776 Putnam Avenue

Bedford-Stuyvesant

$1,595,000
Price
7
Beds
4
Baths
1
1/2 Bath
4,500 Sq. Ft.
$354 / Sq. Ft.
4,500
Sq. Ft.
$354
per Sq. Ft.

Description

Rare Opportunity in Prime Bedford Stuyvesant! Over 5% cap for under $2M! Perfect For an end user or investor. Vacant 2 family house. This 25-foot wide property is a remarkable investment opportunity located in the prime area of Bedford Stuyvesant. It features two free-market rental units, each with 3 bedrooms and 2.5 / 2 bathrooms, both in excellent condition. The lower unit is a 3BR 2.5BA with a finished basement, a private backyard, a laundry room, a half bath, plenty of storage space, and a private...Rare Opportunity in Prime Bedford Stuyvesant! Over 5% cap for under $2M! Perfect For an end user or investor. Vacant 2 family house. This 25-foot wide property is a remarkable investment opportunity located in the prime area of Bedford Stuyvesant. It features two free-market rental units, each with 3 bedrooms and 2.5 / 2 bathrooms, both in excellent condition. The lower unit is a 3BR 2.5BA with a finished basement, a private backyard, a laundry room, a half bath, plenty of storage space, and a private driveway with a 2 car garage. The upper unit is also a 3BR 2,5BA. The house is well-maintained and comes with approximately 2,500 sq ft of additional air rights, presenting an excellent opportunity for both users and investors in one of Brooklyn's fastest-growing neighborhoods. You have the flexibility to create a massive 5000 sq ft single-family home, develop a boutique condominium or / and add two units for additional income, or mix personal use with rental units. Low tax and separate metered apartment adds to the low carrying costs. For more information, please email us. This is a fantastic opportunity you don't want to miss!

Property Details for 776 Putnam Avenue

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LISTING UPDATED: 10/31/2024 03:39 PM

Property Details for 776 Putnam Avenue

StatusActive
MLS IDRPLU-5123098729
Days on Market105
Taxes$841 / month
Maintenance-
Min. Down Pymt-
Total Rooms8.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built2004
Lot Size2,500 SF / 100' x 25'
CountyKings County

Building

776 Putnam Ave

2 Units2 StoriesBuilt in 2004

Building Information for 776 Putnam Avenue

Stories2Residences2Year Built2004Building Size25' x 50'Building Sq. Ft2,500 SFLot Size2,500 SF / 100' x 25'Building AgePost-warBuilding TypeTownhouse

Property Information for 776 Putnam Avenue

Summary
Location and General Information
  • Subdivision Name: Stuyvesant Heights
  • Stories Total: 2
  • Garage Spaces: 2.0
  • View: No
Taxes and HOA
  • Tax Lot: 0031
  • Tax Block: 01651
  • Flip Tax: $0
  • Building Tax Lot: 0031
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: true
Property
Lot Information
  • Living Area: 4500.0
  • Building Area Total: 4500.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x25.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: No
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 50.00x25.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 776 Putnam Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 776 Putnam Avenue

Taxable ValueLand$21,120Additions$64,980Total$86,100
Home Facts
Total Finished SqFt2,500 SqFtLot Size2,500 SqFtYear Built2004ZoningR6BAPN3016510031

Schools near 776 Putnam Avenue

This home is within Nyc Geog District #16 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Ms 267 Math Science And Technology
Public6 to 8

The Brooklyn Academy Of Global Finance
Public9 to 12

Jhs 57 Whitelaw Reid
Public6 to 8

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.

Similar Homes

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Similar Sold Homes

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776 Putnam Avenue is a townhouse for sale in Bedford-Stuyvesant. This property was listed for sale on August 5, 2024 by Douglas Elliman Real Estate, it's currently listed at $1,595,000. This listing's school district is Nyc Geog District #16 - Brooklyn. Nearby schools include P.S. 309 George E Wibecan Preparatory Academy, Ms 267 Math Science And Technology and The Brooklyn Academy Of Global Finance. 776 Putnam Avenue is a 7-bed, 4.5-bath, 4,500 sqft townhouse built in 2004.

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Listing Courtesy of Douglas Elliman Real Estate

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