THE CONDO BOOK PROJECT

1218 Putnam Avenue Condominium (Annabelle)

1218 Putnam Avenue, Brooklyn, NY 11221

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Overview

Annabelle is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted September 2023 · 268 pages · floor plans on page 97
  • Finishes: Wood floors, stone kitchen countertops, wood cabinets, Whirlpool, Summit and Danby appliances and Delta bathroom fittings
  • Prices: $1,135 a square foot on average, as first offered; $5.1 million in all
  • Common charges: $316–$621 a month, the sponsor's first-year estimate
  • Sponsor: 1222 Putnam Development Inc, represented by Eial Girtz, PC
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 10-minute walk to Halsey St (J); 11 minutes to Gates Av (J, Z)
  • Amendments: 1, the latest in May 2024
  1. SubmittedMay 2024
  2. AcceptedSeptember 2023
  3. 1 amendment
  4. First sale
  5. Latest sale

Sales

7 of 7homes sold (100%)
Every sale: 7 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 2025.

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 Annabelle's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 7 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 6 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
1222 Putnam Development Inc
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Bayport Funding$3.52 million loan stated in the plan
General contractors
Dawny Construction, Brooklyn Az, KorkHeld the general construction permit on DOB job 321186943

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 Annabelle's common charges high for the area? Yes, they're on the high side. Annabelle budgets $0.62 per square foot a month, against a $0.52 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?