THE CONDO BOOK PROJECT

Solara Condominium

1216 Putnam Avenue, Brooklyn, NY 11221

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Overview

Units
8 residential
Subway
10 min walk to Halsey St JGates Av J Z, 11 min
Principals
Jeff Akerman, Yehuda Reich
Common charges
$204–$508 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 -December 31, 2026
Offering price
$5.17 million total

The sponsor of record is Bsd 1216 Putnam LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 336 pages. The nearest other condo plan on file is 1218 Putnam Avenue Condominium, next door.

Plan CD250180 · Rehab · accepted Jan 6, 2026 · AG record ↗

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FigureThis building1684 Flushing28 units · 1.7 miaccepted 2025220 Schaefer36 units · 0.5 miaccepted 2025
Average Offering PricePer Apartment$645,881Below peers$649,000$675,833

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Unit mix, closings, budgets, finishes and the team, against 684 Flushing and 220 Schaefer, 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.

Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
Bsd 1216 Putnam LLC
Principals
Jeff Akerman, Yehuda Reich
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection
Construction lender
Rflf 7$2.17 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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