221 West 77th Street Condominium
219-223 West 77th Street, Manhattan, NY 10024
Overview
- Units
- 26 residential · 8 parking · 25 storage
- Subway
- 3 min walk to 79 St 172 St 1 2 3, 6 min
- Developer
- The Naftali Group
- Principals
- Miki Naftali
- Average $/sf
- $2,772Homes in Schedule A, as first offered
- Common charges
- $1,734–$6,337 a monthSponsor's first-year estimate in Schedule A, Twelve Month Period Commencing January 1, 2017 and Ending December 31, 2017 ("First Year")
- Offering price
- $200.4 million total
- Floor plans
- Pages 345–347 of the plan
The sponsor of record is 223 West 77th St Owner LLC, represented by Holland & Knight LLP. The offering plan runs 504 pages. The sponsor has filed 17 amendments, the latest in February 2020. The nearest other condo plan on file is Linden 78 Condominium, next door.
Plan CD140335 · New · accepted Aug 28, 2015 · AG record ↗
Compare
| Figure | This building1 | 180 East 88th248 units · 1.4 miaccepted 2015 | 151 East 78th314 units · 1.2 miaccepted 2014 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.02Lowest | $1.52 | $1.29 |
| Average Offering PricePer Apartment | $7.62MIn line | $6.38M | $12.79M |
| Average PricePer Square Foot | $2,772Below peers | $3,021 | $3,088 |
| Property TaxesPer Square Foot / Month | $1.31In line | $1.67 | $0.80 |
| Average Unit SizeSquare Feet | 2,750 SFIn line | 2,113 SF | 4,142 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 180 East 88th and 151 East 78th, 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 26 of 26 |
| Closing prices vs. Schedule A2 homes: $28,150,000 at closing against $30,850,000 in Schedule A (p. 65) | −8.8% |
| Average closing price2 homes, on their Schedule A square feet | $3,064 / SF |
| Closingsfirst and latest recorded | Jun 12, 2017 – Feb 13, 2020 |
Sales recorded with the Department of Finance (ACRIS) through Jan 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 27 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 6E | Jun 12, 2017 | $4,875,000 | — | — |
| 9E | Jun 15, 2017 | $5,269,444 | — | — |
| 7E | Jun 16, 2017 | $4,036,500 | — | — |
| 10E | Jun 16, 2017 | $5,150,000 | — | — |
| 8E | Jun 19, 2017 | $4,050,000 | — | — |
| 6W | Jun 20, 2017 | $6,200,000 | — | — |
| 10W | Jun 20, 2017 | $6,800,000 | — | — |
| 5E | Jun 26, 2017 | $4,825,000 | — | — |
| 5W | Jun 27, 2017 | $6,150,000 | — | — |
| 9W | Jul 10, 2017 | $6,761,138 | — | — |
| 11E | Jul 10, 2017 | $5,250,000 | — | — |
| 12E | Jul 11, 2017 | $5,498,550 | — | — |
| 11W | Aug 4, 2017 | $7,013,419 | — | — |
| 15 FL | Aug 14, 2017 | $10,182,500 | — | — |
| 17 FL | Aug 28, 2017 | $10,500,000 | — | — |
| 14 FL | Aug 31, 2017 | $12,400,000 | — | — |
| 16 FL | Sep 1, 2017 | $10,000,000 | — | — |
| 3S | Sep 18, 2017 | $5,903,381 | — | — |
| 8W | Nov 6, 2017 | $7,467,525 | — | — |
| 12W | Nov 17, 2017 | $7,125,000 | — | — |
| 7W | Jan 16, 2018 | $8,375,738 | — | — |
| Penthouse | May 23, 2018 | $20,850,000 | $22,500,000 p. 65 | −7.3% |
| 4E | Sep 20, 2018 | $5,086,159 | — | — |
| THEW | Dec 28, 2018 | $9,750,000 | — | — |
| TH-E | Jun 13, 2019 | $7,300,000 | $8,350,000 p. 65 | −12.6% |
| CUA | Jan 14, 2020 | $2,744,213 | — | — |
| 4W | Feb 13, 2020 | $5,650,000 | — | — |
Pro
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
- 223 West 77th St Owner LLC
- Developer
- The Naftali Group
- Principals
- Miki Naftali
- Counsel
- Holland & Knight LLP
- Tax estimate
- Aaron Valuation, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Deutsche Bank AG$112.8 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Linden 78 Condominiumnext door · 36 units · 2006
- Two Ten West 77 Condominiumnext door · 25 units · 2014
- Harrison Condominiumnext door · 133 units · 2007
- Laureatenext door · 75 units · 2010
- Broadway 77 Condominiumnext door · 8 units · 2012
- Hopkins Condominiumnext door · 98 units · 2004