One Vandam Condominium
176-186 Avenue Of The Americas, Manhattan, NY 10013
Overview
- Units
- 25 residential · 1 commercial
- Subway
- 1 min walk to Spring St C EHouston St 1, 4 min
- Developers
- Tavros Development Partners, Quinlan Development Group
- Principals
- Dov M. Barnett, Nicholas Silvers, Timothy Quinlan, Tyler Wilkins
- Average $/sf
- $3,003Homes in Schedule A, as first offered
- Common charges
- $968–$7,938 a monthSponsor's first-year estimate in Schedule A, April 1, 2015-March 31, 2016
- Offering price
- $162.9 million total $175.4 million when first offered
- Floor plans
- Page 16 of the plan
The sponsor of record is Qt Soho Realty LLC, represented by Starr Associates LLP. The offering plan runs 490 pages. The sponsor has filed 27 amendments, the latest in January 2019. The nearest other condo plan on file is Sullivan Street Condominium, next door.
Plan CD130100 · New · accepted Oct 18, 2013 · AG record ↗
Compare
| Figure | This building1 | D'Orsay221 units · 0.9 miaccepted 2015 | 160 Leroy347 units · 0.5 miaccepted 2015 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.38Below peers | $2.04 | $1.44 |
| Average Offering PricePer Apartment | $6.1MIn line | $3.75M | $8.01M |
| Average PricePer Square Foot | $3,003In line | $2,577 | $3,295 |
| Property TaxesPer Square Foot / Month | $1.31In line | $0.36 | $1.40 |
| Average Unit SizeSquare Feet | 2,030 SFIn line | 1,454 SF | 2,635 SF |
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Unit mix, closings, budgets, finishes and the team, against D'Orsay and 160 Leroy, 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 | 25 of 25 |
| Closing prices vs. Schedule A25 homes: $136,976,611 at closing against $152,405,000 in Schedule A (p. 45) | −10.1% |
| Average closing price25 homes, on their Schedule A square feet | $2,699 / SF |
| Closingsfirst and latest recorded | Mar 10, 2016 – Nov 8, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 26 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4A | Mar 10, 2016 | $3,390,773 | $3,330,000 p. 45 | +1.8% |
| 4C | Mar 10, 2016 | $1,761,573 | $1,730,000 p. 45 | +1.8% |
| 3D | Mar 14, 2016 | $3,762,434 | $3,695,000 p. 45 | +1.8% |
| 4B | Mar 14, 2016 | $1,827,759 | $1,565,000 p. 45 | +16.8% |
| 5A | Mar 16, 2016 | $3,446,776 | $3,385,000 p. 45 | +1.8% |
| 6B | Mar 17, 2016 | $6,618,625 | $6,500,000 p. 45 | +1.8% |
| 5B | Mar 18, 2016 | $1,644,474 | $1,590,000 p. 45 | +3.4% |
| 3B | Mar 21, 2016 | $1,568,105 | $1,540,000 p. 45 | +1.8% |
| 3A | Mar 22, 2016 | $3,385,681 | $3,275,000 p. 45 | +3.4% |
| 4D | Mar 22, 2016 | $3,894,806 | $3,760,000 p. 45 | +3.6% |
| 9A | Mar 24, 2016 | $6,567,713 | $6,450,000 p. 45 | +1.8% |
| 10A | Mar 30, 2016 | $6,722,975 | $6,550,000 p. 45 | +2.6% |
| 5C | Mar 31, 2016 | $1,794,645 | $1,760,000 p. 45 | +2% |
| 5D | Mar 31, 2016 | $3,897,331 | $3,825,000 p. 45 | +1.9% |
| 3C | Apr 5, 2016 | $1,764,098 | $1,700,000 p. 45 | +3.8% |
| 9B | Apr 6, 2016 | $6,417,500 | $6,300,000 p. 45 | +1.9% |
| 10B | Apr 6, 2016 | $6,500,000 | $6,400,000 p. 45 | +1.6% |
| 6A | Apr 14, 2016 | $5,399,250 | $5,250,000 p. 45 | +2.8% |
| PHB** | Jun 14, 2016 | $14,634,838 | $15,000,000 p. 45 | −2.4% |
| 8A | Jul 22, 2016 | $6,352,644 | $6,350,000 p. 45 | +0% |
| 7A | Sep 1, 2016 | $6,000,000 | $6,250,000 p. 45 | −4% |
| 8B | Sep 1, 2016 | $5,500,000 | $6,200,000 p. 45 | −11.3% |
| 7B | Oct 17, 2016 | $5,857,463 | $6,000,000 p. 45 | −2.4% |
| PHC | Nov 9, 2016 | $14,767,150 | $17,500,000 p. 45 | −15.6% |
| PHA* | May 9, 2019 | $13,500,000 | $26,500,000 p. 45 | −49.1% |
| RET | Nov 8, 2024 | $7,300,000 | — | — |
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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
- Qt Soho Realty LLC
- Developers
- Tavros Development Partners, Quinlan Development Group
- Principals
- Dov M. Barnett, Nicholas Silvers, Timothy Quinlan, Tyler Wilkins
- Counsel
- Starr Associates LLP
- Tax estimate
- Marcus & Pollack LLPPrepared the first-year real estate tax projection
- Construction lender
- M&T Bank
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Sullivan Street Condominiumnext door · 0 units · 2000
- 202 Spring Street Bldg A/K/A 84-90 Sullivannext door · 4 units · 2001
- Spring Thompson Condominiumnext door · 7 units · 2024
- 145 Americas Condominiumnext door · 0 units · 2004
- 10 Sullivan Condominiumnext door · 19 units · 2014
- 54 Macdougal Street Condominium0.1 mi · 4 units · 2015