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$1,595,000

Beds
7
Baths
5.0
sq ft
4,500

776 Putnam Ave, Brooklyn, NY 11221

776 Putnam Ave

New York City, NY 11221

  • 106 days on market
    • Price drop $100,000↓
<p>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!</p>

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$355

Year built

2004

Annual property taxes

$10,092

Price History

10/11/2024
REBNY

REBNY #RPLU-5123098729

Price change
$1,595,000
-5.9%
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: 11/19/2024 at 8:35 AM

Listing updated: 10/31/2024 at 3:52 PM

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

MLS: REBNY #RPLU-5123098729

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