THE CONDO BOOK PROJECT

86 Canal Condominium

86 Canal Street, Manhattan, NY 10002

Overview

Units
32 residential · 10 commercial
Subway
4 min walk to East Broadway FGrand St B D, 5 min
Offering price
$48.8 million total $46.6 million when first offered

The sponsor of record is 88 Canal Realty Inc, represented by Dai & Associates, P.C.. The sponsor has filed 5 amendments, the latest in September 2018. The nearest other condo plan on file is 18 Condominium, next door.

Plan CD160059 · New · accepted Sep 29, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan32 of 32
Closingsfirst and latest recordedSep 18, 2017 – May 25, 2023

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 33 closings
HomeRecordedClosing priceSchedule ADifference
11CSep 18, 2017$468,468——
7CDec 1, 2017$442,104——
9ADec 1, 2017$603,009——
10DDec 1, 2017$591,603——
5BDec 6, 2017$275,808——
8BDec 6, 2017$452,244——
8DDec 6, 2017$578,366——
10ADec 6, 2017$617,060——
12CDec 6, 2017$522,362——
11DDec 8, 2017$591,603——
9BDec 12, 2017$452,244——
11ADec 18, 2017$617,060——
5CDec 19, 2017$293,046——
12BDec 21, 2017$516,253——
7BDec 22, 2017$437,034——
12DJan 5, 2018$657,790——
6CJan 10, 2018$442,104——
8AJan 10, 2018$602,804——
8CJan 10, 2018$457,314——
9DJan 10, 2018$578,366——
11BJan 18, 2018$462,384——
10BFeb 7, 2018$462,384——
7AFeb 26, 2018$582,439——
5AJun 22, 2018$465,426——
9CJul 18, 2018$457,314——
5DSep 6, 2018$539,673——
6BJan 11, 2019$621,133——
10CMar 19, 2019$661,863——
12AMay 22, 2019$809,509——
6DMay 27, 2021$565,000——
7DJul 27, 2021$804,000——
6ADec 30, 2021$590,585——
M1May 25, 2023$1,339,325one deed, 3 homes——

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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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Team

Sponsor
88 Canal Realty Inc
Construction lender
Cathay BankLender on the mortgage and building loan agreement recorded March 2015 in ACRIS; $20 million recorded

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

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