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    Union Square Flats Condo/123 Third Condo

    123 Third Avenue
    New York, NY 10003
    212-431-5900
    Residential, Sales, Condo, Multifamily

    The sponsor(s) filed plans on 10/09/07 for a condo project at 123 Third Avenue with 47 residential units. The sponsor(s) were approved to market the units for sale on 02/11/08. TRData has determined that the sponsor(s) have sold more than 80 percent of the sponsor units in the building.

    • Address 123 Third Avenue
    • neighborhood East Village
    • borough Manhattan
    • owner BLDG Management
    • owner entity 123 THIRD PARTNERS, LLC
    • architect Perkins Eastman
    • sales/marketing CORE
    • PLANS DISCLOSED 10/09/2007
    • dob permit issued 06/19/2008
    • tco issued 12/13/2010
    • DOB FILE PLANS 07/18/2007
    • DOB FILE Link
    • LIST/LAUNCH SALES 02/11/2008
    • height in feet 210
    • floors 18
    • AG Initial Price $ 60,443,000
    • ag file plans 10/09/2007
    • AG FILE Link
    • residential units 47
    • commercial units 0
    • hotel units 0
    • total units 76
    • square feet 52,971
    • const. status BUILDING COMPLETE
    • block and lot 1-00469-7505
    • BIN 1088500
    Condominium Units+
    • Event Sales
    • Address 123 Third Avenue
    • Neighborhood East Village
    • Borough Manhattan
    • Square feet 2,928
    • Price $ 11,050,000
    • Price per foot $ 3,773.91
    notes
    The retail condo at the base of the new residential condo building sold for $11.05 million. The space is fully occupied by Capital One Bank.
    • Event Sales
    • Address 123 Third Avenue
    • Neighborhood East Village
    • Borough Manhattan
    • Square feet 44,300
    • Price $ 17,500,000
    • Price per foot $ 395.03
    • Publication Date 05/01/2008
    • Event Date 03/22/2008
    • Party 1 Danrose LLC, 123 Third Avenue Realty LLC
    • Party 1 Brokerage Marcus & Millichap
    • Party 1 Broker Michael Forrest, David Shorenstein, Peter Vassiliou
    • Party 2 Orange Management
    notes
    The two parcels sold for $17.5 million. The site permits a mixed-use building with condos and ground-floor retail. Includes 206 East 14th Street.
    • Event Retail Leasing
    • Address 123 Third Avenue
    • Neighborhood East Village
    • Borough Manhattan
    • Square feet 3,000
    notes
    The bank inked a 15-year lease for space at the base of a new residential development.
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