THE CONDO BOOK PROJECT

140 West 81st Street Condominium

140 West 81st Street, Manhattan, NY 10024

Overview

Units
6 residential
Subway
5 min walk to 79 St 181 St-Museum of Natural History B C, 5 min
Principals
Erik Ekstein
Average $/sf
$2,406Homes in Schedule A, as first offered
Common charges
$7,505–$10,243 a monthSponsor's first-year estimate in Schedule A, assuming April 1, 2022 - March 31, 2023
Offering price
$43 million total

The sponsor of record is 142 West 81st Street LLC, represented by Nixon Peabody, LLP. The offering plan runs 466 pages. The sponsor has filed 10 amendments, the latest in April 2026. The nearest other condo plan on file is Hayden Park Condominium, next door.

Plan CD210188 · New · accepted May 9, 2022 · AG record ↗

Compare

FigureThis building1133 East 73rd24 units · 1.1 miaccepted 2021Marx36 units · 1.5 miaccepted 2021
Common ChargesPer Square Foot / Month$2.62Highest$1.60$1.44
Average Offering PricePer Apartment$8.6MIn line$14.69M$3.24M
Average PricePer Square Foot$2,406In line$3,019$1,880
Property TaxesPer Square Foot / Month$1.49In line$1.99$1.47
Average Unit SizeSquare Feet3,110 SFIn line4,866 SF1,724 SF

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Unit mix, closings, budgets, finishes and the team, against 133 East 73rd and Marx, 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
142 West 81st Street LLC
Principals
Erik Ekstein
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
Construction lender
S3 Capital$20 million recorded

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

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