THE CONDO BOOK PROJECT

430 West 37th Street Condos: What the Offering Plan Says

Updated · 6 min read

430 West 37th Street is a new 11-story building with 128 condo apartments over retail. Its offering plan details Gaggenau kitchens, a courtyard pool, a 24/7 doorman supplied by a sponsor-affiliated managing agent, a large reserve line in the budget, and property taxes that run higher than common charges.

In brief: The 430 West 37th Street Condominium is a new 11-story building near Hudson Yards with 128 one- to three-bedroom apartments, 36 storage units and five commercial and community facility units. Its offering plan lists Gaggenau kitchens, in-unit Bosch laundry and a courtyard pool and terrace. What sets it apart: the managing agent is affiliated with the sponsor and also supplies all the staff, the sponsor can rent out unsold units and may never give up board control, and estimated property taxes run well above common charges.

What's Specific to It

Listing photos of 430 West 37th Street can show you the finishes. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.

At a Glance

Finishes

Kitchens

Every apartment gets a Gaggenau refrigerator, dishwasher, induction range and oven, with a Bosch range hood. Select units add a Gaggenau wine cooler. Counters and islands are stone slab, with wood veneer cabinets. Compare with kitchen appliance brands in NYC condos.

Bathrooms

Bathroom floors and walls are marble or porcelain tile, with a medicine cabinet. The plan doesn't name the bathroom fixture brands.

Floors, laundry, heating and cooling

Read more on heating and cooling systems in NYC condos.

Amenities

Good to know: not every shared space may be ready at the first closing. The sponsor commits to finishing them within 24 months, with no price or common charge credit in the meantime.

Tip: the 36 storage units are sold separately, about $1.33 million in total for all of them. Compare with amenities by building size.

Staffing and Services

The plan projects:

All staff are provided through the managing agent rather than hired by the condo. The plan doesn't say whether staff are union. See where condo common charges go for context.

What It Costs to Run

The sponsor projects a first-year budget of about $2 million (July 2027 to June 2028). Residential owners carry about 92% of it. The biggest lines:

Budget lineApprox. first-year cost
Labor (doorman, super, porters)$481,000
Electricity for common areas$441,000
Reserve fund$296,000
Insurance$200,000
Service contracts$153,000
Management fee$65,000

Labor is about 24% of the budget. Service contracts include about $36,000 for landscaping, $30,000 for the elevator and $25,000 for window washing.

Common charges run roughly $790 a month for the smallest one-bedroom to about $4,030 for the largest three-bedroom. Estimated property taxes add roughly $1,340 to $6,840 a month on top. Read more on common charges and estimating condo property taxes.

Good to know: at closing you pay one month's common charges to the working capital fund and another month's to the reserve fund. See working capital contributions and reserve funds.

Fine Print Worth Knowing

Who's Behind It

The plan doesn't name an interior designer.

Common Questions

Does 430 West 37th Street have a pool?

Yes. The plan describes a pool on the first-floor courtyard roof, alongside a green roof and terrace. It may not be ready until up to 24 months after the first closing.

How much are common charges at 430 West 37th Street?

Under the sponsor's first-year projection, roughly $790 to $4,030 a month depending on the unit, with estimated property taxes of about $1,340 to $6,840 a month on top.

Does 430 West 37th Street get a tax abatement?

No. The plan says owners won't receive the co-op and condo tax abatement, and taxes may rise when the finished building is reassessed.

Where this comes from: the building's offering plan (CD250350), filed with the New York Attorney General, including its Schedule A price list and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales. Updated October 2026.