THE CONDO BOOK PROJECT

57 Lynch Street Condominium

57 Lynch Street, Manhattan, NY 11206

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Overview

57 Lynch Street is a 3-unit condo in Manhattan.

  • Offering plan: Accepted July 2023 · 337 pages · floor plans on page 12
  • Finishes: Stone kitchen countertops, washer/dryer hook-ups and Delta bathroom fittings
  • Prices: $1,299 a square foot on average, as first offered; $6.35 million in all
  • Common charges: $536–$732 a month, the sponsor's first-year estimate
  • Sponsor: 57 Lynch Street LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Abraham Mandel
  • Subway: 8-minute walk to Flushing Av (G); 9 minutes to Broadway (G)
  • Amendments: 1, the latest in June 2024
  1. SubmittedJune 2024
  2. AcceptedJuly 2023
  3. 1 amendment
  4. First sale

Sales

3 of 3homes sold (100%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Jan 31, 2026.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do 57 Lynch Street's common charges compare with similar buildings? →

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 plan lists what a buyer pays at closing.

All 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Jun 4, 2025

Construction completed, Certificate of Occupancy issued, roof allocations clarified, budget and Schedule B updated, first condominium operations projected for January 1, 2026.

  • Construction completed as of September 2024
  • Final Certificate of Occupancy issued 09/24/2024, #3427445-0000002
  • Unit 3 roof allocated as limited common element; Unit 3 responsible for repairs and maintenance
  • Bulkhead roof allocated as common element to building
  • First year of condominium operation projected to begin January 1, 2026
  • Electricity cost estimated at $2,942.00 annually with 10% increase
  • Water and sewer budgeted at $3,060.00
  • Offering plan term extended six (6) months from amendment date
What the amendment changed, line by lineSee it free →

Team

Sponsor
57 Lynch Street LLC
Principals
Abraham Mandel
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection
General contractors
Park Management USA, Stellar IndustriesHeld the general construction permit on DOB job 322028373
Buyer's lender
U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 195

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 57 Lynch Street's common charges high for the area? No, they're on the low side. 57 Lynch Street budgets $0.39 per square foot a month, against a $0.77 median for the 10 most similar Manhattan plans.Schedule A Do you want to see the list of similar buildings?
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