THE CONDO BOOK PROJECT

50 Clinton Street Condominium

50 Clinton Street, Manhattan, NY 10002

Overview

Units
37 residential · 15 storage · 1 commercial
Subway
4 min walk to Delancey St-Essex St F J M Z2 Av F, 8 min
Offering price
$83.1 million total $76.3 million when first offered

The sponsor of record is 50 Clinton Property Owner LLC, represented by Marans, Weisz & Newman, LLC. The sponsor has filed 17 amendments, the latest in November 2018. The nearest other condo plan on file is 66 Clinton Condominium, next door.

Plan CD140375 · New · accepted Apr 3, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan37 of 37
Closingsfirst and latest recordedJun 30, 2017 – Jun 27, 2019

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 49 closings
HomeRecordedClosing priceSchedule ADifference
2AJun 30, 2017$1,781,938——
3AAug 31, 2017$1,909,219——
5AAug 31, 2017$2,036,500——
3ESep 8, 2017$1,968,750one deed, 2 homes——
STORASep 8, 2017$1,968,750one deed, 2 homes——
2FSep 11, 2017$1,094,619——
4ASep 11, 2017$1,909,219——
2ESep 13, 2017$1,832,850——
4BSep 13, 2017$1,374,638——
3FSep 20, 2017$1,221,900——
4FSep 25, 2017$1,272,813one deed, 2 homes——
STORGSep 25, 2017$1,272,813one deed, 2 homes——
3BSep 26, 2017$1,221,900——
5FSep 27, 2017$1,323,725——
2BSep 28, 2017$1,250,000——
2CSep 29, 2017$2,240,150——
3CSep 29, 2017$2,189,238——
4ESep 29, 2017$1,934,675——
4COct 11, 2017$2,291,063——
5COct 24, 2017$2,392,888——
5BNov 8, 2017$1,323,725——
STORJNov 8, 2017$25,350——
5ENov 30, 2017$2,163,781——
6BDec 11, 2017$1,420,459one deed, 2 homes——
STORIDec 11, 2017$1,420,459one deed, 2 homes——
PHCJan 12, 2018$3,319,495one deed, 3 homes——
STOREJan 12, 2018$3,319,495one deed, 3 homes——
STORKJan 12, 2018$3,319,495one deed, 3 homes——
6AJan 16, 2018$2,189,238——
6FJan 17, 2018$1,400,094——
5DJan 23, 2018$2,647,450——
PHDJan 24, 2018$3,258,400——
4DJan 26, 2018$2,494,713——
6DJan 30, 2018$2,820,553one deed, 2 homes——
STORHJan 30, 2018$2,820,553one deed, 2 homes——
PHBFeb 6, 2018$3,700,000——
1CMar 20, 2018$2,711,091one deed, 2 homes——
STORBMar 20, 2018$2,711,091one deed, 2 homes——
6CAug 14, 2018$2,321,000one deed, 2 homes——
STORCAug 14, 2018$2,321,000one deed, 2 homes——
2DOct 10, 2018$1,920,000one deed, 2 homes——
STORDOct 10, 2018$1,920,000one deed, 2 homes——
6EOct 31, 2018$1,860,852——
1AJan 16, 2019$2,523,500one deed, 2 homes——
STORMJan 16, 2019$2,523,500one deed, 2 homes——
3DFeb 15, 2019$1,886,763——
1BApr 26, 2019$2,250,000——
PHAJun 27, 2019$2,250,000one deed, 2 homes——
STORLJun 27, 2019$2,250,000one deed, 2 homes——

Pro

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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Team

Sponsor
50 Clinton Property Owner LLC
Construction lender
Deutsche Bank AGLender on the mortgage and building loan agreement recorded June 2015 in ACRIS; $59.8 million recorded

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

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