THE CONDO BOOK PROJECT

20 East End Avenue Condominium

20 East End Avenue, Manhattan, NY 10028

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Overview

Units
43 residential
Subway
11 min walk to 86 St Q77 St 6, 16 min
Developer
Corigin Real Estate Group
Principals
Edward Baquero
Offering price
$404.7 million total $384.9 million when first offered

The sponsor of record is 20 Eea Partners LLC, represented by Ganfer Shore Leeds & Zauderer, LLP. The offering plan runs 454 pages. The sponsor has filed 24 amendments, the latest in November 2022. The nearest other condo plan on file is 528 East 80th Street Condo, next door.

Plan CD140014 · New · accepted Nov 3, 2014 · AG record ↗

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FigureThis building1118 East 59th229 units · 1.3 miaccepted 2015180 East 88th348 units · 0.7 miaccepted 2015
Average Offering PricePer Apartment$8.95MAbove peers$7.79M$6.38M

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Unit mix, closings, budgets, finishes and the team, against 118 East 59th and 180 East 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
20 Eea Partners LLC
Developer
Corigin Real Estate Group
Principals
Edward Baquero
Tax estimate
Stroock & Stroock & Lavan LLP. Ganfer & Shore, LLPPrepared the first-year real estate tax projection
Construction lender
M&T Bank

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

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