THE CONDO BOOK PROJECT

125 Perry Street Condominium

125 Perry Street, Manhattan, NY 10014

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Overview

Units
8 residential
Subway
7 min walk to Christopher St-Stonewall 114 St/6 Av 1 2 3 F L M, 9 min
Principals
Alf Naman
Common charges
$5,382–$20,327 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 To December 31, 2026
Offering price
$265.9 million total

The sponsor of record is 125 Owners LLC, represented by Starr Associates, LLP. The offering plan runs 597 pages. The sponsor has filed 9 amendments, the latest in September 2026. The nearest other condo plan on file is 744 Greenwich Condominium, next door.

Plan CD220241 · New · accepted Jul 20, 2023 · AG record ↗

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FigureThis building1140 Jane215 units · 0.2 miaccepted 2024The Katharine38 units · 0.5 miaccepted 2025
Average Offering PricePer Apartment$34.7MHighest$25.66M$10.25M

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Unit mix, closings, budgets, finishes and the team, against 140 Jane and The Katharine, 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.

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
125 Owners LLC
Principals
Alf Naman
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
Construction lender
New York Community BankLender on the mortgage and building loan agreement recorded May 2022 in ACRIS; $95.4 million recorded

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

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