151 Wooster
149-153 Wooster Street, Manhattan, NY 10012
Overview
- Units
- 0 residential · 1 commercial
- Subway
- 4 min walk to Broadway-Lafayette St/Bleecker St 6 B D F MPrince St R W, 4 min
- Developer
- Alfa Development
- Principals
- Michael Namer, Izak Namer
- Average $/sf
- $1,607Homes in Schedule A, as first offered
- Common charges
- $1,710–$3,599 a monthSponsor's first-year estimate in Schedule A, September 1, 2007 - August 31, 2007
- Offering price
- $56.7 million total
- Floor plans
- Page 4 of the plan
The sponsor of record is First Wooster, LLC, represented by Ganfer & Shore, LLP. The offering plan runs 534 pages. The sponsor has filed 9 amendments, the latest in June 2010. The nearest other condo plan on file is 150 Wooster Condominium, next door.
Plan CD060707 · New · accepted Feb 16, 2007 · AG record ↗
Units & Prices
Closings Pro
| Homes closed92% of the homes in Schedule A | 11 of 12 |
| Closing prices vs. Schedule A10 homes: $44,037,338 at closing against $43,100,000 in Schedule A (p. 38) | +2.2% |
| Average closing price10 homes, on their Schedule A square feet | $1,464 / SF |
| Closingsfirst and latest recorded | Apr 24, 2009 – Jun 29, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Feb 28, 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 11 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3A | Apr 24, 2009 | $4,200,000 | $4,200,000 p. 38 | 0% |
| 4A | Jun 1, 2009 | $4,455,000 | $4,350,000 p. 38 | +2.4% |
| 7B | Jun 2, 2009 | $5,447,638 | $4,800,000 p. 38 | +13.5% |
| 6A | Jun 19, 2009 | $5,500,000 | $4,700,000 p. 38 | +17% |
| 7A | Oct 29, 2009 | $4,734,863 | $4,800,000 p. 38 | −1.4% |
| 5A | Feb 1, 2011 | $4,650,000 | $4,500,000 p. 38 | +3.3% |
| 4B | Feb 28, 2011 | $3,563,875 | $3,750,000 p. 38 | −5% |
| 5B | Mar 16, 2011 | $3,900,000 | $4,000,000 p. 38 | −2.5% |
| 6B | Mar 16, 2011 | $4,378,475 | $4,500,000 p. 38 | −2.7% |
| 3B | Apr 29, 2011 | $3,207,488 | $3,500,000 p. 38 | −8.4% |
| PH | Jun 29, 2023 | $50,000,000 | — | — |
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
- First Wooster, LLC
- Developer
- Alfa DevelopmentReported by web.archive.org
- Principals
- Michael Namer, Izak Namer
- Counsel
- Ganfer & Shore, LLP
- Tax estimate
- The Mazursky GroupPrepared the first-year real estate tax projection
- Construction lender
- Valley National Bank$25 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 150 Wooster Condominiumnext door · 6 units · 2017
- 139 Wooster Street Condominiumnext door · 16 units · 2006
- 160 Wooster Street Condominiumnext door · 75 units · 2004
- 460-462 West Broadway Condominiumnext door · 5 units · 2005
- Soho 25next door · 32 units · 2003
- 109 Greene Street Condominium0.1 mi · 15 units · 2004