THE CONDO BOOK PROJECT

Marx Condominium

324 East 93rd Street, Manhattan, NY 10128

Overview

Units
6 residential · 6 storage
Subway
3 min walk to 96 St Q86 St Q, 9 min
Principals
Yaniv Shaky Cohen
Average $/sf
$1,880Homes in Schedule A, as first offered
Common charges
$2,295–$3,057 a monthSponsor's first-year estimate in Schedule A, April 1, 2021- March 31, 2022
Offering price
$10.3 million total

The sponsor of record is Ninety Three East LLC**, represented by Starr Associates, LLP. The offering plan runs 511 pages. The sponsor has filed 5 amendments, the latest in January 2024. The nearest other condo plan on file is Chartwell House Condominium, next door.

Plan CD200141 · New · accepted Apr 2, 2021 · AG record ↗

Compare

FigureThis building1165 E. 62nd210 units · 1.6 miaccepted 2020323 East 53rd311 units · 2 miaccepted 2021
Common ChargesPer Square Foot / Month$1.44In line$1.05$1.49
Average Offering PricePer Apartment$3.24MIn line$3.37M$950,000
Average PricePer Square Foot$1,880In line$2,003$1,724
Property TaxesPer Square Foot / Month$1.47In line$1.16$1.86
Average Unit SizeSquare Feet1,724 SFLarger1,683 SF551 SF

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Unit mix, closings, budgets, finishes and the team, against 165 E. 62nd and 323 East 53rd, 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 A6 of 6
Closing prices vs. Schedule A6 homes: $13,948,251 at closing against $19,450,000 in Schedule A (p. 53)−28.3%
Average closing price6 homes, on their Schedule A square feet$1,349 / SF
Closingsfirst and latest recordedJul 25, 2022 – Sep 9, 2025

Sales recorded with the Department of Finance (ACRIS) through Mar 31, 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 6 closings
HomeRecordedClosing priceSchedule ADifference
201Jul 25, 2022$2,240,150$2,775,000 p. 53−19.3%
101Mar 15, 2023$2,952,925$3,700,000 p. 53−20.2%
401Jun 27, 2024$1,883,763$3,025,000 p. 53−37.7%
301Jul 9, 2024$2,050,000$2,925,000 p. 53−29.9%
501Sep 18, 2024$2,072,139$3,125,000 p. 53−33.7%
601Sep 9, 2025$2,749,275$3,900,000 p. 53−29.5%

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Closings are for subscribers

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
Ninety Three East LLC**
Principals
Yaniv Shaky Cohen
Tax estimate
Tuchman, Korngold, Weiss, Liebman & Lindemann LLPPrepared the first-year real estate tax projection
Construction lender
Be-Aviv$10.2 million recorded

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

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