THE CONDO BOOK PROJECT

Residential Section Of 212 West 72nd Street Condominium

200-212 West 72nd Street, Manhattan, NY 10023

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Overview

Units
196 residential
Subway
1 min walk to 72 St 1 2 366 St-Lincoln Center 1, 7 min
Developer
Centurion Real Estate Partners, LLC
Principals
John Tashjian, Robert Schlesinger
Average $/sf
$2,664Homes in Schedule A, as first offered
Common charges
$2,002–$11,517 a monthSponsor's first-year estimate in Schedule A, 4/1/2020-3/31/2021
Offering price
$411.1 million total $402.5 million when first offered

The sponsor of record is 200 West 72nd Owner, LLC, represented by Nixon Peabody, LLP. The offering plan runs 958 pages. The sponsor has filed 1 amendment, the latest in May 2020. The nearest other condo plan on file is Parker West Condominium, next door.

Plan CD190069 · Conversion · accepted Apr 29, 2020 · AG record ↗

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FigureThis building1One11 Residences299 units · 1 miaccepted 2022Fifth Avenue3150 units · 2.2 miaccepted 2018
Common ChargesPer Square Foot / Month$2.10Above peers$2.00$1.08
Average Offering PricePer Apartment$4.97MHighest$2.46M$1.07M
Average PricePer Square Foot$2,664In line$2,918$1,123
Property TaxesPer Square Foot / Month$1.31In line$1.78$0.60
Average Unit SizeSquare Feet1,866 SFLargest843 SF951 SF

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Unit mix, closings, budgets, finishes and the team, against One11 Residences and Fifth Avenue, 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.

Closings Pro

Homes closed73% of the homes in Schedule A40 of 55
Closing prices vs. Schedule A38 homes: $160,854,986 at closing against $174,050,000 in Schedule A (p. 117, p. 118)−7.6%
Average closing price38 homes, on their Schedule A square feet$2,427 / SF
Closingsfirst and latest recordedAug 10, 2022 – Jun 15, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 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.

All 40 closings
HomeRecordedClosing priceSchedule ADifference
19BAug 10, 2022$6,385,000$6,525,000 p. 118−2.1%
7CAug 12, 2022$2,850,500$2,850,000 p. 117+0%
15EAug 25, 2022$7,875,500$8,250,000 p. 118−4.5%
10CAug 30, 2022$2,958,000$2,955,000 p. 117+0.1%
7HSep 7, 2022$5,804,750$5,975,000 p. 117−2.8%
6JOct 6, 2022$3,635,916$3,740,000 p. 117−2.8%
6HOct 12, 2022$5,953,750$5,900,000 p. 117+0.9%
10AOct 28, 2022$2,215,000$2,215,000 p. 1170%
11AJan 17, 2023$2,131,681$2,235,000 p. 117−4.6%
9CApr 21, 2023$2,920,000$2,920,000 p. 1170%
9AJun 16, 2023$2,195,000$2,195,000 p. 1170%
6LAug 25, 2023$2,510,495$2,525,000 p. 117−0.6%
8LAug 30, 2023$2,600,000$2,675,000 p. 117−2.8%
5CSep 11, 2023$2,759,750$2,775,000 p. 117−0.5%
11COct 4, 2023$2,931,200$2,990,000 p. 117−2%
5LOct 16, 2023$2,500,000$2,500,000 p. 1170%
4CMar 1, 2024$2,690,000$2,700,000 p. 117−0.4%
8CMar 8, 2024$975,500$2,995,000 p. 117−67.4%
4JMay 7, 2024$3,400,500$3,670,000 p. 117−7.3%
CL11BMay 16, 2024$37,504——
10JJul 12, 2024$4,565,000$4,850,000 p. 117−5.9%
18GOct 24, 2024$7,800,000$8,550,000 p. 118−8.8%
7ADec 12, 2024$2,155,500$2,155,000 p. 117+0%
3LJan 10, 2025$2,900,000$2,995,000 p. 117−3.2%
5HFeb 28, 2025$5,082,825$5,825,000 p. 117−12.7%
PHNMar 14, 2025$17,025,000$19,150,000 p. 118−11.1%
6AMar 18, 2025$2,097,500$2,135,000 p. 117−1.8%
17EMar 28, 2025$6,750,000$8,075,000 p. 118−16.4%
4AApr 11, 2025$2,075,000$2,075,000 p. 1170%
4LJun 13, 2025$2,400,000$2,450,000 p. 117−2%
SL10Jul 1, 2025$29,392——
14AJul 7, 2025$2,386,500$2,385,000 p. 117+0.1%
5AJul 23, 2025$2,092,500$2,115,000 p. 117−1.1%
7JNov 14, 2025$3,550,000$3,775,000 p. 117−6%
8JNov 14, 2025$3,650,000$3,950,000 p. 117−7.6%
4HApr 14, 2026$5,045,683$5,750,000 p. 117−12.2%
11HApr 14, 2026$6,725,000$6,375,000 p. 117+5.5%
17BJun 2, 2026$5,930,500$6,750,000 p. 118−12.1%
18EJun 9, 2026$6,695,500$7,950,000 p. 118−15.8%
9HJun 15, 2026$6,635,935$8,150,000 p. 117−18.6%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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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
200 West 72nd Owner, LLC
Developer
Centurion Real Estate Partners, LLC
Principals
John Tashjian, Robert Schlesinger
Tax estimate
New York City. InitiallyPrepared the first-year real estate tax projection
Construction lender
KREF Lending III$204.5 million loan stated in the plan

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

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