Setai Condominium Residences At 40 Broad St.
40 Broad Street, Manhattan, NY 10004
Overview
Setai Condominium Residences At 40 Broad St. is a 166-unit condo in Manhattan, with 1 parking unit and 11 commercial units.
- Offering plan: Accepted November 2006 · 646 pages · floor plans on page 47
- Finishes: 10'6" ceilings, engineered wood floors, Miele and Bosch appliances, a washer and dryer in each apartment and ducted heat pumps for heating and cooling
- Prices: $1,513 a square foot on average, as first offered; $184.4 million in all
- Developer: Zamir Equities; principals Asher Roshanzamir, Ebrahim Kashani, Jeffrey Cohen and Joshua Roshanzamir
- Sponsor: 40 Broad LLC, represented by Holland & Knight LLP
- Subway: 1-minute walk to Broad St (J, Z); 3 minutes to Wall St (4, 5)
- Amendments: 33, the latest in July 2013
- Units
- 166 residential · 1 parking · 11 commercial
- Subway
- 1 min walk to Broad St J ZWall St 4 5, 3 min
- Developer
- Zamir Equities
- Principals
- Asher Roshanzamir, Ebrahim Kashani, Jeffrey Cohen, Joshua Roshanzamir
- Average $/sf
- $1,513Homes in Schedule A, as first offered
- Offering price
- $184.4 million total
- Floor plans
- Page 47 of the plan
- SubmittedNovember 2006
- AcceptedNovember 2006
- 33 amendments
- First sale
- Latest sale
Units & Prices
Sales
157 of 163homes sold (96%)
From city records (ACRIS), through Sep 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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 7 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- 40 Broad LLC
- Developer
- Zamir Equities
- Principals
- Asher Roshanzamir, Ebrahim Kashani, Jeffrey Cohen, Joshua Roshanzamir
- Counsel
- Holland & Knight LLP
- Tax estimate
- Podell, Schwartz, Schechter & BanfieldPrepared the first-year real estate tax projection
- Construction managers
- Newmark Construction, Newmark Construction Services, LLCNamed on p. 103, p. 251
- Structural engineers
- Goldstein Associates, Goldstein Associates Consulting Engineers, P.C.Named on p. 103, p. 251
- MEP engineer
- George Langer AssociatesMechanical, electrical and plumbing · Named on p. 103
- Interior designer
- Robert D. Henry Architects (lobby and amenities)Reported by kimnicholedesign.blogspot.com
- Title agency
- Royal Abstract of New York LLCThe sponsor's title company for buyers; you can choose another · Named on p. 102
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- C5-5
- Special district
- Special Lower Manhattan District (LM)Historic and Commercial Core Subdistrict
Today's zoning, from city data (PLUTO 26v2).
Nearby
- Exchange At 25 Broad Street Condominiumnext door · 346 units · 5 parking · 2006
- Exchange At 25 Broad Street Condominiumnext door · 306 units · 2008
- Broad Exchange Building Condominiumnext door · 308 units · 2019
- 25 Broad Street Condominiumnext door · 308 units · 2018
- Downtown Condominiumnext door · 326 units · 2004
- One Wall Street Condominiumnext door · 566 units · 2018
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