THE CONDO BOOK PROJECT

4402 12th Avenue Condominium

4402 12th Avenue, Brooklyn, NY 11219

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Overview

4402 12th Avenue is a new 4-unit condo in Brooklyn.

  • Offering plan: Accepted April 2025 · 308 pages · floor plans on page 36
  • Finishes: Hardwood floors, laminate kitchen countertops, wood laminate cabinets, Liebherr and Miele appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $762 a square foot on average, as first offered; $5.7 million in all
  • Common charges: $399 a month, the sponsor's first-year estimate
  • Sponsor: 4402 12 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Benyamin Melber
  • Neighborhood: Borough Park, Brooklyn
  • Subway: 4-minute walk to Fort Hamilton Pkwy (D); 6 minutes to 50 St (D)
  • Amendments: 1, the latest in May 2025
  1. SubmittedMay 2025
  2. AcceptedApril 2025
  3. 1 amendment
  4. First sale

Sales

1 of 4homes sold (25%)
Every sale: 1 home, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 2026.

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 4402 12th Avenue's common charges compare with similar buildings? →

Property Taxes

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

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

Compare

FigureThis building11451 59th23 units · 0.8 miaccepted 20241513 51st34 units · 0.6 miaccepted 2025
Common ChargesPer Square Foot / Month$0.13Lowest$0.23$0.25
Average Offering PricePer Apartment$1.9MIn line$2M$1.26M
Average PricePer Square Foot$762Below peers$873$932
Average Unit SizeSquare Feet3,023 SFLargest2,244 SF1,354 SF
Unit mix, amenities, finishes, utilities and operating costs against 1451 59th and 1513 51stUnlock the rest with a free account
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.

Closing Costs

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

All 8 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
4402 12 LLC
Principals
Benyamin Melber
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Broadview Capital$3.15 million loan stated in the plan
General contractor
Blue Dream BuildersHeld the general construction permit on DOB NOW job B00952872
Property report
Robert Pia, R.A.Prepared the plan's description of the property and its condition · Named on p. 115

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

Zoning

Zoning district
R6

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

Nearby

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The Condo Book Project Are 4402 12th Avenue's common charges high for the area? No, they're on the low side. 4402 12th Avenue budgets $0.13 per square foot a month, against a $0.23 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?