77 Reade Street Condominium
77 Reade Street, Manhattan, NY 10007
Overview
- Units
- 30 residential · 5 parking · 3 commercial
- Subway
- 1 min walk to Chambers St/WTC/Park Place/Cortlandt St 2 3 A C E R WChambers St 1 2 3, 2 min
- Principals
- Harshad Lakhani, S. Myles Group
- Average $/sf
- $1,618Homes in Schedule A, as first offered
- Common charges
- $759–$2,897 a monthSponsor's first-year estimate in Schedule A, September 1, 2011 through August 31, 2012
- Offering price
- $96.5 million total
- Floor plans
- Page 13 of the plan
The sponsor of record is 77 Reade, LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 724 pages. The sponsor has filed 16 amendments, the latest in December 2012. The nearest other condo plan on file is Reade Chambers Condominium, next door.
Plan CD080040 · New · accepted Jun 25, 2008 · AG record ↗
Compare
| Figure | This building1 | Artisan Lofts238 units · 0.2 miaccepted 2007 | 141 Fifth338 units · 1.9 miaccepted 2007 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.93Above peers | $0.87 | $0.82 |
| Average Offering PricePer Apartment | $2.54MLowest | $3.67M | $3.31M |
| Average PricePer Square Foot | $1,618In line | $1,595 | $1,909 |
| Property TaxesPer Square Foot / Month | $0.39Lowest | $0.69 | $1.01 |
| Average Unit SizeSquare Feet | 1,570 SFSmaller | 2,298 SF | 1,735 SF |
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Unit mix, closings, budgets, finishes and the team, against Artisan Lofts and 141 Fifth, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.
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- 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.
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Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 29 of 29 |
| Closing prices vs. Schedule A26 homes: $61,226,178 at closing against $64,340,000 in Schedule A (p. 72) | −4.8% |
| Average closing price26 homes, on their Schedule A square feet | $1,520 / SF |
| Closingsfirst and latest recorded | Mar 8, 2012 – Jul 16, 2024 |
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 29 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| PHD | Mar 8, 2012 | $6,542,088 | $3,300,000 p. 72 | +98.2% |
| PHA | Mar 12, 2012 | $3,450,000 | $4,625,000 p. 72 | −25.4% |
| 3F | Mar 16, 2012 | $1,990,679 | $2,125,000 p. 72 | −6.3% |
| 4D | Mar 16, 2012 | $1,013,159 | $960,000 p. 72 | +5.5% |
| PHC | Mar 16, 2012 | $4,785,775 | $6,195,000 p. 72 | −22.7% |
| 2B | Mar 26, 2012 | $2,125,000 | $2,295,000 p. 72 | −7.4% |
| 3C | Mar 26, 2012 | $1,038,615 | $955,000 p. 72 | +8.8% |
| 3E | Mar 26, 2012 | $2,125,000 | $2,225,000 p. 72 | −4.5% |
| 5D | Mar 26, 2012 | $954,750 | $970,000 p. 72 | −1.6% |
| 3A | Apr 2, 2012 | $2,550,000 | $2,995,000 p. 72 | −14.9% |
| 2E | Apr 4, 2012 | $2,250,000 | $2,250,000 p. 72 | 0% |
| 5B | Apr 6, 2012 | $2,138,325 | $2,375,000 p. 72 | −10% |
| 2F | Apr 13, 2012 | $2,087,413 | $2,175,000 p. 72 | −4% |
| 3D | Apr 13, 2012 | $967,338 | $950,000 p. 72 | +1.8% |
| 6E | Apr 13, 2012 | $2,240,150 | $1,025,000 p. 72 | +118.6% |
| 4A | Apr 19, 2012 | $2,625,000 | $3,050,000 p. 72 | −13.9% |
| 2D | May 17, 2012 | $962,246 | $945,000 p. 72 | +1.8% |
| 4C | May 17, 2012 | $950,000 | $975,000 p. 72 | −2.6% |
| 2A | Jun 4, 2012 | $3,716,613 | $4,250,000 p. 72 | −12.6% |
| 3B | Jun 11, 2012 | $2,225,895 | $2,250,000 p. 72 | −1.1% |
| PHB | Jul 12, 2012 | $4,195,000 | $5,100,000 p. 72 | −17.7% |
| 4B | Jul 16, 2012 | $2,240,150 | $2,300,000 p. 72 | −2.6% |
| 5A/5C | Jul 24, 2012 | $3,800,000 | — | — |
| 6A | Aug 9, 2012 | $2,800,188 | $3,200,000 p. 72 | −12.5% |
| 6C | Aug 16, 2012 | $992,794 | $2,350,000 p. 72 | −57.8% |
| 5E | Aug 29, 2012 | $2,235,000 | $2,300,000 p. 72 | −2.8% |
| 5F | Sep 18, 2012 | $2,025,000 | $2,200,000 p. 72 | −8% |
| GS | Dec 15, 2014 | $187,500 | — | — |
| PHE/P | Jul 16, 2024 | $9,150,000 | — | — |
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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page, here and in ChatGPT or Claude.
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
- 77 Reade, LLC
- Principals
- Harshad Lakhani, S. Myles Group
- Tax estimate
- Mazursky GroupPrepared the first-year real estate tax projection
- Construction lenders
- Midfirst Bank, Deutsche Genossenchafts-Hypothekenbank AG$37.3 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Reade Chambers Condominiumnext door · 17 units · 10 parking · 2013
- 92 Chambers Street Condominiumnext door · 4 units · 2006
- 88 Chambers Street Condominiumnext door · 4 units · 2006
- 66 Reade Condominiumnext door · 5 units · 2018
- 105 Chambers Street Condonext door · 2 units · 2003
- Unit 2 A/K/A "The Cary" 105 Chambers Street Condominiumnext door · 6 units · 2018