THE CONDO BOOK PROJECT

Nine 52nd Condominium

416 West 52nd Street, Manhattan, NY 10019

Overview

Units
155 residential · 36 storage
Subway
6 min walk to 50 St C E7 Av B D E, 8 min
Principals
Daniel Fishman
Offering price
$230 million total $232.4 million when first offered

The sponsor of record is Gaia 416 West 52nd Street (Owner) LLC., represented by Starr Associates, LLP. The offering plan runs 530 pages. The sponsor has filed 26 amendments, the latest in November 2025. The nearest other condo plan on file is 424w52 Condominium, next door.

Plan CD150300 · New · accepted Feb 12, 2016 · AG record ↗

Compare

FigureThis building1The Perrie295 units · 1.2 miaccepted 2015325 Lex3125 units · 1.2 miaccepted 2014
Average Offering PricePer Apartment$1.5MAbove peers$1.45M$1.4M

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Unit mix, closings, budgets, finishes and the team, against The Perrie and 325 Lex, 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 closed86% of the homes in the plan133 of 155
Closingsfirst and latest recordedSep 21, 2016 – Jul 30, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 133 closings
HomeRecordedClosing priceSchedule ADifference
308Sep 21, 2016$883,000——
508Sep 21, 2016$911,000——
510Sep 21, 2016$984,000——
610Sep 21, 2016$999,000——
TH214Sep 21, 2016$1,796,000——
626Sep 22, 2016$1,652,000——
TH205Sep 27, 2016$1,965,000——
203Sep 30, 2016$736,000——
324Sep 30, 2016$679,000——
403Sep 30, 2016$792,000——
424Sep 30, 2016$704,000——
522Sep 30, 2016$1,190,000——
524Sep 30, 2016$729,000——
303Oct 5, 2016$767,000——
305Oct 5, 2016$1,140,000——
211Oct 7, 2016$778,000——
322Oct 7, 2016$1,150,000——
418Oct 7, 2016$780,000——
PH823Oct 7, 2016$2,020,000——
521Oct 11, 2016$1,120,000——
710Oct 11, 2016$966,000——
200Oct 13, 2016$859,000——
201Oct 13, 2016$597,000——
404Oct 13, 2016$1,462,800——
207Oct 14, 2016$739,000——
TH215Oct 14, 2016$1,499,000——
622Oct 17, 2016$1,255,607——
703Oct 17, 2016$877,000——
603Oct 19, 2016$2,395,000one deed, 3 homes——
624Oct 19, 2016$2,395,000one deed, 3 homes——
724Oct 19, 2016$2,395,000one deed, 3 homes——
204Oct 25, 2016$1,321,750——
217Oct 31, 2016$1,038,000——
700Oct 31, 2016$1,380,000——
600Nov 7, 2016$1,312,000——
726Nov 14, 2016$1,749,000——
310Nov 16, 2016$943,750——
321Nov 22, 2016$1,076,000——
309Dec 9, 2016$1,098,000——
410Dec 9, 2016$960,000——
722Dec 29, 2016$1,265,000——
300Jan 12, 2017$1,172,750——
315Jan 19, 2017$1,740,000——
711Jan 20, 2017$972,429——
421Feb 1, 2017$1,052,750——
426Feb 3, 2017$1,515,000——
407Feb 7, 2017$1,190,000——
526Feb 8, 2017$1,550,000——
405Feb 15, 2017$1,155,000——
408Feb 15, 2017$1,150,000——
409Feb 15, 2017$1,120,000——
419Feb 15, 2017$1,117,500——
505Feb 15, 2017$1,170,000——
509Feb 15, 2017$1,125,000——
326Feb 16, 2017$1,440,000——
302Apr 10, 2017$1,140,000——
620Apr 27, 2017$1,320,000——
625May 23, 2017$1,525,000——
307May 25, 2017$1,030,000——
507May 25, 2017$1,180,000——
615Jun 1, 2017$1,870,000——
425Jun 14, 2017$1,420,000——
TH223Jun 19, 2017$2,375,000——
TH210Jun 29, 2017$1,200,000——
709Jul 11, 2017$1,425,000——
514Jul 18, 2017$1,867,500——
317Jul 21, 2017$1,325,000——
719Aug 14, 2017$1,997,000——
715Aug 15, 2017$1,395,000——
TH225Aug 22, 2017$1,495,000——
413Aug 24, 2017$1,597,750——
500Aug 29, 2017$1,212,000——
609Aug 30, 2017$1,530,125——
TH202Aug 30, 2017$1,097,369——
523Sep 19, 2017$1,575,000——
320Sep 20, 2017$1,270,000——
702Oct 11, 2017$1,258,557——
402Nov 22, 2017$2,407,664one deed, 2 homes——
417Nov 22, 2017$1,322,000——
420Nov 22, 2017$1,311,000——
422Nov 22, 2017$1,159,000——
502Nov 22, 2017$2,407,664one deed, 2 homes——
602Nov 22, 2017$1,280,000——
325Nov 28, 2017$1,395,000——
400Nov 29, 2017$1,176,000——
520Nov 29, 2017$1,331,000——
412Jan 19, 2018$2,553,771——
525Jan 30, 2018$1,470,000——
PH824Feb 8, 2018$2,170,000——
516Mar 28, 2018$1,033,252——
621Mar 28, 2018$1,130,404——
716Mar 28, 2018$1,077,780——
314Mar 29, 2018$1,800,000——
TH212Apr 10, 2018$2,848,759——
313May 18, 2018$1,542,649——
623May 18, 2018$1,590,000——
218Jun 11, 2018$750,000——
414Jun 26, 2018$1,860,000——
PH720Jul 16, 2018$2,120,710——
616Oct 31, 2018$1,030,000——
723Nov 9, 2018$1,600,000——
506Jan 4, 2019$1,936,407——
PH825Nov 25, 2019$940,000——
TH209Apr 4, 2020$1,369,242——
306Mar 22, 2021$16,429,397one deed, 8 homes——
312Mar 22, 2021$16,429,397one deed, 8 homes——
406Mar 22, 2021$16,429,397one deed, 8 homes——
605Mar 22, 2021$16,429,397one deed, 8 homes——
619Mar 22, 2021$16,429,397one deed, 8 homes——
PH717Mar 22, 2021$16,429,397one deed, 8 homes——
TH220Mar 22, 2021$16,429,397one deed, 8 homes——
513Oct 7, 2021$1,476,463——
512Nov 29, 2021$2,414,000——
725Apr 6, 2022$1,310,000——
713Apr 22, 2022$1,430,000——
515Jun 14, 2022$1,485,000——
517Jul 22, 2022$1,225,000——
608Aug 18, 2022$1,580,000——
613Nov 3, 2022$1,365,000——
617Aug 18, 2023$1,050,000——
319Dec 7, 2023$1,375,000——
519Dec 27, 2023$1,445,000——
612Jan 4, 2024$1,999,334——
TH323Jan 6, 2025$1,485,000——
712Jan 15, 2025$1,550,000——
TH227Mar 21, 2025$1,275,000——
TH226Apr 11, 2025$1,165,000——
708Jun 3, 2025$1,195,000——
705Jul 2, 2025$998,000——
TH221May 4, 2026$989,000——
704May 15, 2026$1,262,500——
TH213Jun 16, 2026$1,440,000——
TH219Jul 30, 2026$985,000——

Pro

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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
Gaia 416 West 52nd Street (Owner) LLC.
Principals
Daniel Fishman
Tax estimate
Tuchman, Korngold, Weiss, Liebman & Gelles, LLPPrepared the first-year real estate tax projection
Construction lender
Tpg RE Finance 2$122.8 million loan stated in the plan

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

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