THE CONDO BOOK PROJECT

420 East 75th Street Condominium

420 East 75th Street, Manhattan, NY 10021

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Overview

Units
6 residential
Subway
7 min walk to 72 St Q77 St 6, 10 min
Principals
Nadav Hamo
Average $/sf
$2,067Homes in Schedule A, as first offered
Common charges
$1,164–$1,248 a monthSponsor's first-year estimate in Schedule A, January 1, 2025- December 31, 2025
Offering price
$28.7 million total

The sponsor of record is 418 East 75 Street LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 327 pages. The sponsor has filed 3 amendments, the latest in August 2026. The nearest other condo plan on file is 417-419 East 74th Street Condominium, next door.

Plan CD230323 · New · accepted May 29, 2024 · AG record ↗

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FigureThis building1256 West 88th24 units · 1.8 miaccepted 2024140 West 81st36 units · 1.5 miaccepted 2022
Common ChargesPer Square Foot / Month$0.53In line$0.52$2.62
Average Offering PricePer Apartment$4.78MIn line$2M$8.6M
Average PricePer Square Foot$2,067In line$1,901$2,406
Property TaxesPer Square Foot / Month$2.11Highest$1.34$1.49
Average Unit SizeSquare Feet2,311 SFIn line1,054 SF3,110 SF

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Unit mix, closings, budgets, finishes and the team, against 256 West 88th and 140 West 81st, 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 closed50% of the homes in Schedule A3 of 6
Closing prices vs. Schedule A3 homes: $13,644,000 at closing against $14,380,000 in Schedule A (p. 49)−5.1%
Average closing price3 homes, on their Schedule A square feet$2,001 / SF
Closingsfirst and latest recordedAug 22, 2025 – May 29, 2026

Sales recorded with the Department of Finance (ACRIS) through Jun 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 3 closings
HomeRecordedClosing priceSchedule ADifference
3Aug 22, 2025$4,200,000$4,760,000 p. 49−11.8%
5Apr 7, 2026$4,565,000$4,770,000 p. 49−4.3%
6May 29, 2026$4,879,000$4,850,000 p. 49+0.6%

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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
418 East 75 Street LLC
Principals
Nadav Hamo
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Terra Solid Capital$13 million recorded

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

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