THE CONDO BOOK PROJECT

Elisa

251 West 14th Street, Manhattan, NY 10011

Overview

Units
25 residential · 25 storage · 1 commercial
Subway
1 min walk to 14 St/8 Av A C E L14 St/6 Av 1 2 3 F L M, 3 min
Developers
Impresa Pizzarotti & C. S.p.A, Pizzarotti LLC
Principals
Alfredo Vinci, Giorgio Cassina
Average $/sf
$2,373Homes in Schedule A, as first offered
Common charges
$1,161–$5,550 a monthSponsor's first-year estimate in Schedule A, January 1st, 2023-December 31st, 2023
Offering price
$80.6 million total

The sponsor of record is Fpny 14th LLC, represented by Starr Associates LLP. The offering plan runs 515 pages. The sponsor has filed 7 amendments, the latest in June 2026. The nearest other condo plan on file is Village Green West Condominium, next door.

Plan CD190384 · New · accepted Oct 27, 2021 · AG record ↗

Compare

FigureThis building1Grand Mulberry220 units · 1.4 miaccepted 2021435 W. 19th321 units · 0.4 miaccepted 2022
Common ChargesPer Square Foot / Month$1.49Below peers$1.55$1.52
Average Offering PricePer Apartment$3.18MHighest$1.94M$2.56M
Average PricePer Square Foot$2,373Above peers$2,369$2,257
Property TaxesPer Square Foot / Month$1.33In line$0.95$1.59
Average Unit SizeSquare Feet1,342 SFLargest818 SF1,135 SF

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Unit mix, closings, budgets, finishes and the team, against Grand Mulberry and 435 W. 19th, 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 closed92% of the homes in Schedule A23 of 25
Closing prices vs. Schedule A23 homes: $61,426,372 at closing against $62,870,000 in Schedule A (p. 63)−2.3%
Average closing price23 homes, on their Schedule A square feet$2,194 / SF
Closingsfirst and latest recordedJun 27, 2024 – Feb 19, 2026

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 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 23 closings
HomeRecordedClosing priceSchedule ADifference
10AJun 27, 2024$4,100,000$4,250,000 p. 63−3.5%
2BJul 2, 2024$1,250,000$1,450,000 p. 63−13.8%
8BJul 12, 2024$3,419,901$3,550,000 p. 63−3.7%
3CJul 17, 2024$1,495,000$1,555,000 p. 63−3.9%
2CJul 18, 2024$1,420,000$1,455,000 p. 63−2.4%
3AJul 18, 2024$2,700,000$2,850,000 p. 63−5.3%
7AJul 23, 2024$3,500,000$3,500,000 p. 630%
5CAug 16, 2024$1,600,000$1,755,000 p. 63−8.8%
4AOct 11, 2024$2,890,000$2,950,000 p. 63−2%
3BJan 31, 2025$1,400,000$1,550,000 p. 63−9.7%
7BMar 31, 2025$3,350,000$3,350,000 p. 630%
6BApr 4, 2025$1,810,000$1,900,000 p. 63−4.7%
4CApr 15, 2025$1,550,000$1,655,000 p. 63−6.3%
5AJun 30, 2025$3,018,049$3,150,000 p. 63−4.2%
8AJul 21, 2025$3,718,424$3,800,000 p. 63−2.1%
6CAug 22, 2025$1,810,000$1,900,000 p. 63−4.7%
2ASep 10, 2025$2,550,000$2,650,000 p. 63−3.8%
4BSep 22, 2025$1,620,000$1,650,000 p. 63−1.8%
9ASep 24, 2025$4,475,000$4,500,000 p. 63−0.6%
5BOct 1, 2025$1,750,000$1,750,000 p. 630%
6ADec 3, 2025$3,500,000$3,350,000 p. 63+4.5%
9BDec 8, 2025$4,999,999$5,000,000 p. 63−0%
1AFeb 19, 2026$3,500,000$3,350,000 p. 63+4.5%

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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
Fpny 14th LLC
Developers
Impresa Pizzarotti & C. S.p.A, Pizzarotti LLC
Principals
Alfredo Vinci, Giorgio Cassina
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
Construction lender
Bank of the West$18.5 million recorded

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

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