1220 Putnam Avenue Condominium
1220 Putnam Avenue, Brooklyn, NY 11221
Overview
1220 Putnam Avenue is a 7-unit condo in Brooklyn.
- Offering plan: Accepted September 2023 · 264 pages · floor plans on page 96
- Finishes: Wood floors, stone kitchen countertops, wood cabinets, Whirlpool, Summit and Danby appliances, washer/dryer hook-ups and Delta bathroom fittings
- Prices: $1,161 a square foot on average, as first offered; $5.09 million in all
- Common charges: $317–$623 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 April 2024
- Units
- 7 residential
- Neighborhood
- Bushwick, Brooklyn
- Subway
- 10 min walk to Halsey St JGates Av J Z, 11 min
- Average $/sf
- $1,161Homes in Schedule A, as first offered
- Common charges
- $317–$623 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 To December 31, 2024
- Offering price
- $5.09 million total
- Floor plans
- Page 96 of the plan
- SubmittedApril 2024
- AcceptedSeptember 2023
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through May 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 1220 Putnam Avenue's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 6 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 →The Building
Amendments
Amendment 1 Apr 8, 2024
Plan declared effective after 28% of units placed under contract; Unit 4A revised to include a half bathroom.
- Plan declared effective as of March 28, 2024 based on two unit purchase agreements
- Units 1A and 2B are in contract
- Unit 4A now includes a half bathroom
- Revised floor plans reflect as-built conditions of building
- Construction substantially completed as of January 2024
Team
- Sponsor
- 1222 Putnam Development Inc
- Counsel
- Eial Girtz, PC
- 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 321186952
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
- 1222 Putnam Avenue Condominiumnext door · 7 units · 2023
- 1218 Putnam Avenue Condominiumnext door · 7 units · 2023
- Solara Condominiumnext door · 8 units · 2026
- 1228 Putnam Avenue Condominiumnext door · 6 units · 2021
- 1230 Putnam Avenue Condominiumnext door · 3 units · 2025
- 1206 Putnam Avenue Condominiumnext door · 21 units · 11 parking · 2021
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