THE CONDO BOOK PROJECT

Fultonhaus Condominium

119 Fulton Street, Manhattan, NY 10038

Overview

Units
19 residential · 1 commercial
Subway
2 min walk to Fulton St 2 3 4 5 A C J ZChambers St/WTC/Park Place/Cortlandt St 2 3 A C E R W, 3 min
Developer
Daniell Real Estate Properties LLC
Principals
Issakhar Hacmun, Ofer Razmovich, Yom Tov Samia
Average $/sf
$724Homes in Schedule A, as first offered
Offering price
$17.5 million total

The sponsor of record is 119 Fulton Street Realty LLC, represented by Gerstein Strauss & Rinaldi LLP. The offering plan runs 516 pages. The sponsor has filed 15 amendments, the latest in January 2008. The nearest other condo plan on file is 42 Ann Street Condominium, next door.

Plan CD040356 · Rehab · accepted Feb 24, 2005 · AG record ↗

Compare

FigureThis building1452 West 19214 units · 2.4 miaccepted 2005690 Riverside336 units · 8.6 miaccepted 2007
Common ChargesPer Square Foot / Month$0.68In line$0.54$0.73
Average Offering PricePer Apartment$921,316Above peers$917,800$786,171
Average PricePer Square Foot$724Below peers$785$935
Average Unit SizeSquare Feet1,273 SFLarger1,169 SF846 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 452 West 19 and 690 Riverside, 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 A19 of 19
Closing prices vs. Schedule A19 homes: $22,335,166 at closing against $17,505,000 in Schedule A (p. 68)+27.6%
Average closing price19 homes, on their Schedule A square feet$924 / SF
Closingsfirst and latest recordedDec 19, 2006 – Mar 27, 2007

Sales recorded with the Department of Finance (ACRIS) through Jun 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 19 closings
HomeRecordedClosing priceSchedule ADifference
3ADec 19, 2006$1,221,900$880,000 p. 68+38.9%
5ADec 20, 2006$1,272,813$935,000 p. 68+36.1%
4BDec 27, 2006$809,509$560,000 p. 68+44.6%
3BJan 9, 2007$697,501$530,000 p. 68+31.6%
4AJan 10, 2007$1,079,345$910,000 p. 68+18.6%
2AJan 12, 2007$1,272,813$875,000 p. 68+45.5%
2BJan 23, 2007$697,501$500,000 p. 68+39.5%
11Jan 23, 2007$1,374,638$1,090,000 p. 68+26.1%
5BJan 24, 2007$758,596$590,000 p. 68+28.6%
6AJan 24, 2007$1,135,349$965,000 p. 68+17.7%
10Jan 25, 2007$1,272,813$1,040,000 p. 68+22.4%
8Jan 26, 2007$1,603,744$1,200,000 p. 68+33.6%
12Jan 31, 2007$1,374,638$1,140,000 p. 68+20.6%
7BFeb 8, 2007$1,013,159$800,000 p. 68+26.6%
7AFeb 13, 2007$1,221,900$1,025,000 p. 68+19.2%
PHFeb 22, 2007$1,985,588$1,650,000 p. 68+20.3%
9Mar 9, 2007$1,221,900$1,000,000 p. 68+22.2%
14Mar 22, 2007$1,476,463$1,200,000 p. 68+23%
6BMar 27, 2007$845,000$615,000 p. 68+37.4%

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
119 Fulton Street Realty LLC
Developer
Daniell Real Estate Properties LLC
Principals
Issakhar Hacmun, Ofer Razmovich, Yom Tov Samia
Tax estimate
Mazursky Group, Inc.Prepared the first-year real estate tax projection
Construction lender
Bank Leumi$7.75 million loan stated in the plan

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

Nearby