215 Chrystie Condominium
215 Chrystie Street, Manhattan, NY 10002
Overview
- Units
- 11 residential · 1 commercial
- Subway
- 2 min walk to 2 Av FBowery J Z, 5 min
- Developers
- The Witkoff Group LLC, Ian Schrager Company
- Principals
- James F. Stomber, Jr., Scott Alper, Steven Witkoff, Ian Schrager
- Offering price
- $118.4 million total
- Floor plans
- Page 50 of the plan
The sponsor of record is 215 Chrystie LLC, represented by Kramer Levin Naftalis & Frankel LLP. The offering plan runs 524 pages. The sponsor has filed 9 amendments, the latest in February 2018. The nearest other condo plan on file is Bowery 255 Condominium, next door.
Plan CD140106 · New · accepted Sep 11, 2014 · AG record ↗
Compare
| Figure | This building1 | 42 Crosby210 units · 0.4 miaccepted 2014 | 34 Prince37 units · 0.2 miaccepted 2015 |
|---|---|---|---|
| Average Offering PricePer Apartment | $10.76MIn line | $11.79M | $10.1M |
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Unit mix, closings, budgets, finishes and the team, against 42 Crosby and 34 Prince, 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 | 11 of 11 |
| Closingsfirst and latest recorded | Sep 13, 2017 – Oct 29, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 12 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 29W | Sep 13, 2017 | $7,127,750 | — | — |
| 29E | Oct 10, 2017 | $8,146,000 | — | — |
| 27W | Oct 12, 2017 | $6,860,000 | — | — |
| 27E | Nov 21, 2017 | $7,025,925 | — | — |
| 28W | Dec 6, 2017 | $7,280,488 | — | — |
| 28E | Dec 8, 2017 | $7,750,000 | — | — |
| PH-3 | Dec 11, 2017 | $16,000,000 | — | — |
| PH-2 | Jan 5, 2018 | $20,365,000 | — | — |
| PH-1 | Feb 28, 2018 | $19,000,000 | — | — |
| 26E | Mar 6, 2018 | $7,250,000 | — | — |
| 26W | Mar 12, 2018 | $3,594,788 | — | — |
| HTL | Oct 29, 2024 | $173,750,000 | — | — |
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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
- 215 Chrystie LLC
- Developers
- The Witkoff Group LLC, Ian Schrager Company
- Principals
- James F. Stomber, Jr., Scott Alper, Steven Witkoff, Ian Schrager
- Tax estimate
- Marcus & Pollack LLPPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Bowery 255 Condominiumnext door · 4 units · 2014
- Bowery 263 Condominiumnext door · 4 units · 2010
- 199-201 Chrystie Street Condominiumnext door · 14 units · 2019
- Bowery 260 Condominiumnext door · 5 units · 2018
- 250 Bowery Condominiumnext door · 0 units · 2012
- 204 Forsyth Street Condominiumnext door · 11 units · 2 parking · 2014