THE CONDO BOOK PROJECT

310 East 86th Street Condominium

306, 308, 310 And 314 East 86th Street, Manhattan, NY 10028

Overview

Units
68 residential · 24 storage · 3 commercial
Subway
1 min walk to 86 St Q86 St 4 5 6, 5 min
Developers
IGI- IZAKI GROUP USA, ATLAS PLC, Brack Capital Group, Brack Real Estate, IGI - Izaki Group Investments, Rodemco LTD.
Principals
Eldad Blaustein, Ron Izaki
Average $/sf
$2,110Homes in Schedule A, as first offered
Common charges
$966–$2,408 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 Through June 30, 2025
Offering price
$260.5 million total $255.2 million when first offered

The sponsor of record is Igi E86 LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 581 pages. The sponsor has filed 10 amendments, the latest in June 2026. The nearest other condo plan on file is Georgica Condominium, next door.

Plan CD200176 · New · accepted Feb 19, 2021 · AG record ↗

Compare

FigureThis building12505 Broadway244 units · 1.6 miaccepted 2021Westly357 units · 1.6 miaccepted 2021
Common ChargesPer Square Foot / Month$0.88Lowest$1.21$1.13
Average Offering PricePer Apartment$3.54MBelow peers$3.87M$4.63M
Average PricePer Square Foot$2,110Below peers$2,232$2,450
Property TaxesPer Square Foot / Month$1.78Highest$0.96$1.15
Average Unit SizeSquare Feet1,678 SFSmaller1,735 SF1,889 SF

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Unit mix, closings, budgets, finishes and the team, against 2505 Broadway and Westly, 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 closed100% of the homes in Schedule A68 of 68
Closing prices vs. Schedule A55 homes: $197,783,444 at closing against $197,470,000 in Schedule A (p. 56, p. 57)+0.2%
Average closing price55 homes, on their Schedule A square feet$2,098 / SF
Closingsfirst and latest recordedMar 4, 2024 – Jul 22, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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 78 closings
HomeRecordedClosing priceSchedule ADifference
4DMar 4, 2024$3,200,000$3,590,000 p. 56−10.9%
SU8Mar 4, 2024$3,200,000——
15BMar 5, 2024$4,400,000$4,400,000 p. 570%
SU23Mar 5, 2024$4,400,000——
3CMar 6, 2024$2,079,250$2,125,000 p. 56−2.2%
10CMar 6, 2024$5,654,250$2,800,000 p. 57+101.9%
PHAMar 6, 2024$7,404,250$7,500,000 p. 57−1.3%
7CMar 7, 2024$2,250,000$2,225,000 p. 56+1.1%
6CMar 12, 2024$2,313,719$2,200,000 p. 56+5.2%
SU18Mar 12, 2024$2,313,719——
4AMar 15, 2024$2,000,000$2,075,000 p. 56−3.6%
10AMar 15, 2024$3,704,250$3,850,000 p. 56−3.8%
SU24Mar 15, 2024$3,704,250——
2CApr 1, 2024$4,979,250$5,300,000 p. 56−6.1%
SU13Apr 1, 2024$4,979,250——
20AApr 19, 2024$3,000,000$3,000,000 p. 570%
SU14Apr 19, 2024$3,000,000——
17BApr 25, 2024$4,550,000$4,550,000 p. 570%
SU22Apr 25, 2024$4,550,000——
3BMay 6, 2024$3,317,438$3,600,000 p. 56−7.8%
5BMay 23, 2024$3,340,000$3,670,000 p. 56−9%
4BJun 24, 2024$3,290,000$3,640,000 p. 56−9.6%
11AJun 24, 2024$3,794,250$3,890,000 p. 57−2.5%
SU6Jun 24, 2024$3,794,250——
SU7Jun 24, 2024$3,290,000——
9AJun 25, 2024$2,150,000$2,200,000 p. 56−2.3%
4CAug 9, 2024$2,200,000$2,150,000 p. 56+2.3%
10BAug 19, 2024$4,200,000$4,200,000 p. 570%
6BAug 29, 2024$3,400,000$3,710,000 p. 56−8.4%
SU9Aug 29, 2024$3,400,000——
2BSep 4, 2024$4,950,000$5,300,000 p. 56−6.6%
SU10Sep 4, 2024$4,950,000——
SU20Sep 4, 2024$4,950,000——
11BSep 25, 2024$4,250,000$4,250,000 p. 570%
SU21Sep 25, 2024$4,250,000——
14ADec 11, 2024$3,875,000$3,970,000 p. 57−2.4%
7BDec 12, 2024$3,500,000$3,750,000 p. 56−6.7%
5CJan 31, 2025$2,225,000$2,175,000 p. 56+2.3%
12AFeb 19, 2025$3,875,000$3,930,000 p. 57−1.4%
19BFeb 21, 2025$4,600,000$4,600,000 p. 570%
5DFeb 28, 2025$3,294,250$3,630,000 p. 56−9.2%
SU2Feb 28, 2025$3,294,250——
8CMar 31, 2025$2,300,000$2,250,000 p. 56+2.2%
9CApr 1, 2025$2,329,250$2,275,000 p. 56+2.4%
6DApr 24, 2025$3,325,000$3,670,000 p. 56−9.4%
7AMay 6, 2025$2,150,000$2,150,000 p. 560%
5AMay 7, 2025$2,100,000$2,100,000 p. 560%
6AMay 7, 2025$2,125,000$2,125,000 p. 560%
8AJun 17, 2025$2,175,000$2,175,000 p. 560%
18BJun 18, 2025$4,600,000$4,600,000 p. 570%
SU12Jun 18, 2025$4,600,000——
7DJul 10, 2025$3,450,000$3,710,000 p. 56−7%
SU11Jul 10, 2025$3,450,000——
12BJul 24, 2025$4,300,000$4,300,000 p. 570%
18CJul 25, 2025$3,995,000$4,225,000 p. 57−5.4%
3DSep 19, 2025$3,150,000$3,550,000 p. 56−11.3%
14BOct 30, 2025$4,425,000$4,350,000 p. 57+1.7%
16BNov 3, 2025$4,500,000$4,500,000 p. 570%
SU19Nov 3, 2025$4,500,000——
17CNov 14, 2025$3,950,000$4,200,000 p. 57−6%
8DNov 17, 2025$3,550,000$3,750,000 p. 56−5.3%
9BDec 4, 2025$3,650,000$3,830,000 p. 56−4.7%
SU17ADec 4, 2025$3,650,000——
8BDec 5, 2025$3,675,000$3,790,000 p. 56−3%
SU17CDec 5, 2025$3,675,000——
3ADec 9, 2025$2,100,000$2,050,000 p. 56+2.4%
16CJan 20, 2026$4,054,250$4,200,000 p. 57−3.5%
15CFeb 25, 2026$6,000,000$2,925,000 p. 57+105.1%
19CMar 17, 2026$4,134,038$4,275,000 p. 57−3.3%
SU3BMar 17, 2026$4,134,038——
17AMar 20, 2026$4,300,000$4,300,000 p. 570%
SU4BMar 20, 2026$4,300,000——
16AApr 15, 2026$4,350,000$4,500,000 p. 57−3.3%
SU15BApr 15, 2026$4,350,000——
19AMay 8, 2026$3,600,000$3,600,000 p. 570%
9DJul 21, 2026$3,700,000$3,790,000 p. 56−2.4%
18AJul 22, 2026$4,000,000$4,000,000 p. 570%
SU15DJul 22, 2026$4,000,000——

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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
Igi E86 LLC
Developers
IGI- IZAKI GROUP USA, ATLAS PLC, Brack Capital Group, Brack Real Estate, IGI - Izaki Group Investments, Rodemco LTD.
Principals
Eldad Blaustein, Ron Izaki
Tax estimate
Marcus and Pollack LLPPrepared the first-year real estate tax projection
Construction lender
Bank LeumiLender on the mortgage and building loan agreement recorded May 2019 in ACRIS; $56.2 million recorded

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