THE CONDO BOOK PROJECT

21 East 12th Street Condominium

21 East 12th Street, Manhattan, NY 10003

Overview

Units
52 residential · 1 parking · 8 storage · 1 commercial
Subway
2 min walk to 14 St-Union Sq 4 5 6 B D F L M N Q R W14 St-Union Sq 4 5 6 B D F L M N Q R W, 3 min
Developer
William Macklowe Company
Principals
William Macklowe
Offering price
$304 million total

The sponsor of record is 21e12 LLC, represented by Holland & Knight LLP. The offering plan runs 555 pages. The sponsor has filed 26 amendments, the latest in June 2023. The nearest other condo plan on file is 17 East 12th Street Condominium, next door.

Plan CD150364 · New · accepted May 25, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan52 of 52
Closingsfirst and latest recordedSep 20, 2016 – Jul 23, 2020

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 52 closings
HomeRecordedClosing priceSchedule ADifference
UPPERSep 20, 2016$60,000,000——
5DMar 19, 2019$2,507,195——
6CMar 20, 2019$2,608,771——
6DMar 20, 2019$2,421,419——
5BMar 25, 2019$4,429,042——
5AMar 26, 2019$3,886,358——
5CMar 26, 2019$2,638,241——
3AApr 8, 2019$23,278,631——
7BApr 12, 2019$4,581,135——
7DApr 15, 2019$2,446,647——
8AApr 17, 2019$4,173,771——
8BApr 17, 2019$4,516,285——
8CApr 17, 2019$2,723,774——
9AApr 18, 2019$4,323,858——
9BApr 22, 2019$4,782,960——
7CApr 24, 2019$2,675,411——
11BApr 24, 2019$4,825,848——
8DMay 8, 2019$2,544,916——
10BMay 8, 2019$4,843,800——
10AMay 15, 2019$4,329,496——
11AMay 15, 2019$4,381,008——
12AMay 15, 2019$4,432,521——
15AMay 17, 2019$4,618,483——
12BMay 22, 2019$4,804,210——
12CMay 28, 2019$5,273,613——
16AMay 29, 2019$4,829,702——
16BMay 31, 2019$5,105,867——
16CMay 31, 2019$6,078,963——
14BJun 3, 2019$5,058,923——
6AJun 14, 2019$3,926,358——
7AJun 14, 2019$4,067,813——
17CJun 18, 2019$5,948,994——
15BJun 28, 2019$4,953,938——
19AJul 9, 2019$8,691,498——
19BJul 11, 2019$8,083,945——
6BJul 15, 2019$4,396,073——
18BJul 16, 2019$7,882,120——
17AJul 17, 2019$4,796,677——
17BJul 17, 2019$5,207,692——
18AJul 24, 2019$8,589,329——
20AAug 21, 2019$8,721,028——
20BAug 29, 2019$8,284,412——
PHASep 27, 2019$15,001,496——
PHCOct 7, 2019$17,281,288——
4COct 11, 2019$2,265,606——
PHBOct 11, 2019$16,842,943——
11CJan 15, 2020$4,217,808——
10CFeb 5, 2020$4,050,011——
15CApr 17, 2020$4,550,011——
14CApr 28, 2020$4,475,011——
14AMay 26, 2020$4,170,485——
9CJul 23, 2020$4,025,011——

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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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
21e12 LLC
Developer
William Macklowe Company
Principals
William Macklowe
Tax estimate
Marcus & Pollack LLPPrepared the first-year real estate tax projection

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

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