257 West 117th Street Condominium/Fitzgerald
257 West 117th Street, Manhattan, NY 10026
Overview
- Units
- 16 residential · 1 commercial
- Subway
- 3 min walk to 116 St B C116 St 2 3, 6 min
- Developers
- Bridge Capital Corp., Penmark Realty Corp.
- Principals
- Stanley Wolfson
- Common charges
- $885–$2,320 a monthSponsor's first-year estimate in Schedule A, July 1, 2007 through June 30, 2008
- Offering price
- $16.1 million total
- Floor plans
- Pages 355–356 of the plan
The sponsor of record is 257/117 Realty, LLC., represented by Seiden & Schein, P.C.. The offering plan runs 496 pages. The sponsor has filed 11 amendments, the latest in February 2012. The nearest other condo plan on file is Rosa Parks Condominium, next door.
Plan CD030070 · New · accepted Mar 5, 2004 · AG record ↗
Compare
| Figure | This building1 | 374 Manhattan214 units · 0.1 miaccepted 2005 | Palomar315 units · 0.1 miaccepted 2007 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1MHighest | $754,776 | $683,216 |
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Unit mix, closings, budgets, finishes and the team, against 374 Manhattan and Palomar, cited to the offering plans. No credit card required.
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- 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
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
- 257/117 Realty, LLC.
- Developers
- Bridge Capital Corp., Penmark Realty Corp.
- Principals
- Stanley Wolfson
- Counsel
- Seiden & Schein, P.C.
- Tax estimate
- Tuchman, H Katz, Schwartz, Gelles, Korngold & Weiss, LLPPrepared the first-year real estate tax projection
- Construction lender
- Washington Mutual Bank
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Rosa Parks Condominiumnext door · 64 units · 2003
- Casa Loma Condominiumnext door · 16 units · 2006
- Blvd 2192 Condominiumnext door · 13 units
- 2196 Eight Avenue Condominiumnext door · 13 units
- Blvd 2196 Condominiumnext door · 13 units · 2011
- Soha 118 Condominium0.1 mi · 93 units · 2006