45 East 7th Street Condominium
45 East 7th Street, Manhattan, NY 10003
Overview
- Units
- 21 residential · 21 storage · 1 commercial
- Subway
- 5 min walk to Astor Pl 68 St-NYU R W, 6 min
- Developer
- Nexus Building Development Group
- Principals
- Yaniv Shaky Cohen
- Average $/sf
- $2,484Homes in Schedule A, as first offered
- Common charges
- $791–$6,191 a monthSponsor's first-year estimate in Schedule A, August 1, 2020 - July 31, 2021
- Offering price
- $8.04 million total
- Floor plans
- Page 3 of the plan
The sponsor of record is Avenue Second Owner LLC, represented by Starr Associates, LLP. The offering plan runs 491 pages. The sponsor has filed 6 amendments, the latest in September 2024. The nearest other condo plan on file is Theatre Condominium, next door.
Plan CD190318 · New · accepted Apr 27, 2020 · AG record ↗
Compare
| Figure | This building1 | Grand Mulberry220 units · 0.8 miaccepted 2021 | 175 Chrystie314 units · 0.6 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.90Highest | $1.55 | $1.24 |
| Average Offering PricePer Apartment | $2.09MIn line | $1.94M | $3.98M |
| Average PricePer Square Foot | $2,484Above peers | $2,369 | $2,339 |
| Property TaxesPer Square Foot / Month | $0.60Lowest | $0.95 | $1.02 |
| Average Unit SizeSquare Feet | 841 SFIn line | 818 SF | 1,703 SF |
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Unit mix, closings, budgets, finishes and the team, against Grand Mulberry and 175 Chrystie, 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 | 21 of 21 |
| Closing prices vs. Schedule A21 homes: $38,040,000 at closing against $43,860,000 in Schedule A (p. 56) | −13.3% |
| Average closing price21 homes, on their Schedule A square feet | $2,154 / SF |
| Closingsfirst and latest recorded | May 24, 2021 – Jun 24, 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 22 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3E | May 24, 2021 | $1,395,000 | $1,450,000 p. 56 | −3.8% |
| 3D | May 25, 2021 | $1,880,000 | $2,095,000 p. 56 | −10.3% |
| 4A | May 25, 2021 | $1,995,000 | $2,195,000 p. 56 | −9.1% |
| 4C | May 26, 2021 | $2,295,000 | $2,450,000 p. 56 | −6.3% |
| 5C | May 26, 2021 | $2,350,000 | $2,495,000 p. 56 | −5.8% |
| 5D | May 26, 2021 | $1,295,000 | $1,395,000 p. 56 | −7.2% |
| 6B | May 26, 2021 | $1,395,000 | $1,475,000 p. 56 | −5.4% |
| 5B | Jun 1, 2021 | $1,465,000 | $1,460,000 p. 56 | +0.3% |
| 2C | Jun 2, 2021 | $1,295,000 | $1,350,000 p. 56 | −4.1% |
| 4B | Jun 4, 2021 | $1,395,000 | $1,435,000 p. 56 | −2.8% |
| 2B | Jun 17, 2021 | $1,295,000 | $1,335,000 p. 56 | −3% |
| 6A | Jun 17, 2021 | $2,000,000 | $2,305,000 p. 56 | −13.2% |
| 6C | Jun 28, 2021 | $3,300,000 | $3,795,000 p. 56 | −13% |
| 2D | Aug 18, 2021 | $1,880,000 | $1,995,000 p. 56 | −5.8% |
| 5A | Aug 18, 2021 | $2,000,000 | $2,250,000 p. 56 | −11.1% |
| 4D | Aug 31, 2021 | $1,295,000 | $1,370,000 p. 56 | −5.5% |
| NRU | Oct 28, 2021 | $6,098,250 | — | — |
| 3A | Nov 12, 2021 | $915,000 | $985,000 p. 56 | −7.1% |
| 3B | Nov 24, 2021 | $1,370,000 | $1,370,000 p. 56 | 0% |
| 3C | Nov 24, 2021 | $1,385,000 | $1,385,000 p. 56 | 0% |
| 2A | Nov 29, 2021 | $905,000 | $970,000 p. 56 | −6.7% |
| PH | Jun 24, 2026 | $4,935,000 | $8,300,000 p. 56 | −40.5% |
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
- Avenue Second Owner LLC
- Developer
- Nexus Building Development Group
- Principals
- Yaniv Shaky Cohen
- Counsel
- Starr Associates, LLP
- Tax estimate
- Tuchman, Korngold, Weiss, Liebman & Lindemann LLPPrepared the first-year real estate tax projection
- Construction lenders
- Bank Leumi, Be-Aviv$29.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Theatre Condominiumnext door · 11 units · 2008
- 42 St. Marks Place Condominiumnext door · 4 units · 2006
- 220 East 9th Street Condominiumnext door · 18 units · 10 parking · 2025
- 15 St. Marks Pl. Condominiumnext door · 10 units · 2004
- Rothko Housenext door · 2 units · 2025
- Stuyvesant Street Condominium0.1 mi · 12 units · 2007