422 West 20th Street Condominium
420-424 West 20th Street, Manhattan, NY 10011
Overview
- Units
- 39 residential · 1 commercial
- Subway
- 8 min walk to 23 St C E14 St/8 Av A C E L, 8 min
- Developer
- The Brodsky Organization
- Principals
- Daniel Brodsky
- Average $/sf
- $1,233Homes in Schedule A, as first offered
- Common charges
- $829–$2,455 a monthSponsor's first-year estimate in Schedule A, First Year
- Offering price
- $41.8 million total
- Floor plans
- Pages 515–516 of the plan
The sponsor of record is 420 West 20th Street, LLC, represented by Stroock & Stroock & Lavan LLP. The offering plan runs 772 pages. The sponsor has filed 10 amendments, the latest in August 2013. The nearest other condo plan on file is 435 W. 19th Street Condominium, next door.
Plan CD110155 · New · accepted Mar 2, 2012 · AG record ↗
Compare
| Figure | This building1 | Chelsea Green251 units · 0.5 miaccepted 2012 | 35 Xv356 units · 0.7 miaccepted 2012 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.46Highest | $1.16 | $1.04 |
| Average Offering PricePer Apartment | $1.13MLowest | $1.63M | $4.04M |
| Average PricePer Square Foot | $1,233Lowest | $1,505 | $2,193 |
| Property TaxesPer Square Foot / Month | $0.98Highest | $0.48 | $0.63 |
| Average Unit SizeSquare Feet | 920 SFSmaller | 1,082 SF | 1,841 SF |
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Unit mix, closings, budgets, finishes and the team, against Chelsea Green and 35 Xv, cited to the offering plans. No credit card required.
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- 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 closed95% of the homes in Schedule A | 36 of 38 |
| Closing prices vs. Schedule A31 homes: $36,103,931 at closing against $33,740,000 in Schedule A (p. 91, p. 92) | +7% |
| Average closing price31 homes, on their Schedule A square feet | $1,315 / SF |
| Closingsfirst and latest recorded | Dec 4, 2012 – Nov 14, 2013 |
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 36 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2H | Dec 4, 2012 | $1,094,619 | $1,035,000 p. 91 | +5.8% |
| 4A | Dec 4, 2012 | $2,056,865 | $2,020,000 p. 91 | +1.8% |
| 5A | Dec 4, 2012 | $2,133,234 | $2,095,000 p. 92 | +1.8% |
| 4D | Dec 6, 2012 | $997,885 | $980,000 p. 91 | +1.8% |
| 4G | Dec 6, 2012 | $1,323,725 | $1,255,000 p. 91 | +5.5% |
| PARG | Dec 6, 2012 | $1,277,904 | — | — |
| 5C | Dec 7, 2012 | $799,326 | $785,000 p. 92 | +1.8% |
| 2C | Dec 11, 2012 | $682,228 | $670,000 p. 91 | +1.8% |
| 4B | Dec 13, 2012 | $997,961 | $995,000 p. 91 | +0.3% |
| 5H | Dec 13, 2012 | $1,201,535 | $1,180,000 p. 92 | +1.8% |
| PARA | Dec 13, 2012 | $2,087,413 | — | — |
| 3C | Dec 17, 2012 | $721,175 | $700,000 p. 91 | +3% |
| 3D | Dec 17, 2012 | $963,284 | $935,000 p. 91 | +3% |
| 5E | Dec 17, 2012 | $1,934,675 | $755,000 p. 92 | +156.2% |
| 2A | Dec 19, 2012 | $1,965,223 | $1,905,000 p. 91 | +3.2% |
| 2B | Dec 19, 2012 | $906,243 | $910,000 p. 91 | −0.4% |
| 3F | Dec 19, 2012 | $1,216,809 | $1,005,000 p. 91 | +21.1% |
| PAR D | Dec 19, 2012 | $1,210,950 | — | — |
| 2F | Dec 20, 2012 | $977,520 | $960,000 p. 91 | +1.8% |
| 3H | Dec 20, 2012 | $1,140,440 | $1,080,000 p. 91 | +5.6% |
| 4F | Dec 20, 2012 | $997,885 | $1,055,000 p. 91 | −5.4% |
| 4H | Jan 3, 2013 | $1,145,531 | $1,125,000 p. 91 | +1.8% |
| 5D | Jan 3, 2013 | $1,094,619 | $1,030,000 p. 92 | +6.3% |
| 3E | Jan 7, 2013 | $682,228 | $670,000 p. 91 | +1.8% |
| 5B | Jan 8, 2013 | $1,064,071 | $1,045,000 p. 92 | +1.8% |
| 5G | Jan 8, 2013 | $1,410,276 | $1,320,000 p. 92 | +6.8% |
| 3B | Jan 9, 2013 | $967,338 | $950,000 p. 91 | +1.8% |
| 3G | Jan 9, 2013 | $1,254,993 | $1,200,000 p. 91 | +4.6% |
| 2D | Jan 17, 2013 | $911,334 | $895,000 p. 91 | +1.8% |
| 2G | Jan 17, 2013 | $1,221,900 | $1,150,000 p. 91 | +6.3% |
| 3A | Jan 17, 2013 | $1,980,496 | $1,945,000 p. 91 | +1.8% |
| 2E | Jan 29, 2013 | $651,680 | $640,000 p. 91 | +1.8% |
| 4E | Jan 30, 2013 | $799,326 | $710,000 p. 91 | +12.6% |
| PAR H | Jan 31, 2013 | $1,109,893 | — | — |
| 4C | Feb 15, 2013 | $809,509 | $740,000 p. 91 | +9.4% |
| PAR B | Nov 14, 2013 | $1,850,000 | — | — |
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
- 420 West 20th Street, LLC
- Developer
- The Brodsky Organization
- Principals
- Daniel Brodsky
- Tax estimate
- Podell, Schwartz, Schechter & Banfield, LLPPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 435 W. 19th Street Condominiumnext door · 21 units · 2022
- 455 West 20th Street Condominiumnext door · 23 units · 2012
- 428 West 19th Streetnext door · 33 units · 2024
- Node House Condominiumnext door · 2 units · 2004
- Abi Chelsea Condominiumnext door · 10 units · 2018
- Chelsea Enclavenext door · 53 units · 2008