465 Washington Street Condominium
465 Washington Street, Manhattan, NY 10013
Overview
- Units
- 8 residential · 5 storage · 1 commercial
- Subway
- 5 min walk to Canal St 1Canal St A C E, 7 min
- Principals
- Margaret Brown
- Offering price
- $61.1 million total $52.5 million when first offered
- Floor plans
- Page 200 of the plan
The sponsor of record is Madison 465 W LLC, represented by Lewis Kuper, Esq.. The offering plan runs 365 pages. The sponsor has filed 3 amendments, the latest in August 2021. The nearest other condo plan on file is 471 Washington Street Condominium, next door.
Plan CD170075 · Rehab · accepted Jun 2, 2017 · AG record ↗
Compare
| Figure | This building1 | 391 Broadway24 units · 0.6 miaccepted 2017 | The Paperbox Building39 units · 1.3 miaccepted 2016 |
|---|---|---|---|
| Average Offering PricePer Apartment | $6.56MHighest | $5.13M | $4.42M |
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Unit mix, closings, budgets, finishes and the team, against 391 Broadway and The Paperbox Building, 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.
Closings Pro
| Homes closed100% of the homes in the plan | 8 of 8 |
| Closingsfirst and latest recorded | Mar 15, 2022 – Apr 7, 2025 |
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 10 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4 | Mar 15, 2022 | $5,430,000 | — | — |
| 2 | Mar 23, 2022 | $4,660,000 | — | — |
| 8 | Mar 28, 2022 | $4,300,000 | — | — |
| 5 | Apr 14, 2022 | $5,550,000 | — | — |
| 3 | May 2, 2022 | $179,083 | — | — |
| 9 | Sep 15, 2022 | $9,900,000one deed, 2 homes | — | — |
| 10 | Sep 15, 2022 | $9,900,000one deed, 2 homes | — | — |
| 7 | Aug 9, 2023 | $4,150,000 | — | — |
| CU1 | Sep 26, 2024 | $1,000,000 | — | — |
| 6 | Apr 7, 2025 | $4,600,000 | — | — |
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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.
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
- Madison 465 W LLC
- Principals
- Margaret Brown
- Counsel
- Lewis Kuper, Esq.
- Tax estimate
- Goldberg Weprin Finkel Goldstein LLPPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 471 Washington Street Condominiumnext door · 12 units · 2011
- Arman Condominiumnext door · 8 units · 2 parking · 2012
- 475 Greenwich Street Condominiumnext door · 21 units · 2006
- 290 West Street Condominiumnext door · 13 units · 2014
- Canal Greenwich Condonext door · 0 units
- 449 Washington Condominiumnext door · 4 units · 2013