$1,400,000
Updated 6 years ago
Off Market

1240 Putnam Ave

Bushwick, Brooklyn | Evergreen Ave & Central Ave

12.5 Rooms6 Beds3.5 Baths2,700 Square FeetMulti-Family

$1,400,000
floors / apts2 / 3
Lot Size20'x100'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$3,943
Price Per SF
$519

Outdoor space and views

  • Backyard

Property Description for 1240 Putnam Ave

Motivated seller, please present all offers for this 3 family BRICK 20x45 townhouse that has a vacant duplex for a homeowner plus 2 rental units. You can move in and have the tenants pay most of your mortgage on day one. This house has been renovated with new kitchens, stainless-steel appliances and split units. The owner's unit consists of a 2-bedroom duplex, work space, 1& 1/2 baths with interior stairs from the unit that lead to a full finished 7-foot-high basement with a separate laundry area, as well as a big backyard. The other 2 rental units are a 2-bedroom 1 bath and a deck paying $2250 a month & a 3-bedroom 1 bath paying $2500 a month. All utilities are separate, and tenants pay their own heat and electric. 1240 Putnam Ave is a 5-minute walk from the J train (Gates Ave station) and surrounded by all restaurants, bars & art spaces that Bushwick has to offer.

Building Details for 1240 Putnam Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/3
Learn More About the Building

Transit and Citi Bike

Subway

Halsey St
0.37 miles
Gates Av
0.39 miles

Citi Bike

Madison St & Evergreen Ave
0.09 miles
Central Ave & Woodbine St
0.1 miles

Contact Agents

Contact Agents

Michael Feldman
Bedford Brownstone Realty
Saul Schneur Pil
Bedford Brownstone Realty

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: 80129TH