THE CONDO BOOK PROJECT

1222 Putnam Avenue Condominium

1222 Putnam Avenue, Brooklyn, NY 11221

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Overview

1222 Putnam Avenue is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted September 2023 · 267 pages
  • Finishes: Wood floors, stone kitchen countertops, wood cabinets, Whirlpool, Summit and Danby appliances, a washer and dryer in each apartment and Delta bathroom fittings
  • Prices: $1,113 a square foot on average, as first offered; $4.95 million in all ($4.93 million when first offered)
  • Common charges: $241–$643 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
  1. SubmittedApril 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 Nov 30, 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 1222 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 →

Amendments

Amendment 1 Apr 2, 2024

Plan declared effective, floor plans updated to as-built conditions, and Schedule A revised with storage and square footage changes.

  • Plan declared effective April 1, 2024 based on 2 units in contract (28% of 7 units offered)
  • 3 additional units in contract after plan declared effective
  • Unit 1B cellar square footage increased from 579 sq. ft to 616 sq. ft
  • Unit 1B common interest decreased from 19.6563% to 19.5406% due to clerical error
  • Units 2A, 2B, 3A, 3B each have 54 sq. ft. limited common element storage added
  • Unit 1A has 110 sq. ft. limited common element storage removed
  • Unit 4A has half bathroom added
  • 5 units in contract: 1A, 1B, 2A, 2B, 3B; no units leased
What the amendment changed, line by lineSee 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 321186961

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 1222 Putnam Avenue's common charges high for the area? Yes, they're on the high side. 1222 Putnam Avenue budgets $0.63 per square foot a month, against a $0.53 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?