THE CONDO BOOK PROJECT

66 West 138th Street Condominium

66 West 138th Street, Manhattan, NY 10037

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Overview

Units
20 residential
Subway
3 min walk to 135 St 2 3145 St 3, 8 min
Average $/sf
$1,100Homes in Schedule A, as first offered
Common charges
$508–$649 a monthSponsor's first-year estimate in Schedule A, September 1, 2020- August 31, 2021
Offering price
$9.94 million total $8.21 million when first offered

The sponsor of record is 66 West 138 LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 635 pages. The sponsor has filed 2 amendments, the latest in August 2021. The nearest other condo plan on file is 48-54 West 138th Street Condominium, next door.

Plan CD160341 · Conversion · accepted Jul 13, 2020 · AG record ↗

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FigureThis building1Marlow240 units · 2.9 miaccepted 2020350 West 71st338 units · 3.5 miaccepted 2017
Common ChargesPer Square Foot / Month$1.27Highest$0.95$1.02
Average Offering PricePer Apartment$496,980Lowest$2.24M$2.75M
Average PricePer Square Foot$1,100Lowest$1,982$1,765
Property TaxesPer Square Foot / Month$0.55Lowest$1.71$1.57
Average Unit SizeSquare Feet452 SFSmallest1,132 SF1,556 SF

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Unit mix, closings, budgets, finishes and the team, against Marlow and 350 West 71st, 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 closed70% of the homes in Schedule A14 of 20
Closing prices vs. Schedule A14 homes: $4,589,220 at closing against $6,877,200 in Schedule A (p. 44)−33.3%
Average closing price14 homes, on their Schedule A square feet$734 / SF
Closingsfirst and latest recordedJan 6, 2022 – Jun 30, 2026

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 14 closings
HomeRecordedClosing priceSchedule ADifference
4AJan 6, 2022$340,000$558,800 p. 44−39.2%
5AJan 6, 2022$340,000$558,800 p. 44−39.2%
3BJan 18, 2022$363,220$558,800 p. 44−35%
3AJul 19, 2022$335,000$558,800 p. 44−40.1%
2CMar 28, 2023$305,000$448,800 p. 44−32%
5DApr 26, 2023$303,000$458,700 p. 44−33.9%
3CJun 13, 2023$315,000$448,800 p. 44−29.8%
4DJun 20, 2023$320,000$458,700 p. 44−30.2%
5CAug 30, 2023$315,000$448,800 p. 44−29.8%
1DNov 9, 2023$320,000$458,700 p. 44−30.2%
1CFeb 27, 2024$310,000$448,800 p. 44−30.9%
4CMar 11, 2025$310,000$448,800 p. 44−30.9%
1ASep 3, 2025$338,000$463,100 p. 44−27%
5BJun 30, 2026$375,000$558,800 p. 44−32.9%

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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
66 West 138 LLC
Construction lender
New York Community Bank$2.5 million loan stated in the plan

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

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