Charlie West Condominium

505 West 43rd Street, Manhattan, NY 10036

Overview

Units: 123 residential
Subway: 8 min walk to Times Sq-42 St/Port Authority Bus Terminal 1 2 3 7 A C E N Q R S W34 St - Hudson Yards 7, 11 min
Developer: El Ad US Holding Inc.
Principals: Orly Daniell, Elad Sharon
Average $/sf: $1,966Homes in Schedule A, as first offered
Common charges: $517–$2,709 a monthSponsor's first-year estimate in Schedule A, October 1, 2018 and Ending September 30, 2019 ("First Year")
Offering price: $31.4 million total
Floor plans: Page 48 of the plan

The sponsor of record is Cw Condo 1 Acquisition LLC & Cw Condo 2 Acquisition LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 579 pages. The sponsor has filed 28 amendments, the latest in August 2026. The nearest other condo plan on file is Bloom On Forty-Fifth (F/K/A Residences On Tenth Avenue ), next door.

Plan CD160304 · New · accepted Jul 5, 2017 · AG record ↗

Compare

Figure	This building¹	200 East 21st²67 units · 1.7 miaccepted 2017	Two Waterline Square³160 units · 0.9 miaccepted 2017
Common ChargesPer Square Foot / Month	$1.09In line	$1.01	$1.31
Average Offering PricePer Apartment	$2.2MLowest	$3.1M	$4.06M
Average PricePer Square Foot	$1,966Below peers	$2,247	$2,732
Property TaxesPer Square Foot / Month	$0.95In line	$1.89	$0.07
Average Unit SizeSquare Feet	1,114 SFSmallest	1,379 SF	1,485 SF

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Unit mix, closings, budgets, finishes and the team, against 200 East 21st and Two Waterline Square, 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 closed100% of the homes in Schedule A	114 of 114
Closing prices vs. Schedule A46 homes: $79,366,170 at closing against $95,325,000 in Schedule A (p. 44, p. 45, p. 46, p. 47)	−16.7%
Average closing price46 homes, on their Schedule A square feet	$1,649 / SF
Closingsfirst and latest recorded	Nov 26, 2017 – Aug 26, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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 131 closings

Home	Recorded	Closing price	Schedule A	Difference
10G	Nov 26, 2017	$2,299,239	$2,600,000 p. 46	−11.6%
7M	Sep 10, 2019	$1,990,679	$2,050,000 p. 47	−2.9%
5E	Sep 12, 2019	$1,250,000	$1,205,000 p. 45	+3.7%
7E	Sep 12, 2019	$1,283,430	$1,235,000 p. 45	+3.9%
6J	Sep 16, 2019	$855,330	$825,000 p. 46	+3.7%
4D	Sep 20, 2019	$1,277,904	$1,210,000 p. 45	+5.6%
7D	Sep 26, 2019	$1,255,000	$1,255,000 p. 45	0%
6F	Oct 2, 2019	$1,915,000	$2,025,000 p. 45	−5.4%
4K	Oct 10, 2019	$1,198,500	$1,210,000 p. 47	−1%
4J	Oct 18, 2019	$896,151	$805,000 p. 46	+11.3%
4T	Nov 6, 2019	$748,598	—	—
5T	Nov 6, 2019	$758,596	—	—
6C	Nov 6, 2019	$941,881	$855,000 p. 45	+10.2%
6T	Nov 6, 2019	$771,027	—	—
8G	Nov 7, 2019	$1,715,000	$1,750,000 p. 46	−2%
3C	Nov 11, 2019	$1,177,152	$1,175,000 p. 45	+0.2%
6D	Nov 11, 2019	$1,271,498	$1,240,000 p. 45	+2.5%
3K	Nov 12, 2019	$1,236,754	$1,195,000 p. 47	+3.5%
5J	Nov 12, 2019	$865,864	$815,000 p. 46	+6.2%
3D	Dec 2, 2019	$1,225,000	$1,195,000 p. 45	+2.5%
4C	Dec 19, 2019	$896,060	$835,000 p. 45	+7.3%
3E	Dec 20, 2019	$1,824,704	$1,950,000 p. 45	−6.4%
4F	Dec 20, 2019	$1,929,584	$1,975,000 p. 45	−2.3%
5K	Jan 3, 2020	$1,173,141	$1,225,000 p. 47	−4.2%
6L	Jan 3, 2020	$1,242,265	$1,225,000 p. 47	+1.4%
PHA	Jan 17, 2020	$4,550,000	$4,950,000 p. 44	−8.1%
10J	Jan 22, 2020	$2,767,000	$2,750,000 p. 46	+0.6%
7J	Feb 26, 2020	$890,969	$835,000 p. 46	+6.7%
PHK	Feb 27, 2020	$4,529,461	$4,975,000 p. 47	−9%
12J	Mar 9, 2020	$1,337,370	$1,275,000 p. 46	+4.9%
9D	Apr 16, 2020	$2,199,511	$2,165,000 p. 45	+1.6%
11K	May 27, 2020	$1,999,000	$2,225,000 p. 47	−10.2%
5D	Jun 4, 2020	$1,159,966	$1,225,000 p. 45	−5.3%
7A	Dec 4, 2020	$1,210,000	$2,300,000 p. 44	−47.4%
7S	Feb 12, 2021	$760,000	—	—
14J	Mar 15, 2021	$1,050,000	$1,290,000 p. 46	−18.6%
7T	Apr 9, 2021	$710,629	—	—
1A	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,925,000 p. 44	—
1C	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,750,000 p. 45	—
1H	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,795,000 p. 46	—
2A	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,175,000 p. 44	—
2G	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,025,000 p. 46	—
2H	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,275,000 p. 46	—
2J	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,025,000 p. 46	—
3A	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,200,000 p. 44	—
3B	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,975,000 p. 44	—
3G	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,150,000 p. 46	—
3J	Apr 20, 2021	$54,522,874one deed, 40 homes	$795,000 p. 46	—
3L	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,180,000 p. 47	—
3M	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,950,000 p. 47	—
4A	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,225,000 p. 44	—
4B	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,925,000 p. 44	—
4G	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,175,000 p. 46	—
4H	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,850,000 p. 46	—
4L	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,195,000 p. 47	—
4M	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,975,000 p. 47	—
4S	Apr 20, 2021	$35,490,451one deed, 27 homes	—	—
5A	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,250,000 p. 44	—
5B	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,950,000 p. 44	—
5C	Apr 20, 2021	$35,490,451one deed, 27 homes	$845,000 p. 45	—
5F	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,000,000 p. 45	—
5G	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,200,000 p. 46	—
5L	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,210,000 p. 47	—
5M	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,000,000 p. 47	—
5S	Apr 20, 2021	$35,490,451one deed, 27 homes	—	—
6B	Apr 20, 2021	$54,522,874one deed, 40 homes	$1,975,000 p. 44	—
6G	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,225,000 p. 46	—
6H	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,900,000 p. 46	—
6K	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,240,000 p. 47	—
6M	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,025,000 p. 47	—
6S	Apr 20, 2021	$54,522,874one deed, 40 homes	—	—
7B	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,000,000 p. 44	—
7C	Apr 20, 2021	$54,522,874one deed, 40 homes	$865,000 p. 45	—
7F	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,050,000 p. 45	—
7G	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,250,000 p. 46	—
7H	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,925,000 p. 46	—
8A	Apr 20, 2021	$35,490,451one deed, 27 homes	$3,200,000 p. 44	—
8B	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,225,000 p. 44	—
8C	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,750,000 p. 45	—
8H	Apr 20, 2021	$54,522,874one deed, 40 homes	$3,400,000 p. 46	—
8J	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,750,000 p. 46	—
8K	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,175,000 p. 47	—
9A	Apr 20, 2021	$54,522,874one deed, 40 homes	$3,250,000 p. 44	—
9B	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,250,000 p. 44	—
9C	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,800,000 p. 45	—
9G	Apr 20, 2021	$35,490,451one deed, 27 homes	$1,775,000 p. 46	—
9H	Apr 20, 2021	$35,490,451one deed, 27 homes	$3,450,000 p. 46	—
9J	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,800,000 p. 46	—
9K	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,200,000 p. 47	—
10A	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,895,000 p. 44	—
10C	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,750,000 p. 45	—
10H	Apr 20, 2021	$54,522,874one deed, 40 homes	$3,900,000 p. 46	—
11A	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,350,000 p. 44	—
11B	Apr 20, 2021	$35,490,451one deed, 27 homes	$2,250,000 p. 44	—
11C	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,500,000 p. 45	—
11D	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,215,000 p. 45	—
12A	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,375,000 p. 44	—
12C	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,525,000 p. 45	—
12D	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,240,000 p. 45	—
12H	Apr 20, 2021	$54,522,874one deed, 40 homes	$3,000,000 p. 46	—
12K	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,250,000 p. 47	—
14C	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,550,000 p. 45	—
14D	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,290,000 p. 45	—
14H	Apr 20, 2021	$35,490,451one deed, 27 homes	$3,150,000 p. 46	—
14K	Apr 20, 2021	$54,522,874one deed, 40 homes	$2,275,000 p. 47	—
PHB	Apr 20, 2021	$54,522,874one deed, 40 homes	$4,750,000 p. 44	—
PHC	Apr 20, 2021	$54,522,874one deed, 40 homes	$5,150,000 p. 45	—
7K	Jun 9, 2021	$1,048,000	$1,255,000 p. 47	−16.5%
14A	Jul 19, 2021	$1,865,000	$2,400,000 p. 44	−22.3%
INCLU	Oct 13, 2022	$1,771,823	—	—
7L	Nov 16, 2022	$177,182	—	—
1G	Nov 17, 2022	$212,619	—	—
6E	Dec 8, 2022	$177,182	—	—
8D	Dec 12, 2022	$212,619	—	—
11J	Dec 19, 2022	$177,182	—	—
3H	Feb 6, 2023	$212,619	—	—
4E	Mar 6, 2023	$177,182	—	—
5H	Mar 23, 2023	$212,619	—	—
2C	Apr 5, 2023	$212,619	—	—
14B	Sep 9, 2024	$1,675,000	$2,300,000 p. 44	−27.2%
12B	Oct 30, 2024	$1,650,000	$2,275,000 p. 44	−27.5%
11G	Dec 20, 2024	$1,650,000	$2,350,000 p. 46	−29.8%
PHH	Mar 31, 2025	$2,952,925	$4,500,000 p. 46	−34.4%
14G	Apr 18, 2025	$1,750,000	$2,400,000 p. 46	−27.1%
12G	May 9, 2025	$1,725,000	$2,375,000 p. 46	−27.4%
6A	Jun 10, 2025	$970,000	$2,275,000 p. 44	−57.4%
11H	Jun 30, 2025	$1,975,000	$2,950,000 p. 46	−33.1%
2B	Jul 29, 2025	$1,929,583	$3,000,000 p. 44	−35.7%
10B	Feb 24, 2026	$2,300,000	$3,950,000 p. 44	−41.8%
PHJ	May 15, 2026	$3,400,000	$4,900,000 p. 46	−30.6%
PHG	Aug 26, 2026	$3,062,250	$4,550,000 p. 46	−32.7%

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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: Cw Condo 1 Acquisition LLC & Cw Condo 2 Acquisition LLC
Developer: El Ad US Holding Inc.
Principals: Orly Daniell, Elad Sharon
Counsel: Marans Newman Tsolis & Nazinitsky LLC
Tax estimate: Aaron ValuationPrepared the first-year real estate tax projection
Construction lender: Bank Hapoalim$134.5 million loan stated in the plan

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

Nearby

Bloom On Forty-Fifth (F/K/A Residences On Tenth Avenue )next door · 92 units · 2019
Chatham 44 Condominiumnext door · 58 units · 2007
Inkwell Condominiumnext door · 18 units · 2016
459 West 44th Condominiumnext door · 3 units · 2008
43 West Condominiumnext door · 8 units · 2008
Deuce Condominium0.1 mi · 7 units · 2008

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