THE CONDO BOOK PROJECT

226 Putnam Avenue Condominium

226 Putnam Avenue, Brooklyn, NY 11216

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Overview

226 Putnam Avenue is a 5-unit condo in Brooklyn.

  • Offering plan: Accepted August 2024 · 377 pages · floor plans on pages 166–167
  • Finishes: 8'4" ceilings, engineered wood floors, quartz kitchen countertops, Liebherr, Bosch and Bertazzoni appliances, a washer and dryer in each apartment and a VRF heat pump system for heating and cooling
  • Prices: $1,217 a square foot on average, as first offered; $4.6 million in all ($4.39 million when first offered)
  • Common charges: $299–$737 a month, the sponsor's first-year estimate
  • Developer: East Group Capital; principals Itay Gamlieli and Ofir Badash
  • Sponsor: 226 Putnam LLC, represented by Jeffrey Zwick & Associates, PC
  • Subway: 6-minute walk to Nostrand Av (A, C); 7 minutes to Franklin Av (C, S)
  1. SubmittedOctober 2023
  2. AcceptedAugust 2024
  3. First sale
  4. Latest sale

Sales

5 of 5homes sold (100%)
Every sale: 5 homes, with price and dateSee it free →

From city records (ACRIS), through Aug 31, 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 226 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 5 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 6 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
226 Putnam LLC
Principals
Itay Gamlieli, Ofir Badash
Tax estimate
Berish LichtmanPrepared the first-year real estate tax projection
Construction lender
Bayport FundingLender on the mortgage and building loan agreement recorded April 2022 in ACRIS; $2.23 million recorded

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 226 Putnam Avenue's common charges high for the area? Yes, they're on the high side. 226 Putnam Avenue budgets $0.72 per square foot a month, against a $0.70 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 5 units, every budget line, every saleSee it free