$1,985,000
Updated 5 years ago
Sold

589 Putnam Ave

Bedford Stuyvesant, Brooklyn | Marcus Garvey Blvd & Lewis Ave

11.5 Rooms6 Beds4.5 Baths3,240 Square FeetMulti-Family

$1,985,000
floors / apts3 / 2
Lot Size18'x100'
Built Size18'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,490
Price Per SF
$613

This property was sold for $1,950,000 on 10/08/21.

Outdoor space and views

  • Garden

Building Amenities

  • Garden

Property Description for 589 Putnam Ave

Introducing 589 Putnam Avenue; This 4-story, 3-family brownstone is a perfect turn-key investment opportunity. with the opportunity to earn over $100,000 in rental income annually. Renovated and never been lived in, 589 Putnam Avenue provides the versatility for both end-users and investors alike. Featuring an owner's duplex with 3 bedrooms, 2.5 bathrooms, a zen garden & laundry to boot, the main residence provides the potential to live in one of the units while allowing two rentals to cover over half of your monthly payments. The garden residence is an over-sized, full-floor one bedroom with garden access and laundry in-unit. The top floor is a sun-splashed two bedroom with kitchenette, exposed brick and laundry in-unit. Each floor is detailed with 5'' walnut oak flooring, charming exposed brick detail, Quartz countertops and Frigidaire appliances. Each residence is equipped with their own HVAC and central air control. 589 Putnam Avenue makes for a savvy, turn-key investment opportunity on one of the prettiest tree-lined streets in vibrant Bedford-Stuyvesant. Conveniently located around a plethora of neighborhood amenities such as; Saraghina's, Beso, Peaches, Casablanca and several subway lines (C, A, J).. Here is your chance to own in one of the hottest areas in Northern Brooklyn.

Listing History for 589 Putnam Ave

Now
10/08/2021
$1,950,000
Sold and Closed by Daniel Kandinov
Corcoran
08/06/2021
Contract Signed by Daniel Kandinov
Corcoran

Building Details for 589 Putnam Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.43 miles

Citi Bike

Monroe St & Marcus Garvey Blvd
0.1 miles
Lewis Ave & Madison St
0.11 miles

Contact Agents

Contact Agents

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: 73070TH