1477 Third Avenue

Published construction reporting credits BKSK Architects with the design and describes a slender brick-and-glass facade with arched windows on the upper floors and duplex layouts at the top of the building. The 2022 Department of Buildings filing listed BKSK as architect of record; the current applicant on the permit is Dome Architecture, Design & Engineering. Ask the sponsor which firm is the design architect and which is the architect of record.

The same reporting counted nine residences averaging about 2,677 square feet. The offering plan and the current permit both show 10, so the nine-unit figure looks like an earlier scheme or a duplex count. Unit mix, finishes and amenities have not been published; Schedule A of the plan will set them once it is accepted.

The site was cleared in 2025, and construction was underway by February 2026.

Per the offering plan filed with the New York State Attorney General (plan CD260204), the plan was submitted June 4, 2026 at a total offering price of $55,345,000 for 10 residential units. The record lists no commercial, storage or parking units, no amendments, no acceptance date and no units sold.

$55,345,000 across 10 homes is an average of $5,534,500. Against the roughly 24,000 to 25,000 square feet of residential area implied by the published figures, that is in the area of $2,200 to $2,300 per square foot blended. Treat that as a rough guide: the residential area is not yet confirmed in Schedule A, and the commercial space shown in Department of Buildings filings does not appear as a unit in the Attorney General record. Ask whether the sponsor keeps the retail space outside the condominium.

The sponsor has not published asking prices.

Before the plan is accepted. The Attorney General must accept an offering plan before a sponsor can sign purchase contracts and take deposits. Before acceptance a sponsor may collect expressions of interest, but may not take reservations or deposits, and an interest list does not secure a unit. Prices and unit counts in the filed plan can move through amendments.

Deposit and contract. New-development contracts typically require a deposit of 10% at signing, held in escrow, with some sponsors asking for 20%. The plan and contract package state this building's terms.

Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%, or 0.65% at $3 million or more) and the New York City real property transfer tax (1% at $500,000 or less and 1.425% above for a residential unit), plus the state "mansion tax" of 1% at $1 million, rising in tiers to 3.9% at $25 million in New York City. On a $5.5 million home that is about $114,125 in transfer taxes before any gross-up and $123,750 in mansion tax at the 2.25% tier for $5 million to $10 million. Use the calculators below to run your price.

A 10-unit condominium. With 10 owners, each vote and each assessment carries weight. Ask how the plan's budget covers staffing, the elevator and the facade.

Closing on a temporary certificate of occupancy. A sponsor can close on units while the building holds a temporary certificate of occupancy, renewed periodically until a final one issues. Ask what the sponsor holds back until then.

Carrying costs and abatement. The plan's budget will project first-year common charges and real estate taxes. No tax abatement has been disclosed.

Sponsor board control. The sponsor controls the board until enough units are sold to turn control over to owners. The declaration and by-laws set the threshold.

If you're considering 1477 Third Avenue, also look at these Yorkville condominiums:

• 1437 Third Avenue — ground-up condominium two blocks south on the same avenue
• 213 East 83rd Street — planned new-construction condominium on the same block
• 200 East 83rd Street — 85-residence condominium tower one block south
• 237 East 88th Street — 20-residence condominium a few blocks north
• 205 East 85th Street — larger condominium one block north, for scale and amenities
• 201 East 80th Street — 121-unit condominium at Third Avenue and East 80th Street