THE CONDO BOOK PROJECT

Magnum Real Estate Group 🔗

Named as the company behind the sponsor in 5 New York City condominium offering plans, in the plan's text; each building below cites the page (or, where the plan doesn't name the firm, the web source reporting it). The sponsor, which develops and sells the condominium, is usually a company formed for the one building.

Buildings
5
Residential units
612
Average $/unit
$1.66 million
Years
2015–2025
ManhattanBrooklynQueensBronxStaten Island La Maison Collette, 815 Broadway196 Orchard Street Condominium, 196 Orchard Street385 First Avenue Condominium, 385 First Avenue389 East 89th Street Condominium, 389 East 89th Street100 Barclay, 100 Barclay Street

Pro · Advanced analysis

Recent Growth

Magnum Real Estate Group's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

1 building accepted in 2024–2026 (2026 to date), against 0 in 2021–2023. 20% of all 5 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
2025120
20240—
20230—
20220—
20210—

Latest: La Maison Collette, accepted Jan 2, 2025.

Strongest Relationships

The firms named most often on the same buildings as Magnum Real Estate Group, at least 2 in common.

Architects

Sponsor's counsel

Sales teams

  • Compass2 shared buildings · 40% of Magnum Real Estate Group's · 2015–2016

Property managers

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnits$/unit
La Maison Collette815 Broadway · Manhattan · new constructionSponsor: 813 & 815 Broadway Property LLC · Principals: Benjamin Shaoul, Elizabeth Shaoul, Minoo Shaoul · Named on p. 173 ↗202520$2.21 million
196 Orchard Street Condominium196 Orchard Street · Manhattan · new constructionSponsor: Mb-Reec Houston Property Owner LLC · Named on p. 159 ↗201694$3.1 million
385 First Avenue Condominium385 First Avenue · Manhattan · conversionSponsor: Mf 385 First Ave LLC · Principals: Benjamin Shaoul · Reported by 6sqft.com ↗2015138$1.29 million
389 East 89th Street Condominium389 East 89th Street · Manhattan · conversionSponsor: Mf 389 East 89 LLC · Principals: Benjamin Shaoul · Named on p. 258 ↗2015199$1.34 million
100 Barclay100 Barclay Street · Manhattan · new constructionSponsor: 140 West Street (NY), LLC · Named on p. 959 ↗2015161$354,410

$/unit is the offering price on the AG record divided by the residential units; the average is across the plans with both. Different spellings of one company's name are counted together.