Updated 5 years ago
Off Market
571 Putnam Ave
Bedford Stuyvesant, Brooklyn | Marcus Garvey Blvd & Lewis Ave
12 Rooms9 Beds6 Baths3,120 Square FeetMulti-Family
$1,650,000
floors / apts3 / 3
Lot Size25'x100'
Built Size20'x52'
ZoneR6B
Building TypeHouse
RE Taxes$10,387
Price Per SF
$529
Property Description for 571 Putnam Ave
Welcome to 571 Putnam Avenue – a three-story, three-family home nestled on the corner of a classic treelined street in Stuyvesant-Heights. Built in 2005, and completely gut renovated in 2019, this building features three 3-Bedroom/2 Bathroom apartments; each offering spacious layouts, incredible light, beautifully finished kitchens/bathrooms and three on-site parking spots.
The building itself is a large 20Â’ x 52Â’ ft. and stands on an ideal 25Â’ x 100Â’ ft. corner lot with 1,875 square feet of additional buildable space. There is also a full basement (8' 4" ceiling height) where the simple addition of bike storage, laundry and/or storage cages could easily increase the buildingÂ’s NOI.
With convenient access to the A/C trains at Kingston-Throop Avenues, plus an array of incredible bars, restaurants, and more throughout the neighborhood (Odd Fox, Peaches Hothouse, Brooklyn Beso, and LÂ’Antagoniste just to name a few), 571 Putnam is an incredible investment opportunity for those looking to add to, or start, their Brooklyn portfolio.
*Building Setup Available Upon Request.*
Building Details for 571 Putnam Ave
OwnershipMulti-Family
Building TypeHouse
AgePost-War
AccessWalk-up
Year Built2005
Floors/Apts3/3
Transit and Citi Bike
Subway
Kingston-Throop Avs
0.41 miles
Citi Bike
Monroe St & Marcus Garvey Blvd
0.09 miles
Lewis Ave & Madison St
0.15 miles
Bedford Stuyvesant | Brooklyn
Quick Profile
Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood.
Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue.
At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces.
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: 80079TH
Find home. Discover happiness.