THE CONDO BOOK PROJECT

235 West 131st Street Condominium

235 West 131st Street, Manhattan, NY 10027

Overview

Units
7 residential
Subway
7 min walk to 135 St B C125 St A B C D, 7 min
Principals
Joseph Jemal
Average $/sf
$1,095Homes in Schedule A, as first offered
Common charges
$461–$885 a monthSponsor's first-year estimate in Schedule A, April 1, 2025 – March 31, 2026
Offering price
$2.82 million total $2.75 million when first offered

The sponsor of record is Icer Of 235 West 131st Street LLC, represented by J/Z Legal. The offering plan runs 359 pages. The nearest other condo plan on file is 265 West 131st Street Condominium, next door.

Plan CD240220 · Rehab · accepted Apr 8, 2025 · AG record ↗

Compare

FigureThis building1The Sandstone26 units · 0.2 miaccepted 2022265 West 131st36 units · 0 miaccepted 2022
Common ChargesPer Square Foot / Month$1.71Highest$0.67$0.39
Average Offering PricePer Apartment$392,857Lowest$841,667$870,833
Average PricePer Square Foot$1,095Above peers$1,091$971
Average Unit SizeSquare Feet359 SFSmallest772 SF897 SF

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Unit mix, closings, budgets, finishes and the team, against The Sandstone and 265 West 131st, 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.

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
Icer Of 235 West 131st Street LLC
Principals
Joseph Jemal
Counsel
J/Z Legal
Tax estimate
MGNY ConsultingPrepared the first-year real estate tax projection

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

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