$ 1,595,000
776 PUTNAM Avenue Brooklyn, NY 11221
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing Courtesy of Douglas Elliman Real Estate
$ 1,595,000
Est. payment /mo
Active
776 PUTNAM Avenue Brooklyn, NY 11221
7 Beds
5 Baths
4,500 SqFt
UPDATED:
10/31/2024 11:49 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $354
Subdivision Stuyvesant Heights
MLS Listing ID RPLU-5123098729
Bedrooms 7
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2004
Annual Tax Amount $10,092
Property 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 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!
Location
State NY
County Kings
Rooms
Basement Other
Interior
Cooling Other
Fireplace No
Laundry In Unit
Exterior
Garage Assigned, Garage
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
View Other
Porch None
Parking Type Assigned, Garage
Private Pool No
Building
Dwelling Type Townhouse
Story 2
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $841
Special Listing Condition Standard
Pets Description Building Yes, No
RLS Data display by Renee Lee