Archive Lofts Condominium
305 East 61st Street, Manhattan, NY 10065
Overview
- Units
- 35 residential · 1 commercial
- Subway
- 4 min walk to Lexington Av/59 St 4 5 6 N R WLexington Av/63 St M Q, 5 min
- Developer
- Coral Realty
- Principals
- Alex Forkosh
- Average $/sf
- $2,123Homes in Schedule A, as first offered
- Common charges
- $1,410–$7,860 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 To December 31, 2024
- Offering price
- $95.4 million total
- Floor plans
- Page 349 of the plan
The sponsor of record is Asf 61 LLC, represented by Holland & Knight LLP. The offering plan runs 540 pages. The sponsor has filed 4 amendments, the latest in August 2025. The nearest other condo plan on file is 301 East 61st Street Condominium, next door.
Plan CD230065 · New · accepted Aug 30, 2023 · AG record ↗
Compare
| Figure | This building1 | Arloparc228 units · 1.3 miaccepted 2023 | Lightsquare329 units · 1.5 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.94Highest | $0.92 | $0.54 |
| Average Offering PricePer Apartment | $2.72MIn line | $4.73M | $1.67M |
| Average PricePer Square Foot | $2,123In line | $2,477 | $1,881 |
| Property TaxesPer Square Foot / Month | $0.90Below peers | $1.89 | $0.99 |
| Average Unit SizeSquare Feet | 1,280 SFIn line | 1,909 SF | 888 SF |
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Unit mix, closings, budgets, finishes and the team, against Arloparc and Lightsquare, 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
Closings Pro
| Homes closed49% of the homes in Schedule A | 17 of 35 |
| Closing prices vs. Schedule A17 homes: $35,190,726 at closing against $39,165,000 in Schedule A (p. 81) | −10.1% |
| Average closing price17 homes, on their Schedule A square feet | $1,905 / SF |
| Closingsfirst and latest recorded | May 1, 2024 – Apr 30, 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 17 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 504 | May 1, 2024 | $1,550,000 | $1,510,000 p. 81 | +2.6% |
| 404 | May 3, 2024 | $1,512,101 | $1,485,000 p. 81 | +1.8% |
| 501 | May 3, 2024 | $1,827,759 | $2,050,000 p. 81 | −10.8% |
| 602 | May 13, 2024 | $3,995,000 | $4,475,000 p. 81 | −10.7% |
| 604 | May 16, 2024 | $2,615,000 | $2,675,000 p. 81 | −2.2% |
| 305 | May 24, 2024 | $997,885 | $1,325,000 p. 81 | −24.7% |
| 505 | Jun 17, 2024 | $1,172,500 | $1,355,000 p. 81 | −13.5% |
| 701 | Jun 25, 2024 | $2,265,606 | $2,400,000 p. 81 | −5.6% |
| PH2 | Oct 17, 2024 | $5,588,606 | $5,500,000 p. 81 | +1.6% |
| 903 | Nov 5, 2024 | $1,552,831 | $1,700,000 p. 81 | −8.7% |
| 601 | Dec 2, 2024 | $1,915,000 | $2,300,000 p. 81 | −16.7% |
| 603 | Mar 7, 2025 | $1,250,000 | $1,550,000 p. 81 | −19.4% |
| PH4 | Apr 15, 2025 | $2,745,000 | $3,500,000 p. 81 | −21.6% |
| 703 | May 2, 2025 | $1,400,000 | $1,600,000 p. 81 | −12.5% |
| 405 | Nov 24, 2025 | $995,000 | $1,340,000 p. 81 | −25.7% |
| 803 | Jan 15, 2026 | $1,415,550 | $1,650,000 p. 81 | −14.2% |
| 704 | Apr 30, 2026 | $2,392,888 | $2,750,000 p. 81 | −13% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Asf 61 LLC
- Developer
- Coral Realty
- Principals
- Alex Forkosh
- Counsel
- Holland & Knight LLP
- Tax estimate
- Boris Saks, Esq. PLLCPrepared the first-year real estate tax projection
- Construction lender
- CRX 61st Street$2 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 301 East 61st Street Condominiumnext door · 30 units · 2016
- 337 East 62nd Condosnext door · 22 units · 2014
- 249 East 62nd Street Condominiumnext door · 66 units · 2023
- Mayberry0.1 mi · 180 units
- 300 East 64th Street Condominium0.1 mi · 102 units · 2014
- 200 E 62 Condominium0.1 mi · 115 units · 1 parking · 2015