Novum W26 Condominium
128 West 26th Street, Manhattan, NY 10001
Overview
- Units
- 13 residential · 1 commercial
- Subway
- 4 min walk to 28 St 123 St F M, 4 min
- Principals
- Gary Vinbaytel
- Average $/sf
- $1,854Homes in Schedule A, as first offered
- Common charges
- $859–$1,189 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 - December 31, 2024
- Offering price
- $37.9 million total
- Floor plans
- Page 4 of the plan
The sponsor of record is 128 West 26 Street Development LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 317 pages. The sponsor has filed 2 amendments, the latest in August 2024. The nearest other condo plan on file is 150 West 26th Street Condominium, next door.
Plan CD230013 · New · accepted Jun 13, 2023 · AG record ↗
Compare
| Figure | This building1 | Louie Xvii213 units · 0.5 miaccepted 2024 | Sixty Six Clinton312 units · 1.8 miaccepted 2022 |
|---|---|---|---|
| Average Offering PricePer Apartment | $2.92MIn line | $3.46M | $2.72M |
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Unit mix, closings, budgets, finishes and the team, against Louie Xvii and Sixty Six Clinton, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed92% of the homes in Schedule A | 12 of 13 |
| Closingsfirst and latest recorded | May 22, 2024 – Dec 9, 2024 |
Sales recorded with the Department of Finance (ACRIS) through May 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 12 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3 | May 22, 2024 | $1,995,000 | — | — |
| 12 | May 30, 2024 | $2,371,251 | — | — |
| 4 | May 31, 2024 | $2,072,139 | — | — |
| 7 | May 31, 2024 | $2,194,329 | — | — |
| 14 | May 31, 2024 | $2,341,975 | — | — |
| 10 | Jun 14, 2024 | $2,291,063 | — | — |
| 2 | Jun 28, 2024 | $2,061,956 | — | — |
| 5 | Sep 4, 2024 | $2,189,238 | — | — |
| 11 | Sep 24, 2024 | $2,400,000 | — | — |
| 13 | Oct 11, 2024 | $2,443,800 | — | — |
| 9 | Oct 15, 2024 | $2,316,519 | — | — |
| 8 | Dec 9, 2024 | $2,367,431 | — | — |
Pro
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
- 128 West 26 Street Development LLC
- Principals
- Gary Vinbaytel
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- RE Tax Service, LLCPrepared the first-year real estate tax projection
- Construction lender
- Popular Bank$16.2 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 150 West 26th Street Condominiumnext door · 16 units · 2000
- 107 West 26th Street Condominiumsnext door · 4 units · 2008
- 108 West 25th Street Condominiumnext door · 10 units · 2001
- 154 West 27th Street Condominiumnext door · 12 units · 2015
- Glasswork Condominiumnext door · 3 units · 2001
- 101 West 24th Street Condominiumnext door · 204 units · 2007