1242 Putnam Avenue
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Description
Lot size: 20x100
Bedrooms: 6
Bathrooms: 6.5
Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters
Notes: Central...Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key] Located in an opportunity zone. Live in the spacious owner's duplex w/backyard and rent the other two units for income. Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates. Building size: 20x45 [3,600sqft]
Lot size: 20x100
Bedrooms: 6
Bathrooms: 6.5
Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters
Notes: Central HVAC with Nest WiFi thermostats Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by GE Whirlpool full sized washer / dryer [gas] in each unit [vented out] Video intercom Plumbing fixtures by Kohler & Delta Bluetooth bathroom speakers High ceilings on all floors
8ft hardwood interior doors & moldings Excellent closet space in each unit Hardwood natural oak floors LED lighting throughout HD security cameras Wired for TV and internet in each room Oversized private outdoor spaces for each unit Sound proofing between floors New roof, windows, insulation, plumbing, electrical, etc. Projected rental income:
Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500]
Unit 2 = 2Bed 2Bath with private terrace [$4,500]
Unit 3 = 2Bed 2Bath with private roof [$5,000]
TOTAL = $15,000/month = $180,000/year
Approximate yearly expenses:
Taxes: $3,014
Insurance: $3,600
Water & Sewer: $1,950
Garbage maintenance & cleaning: $1,800
Electrical: $480
Gas: $0
Repairs: $1,500
TOTAL = $12,344
Close to M, L subway lines at Myrtle-Wyckoff and J,Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant.
Property Details for 1242 Putnam Avenue
Property Details for 1242 Putnam Avenue
| Status | Active |
|---|---|
| MLS ID | OLRS-0089915 |
| Days on Market | 174 |
| Taxes | $251 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 10.0 |
| Compass Type | Townhouse |
| MLS Type | House/Building |
| Year Built | 1910 |
| Lot Size | 2,000 SF / 20' x 100' |
| County | Kings County |
Building
1242 Putnam Ave
Virtual Tour
Building Information for 1242 Putnam Avenue
Property Information for 1242 Putnam Avenue
- Subdivision Name: Bushwick
- Cross Street: Evergreen Avenue/Central Avenue
- Stories Total: 3
- Tax Lot: 26
- Tax Block: 3375
- Building Tax Lot: 26
- Tax Abatement YN: false
- Garage: No
- Virtual Tour URL Unbranded: https://www.youtube.com/embed/9FEokILmYGg
- Living Area: 3600.0
- Building Area Total: 3600.0
- Building Area Units: SquareFeet
- Lot Size Dimensions: 20.00 x 100.00
- Living Area Units: SquareFeet
- Foundation Area: 0.0
- Building Exterior Features: BuildingRoofDeck
- Building Laundry Features: SeeRemarks
- Building Pets Allowed: BuildingYes
- New Development: No
- Certificate Of Occupancy: No
- Common Interest: None
- New Construction: No
- Structure Type: MultiFamily, WalkUp
- Property Condition: Good
- Other Equipment: Intercom
- ElevatorsTotal: 0
- Size Dimensions: 20.00 x 45.00
- Number Of Units Total: 0
- Pets Allowed: UnitYes
- Delivered Vacant: Yes
- Attendance Type: None
Property History for 1242 Putnam Avenue
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1242 Putnam Avenue
Schools near 1242 Putnam Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
P.S. 299 Thomas Warren Field School PublicPK to 5 | ||
Jhs 291 Roland Hayes Public6 to 8 | ||
Bushwick Community High School Public9 to 12 | ||
P.S. 377 Alejandina B De Gautier PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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