Avant
531-533 East 12th Street, Manhattan, NY 10009
Overview
- Units
- 26 residential · 6 storage
- Subway
- 4 min walk to 1 Av L3 Av L, 11 min
- Developer
- Delshah Capital
- Principals
- Michael Shah
- Average $/sf
- $1,871Homes in Schedule A, as first offered
- Common charges
- $523–$1,235 a monthSponsor's first-year estimate in Schedule A, January 1, 2021 through December 31, 2021
- Offering price
- $39.4 million total $37.4 million when first offered
- Floor plans
- Page 5 of the plan
The sponsor of record is Ds 531 E. 12th Owner LLC, represented by Starr Associates LLP. The offering plan runs 567 pages. The sponsor has filed 9 amendments, the latest in November 2025. The nearest other condo plan on file is Blue Diamond Condominium, next door.
Plan CD190124 · Conversion · accepted Jun 12, 2020 · AG record ↗
Compare
| Figure | This building1 | Home0001 @ 48 Allen217 units · 1 miaccepted 2020 | Marlow340 units · 3.9 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.11In line | $1.76 | $0.95 |
| Average Offering PricePer Apartment | $1.41MIn line | $1.15M | $2.24M |
| Average PricePer Square Foot | $1,871Below peers | $2,143 | $1,982 |
| Property TaxesPer Square Foot / Month | $2.10Highest | $1.34 | $1.71 |
| Average Unit SizeSquare Feet | 753 SFIn line | 535 SF | 1,132 SF |
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Unit mix, closings, budgets, finishes and the team, against Home0001 @ 48 Allen and Marlow, cited to the offering plans. No credit card required.
Create a free accountHow We Got This
- Comps: the closest Manhattan 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.
Units & Prices
Closings Pro
| Homes closed96% of the homes in Schedule A | 25 of 26 |
| Closing prices vs. Schedule A25 homes: $33,275,000 at closing against $35,760,000 in Schedule A (p. 65) | −6.9% |
| Average closing price25 homes, on their Schedule A square feet | $1,752 / SF |
| Closingsfirst and latest recorded | Oct 26, 2021 – Oct 17, 2024 |
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 25 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 7D | Oct 26, 2021 | $1,190,000 | $1,190,000 p. 65 | 0% |
| 4C | Oct 27, 2021 | $1,250,000 | $1,275,000 p. 65 | −2% |
| 6C | Oct 27, 2021 | $780,000 | $790,000 p. 65 | −1.3% |
| 7B | Nov 5, 2021 | $1,255,000 | $1,215,000 p. 65 | +3.3% |
| 5C | Nov 17, 2021 | $770,000 | $780,000 p. 65 | −1.3% |
| 3B | Nov 18, 2021 | $1,265,000 | $1,265,000 p. 65 | 0% |
| 3C | Nov 22, 2021 | $1,265,000 | $1,265,000 p. 65 | 0% |
| 2B | Nov 30, 2021 | $1,250,000 | $1,255,000 p. 65 | −0.4% |
| 7C | Nov 30, 2021 | $1,215,000 | $1,215,000 p. 65 | 0% |
| 4B | Dec 1, 2021 | $1,275,000 | $1,275,000 p. 65 | 0% |
| 5D | Dec 1, 2021 | $770,000 | $770,000 p. 65 | 0% |
| 6A | May 6, 2022 | $1,280,000 | $1,915,000 p. 65 | −33.2% |
| 3A | May 18, 2022 | $1,295,000 | $1,875,000 p. 65 | −30.9% |
| 6D | May 19, 2022 | $1,250,000 | $780,000 p. 65 | +60.3% |
| 2C | Jun 15, 2022 | $1,235,000 | $1,255,000 p. 65 | −1.6% |
| 3D | Jun 22, 2022 | $1,325,000 | $800,000 p. 65 | +65.6% |
| 7A | Jun 27, 2022 | $1,290,000 | $1,190,000 p. 65 | +8.4% |
| 4D | Jul 29, 2022 | $1,390,000 | $810,000 p. 65 | +71.6% |
| 6B | Jul 29, 2022 | $1,875,000 | $1,950,000 p. 65 | −3.8% |
| PHB | Aug 15, 2022 | $2,150,000 | $2,670,000 p. 65 | −19.5% |
| PHA | Apr 28, 2023 | $2,000,000 | $2,650,000 p. 65 | −24.5% |
| 4A | Dec 28, 2023 | $1,050,000 | $1,885,000 p. 65 | −44.3% |
| 5B | Jan 30, 2024 | $1,810,000 | $1,935,000 p. 65 | −6.5% |
| 5A | Aug 6, 2024 | $1,445,000 | $1,900,000 p. 65 | −23.9% |
| 2A | Oct 17, 2024 | $1,595,000 | $1,850,000 p. 65 | −13.8% |
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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
- Ds 531 E. 12th Owner LLC
- Developer
- Delshah Capital
- Principals
- Michael Shah
- Counsel
- Starr Associates LLP
- Tax estimate
- Marcus & Pollack LLPPrepared the first-year real estate tax projection
- Construction lender
- Pacific Western BankLender on the mortgage and building loan agreement recorded November 2018 in ACRIS; $19.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Blue Diamond Condominiumnext door · 5 units · 2007
- 536 East 13th Street Condominiumnext door · 11 units · 2015
- Fillmorenext door · 26 units · 2004
- Copper Building Condominiumnext door · 17 units · 2009
- Village Garden Condominiumnext door · 12 units
- Ambassador Studio Condominiumnext door · 6 units · 2004