THE CONDO BOOK PROJECT

295 12th Street Condominium

295 12th Street, Brooklyn, NY 11215

Overview

Units
2 residential
Subway
6 min walk to 4 Av-9 St F G R7 Av F G, 8 min
Principals
Frank Califano
Average $/sf
$1,599Homes in Schedule A, as first offered
Common charges
$590 a monthSponsor's first-year estimate in Schedule A, January 1, 2025 To December 31, 2025
Offering price
$4.7 million total

The sponsor of record is 1299 Realty Group LLC, represented by Eial Girtz, PC. The offering plan runs 272 pages. The sponsor has filed 2 amendments, the latest in April 2026. The nearest other condo plan on file is 294 12th Street Condominium, next door.

Plan CD240196 · Rehab · accepted Feb 3, 2025 · AG record ↗

Compare

FigureThis building1112 Luquer23 units · 1 miaccepted 2025110 Luquer33 units · 1 miaccepted 2025
Common ChargesPer Square Foot / Month$0.40Highest$0.31$0.31
Average Offering PricePer Apartment$2.35MHighest$2M$2M
Average PricePer Square Foot$1,599Below peers$1,604$1,611
Property TaxesPer Square Foot / Month$0.27Above peers$0.24$0.24
Average Unit SizeSquare Feet1,470 SFLargest1,139 SF1,138 SF

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Unit mix, closings, budgets, finishes and the team, against 112 Luquer and 110 Luquer, 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 closed100% of the homes in Schedule A2 of 2
Closing prices vs. Schedule A2 homes: $4,556,409 at closing against $4,700,000 in Schedule A (p. 39)−3.1%
Average closing price2 homes, on their Schedule A square feet$1,550 / SF
Closingsfirst and latest recordedMar 27, 2026 – Apr 15, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 2 closings
HomeRecordedClosing priceSchedule ADifference
2Mar 27, 2026$2,525,000$2,500,000 p. 39+1%
1Apr 15, 2026$2,031,409$2,200,000 p. 39−7.7%

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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
1299 Realty Group LLC
Principals
Frank Califano
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection

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

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