Grand Mulberry
185 Grand Street, Manhattan, NY 10013
Overview
- Units
- 20 residential · 19 storage · 2 commercial
- Subway
- 5 min walk to Canal St 6 J N Q R W ZGrand St B D, 5 min
- Developers
- Nexus Building Development Group, East River Partners, Aviv Arava Management LLC, D. Harlev Properties
- Principals
- Yaniv Cohen, Ben Harlev, Eyal Epstein
- Average $/sf
- $2,369Homes in Schedule A, as first offered
- Common charges
- $851–$4,394 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 - December 31, 2022
- Offering price
- $39.7 million total
- Floor plans
- Page 65 of the plan
The sponsor of record is Mulberry Grand Owner LLC, represented by Starr Associates LLP. The offering plan runs 509 pages. The sponsor has filed 3 amendments, the latest in September 2022. The nearest other condo plan on file is 133 Mulberry Street Condominium, next door.
Plan CD200323 · New · accepted Aug 27, 2021 · AG record ↗
Compare
| Figure | This building1 | Elisa225 units · 1.4 miaccepted 2021 | No. 45e7321 units · 0.8 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.55In line | $1.49 | $1.90 |
| Average Offering PricePer Apartment | $1.94MBelow peers | $3.18M | $2.09M |
| Average PricePer Square Foot | $2,369Below peers | $2,373 | $2,484 |
| Property TaxesPer Square Foot / Month | $0.95In line | $1.33 | $0.60 |
| Average Unit SizeSquare Feet | 818 SFSmaller | 1,342 SF | 841 SF |
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Unit mix, closings, budgets, finishes and the team, against Elisa and No. 45e7, 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 | 20 of 20 |
| Closing prices vs. Schedule A20 homes: $38,581,202 at closing against $38,750,000 in Schedule A (p. 63) | −0.4% |
| Average closing price20 homes, on their Schedule A square feet | $2,358 / SF |
| Closingsfirst and latest recorded | Jun 1, 2022 – Jun 12, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Nov 30, 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 22 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3A | Jun 1, 2022 | $1,377,388 | $1,375,000 p. 63 | +0.2% |
| 2B | Jun 13, 2022 | $1,409,104 | $1,395,000 p. 63 | +1% |
| 4B | Jun 15, 2022 | $1,516,888 | $1,495,000 p. 63 | +1.5% |
| 3D | Jun 16, 2022 | $2,497,463 | $2,450,000 p. 63 | +1.9% |
| 5D | Jun 20, 2022 | $2,565,000 | $2,575,000 p. 63 | −0.4% |
| PH | Jun 20, 2022 | $6,943,600 | $7,350,000 p. 63 | −5.5% |
| 4D | Jun 21, 2022 | $2,494,713 | $2,495,000 p. 63 | −0% |
| 6B | Jun 21, 2022 | $1,657,406 | $1,575,000 p. 63 | +5.2% |
| 5B | Jun 22, 2022 | $1,616,676 | $1,535,000 p. 63 | +5.3% |
| 6C | Jun 27, 2022 | $1,415,000 | $1,395,000 p. 63 | +1.4% |
| 3C | Jun 28, 2022 | $1,382,229 | $1,335,000 p. 63 | +3.5% |
| 4C | Jun 30, 2022 | $1,354,273 | $1,355,000 p. 63 | −0.1% |
| 3B | Jul 12, 2022 | $1,448,415 | $1,445,000 p. 63 | +0.2% |
| 2A | Jul 21, 2022 | $1,270,000 | $1,350,000 p. 63 | −5.9% |
| 5C | Jul 21, 2022 | $1,422,959 | $1,375,000 p. 63 | +3.5% |
| 4A | Aug 4, 2022 | $1,442,350 | $1,415,000 p. 63 | +1.9% |
| 5A | Aug 4, 2022 | $1,462,955 | $1,435,000 p. 63 | +1.9% |
| 6A | Aug 4, 2022 | $1,483,560 | $1,455,000 p. 63 | +2% |
| RET | Sep 21, 2022 | $5,381,706 | — | — |
| MUS | Dec 13, 2022 | $2,500,000 | — | — |
| 2C | May 1, 2023 | $1,326,225 | $1,295,000 p. 63 | +2.4% |
| 6D | Jun 12, 2023 | $2,495,000 | $2,650,000 p. 63 | −5.8% |
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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
- Mulberry Grand Owner LLC
- Developers
- Nexus Building Development Group, East River Partners, Aviv Arava Management LLC, D. Harlev Properties
- Principals
- Yaniv Cohen, Ben Harlev, Eyal Epstein
- Counsel
- Starr Associates LLP
- Tax estimate
- Korngold Powers LLPPrepared the first-year real estate tax projection
- Construction lender
- Israel Discount Bank of New York$18.8 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 133 Mulberry Street Condominiumnext door · 16 units · 2013
- 175 Mulberry Condominiumnext door · 5 units · 2007
- Mulberry 176 Condominiumnext door · 4 units · 2005
- Bel Air Courtnext door · 9 units · 2005
- Machinery Exchangenext door · 14 units · 2007
- 128 Plaza Condominiumnext door · 0 units · 2007