THE CONDO BOOK PROJECT

Inkwell Condominium

520 West 45th Street, Manhattan, NY 10036

Overview

Units
18 residential
Subway
9 min walk to Times Sq-42 St/Port Authority Bus Terminal 1 2 3 7 A C E N Q R S W50 St C E, 12 min
Offering price
$39.1 million total $37.3 million when first offered

The sponsor of record is 520 West 45th Street Owner LLC, represented by Belkin Burden Wenig & Goldman, LLP. The sponsor has filed 6 amendments, the latest in January 2018. The nearest other condo plan on file is Bloom On Forty-Fifth (F/K/A Residences On Tenth Avenue ), next door.

Plan CD150282 · Rehab · accepted Jan 6, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan18 of 18
Closingsfirst and latest recordedJun 30, 2017 – Mar 1, 2018

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 18 closings
HomeRecordedClosing priceSchedule ADifference
2AJun 30, 2017$2,138,325——
2DJul 10, 2017$1,781,938——
4AJul 12, 2017$2,316,519——
3BJul 13, 2017$2,064,706——
3AJul 14, 2017$2,150,000——
2BJul 17, 2017$1,985,587——
4BJul 24, 2017$2,225,000——
3DAug 10, 2017$1,780,000——
1BAug 15, 2017$2,900,000——
5AAug 25, 2017$2,674,181——
5BAug 31, 2017$2,371,444——
3CSep 7, 2017$1,845,000——
5CNov 13, 2017$2,163,781——
4CNov 14, 2017$1,987,500——
5DDec 8, 2017$2,050,000——
1ADec 11, 2017$2,700,000——
2CJan 10, 2018$1,900,000——
4DMar 1, 2018$1,850,000——

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
520 West 45th Street Owner LLC

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

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