245 W. 115th Street Condominium
245 West 115th Street, Manhattan, NY 10026
Overview
- Units
- 20 residential
- Subway
- 2 min walk to 116 St B CCathedral Pkwy (110 St) B C, 6 min
- Principals
- Kyle Ransford, Trevor Stahelski
- Average $/sf
- $642Homes in Schedule A, as first offered
- Common charges
- $496 a monthSponsor's first-year estimate in Schedule A, First Year of Condominium Operation, beginning January 1, 2007
- Offering price
- $5.19 million total
- Floor plans
- Page 176 of the plan
The sponsor of record is 245 West 115th Street Partners, LLC, represented by Golenbock Eiseman Assor Etal LLP. The offering plan runs 257 pages. The sponsor has filed 5 amendments, the latest in December 2006. The nearest other condo plan on file is 237 & 247 West 115th Street Condominium, next door.
Plan CD060218 · New · accepted Sep 27, 2006 · AG record ↗
Compare
| Figure | This building1 | Palomar215 units · 0 miaccepted 2007 | Crown331 units · 1.1 miaccepted 2005 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.26Highest | $0.70 | $0.75 |
| Average Offering PricePer Apartment | $252,000Lowest | $683,216 | $507,478 |
| Average PricePer Square Foot | $642In line | $563 | $642 |
| Average Unit SizeSquare Feet | 393 SFSmallest | 1,213 SF | 791 SF |
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Unit mix, closings, budgets, finishes and the team, against Palomar and Crown, 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 | 20 of 20 |
| Closing prices vs. Schedule A20 homes: $5,418,566 at closing against $5,040,000 in Schedule A (p. 19) | +7.5% |
| Average closing price20 homes, on their Schedule A square feet | $690 / SF |
| Closingsfirst and latest recorded | Feb 13, 2007 – Apr 13, 2007 |
Sales recorded with the Department of Finance (ACRIS) through Apr 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 20 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 20 | Feb 13, 2007 | $286,455 | $279,000 p. 19 | +2.7% |
| 3 | Feb 14, 2007 | $262,626 | $279,000 p. 19 | −5.9% |
| 8 | Feb 15, 2007 | $268,710 | $279,000 p. 19 | −3.7% |
| 15 | Feb 16, 2007 | $283,920 | $279,000 p. 19 | +1.8% |
| 19 | Feb 16, 2007 | $277,800 | $279,000 p. 19 | −0.4% |
| 11 | Feb 20, 2007 | $286,455 | $279,000 p. 19 | +2.7% |
| 16 | Feb 21, 2007 | $279,000 | $279,000 p. 19 | 0% |
| 9 | Feb 23, 2007 | $271,245 | $229,000 p. 19 | +18.4% |
| 13 | Feb 23, 2007 | $273,780 | $229,000 p. 19 | +19.6% |
| 12 | Feb 26, 2007 | $273,780 | $279,000 p. 19 | −1.9% |
| 5 | Feb 27, 2007 | $266,175 | $229,000 p. 19 | +16.2% |
| 14 | Feb 27, 2007 | $273,780 | $229,000 p. 19 | +19.6% |
| 7 | Mar 1, 2007 | $268,710 | $279,000 p. 19 | −3.7% |
| 2 | Mar 2, 2007 | $231,192 | $209,000 p. 19 | +10.6% |
| 18 | Mar 5, 2007 | $283,920 | $229,000 p. 19 | +24% |
| 6 | Mar 7, 2007 | $266,175 | $229,000 p. 19 | +16.2% |
| 10 | Mar 20, 2007 | $271,245 | $229,000 p. 19 | +18.4% |
| 17 | Mar 27, 2007 | $283,920 | $229,000 p. 19 | +24% |
| 1 | Mar 29, 2007 | $239,172 | $209,000 p. 19 | +14.4% |
| 4 | Apr 13, 2007 | $270,506 | $279,000 p. 19 | −3% |
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
- 245 West 115th Street Partners, LLC
- Principals
- Kyle Ransford, Trevor Stahelski
- Construction lender
- Bank of SmithtownLender on the mortgage and building loan agreement recorded December 2006 in ACRIS; $4 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 237 & 247 West 115th Street Condominiumnext door · 36 units · 2007
- Palomarnext door · 15 units · 2007
- Douglass Condominiumnext door · 38 units · 13 parking · 2009
- Livmor Condominiumnext door · 73 units · 2009
- 304 West 115th Street Condominiumnext door · 15 units · 2004
- Casa Loma Condominiumnext door · 16 units · 2006