289 Putnam Avenue #1 new Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11216
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bed Stuy
MLS Listing ID RLS20058049
Style Prewar
Bedrooms 4
Year Built 1910
Property Sub-Type Multi Family
Property Description
Move-In Ready Investment Property, Three-Family Brownstone in the Heart of Bed-Stuy
Perfectly positioned on a picturesque tree-lined block between Nostrand and Bedford Avenue, this move-in ready three-family brownstone embodies the timeless charm and modern functionality that define Brooklyn living.
Set on a 20' x 100' lot with approximately 2,800 square feet of living space, the home offers a thoughtfully designed layout across three levels, including a finished basement with abundant storage and separate gas and electric meters for each unit—ideal for owners or investors seeking income-producing flexibility.
The property was gut renovated in 2016 with additional updates in 2022, combining historic character with modern comfort. A gas heating system, hardwood floors, high ceilings, and oversized windows fill the interiors with warmth and light.
The garden level features a spacious one-bedroom, one-bath residence with an open kitchen complete with a large island, granite countertops, and stainless-steel appliances including a dishwasher. A mudroom opens to a serene 20' x 49' backyard, perfect for outdoor entertaining or quiet relaxation.
The parlor floor showcases elegant original details and a sun-drenched living area, alongside an open kitchen and a windowed bath finished with subway tiles. Upstairs, the second-floor apartment offers a generous living space with an open kitchen, king-sized bedroom, and a flex room ideal for a home office or nursery.
Perfect for investors or end-users alike, the property can also be easily converted to a two-family with an income-producing unit, offering versatility and a potential gross annual return of approximately 4–5% at the asking price of $2.4 million.
Located minutes from the A/C trains at Nostrand Avenue and the G train at Bedford/Nostrand, residents enjoy easy access to local cafes, restaurants, and boutiques that make Bed-Stuy one of Brooklyn's most vibrant and beloved neighborhoods.
Property will be delivered vacant
OPEN HOUSE BY APPOINTMENT ONLY.
Location
State NY
County Kings
Building Detail https://www.anthonytcrews.com/nyc/buildings/289-putnam-ave
Interior
Heating Natural Gas
Cooling ENERGY STAR Qualified Equipment
Flooring Hardwood
Laundry Building In Basement,In Basement
Exterior
Exterior Feature Building Garden
Parking Features On Street
Building
Lot Description Back Yard,Near Public Transit
Dwelling Type House
Story 2
New Construction No
Others
Special Listing Condition Standard
Pets Allowed Building Number Limit,Building Size Limit,Number Limit,Size Limit