THE CONDO BOOK PROJECT

74 Grand Street Condominium

74 Grand Street, Manhattan, NY 10013

Overview

Units
5 residential · 1 commercial
Subway
4 min walk to Canal St A C ECanal St 6 J N Q R W Z, 5 min
Principals
Sorabh Maheshwari, Justin Ehrlich
Average $/sf
$2,224Homes in Schedule A, as first offered
Common charges
$1,510–$2,070 a monthSponsor's first-year estimate in Schedule A, March 1, 2021 - February 28, 2022
Offering price
$33.3 million total $30 million when first offered

The sponsor of record is Churchill 74 Grand LLC, represented by Rosenberg & Estis, P.C.. The offering plan runs 303 pages. The sponsor has filed 7 amendments, the latest in March 2025. The nearest other condo plan on file is 47-49 Greene Street Condominium, next door.

Plan CD200218 · New · accepted Jun 2, 2021 · AG record ↗

Compare

FigureThis building1378 Broome24 units · 0.3 miaccepted 2021Tribeca Heritage37 units · 0.3 miaccepted 2021
Common ChargesPer Square Foot / Month$0.77Lowest$1.07$1.09
Average Offering PricePer Apartment$5.3MIn line$4.97M$9M
Average PricePer Square Foot$2,224Below peers$2,530$2,735
Property TaxesPer Square Foot / Month$0.93Lowest$1.30$1.57
Average Unit SizeSquare Feet2,383 SFIn line1,967 SF3,197 SF

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Unit mix, closings, budgets, finishes and the team, against 378 Broome and Tribeca Heritage, 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 A5 of 5
Closing prices vs. Schedule A4 homes: $18,855,823 at closing against $20,995,000 in Schedule A (p. 35)−10.2%
Average closing price4 homes, on their Schedule A square feet$2,046 / SF
Closingsfirst and latest recordedOct 20, 2023 – Mar 30, 2026

Sales recorded with the Department of Finance (ACRIS) through Apr 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 6 closings
HomeRecordedClosing priceSchedule ADifference
Unit 5Oct 20, 2023$4,300,000$6,495,000 p. 35−33.8%
Unit 3Nov 30, 2023$4,009,000$5,750,000 p. 35−30.3%
COMMEJul 30, 2024$2,600,000——
Unit 2Apr 14, 2025$5,500,000$4,250,000 p. 35+29.4%
Unit 4Oct 28, 2025$5,046,823$4,500,000 p. 35+12.2%
6Mar 30, 2026$6,226,575——

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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
Churchill 74 Grand LLC
Principals
Sorabh Maheshwari, Justin Ehrlich
Tax estimate
Paul J. Korngold of Tuchman, Korngold, Weiss, Liebman & Gelles, LLPPrepared the first-year real estate tax projection
Construction lender
Churchill Real Estate

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

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