THE CONDO BOOK PROJECT

770 Putnam Avenue Condominium

770 Putnam Avenue, Brooklyn, NY 11221

Overview

Units
3 residential
Subway
11 min walk to Utica Av A CGates Av J Z, 13 min
Offering price
$3.4 million total

The sponsor of record is 770 Putnam LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 2 amendments, the latest in November 2017. The nearest other condo plan on file is 664 Jefferson Avenue Condominium, next door.

Plan CD160204 · Rehab · accepted Nov 17, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan3 of 3
Closingsfirst and latest recordedJul 31, 2017 – Mar 16, 2018

Sales recorded with the Department of Finance (ACRIS) through May 31, 2026: 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 3 closings
HomeRecordedClosing priceSchedule ADifference
3Jul 31, 2017$999,000——
2Aug 3, 2017$999,000——
1Mar 16, 2018$955,000——

Pro

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
770 Putnam LLC
Construction lender
Alpahema CapitalLender on the mortgage and building loan agreement recorded October 2014 in ACRIS; $1 million recorded

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

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