THE CONDO BOOK PROJECT

161 12th Street Condominium

161 12th Street, Brooklyn, NY 11215

Overview

Units
8 residential · 1 commercial
Subway
5 min walk to 4 Av-9 St F G RProspect Av R, 8 min
Offering price
$11.2 million total $9.1 million when first offered

The sponsor of record is 165 12 Street Owner LLC, represented by Marans Weisz & Newman LLC. The sponsor has filed 8 amendments, the latest in September 2020. The nearest other condo plan on file is Belvedere Xxxvi Condominium, next door.

Plan CD180416 · New · accepted Sep 11, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedApr 23, 2020 – Sep 1, 2021

Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: 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.

All 9 closings
HomeRecordedClosing priceSchedule ADifference
3AApr 23, 2020$699,000——
4BApr 30, 2020$1,246,338——
3BMay 7, 2020$1,175,000——
4AMay 27, 2020$710,000——
5BJun 19, 2020$1,250,500——
5AJul 31, 2020$641,520——
PHJul 31, 2020$1,350,000——
THJan 13, 2021$2,100,000——
CUSep 1, 2021$483,669——

Pro

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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Team

Sponsor
165 12 Street Owner LLC

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

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