318 West 47 Condominium
318 West 47 Street, Manhattan, NY 10036
Overview
318 West 47 is a 5-unit condo in Manhattan.
- Offering plan: Accepted April 2016 · 310 pages · floor plans on pages 185–187
- Finishes: 8'6" ceilings, wood floors, solid-surface kitchen countertops, Miele appliances, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
- Prices: $1,989 a square foot on average, as first offered; $14.8 million in all ($18.3 million when first offered)
- Common charges: $1,424–$3,556 a month, the sponsor's first-year estimate
- Developer: Shore Assets, Inc.; principals Eric Schwartz, Marc Shore and William Shore
- Sponsor: 318 West 47th Street LLC, represented by Meister Seelig & Fein, LLP
- Subway: 3-minute walk to 50 St (C, E); 4 minutes to Times Sq-42 St/Port Authority Bus Terminal (1, 2, 3, 7, A, C, E, N, Q, R, S, W)
- Amendments: 9, the latest in November 2018
- Units
- 5 residential
- Subway
- 3 min walk to 50 St C ETimes Sq-42 St/Port Authority Bus Terminal 1 2 3 7 A C E N Q R S W, 4 min
- Developer
- Shore Assets, Inc.
- Principals
- Eric Schwartz, Marc Shore, William Shore
- Average $/sf
- $1,989Homes in Schedule A, as first offered
- Common charges
- $1,424–$3,556 a monthSponsor's first-year estimate in Schedule A, January 1, 2017 through December 31, 2017
- Offering price
- $14.8 million total $18.3 million when first offered
- Floor plans
- Pages 185–187 of the plan
- SubmittedJanuary 2017
- AcceptedApril 2016
- 9 amendments
- First sale
- Latest sale
Units & Prices
Sales
5 of 5homes sold (100%)
From city records (ACRIS), through Oct 31, 2025.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- 318 West 47th Street LLC
- Developer
- Shore Assets, Inc.
- Principals
- Eric Schwartz, Marc Shore, William Shore
- Counsel
- Meister Seelig & Fein, LLP
- Tax estimate
- Goldberg Weprin Finkel Goldstein LLPPrepared the first-year real estate tax projection
- Construction lender
- Metropolitan Commercial Bank$8.9 million recorded
- Structural engineer
- Walter PappNamed on p. 166
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R8
- Special district
- Special Clinton District (CL)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Platinum Condominiumnext door · 220 units · 2007
- Lightsquare Condominium0.2 mi · 29 units · 2024
- 411 West 44th St/Turf Kitchen Apt Corp.0.2 mi · 1990
- 422 West 49th Street Condominium0.2 mi · 8 units · 2020
- Sorting House Condominium0.2 mi · 30 units · 2015
- 310 West 52nd St. Condominium0.2 mi · 210 units · 2005
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