THE CONDO BOOK PROJECT

57 Lynch Street Condominium

57 Lynch Street, Manhattan, NY 11206

Compare

Overview

Units
3 residential
Subway
8 min walk to Flushing Av GBroadway G, 9 min
Principals
Abraham Mandel
Average $/sf
$1,299Homes in Schedule A, as first offered
Common charges
$536–$732 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 - December 31, 2024
Offering price
$6.35 million total

The sponsor of record is 57 Lynch Street LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 337 pages. The sponsor has filed 1 amendment, the latest in June 2024. The nearest other condo plan on file is 55 Lynch Street Condominium, next door.

Plan CD230030 · New · accepted Jul 31, 2023 · AG record ↗

Compare

FigureThis building174 Warren24 units · 3 miaccepted 2024650 East 6th35 units · 2 miaccepted 2022
Common ChargesPer Square Foot / Month$0.39Lowest$1.07$1.54
Average Offering PricePer Apartment$2.12MLowest$4M$2.51M
Average PricePer Square Foot$1,299Lowest$1,625$1,866
Property TaxesPer Square Foot / Month$1.32Above peers$0.91$1.17
Average Unit SizeSquare Feet1,629 SFIn line2,460 SF1,345 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 74 Warren and 650 East 6th, cited to the offering plans. No credit card required.

Create a free account
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 A3 of 3
Closing prices vs. Schedule A3 homes: $4,185,008 at closing against $6,350,000 in Schedule A (p. 33)−34.1%
Average closing price3 homes, on their Schedule A square feet$856 / SF
Closingsfirst and latest recordedOct 30, 2025

Sales recorded with the Department of Finance (ACRIS) through Jan 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 3 closings
HomeRecordedClosing priceSchedule ADifference
1Oct 30, 2025$2,250,333$2,350,000 p. 33−4.2%
2Oct 30, 2025$967,338$2,675,000 p. 33−63.8%
3Oct 30, 2025$967,338$1,325,000 p. 33−27%

Pro

Closings are for subscribers

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

Subscribe to seeAlready a member? Sign in

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
57 Lynch Street LLC
Principals
Abraham Mandel
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection

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

Nearby