THE CONDO BOOK PROJECT

559w23 Condominium

559 West 23rd Street, Manhattan, NY 10011

Overview

Units
6 residential · 6 storage · 1 commercial
Subway
10 min walk to 23 St C E34 St-Hudson Yards 7, 12 min
Offering price
$35.9 million total $31.4 million when first offered

The sponsor of record is Ny8 Properties, LLC, represented by Adam Leitman Bailey, PC. The sponsor has filed 13 amendments, the latest in June 2022. The nearest other condo plan on file is 560 West 24th Street Condominium, next door.

Plan CD140247 · New · accepted Aug 19, 2015 · AG record ↗

Closings Pro

Homes closed83% of the homes in the plan5 of 6
Closingsfirst and latest recordedNov 28, 2016 – Oct 9, 2018

Sales recorded with the Department of Finance (ACRIS) through Mar 31, 2024: 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 5 closings
HomeRecordedClosing priceSchedule ADifference
PH12Nov 28, 2016$4,918,148——
PH11Nov 29, 2016$4,600,000——
78Feb 13, 2017$4,450,000——
34Apr 7, 2017$4,582,125——
5-6Oct 9, 2018$4,250,000——

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
Ny8 Properties, LLC

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

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