THE CONDO BOOK PROJECT

316 12th Street Condominium

316 12th Street, Brooklyn, NY 11215

Overview

Units
4 residential
Subway
7 min walk to 4 Av-9 St F G R7 Av F G, 7 min
Offering price
$7.15 million total $5.5 million when first offered

The sponsor of record is 316 12th Moc LLC, represented by Tsyngauz & Associates, P.C.. The sponsor has filed 4 amendments, the latest in November 2018. The nearest other condo plan on file is 314 12th Street Condominium, next door.

Plan CD170320 · New · accepted Feb 9, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedAug 16, 2018 – Jan 7, 2019

Sales recorded with the Department of Finance (ACRIS) through Jun 30, 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.

All 4 closings
HomeRecordedClosing priceSchedule ADifference
4Aug 16, 2018$1,781,938——
2Sep 13, 2018$1,578,288——
1Oct 3, 2018$1,800,000——
3Jan 7, 2019$1,560,000——

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
316 12th Moc LLC
Construction lender
Shaughnessy CapitalLender on the mortgage and building loan agreement recorded August 2017 in ACRIS; $3.93 million recorded

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

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