THE CONDO BOOK PROJECT

310 West 52nd St. Condominium

310 West 52nd Street, Manhattan, NY 10019

Compare

Overview

Units
210 residential · 209 storage
Subway
2 min walk to 50 St C E7 Av B D E, 5 min
Developer
El-Ad Properties NY LLC
Principals
Miki Naftali, Orly Hackmon, Miki Naftli
Offering price
$228.4 million total

The sponsor of record is El-Ad 52, LLC, represented by D'Agostino, Levine Landesman, Etal, L.L.P.. The offering plan runs 569 pages. The sponsor has filed 29 amendments, the latest in January 2018. The nearest other condo plan on file is Sorting House Condominium, next door.

Plan CD050025 · New · accepted Jun 3, 2005 · AG record ↗

Compare

FigureThis building1325 Fifth2250 units · 1.1 miaccepted 2005Caledonia3190 units · 1.8 miaccepted 2006
Average Offering PricePer Apartment$1.09MBelow peers$1.34M$1.2M

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 325 Fifth and Caledonia, cited to the offering plans. No credit card required.

Create a free account
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
El-Ad 52, LLC
Developer
El-Ad Properties NY LLC
Principals
Miki Naftali, Orly Hackmon, Miki Naftli
Tax estimate
Stephen E. McArdle & AssociatesPrepared the first-year real estate tax projection
Construction lender
HSBC BankLender on the mortgage and building loan agreement recorded August 2005 in ACRIS; $125.3 million recorded

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

Nearby