$1,500,000
Updated 8 years ago
Off Market

1489 Putnam Ave

Bushwick, Brooklyn | Irving Ave & Ridgewood Place

9 Rooms5 Beds2 Baths3,300 Square FeetMulti-Family

$1,500,000
floors / apts2 / 2
Lot Size20'x100'
Built Size20'x55'
ZoneR6
Building TypeTownhouse
RE Taxes$3,788
Price Per SF
$455

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Property Description for 1489 Putnam Ave

Style and convenience! A rarely available 20ft wide pre-war brick 2 family townhouse has been gut renovated and awaits its new owner. Located just 2 blocks from the Myrtle-Wyckoff stop on a picturesque tree-lined street, 1489 Putnam is perfect as an investment property, or live in one part of the house while collecting income to subsidize your costs. The building measures 20'x50' sitting on a 20'x100' lot, with a total of 3,300 interior square feet plus 780sqft of backyard space. Each floor of the house was redone while maintaining quintessential prewar details like pocket doors, tin ceilings, crown moldings, and solid wood banisters. High 9.5' ceilings on each floor gives the whole house an airy feel. The house boasts new appliances throughout, a new boiler, a new water heater, as well as upgraded electrical and plumbing. The ground floor level can be customized to become a whole new addition to the unit on the parlour level or kept as a common storage/rec room area for the building. The first unit is on the parlour level and can be used as a 2 bedroom plus home office or convertible 3 bedroom space. The master bedroom boasts large bay windows, detailed tin ceiling, and pocket doors separating it from the home office/second bedroom. The open concept living room and kitchen located in the back have 4 large bay windows, allowing for ample natural light. The kitchen is a chef's dream with extra large island, granite countertops and stainless steel appliances. Through this room, you have access to a wood deck, perfect for a table and grill, that leads downstairs into the backyard. The second unit is on the top floor with identical floorplan and finishes, except there is an extra bedroom above the stairwell. 1489 Putnam Avenue is conveniently located 2 blocks from the L/M at the Myrtle-Wyckoff station, and retail shops all along Myrtle, including The Food Bazaar (large supermarket), Starbucks, CVS, and Duane Reade. Minutes to the trendy restaurant/bar scene near the Jefferson and Dekalb stops, 15 minutes to Williamsburg and 30 minutes to Union Square. Additional buildable of 1500sqft and a cap rate of 5%.

Building Details for 1489 Putnam Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Wyckoff Avs
0.2 miles
Halsey St
0.33 miles
Seneca Av
0.41 miles

Citi Bike

Putnam Ave & Wyckoff Ave
0.09 miles
Putnam Ave & Knickerbocker Ave
0.14 miles

Contact Agents

Contact Agents

Jennifer Lee
Corcoran

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: 71601TH