 30, 2026$21,000,000——

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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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
118 West 13th Street Owner LLC
Principals
David Schwartz, Martin Nussbaum
Tax estimate
Lawrence J. Berger, P.C.Prepared the first-year real estate tax projection
Construction lender
Cerco Bridge Loans 6$13.5 million loan stated in the plan

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

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