THE CONDO BOOK PROJECT

Riverbridge Court Condominium

603 West 148th Street & 608 West 149th Street, Manhattan, NY 10031

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Overview

Units
46 residential · 1 commercial
Subway
4 min walk to 145 St 1145 St A B C D, 8 min
Developer
BFC Partners
Principals
Brandon Baron, Donald Capoccia, Joseph Ferrara
Average $/sf
$581Homes in Schedule A, as first offered
Common charges
$474–$978 a monthSponsor's first-year estimate in Schedule A, September 1, 2006 Through August 31, 2007
Offering price
$30.4 million total

The sponsor of record is 610 West Realty, LLC, represented by Seiden & Schein, PC. The offering plan runs 376 pages. The sponsor has filed 9 amendments, the latest in July 2010. The nearest other condo plan on file is 710 Riverside Drive Condominium, next door.

Plan CD050328 · New · accepted Feb 6, 2006 · AG record ↗

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FigureThis building1Dwyer252 units · 1.4 miaccepted 2005Cathedral Parkway370 units · 2 miaccepted 2005
Common ChargesPer Square Foot / Month$0.68Highest$0.50$0.53
Average Offering PricePer Apartment$658,785Below peers$761,155$662,600
Average PricePer Square Foot$581In line$564$601
Average Unit SizeSquare Feet1,134 SFIn line1,350 SF1,103 SF

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Unit mix, closings, budgets, finishes and the team, against Dwyer and Cathedral Parkway, 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 A46 of 46
Closing prices vs. Schedule A45 homes: $29,028,691 at closing against $29,917,615 in Schedule A (p. 35, p. 36, p. 37)−3%
Average closing price45 homes, on their Schedule A square feet$564 / SF
Closingsfirst and latest recordedJun 29, 2007 – Oct 25, 2018

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 50 closings
HomeRecordedClosing priceSchedule ADifference
1BJun 29, 2007$391,911——
10BJun 29, 2007$692,410$685,975 p. 37+0.9%
3AJul 2, 2007$579,384$611,675 p. 36−5.3%
8DJul 2, 2007$694,956$680,700 p. 37+2.1%
3Jul 3, 2007$778,961$790,850 p. 35−1.5%
11AJul 3, 2007$733,140$690,920 p. 37+6.1%
6Jul 5, 2007$803,399$819,850 p. 35−2%
1CJul 6, 2007$707,684$695,000 p. 35+1.8%
2Jul 6, 2007$789,144$780,850 p. 35+1.1%
2CJul 6, 2007$583,305$599,850 p. 35−2.8%
6AJul 6, 2007$616,041$645,800 p. 36−4.6%
7CJul 7, 2007$685,191$672,910 p. 37+1.8%
3BJul 9, 2007$620,919$609,790 p. 36+1.8%
4CJul 9, 2007$607,783$625,690 p. 36−2.9%
8BJul 9, 2007$722,642$709,690 p. 37+1.8%
1AJul 11, 2007$501,930$539,750 p. 35−7%
6DJul 11, 2007$596,695$615,780 p. 36−3.1%
6BJul 12, 2007$650,458$638,800 p. 36+1.8%
1DJul 13, 2007$605,859$595,000 p. 35+1.8%
7DJul 13, 2007$651,680$650,800 p. 37+0.1%
7AJul 16, 2007$621,133$665,700 p. 37−6.7%
5DJul 17, 2007$579,088$609,600 p. 36−5%
4BJul 18, 2007$631,315$620,675 p. 36+1.7%
4AJul 20, 2007$600,717$622,950 p. 36−3.6%
2AJul 23, 2007$569,202$599,975 p. 35−5.1%
8AJul 23, 2007$609,932$699,980 p. 37−12.9%
6CJul 24, 2007$638,310$642,870 p. 36−0.7%
5Jul 26, 2007$824,630$809,850 p. 35+1.8%
7BJul 27, 2007$688,288$675,930 p. 37+1.8%
9CJul 30, 2007$728,940$715,750 p. 37+1.8%
5BJul 31, 2007$639,308$632,850 p. 36+1%
4DAug 2, 2007$577,124$598,710 p. 36−3.6%
3CAug 23, 2007$638,188$613,890 p. 36+4%
T1Aug 23, 2007$638,188——
2BSep 5, 2007$608,837$597,925 p. 35+1.8%
5CSep 12, 2007$623,006$636,840 p. 36−2.2%
2DSep 20, 2007$555,965$576,950 p. 35−3.6%
TERR3Sep 20, 2007$46,585——
10CSep 21, 2007$698,265$685,750 p. 37+1.8%
11COct 25, 2007$430,392$695,880 p. 37−38.2%
TERR2Oct 25, 2007$430,392——
5ANov 2, 2007$616,041$634,875 p. 36−3%
10AJan 9, 2008$465,844$680,995 p. 37−31.6%
11BJan 31, 2008$685,000$695,950 p. 37−1.6%
3DMar 6, 2008$566,147$587,850 p. 36−3.7%
9BApr 29, 2008$711,757$715,875 p. 37−0.6%
4Jul 14, 2008$822,850$799,850 p. 35+2.9%
9AOct 31, 2008$687,319$730,775 p. 37−5.9%
8CSep 10, 2010$589,516$709,690 p. 37−16.9%
CHUCHOct 25, 2018$410,000——

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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
610 West Realty, LLC
Developer
BFC PartnersReported by cityrealty.com
Principals
Brandon Baron, Donald Capoccia, Joseph Ferrara
Tax estimate
Metropolitan Valuation Services, Inc.Prepared the first-year real estate tax projection
Construction lender
JPMorgan Chase Bank

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

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