Gateway Condominium
2098 Eight Avenue, Manhattan, NY 10026
Overview
- Units
- 75 residential · 3 commercial
- Subway
- 3 min walk to 116 St B CCathedral Pkwy (110 St) B C, 4 min
- Developer
- Gaetano Development Corporation
- Principals
- Matthew Gaetano, Michael Gaetano, Steven C. Gaetano
- Offering price
- $48.9 million total $34.1 million when first offered
- Floor plans
- Page 74 of the plan
The sponsor of record is Gateway I I, LLC, represented by Marshall S. Schiff, P.C.. The offering plan runs 344 pages. The sponsor has filed 21 amendments, the latest in July 2012. The nearest other condo plan on file is Douglass Condominium, next door.
Plan CD040103 · Rehab · accepted Oct 29, 2004 · AG record ↗
Compare
| Figure | This building1 | Bradhurst Court2127 units · 1.5 miaccepted 2004 | Wellington Tower3147 units · 2 miaccepted 2006 |
|---|---|---|---|
| Average Offering PricePer Apartment | $455,320In line | $232,173 | $967,449 |
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Unit mix, closings, budgets, finishes and the team, against Bradhurst Court and Wellington Tower, cited to the offering plans. No credit card required.
Create a free accountHow 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
- Gateway I I, LLC
- Developer
- Gaetano Development CorporationReported by web.archive.org
- Principals
- Matthew Gaetano, Michael Gaetano, Steven C. Gaetano
- Counsel
- Marshall S. Schiff, P.C.
- Tax estimate
- The Mazursky Group, Inc.Prepared the first-year real estate tax projection
- Construction lender
- The Community Preservation CorporationLender on the mortgage and building loan agreement recorded February 2003 in ACRIS; $7.53 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Douglass Condominiumnext door · 38 units · 13 parking · 2009
- Parc Standard Condominiumnext door · 28 units · 2009
- Jacobs Court Ii Condominiumnext door · 14 units · 2006
- 302 West 114th Street Condominiumnext door · 21 units
- 303 West 113th Street Condominiumnext door · 4 units · 2023
- Alycia Condominiumnext door · 12 units · 2007