1206 Putnam Avenue Condominium

1206 Putnam Avenue, Brooklyn, NY 11221

Overview

Units: 21 residential · 11 parking
Subway: 10 min walk to Halsey St JGates Av J Z, 10 min
Developer: Urban View Development Group Inc.
Principals: Nadav Hamo
Average $/sf: $906Homes in Schedule A, as first offered
Common charges: $286–$519 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 - June 30, 2022
Offering price: $16.3 million total
Floor plans: Page 7 of the plan

The sponsor of record is 507 Evergreen Avenue LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 372 pages. The sponsor has filed 4 amendments, the latest in October 2022. The nearest other condo plan on file is 503 Evergreen Avenue Condominium, next door.

Plan CD200146 · New · accepted Feb 22, 2021 · AG record ↗

Compare

Figure	This building¹	Calming One²17 units · 0.7 miaccepted 2020	Chauncey³13 units · 0.7 miaccepted 2020
Common ChargesPer Square Foot / Month	$0.50Above peers	$0.36	$0.49
Average Offering PricePer Apartment	$611,905In line	$569,588	$622,000
Average PricePer Square Foot	$906Above peers	$868	$809
Property TaxesPer Square Foot / Month	$0.88Highest	$0.11	$0.38
Average Unit SizeSquare Feet	675 SFIn line	656 SF	768 SF

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Unit mix, closings, budgets, finishes and the team, against Calming One and Chauncey, cited to the offering plans. No credit card required.

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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.

Closings Pro

Homes closed100% of the homes in Schedule A	21 of 21
Closing prices vs. Schedule A21 homes: $12,714,502 at closing against $12,850,000 in Schedule A (p. 50)	−1.1%
Average closing price21 homes, on their Schedule A square feet	$897 / SF
Closingsfirst and latest recorded	Jun 7, 2022 – Jul 5, 2023

Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2025: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 21 closings

Home	Recorded	Closing price	Schedule A	Difference
5A	Jun 7, 2022	$892,000	$850,000 p. 50	+4.9%
2B	Jul 13, 2022	$520,000	$535,000 p. 50	−2.8%
4A	Jul 19, 2022	$590,000	$545,000 p. 50	+8.3%
5C	Jul 26, 2022	$829,000	$900,000 p. 50	−7.9%
2A	Jul 29, 2022	$528,472	$535,000 p. 50	−1.2%
3C	Sep 13, 2022	$554,946	$535,000 p. 50	+3.7%
3A	Sep 14, 2022	$515,000	$535,000 p. 50	−3.7%
4C	Sep 19, 2022	$570,000	$545,000 p. 50	+4.6%
3D	Sep 23, 2022	$762,669	$750,000 p. 50	+1.7%
2C	Sep 28, 2022	$494,000	$535,000 p. 50	−7.7%
2E	Oct 6, 2022	$501,415	$535,000 p. 50	−6.3%
3E	Oct 7, 2022	$516,000	$535,000 p. 50	−3.6%
4E	Oct 7, 2022	$540,000	$545,000 p. 50	−0.9%
4D	Nov 3, 2022	$779,000	$750,000 p. 50	+3.9%
5B	Dec 7, 2022	$785,000	$775,000 p. 50	+1.3%
2D	Dec 20, 2022	$769,000	$750,000 p. 50	+2.5%
3F	Jan 4, 2023	$544,000	$535,000 p. 50	+1.7%
2F	Jan 5, 2023	$497,000	$535,000 p. 50	−7.1%
3B	Feb 7, 2023	$495,000	$535,000 p. 50	−7.5%
4B	Mar 31, 2023	$499,000	$545,000 p. 50	−8.4%
4F	Jul 5, 2023	$533,000	$545,000 p. 50	−2.2%