325 Fifth Avenue Condominium
321-329 Fifth Avenue, Manhattan, NY 10016
Overview
- Units
- 250 residential · 105 storage · 2 commercial
- Subway
- 4 min walk to 34 St-Herald Sq 4 5 6 B D F L M N Q R W33 St 6, 4 min
- Developers
- Douglaston Development LLC, JELB 5th Avenue LLC
- Principals
- Jeffrey E. Levine, Mark Fisch, Steven Fisch, Steven R. Charno
- Average $/sf
- $1,201Homes in Schedule A, as first offered
- Offering price
- $335 million total
- Floor plans
- Page 82 of the plan
The sponsor of record is Continential Residential Holdings, LLC, represented by Kramer Levin Naftalis & Frankel LLP. The offering plan runs 528 pages. The sponsor has filed 11 amendments, the latest in April 2007. The nearest other condo plan on file is 309 Fifth Avenue Condominium, next door.
Plan CD040441 · New · accepted Apr 8, 2005 · AG record ↗
Compare
| Figure | This building1 | Orion2245 units · 0.8 miaccepted 2005 | The Link3210 units · 1.1 miaccepted 2005 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.34MIn line | $1.71M | $1.09M |
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Unit mix, closings, budgets, finishes and the team, against Orion and The Link, 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
- Continential Residential Holdings, LLC
- Developers
- Douglaston Development LLC, JELB 5th Avenue LLC
- Principals
- Jeffrey E. Levine, Mark Fisch, Steven Fisch, Steven R. Charno
- Tax estimate
- Metropolitan Valuation ServicesPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 309 Fifth Avenue Condominiumnext door · 102 units
- Winston Condominiumnext door · 7 units · 2019
- 172 Madison Avenue Condominiumnext door · 69 units · 2015
- Madison 101 Condominiumnext door · 100 units · 2009
- 20 West 33rd Street Condominiumnext door · 0 units · 2016
- Empire 30 Condominium0.1 mi · 6 units · 2004