212 Fifth Avenue Condominium
212 Fifth Avenue, Manhattan, NY 10010
Overview
- Units
- 48 residential · 33 storage · 1 commercial
- Subway
- 3 min walk to 28 St R W23 St R W, 3 min
- Developer
- Flatiron Partner LLC
- Principals
- Joseph Sitt, Robert Gladstone
- Offering price
- $497.7 million total
- Floor plans
- Page 107 of the plan
The sponsor of record is 212 Fifth Avenue Venture LLC **, represented by Holland & Knight LLP. The offering plan runs 502 pages. The sponsor has filed 20 amendments, the latest in September 2019. The nearest other condo plan on file is 225 Fifth Avenue Condominium, next door.
Plan CD150006 · Rehab · accepted Aug 27, 2015 · AG record ↗
Closings Pro
| Homes closed96% of the homes in the plan | 46 of 48 |
| Closingsfirst and latest recorded | Feb 15, 2017 – Jun 28, 2019 |
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 46 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 6A | Feb 15, 2017 | $10,797,638 | — | — |
| 7A | Feb 15, 2017 | $10,900,000 | — | — |
| 7B | Feb 17, 2017 | $6,975,013 | — | — |
| 10C | Feb 22, 2017 | $4,440,150 | — | — |
| 6C | Feb 23, 2017 | $4,200,000 | — | — |
| 16A | Feb 27, 2017 | $15,782,875 | — | — |
| 7C | Mar 8, 2017 | $4,039,058 | — | — |
| 8C | Mar 8, 2017 | $4,140,883 | — | — |
| 9C | Mar 8, 2017 | $4,242,708 | — | — |
| 5C | Mar 9, 2017 | $3,971,175 | — | — |
| 3A | Mar 20, 2017 | $10,850,000 | — | — |
| 4C | Mar 22, 2017 | $4,378,475 | — | — |
| 15B | Mar 22, 2017 | $8,756,950 | — | — |
| 4A | Mar 24, 2017 | $11,000,000 | — | — |
| 4B | Mar 29, 2017 | $6,666,250 | — | — |
| 5B | Apr 4, 2017 | $6,669,538 | — | — |
| 3C | Apr 6, 2017 | $4,327,563 | — | — |
| 3B | Apr 7, 2017 | $7,013,419 | — | — |
| 6B | Apr 20, 2017 | $6,420,000 | — | — |
| 16B | Apr 20, 2017 | $9,367,900 | — | — |
| 8A | Apr 24, 2017 | $11,000,000 | — | — |
| 10A | Apr 27, 2017 | $11,300,000 | — | — |
| 17A | May 31, 2017 | $15,647,690 | — | — |
| 11A | Jun 14, 2017 | $11,800,000 | — | — |
| 19A | Jun 20, 2017 | $28,225,000 | — | — |
| 8B | Aug 28, 2017 | $6,900,000 | — | — |
| 5A | Oct 19, 2017 | $10,300,000 | — | — |
| 12A | Nov 15, 2017 | $11,725,000 | — | — |
| 11C | Dec 7, 2017 | $4,500,000 | — | — |
| 17B | Jan 18, 2018 | $9,300,000 | — | — |
| 14B | Mar 28, 2018 | $7,550,000 | — | — |
| 18B | Apr 2, 2018 | $9,450,000 | — | — |
| 20B | Apr 18, 2018 | $11,250,000 | — | — |
| 20A | May 2, 2018 | $18,100,000 | — | — |
| 14A | May 29, 2018 | $12,000,000 | — | — |
| 12B | Jun 13, 2018 | $7,600,000 | — | — |
| 12C | Dec 31, 2018 | $3,750,000 | — | — |
| 14C | Jan 17, 2019 | $4,000,000 | — | — |
| 9B | Jan 30, 2019 | $6,650,000 | — | — |
| 15A | May 1, 2019 | $14,300,000 | — | — |
| 21A | May 15, 2019 | $28,450,000one deed, 2 homes | — | — |
| 21B | May 15, 2019 | $28,450,000one deed, 2 homes | — | — |
| PHA | Jun 4, 2019 | $51,550,000 | — | — |
| 18A | Jun 14, 2019 | $16,100,000 | — | — |
| 11B | Jun 24, 2019 | $6,400,000 | — | — |
| 10B | Jun 28, 2019 | $6,822,275 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- 212 Fifth Avenue Venture LLC **
- Developer
- Flatiron Partner LLC
- Principals
- Joseph Sitt, Robert Gladstone
- Counsel
- Holland & Knight LLP
- Tax estimate
- Podell, Schwartz, Schechter & Banfield, LLPPrepared the first-year real estate tax projection
- Construction lender
- Istar Financial$254 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 225 Fifth Avenue Condominiumnext door · 193 units · 2005
- 10 Madison Square Westnext door · 125 units · 2013
- 15 East 26th Streetnext door · 26 units · 2006
- New York Bow Building Condominiumnext door · 4 units · 2016
- 241 Fifth Avenue Condominiumnext door · 46 units · 2013
- Whitman Condominiumnext door · 4 units · 2012