THE CONDO BOOK PROJECT

Arloparc Condominium

124 East 86th Street & 126 East 86th Street, Manhattan, NY 10028

Overview

Units
28 residential · 1 commercial
Subway
1 min walk to 86 St 4 5 686 St Q, 6 min
Average $/sf
$2,477Homes in Schedule A, as first offered
Common charges
$1,118–$6,162 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
Offering price
$144.9 million total

The sponsor of record is 126 East 86 Street Development LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 355 pages. The sponsor has filed 4 amendments, the latest in July 2025. The nearest other condo plan on file is Lucida / 151 East 85th Street Condominium, next door.

Plan CD220220 · New · accepted May 15, 2023 · AG record ↗

Compare

FigureThis building1Matteo214 units · 0.5 miaccepted 2023Fifteen321 units · 1 miaccepted 2023
Common ChargesPer Square Foot / Month$0.92Lowest$1.18$1.29
Average Offering PricePer Apartment$4.73MIn line$4.22M$6.14M
Average PricePer Square Foot$2,477In line$2,164$2,962
Property TaxesPer Square Foot / Month$1.89Above peers$1.69$1.08
Average Unit SizeSquare Feet1,909 SFSmaller1,949 SF2,074 SF

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Unit mix, closings, budgets, finishes and the team, against Matteo and Fifteen, 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 A28 of 28
Closing prices vs. Schedule A28 homes: $114,879,061 at closing against $132,380,000 in Schedule A (p. 48, p. 49)−13.2%
Average closing price28 homes, on their Schedule A square feet$2,150 / SF
Closingsfirst and latest recordedAug 19, 2024 – Dec 1, 2025

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 28 closings
HomeRecordedClosing priceSchedule ADifference
4AAug 19, 2024$6,124,500$6,500,000 p. 48−5.8%
PHAug 27, 2024$17,500,000$17,950,000 p. 49−2.5%
12ASep 12, 2024$2,749,275$3,000,000 p. 48−8.4%
3ASep 19, 2024$5,971,388$6,350,000 p. 48−6%
5ASep 26, 2024$2,325,000$2,695,000 p. 48−13.7%
5BSep 27, 2024$3,000,000$3,595,000 p. 48−16.6%
10AOct 2, 2024$2,762,003$2,890,000 p. 48−4.4%
11AOct 16, 2024$2,800,000$2,950,000 p. 48−5.1%
11BOct 16, 2024$3,900,000$3,990,000 p. 48−2.3%
14AOct 16, 2024$2,900,000$3,100,000 p. 49−6.5%
7BJan 8, 2025$3,200,000$3,675,000 p. 48−12.9%
6BJan 9, 2025$3,150,000$3,635,000 p. 48−13.3%
7AJan 15, 2025$2,500,000$2,745,000 p. 48−8.9%
6AFeb 6, 2025$2,400,000$2,720,000 p. 48−11.8%
14BMar 18, 2025$3,625,000$4,150,000 p. 49−12.7%
12BMay 1, 2025$3,600,000$4,050,000 p. 49−11.1%
10BMay 5, 2025$3,400,000$3,950,000 p. 48−13.9%
16AMay 13, 2025$6,700,000$7,750,000 p. 49−13.5%
8AMay 21, 2025$2,650,634$2,770,000 p. 48−4.3%
9AMay 29, 2025$2,509,999$2,795,000 p. 48−10.2%
15AJun 27, 2025$1,238,303$3,200,000 p. 49−61.3%
9BJul 9, 2025$3,368,475$3,755,000 p. 48−10.3%
15BJul 10, 2025$842,176$4,250,000 p. 49−80.2%
18AAug 4, 2025$6,589,000$7,950,000 p. 49−17.1%
2AAug 25, 2025$2,300,000$2,450,000 p. 48−6.1%
19ASep 24, 2025$6,583,838$8,250,000 p. 49−20.2%
8BOct 21, 2025$3,225,000$3,715,000 p. 48−13.2%
17ADec 1, 2025$6,964,472$7,550,000 p. 49−7.8%

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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
126 East 86 Street Development LLC
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Valley National Bank$50.8 million loan stated in the plan

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

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