171 Henry Street Condominium
183 East Broadway, Manhattan, NY 10002
Overview
- Units
- 20 residential · 2 commercial
- Subway
- 2 min walk to East Broadway FDelancey St-Essex St F J M Z, 8 min
- Principals
- Norman Wong
- Average $/sf
- $1,229Homes in Schedule A, as first offered
- Common charges
- $412–$1,867 a monthSponsor's first-year estimate in Schedule A, Twelve Month Period Commencing July 1, 2015 and ending June 30, 2016
- Offering price
- $27.3 million total $27.7 million when first offered
- Floor plans
- Page 178 of the plan
The sponsor of record is Wai Sun Realty LLC, represented by Chu & Partners. The offering plan runs 245 pages. The sponsor has filed 16 amendments, the latest in November 2020. The nearest other condo plan on file is Forward Condominium, next door.
Plan CD140224 · New · accepted Apr 29, 2015 · AG record ↗
Compare
| Figure | This building1 | 536 East 13th211 units · 1.2 miaccepted 2015 | 287/Les328 units · 0.6 miaccepted 2016 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.78In line | $0.63 | $1.66 |
| Average Offering PricePer Apartment | $1.11MLowest | $1.31M | $1.96M |
| Average PricePer Square Foot | $1,229Lowest | $1,594 | $2,090 |
| Property TaxesPer Square Foot / Month | $0.78Lowest | $1.01 | $0.98 |
| Average Unit SizeSquare Feet | 900 SFIn line | 821 SF | 938 SF |
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Unit mix, closings, budgets, finishes and the team, against 536 East 13th and 287/Les, 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 closed16% of the homes in Schedule A | 4 of 25 |
| Closing prices vs. Schedule A2 homes: $818,000 at closing against $2,232,577 in Schedule A (p. 22) | −63.4% |
| Average closing price2 homes, on their Schedule A square feet | $463 / SF |
| Closingsfirst and latest recorded | Jul 26, 2017 – Oct 30, 2025 |
Sales recorded with the Department of Finance (ACRIS) through Jul 31, 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.
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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
- Wai Sun Realty LLC
- Principals
- Norman Wong
- Counsel
- Chu & Partners
- Tax estimate
- Chu & PartnersPrepared the first-year real estate tax projection
- Construction lender
- Shanghai Commercial BankLender on the mortgage and building loan agreement recorded December 2013 in ACRIS; $20.6 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Forward Condominiumnext door · 39 units · 2001
- 201 East Broadway Condominiumnext door · 10 units
- 193 Henry Street Condominiumnext door · 5 units · 2018
- Garfield Building Condominiumnext door · 13 units · 2004
- Rutgers Tower Condominiumnext door · 10 units · 2007
- 32 Rutgers Street Condominiumnext door · 10 units · 2025