$2,225,000
Updated 11 years ago
Off Market

1366 Putnam Ave

Bushwick, Brooklyn | Wilson Ave & Knickerbocker Ave

5,250 Square FeetIncome Property

$2,225,000
floors / apts3 / 6
Lot Size25'x100'
Built Size25'x70'
ZoneR6
Building TypeTownhouse
RE Taxes$7,200
Price Per SF
$424

Listing Features

  • Central AC

Outdoor space and views

  • Backyard
  • Garden Views
  • Townhouse Views

Property Description for 1366 Putnam Ave

1366 Putnam Avenue is a three-story building currently comprised of six apartments situated in Bushwick, Brooklyn. Four of the apartments free-market with leases expiring in May/June of 2016. All four are completely renovated with updated kitchens, bathrooms and hardwood floors. Two of the apartments are rented on a month-to-month basis. The building's mechanicals, roof and hallways have been upgraded and renovated. The building currently is built out to 5,250 with a max buildable of 6,075. The property size is 25 x 100 square feet.

The building is conveniently located near the Halsey L train & Myrtle-Wyckoff Avenues M train stations. Also a few blocks away from Irving Square Park and Bushwick Playground. This is a great opportunity to purchase an income producing property in Bushwick, an increasingly desirable neighborhood that is being transformed by incredible new restaurants, bars, coffee shops, artist studios and more.

Building Details for 1366 Putnam Ave

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.36 miles
Halsey St
0.44 miles
Knickerbocker Av
0.49 miles

Citi Bike

Putnam Ave & Knickerbocker Ave
0.09 miles
Knickerbocker Ave & Hancock St
0.14 miles

Contact Agent

Contact Agent

Bradley Mohr
Nest Seekers International

Bushwick | Brooklyn

Quick Profile

As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century. 

With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue. 

Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs. 

But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 61481TH