THE CONDO BOOK PROJECT

270 12th Street Condominium

270 12th Street, Brooklyn, NY 11215

Compare

Overview

270 12th Street is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted March 2020 · 196 pages · floor plans on pages 89–96
  • Finishes: 8-foot ceilings, wood floors, stone kitchen countertops, wood cabinets, Sub-Zero, Wolf and Whirlpool appliances, washer/dryer hook-ups and split-system units for heating and cooling
  • Prices: $1,249 a square foot on average, as first offered; $4.89 million in all ($4.55 million when first offered)
  • Common charges: $336–$504 a month, the sponsor's first-year estimate
  • Sponsor: 270 12th St LLC, represented by Korsinsky & Klein, LLP; principals Valdimir Lempert, Igor Avagyan, Jacqueline Vaiman and Leonid Kershteyn
  • Neighborhood: Park Slope, Brooklyn
  • Subway: 5-minute walk to 4 Av-9 St (F, G, R); 7 minutes to Prospect Av (R)
  • Amendments: 2, the latest in February 2021
  1. SubmittedDecember 2020
  2. AcceptedMarch 2020
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Dec 31, 2021.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do 270 12th Street's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 4 homes.

Each home's estimate, city bills and tax breaksSee it free →

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Feb 5, 2021

Plan declared effective after receiving purchase agreements for two units representing 50% of residential units.

  • Plan declared effective as of 2/2/21
  • Two units sold (50.00% of residential units)
  • Sponsor to pay all common charges, special assessments and real estate taxes on unsold units

Amendment 1 Dec 17, 2020

Unit 3 and Unit 4 prices increased, and Unit 4 corrected from 2 bedrooms to 3 bedrooms.

  • Unit 3 price increased to $989,000.00
  • Unit 4 price increased to $1,699,000.00
  • Unit 4 bedroom count corrected to 3 bedrooms (was listed as 2)
  • Revised Schedule A and Floor Plan from Architects report attached
  • Plan extended for greater of six months from amendment acceptance or twelve months from original acceptance
  • Schedule A prices increased for 2 homes (median +21.4%): 3 $950,000 → $989,000; 4 $1,400,000 → $1,699,000
What each amendment changed, line by lineSee it free →

Team

Sponsor
270 12th St LLC
Principals
Valdimir Lempert, Igor Avagyan, Jacqueline Vaiman, Leonid Kershteyn

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6B

Today's zoning, from city data (PLUTO 26v2).

Nearby

Free in ChatGPT or Claude

Ask Claude or ChatGPT about 270 12th Street

The fastest way to know any condo or co-op

Get Connected →
The Condo Book Project Are 270 12th Street's common charges high for the area? They're in line. 270 12th Street budgets $0.41 per square foot a month, against a $0.41 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?