NY > Brooklyn > Bed Stuy > 289 Putnam Avenue
Brooklyn, NY 11216,289 Putnam Avenue #1
Brooklyn, NY 11216,289 Putnam Avenue #1
Brooklyn, NY 11216,289 Putnam Avenue #1
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$2,399,000
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4 Beds
3 Baths
Active

289 Putnam Avenue #1 Brooklyn, NY 11216

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bed Stuy

MLS Listing ID RLS20058049

Style Prewar

Bedrooms 4

HOA Y/N Yes

Year Built 1910

Property Sub-Type Multi Family

Property Description

Move-In Ready Investment Property, Three-Family Brownstone in the Heart of Bed-Stuy
Perfectly positioned on a picturesque tree-lined block between Nostrand and Bedford Avenue, this move-in ready three-family brownstone embodies the timeless charm and modern functionality that define Brooklyn living.
Set on a 20' x 100' lot with approximately 2,800 square feet of living space, the home offers a thoughtfully designed layout across three levels, including a finished basement with abundant storage and separate gas and electric meters for each unit—ideal for owners or investors seeking income-producing flexibility.
The property was gut renovated in 2016 with additional updates in 2022, combining historic character with modern comfort. A gas heating system, hardwood floors, high ceilings, and oversized windows fill the interiors with warmth and light.
The garden level features a spacious one-bedroom, one-bath residence with an open kitchen complete with a large island, granite countertops, and stainless-steel appliances including a dishwasher. A mudroom opens to a serene 20' x 49' backyard, perfect for outdoor entertaining or quiet relaxation.
The parlor floor showcases elegant original details and a sun-drenched living area, alongside an open kitchen and a windowed bath finished with subway tiles. Upstairs, the second-floor apartment offers a generous living space with an open kitchen, king-sized bedroom, and a flex room ideal for a home office or nursery.
Perfect for investors or end-users alike, the property can also be easily converted to a two-family with an income-producing unit, offering versatility and a potential gross annual return of approximately 4–5% at the asking price of $2.4 million.
Located minutes from the A/C trains at Nostrand Avenue and the G train at Bedford/Nostrand, residents enjoy easy access to local cafes, restaurants, and boutiques that make Bed-Stuy one of Brooklyn's most vibrant and beloved neighborhoods.
Property will be delivered vacant
OPEN HOUSE BY APPOINTMENT ONLY.

Location

State NY

County Kings

Building 289 Putnam Avenue

Interior

Interior Features Storage

Heating Natural Gas

Cooling ENERGY STAR Qualified Equipment

Flooring Hardwood

Furnishings Unfurnished

Fireplace No

Laundry Building In Basement, In Basement

Exterior

Exterior Feature Building Garden

Parking Features On Street

Present Use Investment

Private Pool No

Building

Lot Description Back Yard, Near Public Transit

Dwelling Type House

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 01822-0060

Ownership None

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System

Special Listing Condition Standard

Pets Allowed Building Number Limit, Building Size Limit, Number Limit, Size Limit

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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289 Putnam Avenue #1

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