THE CONDO BOOK PROJECT

80 East 10th Street Condominium

80 East 10th Street, Manhattan, NY 10003

Overview

Units
12 residential · 1 commercial
Subway
2 min walk to Astor Pl 68 St-NYU R W, 3 min
Developer
Nava Partners LLC
Principals
David Ruff, Stewart Osborne, Clifford M. Stein, Frank LePera, George Fakhir
Average $/sf
$2,432Homes in Schedule A, as first offered
Common charges
$1,234–$7,083 a monthSponsor's first-year estimate in Schedule A, July 1, 2018 - June 30, 2019
Offering price
$59.9 million total $67.8 million when first offered

The sponsor of record is 71 Park Avenue South Property Owner, LLC, represented by D'Agostino, Levine, Landesman & Lederman, LLP. The offering plan runs 484 pages. The sponsor has filed 17 amendments, the latest in November 2025. The nearest other condo plan on file is 101 E 9th Street Condominium, next door.

Plan CD170016 · New · accepted Apr 7, 2017 · AG record ↗

Compare

FigureThis building1111 Leroy213 units · 0.9 miaccepted 2017100 Franklin310 units · 1.2 miaccepted 2019
Common ChargesPer Square Foot / Month$1.37In line$1.26$1.37
Average Offering PricePer Apartment$5.11MIn line$5.65M$4.75M
Average PricePer Square Foot$2,432In line$2,611$2,349
Property TaxesPer Square Foot / Month$1.61In line$0.67$1.80
Average Unit SizeSquare Feet2,102 SFIn line2,164 SF2,021 SF

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Unit mix, closings, budgets, finishes and the team, against 111 Leroy and 100 Franklin, 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 A12 of 12
Closing prices vs. Schedule A12 homes: $54,188,162 at closing against $61,350,000 in Schedule A (p. 65)−11.7%
Average closing price12 homes, on their Schedule A square feet$2,148 / SF
Closingsfirst and latest recordedJun 25, 2019 – Jun 16, 2021

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 12 closings
HomeRecordedClosing priceSchedule ADifference
2EJun 25, 2019$1,985,588$1,850,000 p. 65+7.3%
4EJun 25, 2019$2,218,128$2,050,000 p. 65+8.2%
5EJun 25, 2019$2,321,153$2,150,000 p. 65+8%
2WJun 27, 2019$4,003,000$3,950,000 p. 65+1.3%
4WJun 28, 2019$4,381,530$4,100,000 p. 65+6.9%
3EJul 1, 2019$2,087,413$1,950,000 p. 65+7%
3WJul 15, 2019$4,025,142$3,950,000 p. 65+1.9%
5WJul 19, 2019$4,238,325$4,200,000 p. 65+0.9%
6May 6, 2020$6,300,000$7,850,000 p. 65−19.7%
7May 7, 2020$6,400,000$7,950,000 p. 65−19.5%
8Jan 8, 2021$4,996,571$7,850,000 p. 65−36.3%
PHJun 16, 2021$11,231,312$13,500,000 p. 65−16.8%

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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
71 Park Avenue South Property Owner, LLC
Developer
Nava Partners LLC
Principals
David Ruff, Stewart Osborne, Clifford M. Stein, Frank LePera, George Fakhir
Tax estimate
Aaron ValuationPrepared the first-year real estate tax projection
Construction lender
Centennial Bank$31 million recorded

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

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