1230 Putnam Avenue Condominium
1230 Putnam Avenue, Brooklyn, NY 11221
Overview
1230 Putnam Avenue is a new 3-unit condo in Brooklyn.
- Offering plan: Accepted May 2025 · 292 pages · floor plans on page 4
- Finishes: Engineered wood floors, quartz kitchen countertops, Frigidaire appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
- Prices: $1,102 a square foot on average, as first offered; $3.27 million in all
- Common charges: $477–$1,328 a month, the sponsor's first-year estimate
- Developer: Trademark Development Group; principals Elliot Ambalo and Etai Vardi
- Sponsor: Putnam 1230 LLC, represented by Eial Girtz, PC
- Neighborhood: Bushwick, Brooklyn
- Subway: 11-minute walk to Halsey St (J); 11 minutes to Gates Av (J, Z)
- Amendments: 1, the latest in March 2026
- Units
- 3 residential
- Neighborhood
- Bushwick, Brooklyn
- Subway
- 11 min walk to Halsey St JGates Av J Z, 11 min
- Developer
- Trademark Development Group
- Principals
- Elliot Ambalo, Etai Vardi
- Average $/sf
- $1,102Homes in Schedule A, as first offered
- Common charges
- $477–$1,328 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 To June 30, 2026
- Offering price
- $3.27 million total
- Floor plans
- Page 4 of the plan
- SubmittedMarch 2026
- AcceptedMay 2025
- 1 amendment
- First sale
Units & Prices
Sales
From city records (ACRIS), through Jun 30, 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 1230 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.
Each home's estimate, city bills and tax breaksSee it free →Compare
| Figure | This building1 | 80 Cornelia23 units · 0.1 miaccepted 2025 | Evergreen By Aisen33 units · 0.4 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.83Highest | $0.62 | $0.48 |
| Average Offering PricePer Apartment | $1.09MBelow peers | $1.16M | $1.46M |
| Average PricePer Square Foot | $1,102Below peers | $1,142 | $1,162 |
| Average Unit SizeSquare Feet | 989 SFSmaller | 1,015 SF | 1,254 SF |
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 →The Building
Amendments
Amendment 1 Mar 26, 2026
Plan extended 6 months and escrow agent designated.
- Plan extended for 6 months
- Lehrman & Maseng, PLLC designated as Escrow Agent at 360 Lewis Avenue, Brooklyn, NY 11233, (718) 522-2999
- Michael Lehrman and Carmel Maseng designated as escrow account signatories
- Escrow account established at JP Morgan Chase Bank, 975 Bedford Avenue, Brooklyn, NY 11205
Team
- Sponsor
- Putnam 1230 LLC
- Developer
- Trademark Development Group
- Principals
- Elliot Ambalo, Etai Vardi
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Battalion Lending$1.55 million loan stated in the plan
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
- 1228 Putnam Avenue Condominiumnext door · 6 units · 2021
- 1222 Putnam Avenue Condominiumnext door · 7 units · 2023
- 1220 Putnam Avenue Condominiumnext door · 7 units · 2023
- 1218 Putnam Avenue Condominiumnext door · 7 units · 2023
- Solara Condominiumnext door · 8 units · 2026
- 1110 Madison Street Condominiumnext door · 10 units · 2020
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