THE CONDO BOOK PROJECT

17 West 127th Street Condominium

17 West 127th Street, Manhattan, NY 10027

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Overview

Units
2 residential
Subway
5 min walk to 125 St 2 3125 St 4 5 6, 9 min
Principals
Jeffrey Berger
Average $/sf
$830Homes in Schedule A, as first offered
Offering price
$7.5 million total $3.9 million when first offered

The sponsor of record is 17 West 127th Street Partners LLC, represented by Marshall S. Schiff, P.C.. The offering plan runs 300 pages. The sponsor has filed 1 amendment, the latest in August 2024. The nearest other condo plan on file is 5 West 127th Street Condominium, next door.

Plan CD220272 · New · accepted May 15, 2023 · AG record ↗

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FigureThis building1Astor Row23 units · 0.2 miaccepted 2024256 West 88th34 units · 2.2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.17Lowest$0.49$0.52
Average Offering PricePer Apartment$3.9MHighest$2.62M$2M
Average PricePer Square Foot$830Lowest$1,197$1,901
Average Unit SizeSquare Feet3,508 SFLargest2,186 SF1,054 SF

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Unit mix, closings, budgets, finishes and the team, against Astor Row and 256 West 88th, 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
17 West 127th Street Partners LLC
Principals
Jeffrey Berger
Tax estimate
Mazursky GroupPrepared the first-year real estate tax projection

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

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