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$1,695,000

Beds
7
Baths
5.0
sq ft
4,500

776 Putnam Ave, Brooklyn, NY 11221

776 Putnam Ave

New York City, NY 11221

  • 45 days on market
<span><p><span>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.</span></p><p><span>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.</span></p><br><p><span>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. </span></p><br><p><span>For more information, please email us. This is a fantastic opportunity you don't want to miss!</span></p><div><span><br></span></div><br><div> </div></span>

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$377

Year built

2004

Annual property taxes

$10,092

Price History

08/05/2024
REBNY

REBNY #RPLU-5123098729

Listed
$1,695,000

Schools & Community

Neighborhood: 

Bedford Stuyvesant

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 09/19/2024 at 5:55 PM

Listing updated: 08/05/2024 at 11:36 AM

Listed by: Sahar Ziv, Douglas Elliman Real Estate Phone #: (212) 891-7000

MLS: REBNY #RPLU-5123098729

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