THE CONDO BOOK PROJECT

57-63 Greene Street Condominium

57-63 Greene Street, Manhattan, NY 10012

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Overview

Units
23 residential · 4 storage · 1 commercial
Subway
5 min walk to Spring St 6Prince St R W, 5 min
Developers
AION Partners, Mercer Greene Investors LLC
Principals
Michael Betancourt, Siraj Dadabhoy
Offering price
$18.4 million total $86.9 million when first offered

The sponsor of record is Tremada Greene Street LLC - C/O Bronstein Properties LLC, represented by Kurzman Eisenberg Corbin & Lever, LLP. The offering plan runs 771 pages. The sponsor has filed 20 amendments, the latest in November 2025. The nearest other condo plan on file is 470 Broome Street Condominium, next door.

Plan CD150002 · Conversion · accepted Feb 2, 2016 · AG record ↗

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FigureThis building190 Morton228 units · 0.6 miaccepted 20167 Harrison312 units · 0.5 miaccepted 2013
Average Offering PricePer Apartment$3.78MLowest$11.65M$6.55M

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Unit mix, closings, budgets, finishes and the team, against 90 Morton and 7 Harrison, 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 the plan23 of 23
Closingsfirst and latest recordedDec 2, 2016 – Mar 13, 2018

Sales recorded with the Department of Finance (ACRIS) through Aug 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 23 closings
HomeRecordedClosing priceSchedule ADifference
3ADec 2, 2016$5,600,375——
4ADec 5, 2016$2,545,625——
3EDec 6, 2016$2,800,188——
2EDec 7, 2016$2,800,188——
3DDec 7, 2016$2,443,800——
5CDec 13, 2016$3,818,438——
2FMar 31, 2017$2,700,000——
2AApr 27, 2017$2,250,000——
5AJun 7, 2017$4,500,000——
5BJun 9, 2017$4,350,000——
4DJun 19, 2017$4,450,000——
2BJul 19, 2017$1,800,000——
2CAug 23, 2017$6,000,000one deed, 7 homes——
2DAug 23, 2017$6,000,000one deed, 7 homes——
3BAug 23, 2017$6,000,000one deed, 7 homes——
3CAug 23, 2017$6,000,000one deed, 7 homes——
4BAug 23, 2017$6,000,000one deed, 7 homes——
4CAug 23, 2017$6,000,000one deed, 7 homes——
4EAug 23, 2017$6,000,000one deed, 7 homes——
PH CDec 5, 2017$5,850,000——
5DFeb 26, 2018$3,000,000——
PH BMar 9, 2018$4,582,125——
PH AMar 13, 2018$10,691,625——

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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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
Tremada Greene Street LLC - C/O Bronstein Properties LLC
Developers
AION Partners, Mercer Greene Investors LLC
Principals
Michael Betancourt, Siraj Dadabhoy
Tax estimate
Boris Saks, Esq., PLLCPrepared the first-year real estate tax projection

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

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