THE CONDO BOOK PROJECT

90 Lexington Avenue Condominium

90 Lexington Avenue, Manhattan, NY 10016

Overview

Units
74 residential
Subway
3 min walk to 28 St 623 St-Baruch College 6, 5 min
Principals
Ziel Feldman
Offering price
$9.73 million total $153 million when first offered

The sponsor of record is 90 Lexington Avenue Sponsor LLC, represented by Starr Associates, LLP. The offering plan runs 622 pages. The sponsor has filed 26 amendments, the latest in August 2026. The nearest other condo plan on file is 88 Lexington Avenue Condominium, next door.

Plan CD130276 · Conversion · accepted May 18, 2015 · AG record ↗

Compare

FigureThis building188 & 90 Lex2122 units · 0 miaccepted 2015Coda3138 units · 0.4 miaccepted 2015
Average Offering PricePer Apartment$2.07MIn line$2.36M$1.31M

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Unit mix, closings, budgets, finishes and the team, against 88 & 90 Lex and Coda, 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 closed73% of the homes in the plan54 of 74
Closingsfirst and latest recordedMay 25, 2016 – Jul 7, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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 54 closings
HomeRecordedClosing priceSchedule ADifference
5AMay 25, 2016$1,931,874——
3DMay 26, 2016$2,116,949——
5DMay 26, 2016$3,154,062——
5FMay 31, 2016$1,465,290——
8DJun 9, 2016$3,374,664——
3CJun 14, 2016$2,768,033——
9DJun 16, 2016$3,425,578——
8AJul 6, 2016$2,138,983——
6AJul 11, 2016$2,036,949——
9AJul 18, 2016$2,219,685——
2EAug 2, 2016$3,212,577——
4AAug 4, 2016$1,893,046——
10FAug 15, 2016$1,539,594——
3FSep 8, 2016$1,564,014——
8FSep 22, 2016$1,578,288——
6DSep 26, 2016$3,242,836——
6BDec 13, 2016$3,128,332——
3BDec 21, 2016$2,847,090——
7BDec 21, 2016$3,168,274——
4BJan 19, 2017$2,945,856——
5BFeb 17, 2017$3,076,401——
7CMar 31, 2017$4,369,104——
8CApr 3, 2017$4,544,307——
3AApr 17, 2017$1,890,467——
10DMay 24, 2017$3,476,017——
9CSep 8, 2017$4,482,984——
11BNov 7, 2017$4,540,863——
10AFeb 15, 2018$2,220,389——
7AMar 8, 2018$2,033,975——
5CMay 8, 2018$4,178,273——
PHCJan 14, 2019$5,236,177——
9BFeb 8, 2019$2,925,260——
PHBMar 29, 2019$6,094,236——
8BApr 24, 2019$2,824,357——
4DMay 10, 2019$2,896,011——
11AJun 27, 2019$5,545,165——
PHADec 23, 2019$9,716,508——
1FJan 15, 2020$1,112,740——
11CMar 22, 2022$3,475,000——
7DOct 25, 2022$2,680,000——
6COct 27, 2022$3,395,000——
10COct 27, 2022$3,950,000——
4CDec 13, 2022$3,345,000——
10BMay 10, 2023$2,725,000——
M-CMay 18, 2023$2,656,200——
THBJan 5, 2024$2,685,000——
THDMar 18, 2024$3,200,000——
THASep 11, 2024$2,375,000——
3EFeb 27, 2025$1,237,637one deed, 5 homes——
4FFeb 27, 2025$1,237,637one deed, 5 homes——
6FFeb 27, 2025$1,237,637one deed, 5 homes——
7FFeb 27, 2025$1,237,637one deed, 5 homes——
9FFeb 27, 2025$1,237,637one deed, 5 homes——
THCJul 7, 2026$2,525,000——

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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
90 Lexington Avenue Sponsor LLC
Principals
Ziel Feldman
Tax estimate
Marcus & Pollack LLPPrepared the first-year real estate tax projection
Construction lender
Deutsche Bank Trust Company AmericasLender on the mortgage and building loan agreement recorded December 2013 in ACRIS; $79.4 million recorded

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

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