THE CONDO BOOK PROJECT

324 West 108 Condominium

324 West 108th Street (Aka 324-326 West 108th, Manhattan, NY 10025

Overview

Units
10 residential
Subway
3 min walk to Cathedral Pkwy (110 St) 1103 St 1, 6 min
Developer
Trevive Development Group
Principals
Hamutal Lieberman, Nimrod Ginsburg, Orly Gilat
Offering price
$30 million total $26.5 million when first offered

The sponsor of record is W 108 Development LLC, represented by Paley Group, P.C., Attorneys At Law. The offering plan runs 688 pages. The sponsor has filed 7 amendments, the latest in December 2024. The nearest other condo plan on file is 610 West 110th Street Condominium, next door.

Plan CD220068 · Rehab · accepted Dec 1, 2022 · AG record ↗

Compare

FigureThis building1The Sandstone26 units · 1.3 miaccepted 2022265 West 131st36 units · 1.3 miaccepted 2022
Average Offering PricePer Apartment$2.65MHighest$841,667$870,833

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Unit mix, closings, budgets, finishes and the team, against The Sandstone and 265 West 131st, 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 closed40% of the homes in the plan4 of 10
Closingsfirst and latest recordedDec 7, 2023 – Jan 31, 2025

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2025: 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 4 closings
HomeRecordedClosing priceSchedule ADifference
21Dec 7, 2023$2,250,000——
32Dec 7, 2023$2,260,000——
42Dec 12, 2023$2,361,934——
41Jan 31, 2025$1,925,000——

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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
W 108 Development LLC
Developer
Trevive Development GroupReported by 324w108.com
Principals
Hamutal Lieberman, Nimrod Ginsburg, Orly Gilat
Tax estimate
Berger P.C.Prepared the first-year real estate tax projection
Construction lender
CPIF Lending$13.9 million loan stated in the plan

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

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