THE CONDO BOOK PROJECT

34 Prince Street Condominium

34 Prince Street / 235 Mott Street, Manhattan, NY 10012

Compare

Overview

Units
7 residential
Subway
3 min walk to Spring St 6Prince St R W, 4 min
Developers
Time Equities, Inc., Hamlin Ventures, LLC
Principals
Francis Greenburger, Robert Kantor, Abby Hamlin
Average $/sf
$2,964Homes in Schedule A, as first offered
Common charges
$4,545–$8,396 a monthSponsor's first-year estimate in Schedule A, January 1, 2017-December 31, 2017
Offering price
$70.7 million total

The sponsor of record is 34 Prince Equities LLC, represented by Daniel A. Schwartzman Attorney At Law. The offering plan runs 580 pages. The sponsor has filed 9 amendments, the latest in July 2023. The nearest other condo plan on file is 25 Prince Street Condominium, next door.

Plan CD140371 · New · accepted Oct 9, 2015 · AG record ↗

Compare

FigureThis building1347 Bowery25 units · 0.3 miaccepted 201552 Wooster34 units · 0.4 miaccepted 2015
Common ChargesPer Square Foot / Month$1.77Highest$0.99$1.36
Average Offering PricePer Apartment$10.1MAbove peers$9.35M$7M
Average PricePer Square Foot$2,964In line$3,219$2,683
Property TaxesPer Square Foot / Month$1.34Above peers$1.13$1.26
Average Unit SizeSquare Feet3,408 SFLargest2,905 SF2,610 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 347 Bowery and 52 Wooster, 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.

Closings Pro

Homes closed100% of the homes in Schedule A7 of 7
Closing prices vs. Schedule A4 homes: $29,140,568 at closing against $34,070,000 in Schedule A (p. 48)−14.5%
Average closing price4 homes, on their Schedule A square feet$2,502 / SF
Closingsfirst and latest recordedSep 17, 2018 – Feb 4, 2025

Sales recorded with the Department of Finance (ACRIS) through Aug 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 7 closings
HomeRecordedClosing priceSchedule ADifference
3ASep 17, 2018$7,881,255$7,740,000 p. 48+1.8%
3BDec 19, 2018$6,700,000$8,080,000 p. 48−17.1%
1BJan 29, 2019$10,393,988——
2BApr 25, 2019$6,559,313$8,000,000 p. 48−18%
4B (PDec 14, 2021$9,900,000——
3CSep 9, 2022$10,250,000——
2AFeb 4, 2025$8,000,000$10,250,000 p. 48−22%

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
34 Prince Equities LLC
Developers
Time Equities, Inc., Hamlin Ventures, LLC
Principals
Francis Greenburger, Robert Kantor, Abby Hamlin
Tax estimate
Tuchman, Korngold, Weiss, Liebman & Gelles, LLPPrepared the first-year real estate tax projection

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

Nearby