THE CONDO BOOK PROJECT

215 Putnam Avenue Condominium

215 Putnam Avenue, Brooklyn, NY 11216

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Overview

215 Putnam Avenue is a 6-unit condo in Brooklyn.

  • Offering plan: Accepted June 2022 · 345 pages · floor plans on pages 160–165
  • Finishes: 8'3" ceilings, wood floors, quartz kitchen countertops, laminate cabinets, Frigidaire and GE appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $1,186 a square foot on average, as first offered; $5.39 million in all ($5.37 million when first offered)
  • Common charges: $261–$676 a month, the sponsor's first-year estimate
  • Sponsor: 215 Putnam Development LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Eliahu Nahman
  • Subway: 5-minute walk to Nostrand Av (A, C); 6 minutes to Franklin Av (C, S)
  • Amendments: 2, the latest in November 2022
  1. SubmittedSeptember 2022
  2. AcceptedJune 2022
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

6 of 6homes sold (100%)
Every sale: 6 homes, with price and dateSee it free →

From city records (ACRIS), through Nov 30, 2023.

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 215 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 plan lists what a buyer pays at closing.

All 7 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Aug 23, 2022

The offering plan has been declared effective with one unit under contract, and the plan term is extended six months.

  • Plan declared effective as of August 23, 2022
  • One unit (3B) under executed purchase agreement as of 8/22/2022, representing 16% of residential units
  • First unit closing delayed until amendment is accepted for filing
  • Plan term extended six months from amendment date
What the amendment changed, line by lineSee it free →

Team

Sponsor
215 Putnam Development LLC
Principals
Eliahu Nahman
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection
Construction lender
Northeast Community Bank$2.46 million recorded
General contractors
HP Building Management, RM Construction and DevHeld the general construction permit on DOB job 321705749
Structural engineer
R & O EngineeringNamed on p. 156
MEP engineer
Chosen MEPMechanical, electrical and plumbing · Named on p. 156
Property report
Oscar P. Walters, Jr., PEPrepared the plan's description of the property and its condition · Named on p. 156
Buyer's lender
U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 196

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6B

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are 215 Putnam Avenue's common charges high for the area? No, they're on the low side. 215 Putnam Avenue budgets $0.47 per square foot a month, against a $0.63 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
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