2600 7th Avenue Condominium
2600 7th Avenue, Manhattan, NY 10039
Overview
- Units
- 103 residential · 1 parking · 9 commercial
- Subway
- 2 min walk to Harlem-148 St 3145 St 3, 9 min
- Developer
- Truss Development, LLC
- Principals
- Hsin Hung Chen, Jung Hsiang Hwang, Robert T. Lee
- Average $/sf
- $1,113Homes in Schedule A, as first offered
- Common charges
- $324–$1,005 a monthSponsor's first-year estimate in Schedule A, May 1, 2020 – April 30, 2021
- Offering price
- $94.2 million total $90 million when first offered
The sponsor of record is 2600 7th Avenue Realty, LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 394 pages. The sponsor has filed 4 amendments, the latest in June 2021. The nearest other condo plan on file is Alameda Condominium, 0.1 mi away.
Plan CD180175 · New · accepted Jun 21, 2019 · AG record ↗
Compare
| Figure | This building1 | Huxley271 units · 2.6 miaccepted 2021 | Vandewater3183 units · 1.5 miaccepted 2018 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.68Lowest | $0.92 | $1.00 |
| Average Offering PricePer Apartment | $769,982Below peers | $787,211 | $2.13M |
| Average PricePer Square Foot | $1,113Below peers | $1,236 | $1,707 |
| Property TaxesPer Square Foot / Month | $0.90Below peers | $1.11 | $1.02 |
| Average Unit SizeSquare Feet | 692 SFIn line | 637 SF | 1,248 SF |
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Unit mix, closings, budgets, finishes and the team, against Huxley and Vandewater, 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
- 2600 7th Avenue Realty, LLC
- Developer
- Truss Development, LLC
- Principals
- Hsin Hung Chen, Jung Hsiang Hwang, Robert T. Lee
- Counsel
- Moritt Hock & Hamroff, LLP
- Tax estimate
- Astro Realty Brokerage, LLCPrepared the first-year real estate tax projection
- Construction lender
- Cathay Bank
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Alameda Condominium0.1 mi · 10 units · 2008
- Washington0.1 mi · 103 units · 2003
- Ps 90 Condominium0.2 mi · 75 units · 2008
- Pecora 148 Condominium0.2 mi · 34 units · 2012
- 303 West 149th Street Condominium0.2 mi · 10 units · 2008
- 305 West 150th Street Condominium0.2 mi · 82 units · 2013