350 East 81st Street Condominium
350 East 81st Street, Manhattan, NY 10028
Overview
- Units
- 3 residential
- Subway
- 5 min walk to 86 St Q77 St 6, 11 min
- Principals
- Marcos Camhis
- Average $/sf
- $1,532Homes in Schedule A, as first offered
- Common charges
- $2,931–$5,293 a monthSponsor's first-year estimate in Schedule A, July 1, 2020-June 30, 2021
- Offering price
- $14 million total
- Floor plans
- Pages 226–229 of the plan
The sponsor of record is Hadramant LLC, represented by Belkin Burden Wenig & Goldman, LLP. The offering plan runs 413 pages. The sponsor has filed 1 amendment, the latest in February 2022. The nearest other condo plan on file is Wellington Tower Condominium, next door.
Plan CD180333 · Conversion · accepted Mar 6, 2020 · AG record ↗
Compare
| Figure | This building1 | 222 East 81st23 units · 0.2 miaccepted 2020 | The Gianna35 units · 0.9 miaccepted 2017 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.25Below peers | $2.65 | $1.42 |
| Average Offering PricePer Apartment | $4.9MLowest | $7.43M | $5.95M |
| Average PricePer Square Foot | $1,532Lowest | $2,063 | $3,076 |
| Property TaxesPer Square Foot / Month | $1.17In line | $1.17 | $1.14 |
| Average Unit SizeSquare Feet | 3,198 SFIn line | 3,602 SF | 1,935 SF |
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See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 222 East 81st and The Gianna, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A1 home: $3,400,000 at closing against $6,500,000 in Schedule A (p. 50) | −47.7% |
| Average closing price1 home, on their Schedule A square feet | $962 / SF |
| Closingsfirst and latest recorded | Jan 15, 2020 – Jul 2, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Jul 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 5 | Jan 15, 2020 | $3,238,840 | — | — |
| 3 | Aug 23, 2021 | $3,400,000 | $6,500,000 p. 50 | −47.7% |
| PH | Jul 2, 2026 | $3,521,588 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Hadramant LLC
- Principals
- Marcos Camhis
- Tax estimate
- Brandt, Steinberg, Lewis & Blond LLPPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Wellington Tower Condominiumnext door · 147 units · 2006
- 318 East 81st Street Condominiumnext door · 6 units · 2017
- Park Mansion Condominiumnext door · 6 units · 2016
- Matteo Condominiumnext door · 14 units · 2023
- Manor82 Condominiumnext door · 21 units · 6 parking · 2020
- 301 East 80th Street Condominiumnext door · 72 units · 2018