THE CONDO BOOK PROJECT

256 East 4th Street Condominium

256 East 4th Street, Manhattan, NY 10009

Overview

Units
6 residential
Subway
9 min walk to 2 Av FDelancey St-Essex St F J M Z, 11 min
Principals
Rotem Cohen, Eliran Cohen, David Shalom
Average $/sf
$1,951Homes in Schedule A, as first offered
Common charges
$329–$1,286 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 to June 30, 2027
Offering price
$15.4 million total $15.2 million when first offered

The sponsor of record is 256 East 4th Development LLC, represented by Eial Girtz, PC. The offering plan runs 280 pages. The sponsor has filed 1 amendment, the latest in April 2026. The nearest other condo plan on file is Casa Bella Condominium, next door.

Plan CD250310 · New · accepted Mar 16, 2026 · AG record ↗

Compare

FigureThis building1Ava29 units · 1.2 miaccepted 2026128 Hester38 units · 0.8 miaccepted 2025
Common ChargesPer Square Foot / Month$0.48Lowest$0.82$1.41
Average Offering PricePer Apartment$2.52MIn line$2.53M$1.28M
Average PricePer Square Foot$1,951In line$2,339$1,604
Property TaxesPer Square Foot / Month$1.05Lowest$1.93$1.74
Average Unit SizeSquare Feet1,294 SFLargest1,080 SF799 SF

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Unit mix, closings, budgets, finishes and the team, against Ava and 128 Hester, 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
256 East 4th Development LLC
Principals
Rotem Cohen, Eliran Cohen, David Shalom
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Bullpath Capital$6.2 million loan stated in the plan

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

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