THE CONDO BOOK PROJECT

1258 54th Street Condominium

1258 54th Street, Brooklyn, NY 11219

Overview

Units
3 residential
Subway
2 min walk to 55 St D50 St D, 6 min
Principals
Moses Steinmetz
Common charges
$269–$479 a monthSponsor's first-year estimate in Schedule A, 7/1/2021 - 6/30/2022
Offering price
$750,000 total

The sponsor of record is Moses Steinmetz, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 346 pages. The nearest other condo plan on file is Rainspring Gardens Condomnium, next door.

Plan CD190415 · Rehab · accepted May 13, 2021 · AG record ↗

Compare

FigureThis building11465 56th22 units · 0.3 miaccepted 20231265 41st32 units · 0.7 miaccepted 2022
Average Offering PricePer Apartment$250,000Lowest$1.1M$1.3M

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Unit mix, closings, budgets, finishes and the team, against 1465 56th and 1265 41st, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed0% of the homes in Schedule A0 of 3

Sales recorded with the Department of Finance (ACRIS) through Mar 31, 2025: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

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Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
Moses Steinmetz
Principals
Moses Steinmetz
Tax estimate
Metropolitan Realty, IncPrepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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