THE CONDO BOOK PROJECT

London Clay Townhouse

32 East 22nd Street, Manhattan, NY 10010

Overview

Units
3 residential · 1 commercial
Subway
1 min walk to 23 St-Baruch College 623 St R W, 2 min
Principals
Andrew Heiberger, Howard Lev
Average $/sf
$2,535Homes in Schedule A, as first offered
Common charges
$2,561–$6,454 a monthSponsor's first-year estimate in Schedule A, Commencing January 1, 2027 and Ending December 31, 2027 ("First Year")
Offering price
$21.6 million total $20.1 million when first offered

The sponsor of record is 32 East 22nd Street, LLC, represented by D'Agostino, Lederman, Landesman, Et Al, LLP. The offering plan runs 449 pages. The sponsor has filed 1 amendment, the latest in August 2026. The nearest other condo plan on file is 36 E. 22nd St Condominium, next door.

Plan CD260077 · Rehab · accepted Jul 27, 2026 · AG record ↗

Compare

FigureThis building1Rothko House22 units · 0.9 miaccepted 202532 Walker35 units · 1.6 miaccepted 2025
Common ChargesPer Square Foot / Month$1.67In line$0.59$1.74
Average Offering PricePer Apartment$6.12MIn line$6M$9.65M
Average PricePer Square Foot$2,535In line$2,128$2,935
Property TaxesPer Square Foot / Month$2.17Highest$0.76$1.18
Average Unit SizeSquare Feet2,413 SFSmaller2,819 SF3,403 SF

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Unit mix, closings, budgets, finishes and the team, against Rothko House and 32 Walker, 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.

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
32 East 22nd Street, LLC
Principals
Andrew Heiberger, Howard Lev
Tax estimate
D’Agostino, Lederman, Landesman, Rivera & Miraglia, LLPPrepared the first-year real estate tax projection
Construction lender
Em Ascent 6Lender on the mortgage and building loan agreement recorded November 2024 in ACRIS; $18.9 million recorded

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

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