THE CONDO BOOK PROJECT

2505 Broadway Condominium

2505 Broadway, Manhattan, NY 10025

Overview

Units
44 residential
Subway
1 min walk to 96 St 1 2 386 St 1, 7 min
Principals
Dvir Cohen Hoshen, Omri Sachs, Andy Zheng
Average $/sf
$2,232Homes in Schedule A, as first offered
Common charges
$920–$6,084 a monthSponsor's first-year estimate in Schedule A, July 1, 2022 - June 30, 2023
Offering price
$190.1 million total

The sponsor of record is Uws Property Owner, LLC, represented by Marans, Weisz & Newman, LLC. The offering plan runs 497 pages. The sponsor has filed 6 amendments, the latest in March 2026. The nearest other condo plan on file is 220 West 93rd Street Condominium, next door.

Plan CD190288 · New · accepted Jan 25, 2021 · AG record ↗

Compare

FigureThis building1Westly257 units · 0.1 miaccepted 2021The Harper368 units · 1.6 miaccepted 2021
Common ChargesPer Square Foot / Month$1.21Above peers$1.13$0.88
Average Offering PricePer Apartment$3.87MIn line$4.63M$3.54M
Average PricePer Square Foot$2,232In line$2,450$2,110
Property TaxesPer Square Foot / Month$0.96Lowest$1.15$1.78
Average Unit SizeSquare Feet1,735 SFIn line1,889 SF1,678 SF

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Unit mix, closings, budgets, finishes and the team, against Westly and The Harper, 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 closed91% of the homes in Schedule A40 of 44
Closing prices vs. Schedule A38 homes: $143,408,327 at closing against $142,620,000 in Schedule A (p. 46, p. 47)+0.6%
Average closing price38 homes, on their Schedule A square feet$2,215 / SF
Closingsfirst and latest recordedMay 26, 2022 – May 15, 2026

Sales recorded with the Department of Finance (ACRIS) through Jun 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 40 closings
HomeRecordedClosing priceSchedule ADifference
10CMay 26, 2022$2,623,725$2,825,000 p. 46−7.1%
4AJun 30, 2022$4,077,896$4,325,000 p. 46−5.7%
8CJul 1, 2022$2,525,000$2,750,000 p. 46−8.2%
3CJul 7, 2022$3,995,000$3,995,000 p. 460%
9CJul 7, 2022$2,550,000$2,775,000 p. 46−8.1%
7CJul 13, 2022$2,500,000$2,725,000 p. 46−8.3%
12CAug 10, 2022$2,712,319$2,925,000 p. 46−7.3%
14BAug 11, 2022$1,603,744$1,575,000 p. 46+1.8%
8BAug 12, 2022$2,245,303$2,450,000 p. 46−8.4%
14AAug 12, 2022$5,888,000$5,900,000 p. 46−0.2%
5AAug 16, 2022$3,995,000$4,400,000 p. 46−9.2%
11CAug 19, 2022$2,698,363$2,875,000 p. 46−6.1%
15AAug 22, 2022$4,500,000$4,450,000 p. 46+1.1%
6BAug 25, 2022$4,999,000$2,400,000 p. 46+108.3%
15BAug 31, 2022$4,848,563$4,550,000 p. 46+6.6%
9BSep 1, 2022$2,291,063$2,475,000 p. 46−7.4%
12BSep 16, 2022$1,578,288$1,550,000 p. 46+1.8%
PH-BOct 14, 2022$8,775,738——
17BOct 27, 2022$5,129,269$4,700,000 p. 47+9.1%
18ANov 9, 2022$4,900,319$4,675,000 p. 47+4.8%
18BNov 10, 2022$4,950,000$4,775,000 p. 47+3.7%
6ANov 28, 2022$4,312,669$4,475,000 p. 46−3.6%
17AJan 18, 2023$4,700,000$4,600,000 p. 47+2.2%
16BFeb 14, 2023$4,750,000$4,625,000 p. 47+2.7%
10BMay 16, 2023$1,522,284$1,500,000 p. 46+1.5%
11BJun 12, 2023$1,450,000$1,525,000 p. 46−4.9%
16AJun 13, 2023$4,800,000$4,525,000 p. 46+6.1%
14CJun 15, 2023$2,650,000$2,800,000 p. 46−5.4%
7BJul 18, 2023$2,200,000$2,425,000 p. 46−9.3%
10AAug 15, 2023$4,995,000$5,775,000 p. 46−13.5%
11AOct 20, 2023$4,995,000$5,875,000 p. 46−15%
8AJan 26, 2024$3,975,000$4,625,000 p. 46−14.1%
12AFeb 16, 2024$4,995,000$5,700,000 p. 46−12.4%
7AMar 14, 2024$3,970,000$4,550,000 p. 46−12.7%
5BApr 22, 2024$4,850,000$2,375,000 p. 46+104.2%
4BJun 5, 2024$4,797,525$2,350,000 p. 46+104.2%
9ADec 20, 2024$3,995,000$4,700,000 p. 46−15%
2AJan 8, 2025$4,850,000$5,400,000 p. 46−10.2%
2BJul 31, 2025$4,990,000$5,700,000 p. 46−12.5%
PH-AMay 15, 2026$13,269,750——

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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
Uws Property Owner, LLC
Principals
Dvir Cohen Hoshen, Omri Sachs, Andy Zheng
Tax estimate
Tuchman, Korngold, Weiss, Liebman & Lindemann, LLPPrepared the first-year real estate tax projection
Construction lender
Acquisition Mortgage Lender$37 million recorded

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

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