THE CONDO BOOK PROJECT

1230 Putnam Avenue Condominium

1230 Putnam Avenue, Brooklyn, NY 11221

Compare

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
  1. SubmittedMarch 2026
  2. AcceptedMay 2025
  3. 1 amendment
  4. First sale

Sales

1 of 3homes sold (33%)
Every sale: 1 home, with price and dateSee it free →

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

FigureThis building180 Cornelia23 units · 0.1 miaccepted 2025Evergreen 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 Feet989 SFSmaller1,015 SF1,254 SF
Unit mix, amenities, finishes, utilities and operating costs against 80 Cornelia and Evergreen By AisenUnlock 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 →

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
What the amendment changed, line by lineSee it free →

Team

Sponsor
Putnam 1230 LLC
Developer
Trademark Development Group
Principals
Elliot Ambalo, Etai Vardi
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

Free in ChatGPT or Claude

Ask Claude or ChatGPT about 1230 Putnam Avenue

The fastest way to know any condo or co-op

Get Connected →
The Condo Book Project Are 1230 Putnam Avenue's common charges high for the area? Yes, they're on the high side. 1230 Putnam Avenue budgets $0.83 per square foot a month, against a $0.50 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?