THE CONDO BOOK PROJECT

Crown Condominium

2132-2136 Second Avenue, Manhattan, NY 10029

Overview

Units
31 residential
Subway
5 min walk to 110 St 6116 St 6, 11 min
Principals
Grace Lin, Sao Yao Chou, Yiang Jun Lin
Average $/sf
$642Homes in Schedule A, as first offered
Common charges
$367–$2,501 a monthSponsor's first-year estimate in Schedule A, Year Period Commencing January 1, 2006
Offering price
$31.3 million total $15.7 million when first offered

The sponsor of record is Kirin Lin, Inc. F/K/A Kirin Grocery, Inc., represented by Manatt, Phelps & Phillips, LLP. The offering plan runs 300 pages. The sponsor has filed 16 amendments, the latest in October 2025. The nearest other condo plan on file is 308 East 109th Street Condominium, next door.

Plan CD050026 · New · accepted Aug 10, 2005 · AG record ↗

Compare

FigureThis building1245 W. 115th220 units · 1.1 miaccepted 2006Clinton West344 units · 3.5 miaccepted 2006
Common ChargesPer Square Foot / Month$0.75In line$1.26$0.58
Average Offering PricePer Apartment$507,478In line$252,000$845,136
Average PricePer Square Foot$642In line$642$938
Property TaxesPer Square Foot / Month$0.05Lowest$0.39$0.07
Average Unit SizeSquare Feet791 SFIn line393 SF901 SF

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Unit mix, closings, budgets, finishes and the team, against 245 W. 115th and Clinton West, 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 closed97% of the homes in Schedule A30 of 31
Closing prices vs. Schedule A29 homes: $13,691,038 at closing against $13,216,900 in Schedule A (p. 32, p. 33)+3.6%
Average closing price29 homes, on their Schedule A square feet$650 / SF
Closingsfirst and latest recordedOct 26, 2006 – Apr 11, 2019

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 30 closings
HomeRecordedClosing priceSchedule ADifference
3DOct 26, 2006$429,708$423,775 p. 33+1.4%
6EOct 26, 2006$417,560$379,600 p. 33+10%
2BOct 27, 2006$605,859$616,200 p. 32−1.7%
4AOct 27, 2006$487,988$481,250 p. 32+1.4%
6COct 30, 2006$333,283$298,800 p. 32+11.5%
3CNov 1, 2006$265,161$261,450 p. 32+1.4%
4DNov 6, 2006$448,391$442,200 p. 33+1.4%
5CNov 7, 2006$290,415$286,350 p. 32+1.4%
2CNov 15, 2006$277,796$249,000 p. 32+11.6%
3ANov 21, 2006$468,559$462,000 p. 32+1.4%
2ANov 22, 2006$448,949$442,750 p. 32+1.4%
2DDec 5, 2006$411,025$405,350 p. 33+1.4%
4EDec 15, 2006$355,306$350,400 p. 33+1.4%
5DDec 15, 2006$460,625$460,625 p. 330%
5EDec 15, 2006$407,121$365,000 p. 33+11.5%
4CJan 4, 2007$277,788$273,900 p. 32+1.4%
3EJan 17, 2007$340,502$335,800 p. 33+1.4%
4BMar 20, 2007$661,863$667,550 p. 32−0.9%
5AApr 17, 2007$500,000$500,500 p. 32−0.1%
7AJun 12, 2007$529,490$539,000 p. 32−1.8%
6AAug 10, 2007$524,399$519,075 p. 32+1%
7BMay 31, 2013$580,403$732,250 p. 32−20.7%
3BMay 28, 2014$651,680$641,875 p. 32+1.5%
5BMar 30, 2015$712,775$693,225 p. 32+2.8%
8-DUPJun 24, 2015$2,240,150——
6DDec 14, 2015$590,000$479,050 p. 33+23.2%
7EMay 17, 2016$495,846$394,200 p. 33+25.8%
7CJul 27, 2016$436,020$311,250 p. 32+40.1%
7DOct 31, 2016$610,529$497,475 p. 33+22.7%
6BApr 11, 2019$672,000$707,000 p. 32−5%

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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
Kirin Lin, Inc. F/K/A Kirin Grocery, Inc.
Principals
Grace Lin, Sao Yao Chou, Yiang Jun Lin
Tax estimate
Sheldon Lobel, P.C.Prepared the first-year real estate tax projection

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

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