Altair 20 (15 West 20th Street Condominium)
15 West 20th Street, Manhattan, NY 10011
Overview
- Units
- 17 residential · 1 commercial
- Subway
- 4 min walk to 23 St R W23 St F M, 5 min
- Developer
- Extell Development Company
- Principals
- Gary Barnett
- Average $/sf
- $1,125Homes in Schedule A, as first offered
- Common charges
- $2,188–$3,969 a monthSponsor's first-year estimate in Schedule A, May 1, 2006 thru April 30, 2007
- Offering price
- $44.9 million total
- Floor plans
- Page 279 of the plan
The sponsor of record is Crp/Extell 20th Street, LP, represented by Stroock Stroock & Lavan Esq.. The offering plan runs 547 pages. The sponsor has filed 8 amendments, the latest in August 2007. The nearest other condo plan on file is 9 West 20th Condominium, next door.
Plan CD050023 · New · accepted Aug 8, 2005 · AG record ↗
Compare
| Figure | This building1 | 88 Washington Place214 units · 0.7 miaccepted 2005 | 40 Bond327 units · 1 miaccepted 2005 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.07Highest | $0.50 | $0.83 |
| Average Offering PricePer Apartment | $2.64MIn line | $2.02M | $8.03M |
| Average PricePer Square Foot | $1,125Below peers | $1,216 | $2,058 |
| Property TaxesPer Square Foot / Month | $0.62Highest | $0.27 | $0.09 |
| Average Unit SizeSquare Feet | 2,345 SFIn line | 1,663 SF | 3,904 SF |
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Unit mix, closings, budgets, finishes and the team, against 88 Washington Place and 40 Bond, cited to the offering plans. No credit card required.
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- 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 closed100% of the homes in Schedule A | 17 of 17 |
| Closing prices vs. Schedule A16 homes: $41,086,388 at closing against $40,750,000 in Schedule A (p. 92) | +0.8% |
| Average closing price16 homes, on their Schedule A square feet | $1,121 / SF |
| Closingsfirst and latest recorded | Jun 25, 2007 – Mar 20, 2012 |
Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2025: 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 18 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2A | Jun 25, 2007 | $2,265,606 | $2,200,000 p. 92 | +3% |
| 4A | Jun 25, 2007 | $2,341,975 | $2,300,000 p. 92 | +1.8% |
| 8B | Jun 25, 2007 | $2,800,188 | $2,875,000 p. 92 | −2.6% |
| 4B | Jun 27, 2007 | $2,469,256 | $2,500,000 p. 92 | −1.2% |
| 5A | Jun 28, 2007 | $2,392,888 | $2,350,000 p. 92 | +1.8% |
| 8A | Jun 28, 2007 | $2,672,906 | $2,675,000 p. 92 | −0.1% |
| 3A | Jul 2, 2007 | $2,494,713 | $2,250,000 p. 92 | +10.9% |
| PH | Jul 2, 2007 | $4,174,825 | — | — |
| 6A | Jul 9, 2007 | $2,469,256 | $2,425,000 p. 92 | +1.8% |
| 7A | Jul 9, 2007 | $2,571,081 | $2,550,000 p. 92 | +0.8% |
| 2B | Jul 10, 2007 | $2,443,800 | $2,400,000 p. 92 | +1.8% |
| 6B | Jul 12, 2007 | $2,647,450 | $2,625,000 p. 92 | +0.9% |
| 9B | Jul 12, 2007 | $2,876,556 | $3,025,000 p. 92 | −4.9% |
| 5B | Jul 17, 2007 | $2,520,169 | $2,550,000 p. 92 | −1.2% |
| 3B | Jul 18, 2007 | $2,545,625 | $2,450,000 p. 92 | +3.9% |
| 9A | Jul 31, 2007 | $2,774,731 | $2,825,000 p. 92 | −1.8% |
| 7B | Aug 20, 2007 | $2,800,188 | $2,750,000 p. 92 | +1.8% |
| COM | Mar 20, 2012 | $2,000,000 | — | — |
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
- Crp/Extell 20th Street, LP
- Developer
- Extell Development Company
- Principals
- Gary Barnett
- Counsel
- Stroock Stroock & Lavan Esq.
- Tax estimate
- Mazursky Group Inc.Prepared the first-year real estate tax projection
- Construction lender
- Commerce BankLender on the mortgage and building loan agreement recorded December 2004 in ACRIS; $13 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 9 West 20th Condominiumnext door · 11 units · 2001
- 19-25 West 20th Street Condominiumnext door · 12 units · 2013
- 16 W 21 Condominiumnext door · 9 units · 2010
- Alma, A Condominiumnext door · 13 units · 2008
- Chelsea Club Condominiumnext door · 42 units · 18 parking · 2004
- Emory Condominium, 27 West 19 Condominiumnext door · 15 units · 2006