Key Facts
- MLS® #: 41036535
- Property ID: SIRC3198157
- Original Price: USD 2,750,000
- Property Type: Residential, Townhouse
- Year Built: 1910
- Bedrooms: 7
- Bathrooms: 5+1
- Listed By:
- Steve Sallion
Property Description
Located on a picturesque tree-lined block in the heart of Bedford-Stuyvesant’s historic Stuyvesant Heights, 718 Putnam Avenue presents an exceptional opportunity for both owner-occupants and investors seeking strong income with long-term upside. Configured as a four-family Brooklyn townhouse, the property currently generates approximately $189,720 in annual rental income, offering a compelling combination of reliable cash flow and future flexibility. The home features four well-proportioned residential units, each benefiting from excellent natural light and practical layouts that reflect the classic charm and proportions of Brooklyn townhouse living. For buyers seeking a primary residence, the garden triplex may be delivered vacant, providing a spacious three-bedroom owner’s residence with high basement ceilings and access to private outdoor space. This configuration allows the owner to enjoy a generous private home while the three upper apartments continue to generate strong rental income. The layout also works well for multi-generational living, allowing extended family to occupy the lower triplex while maintaining privacy and income potential from the upper units. Property Highlights - Four residential units - Approx. $189,720 annual rental income - Opportunity to live in the owner’s garden triplex - Strong rental demand in Bed-Stuy / Stuyvesant Heights - Classic Brooklyn townhouse proportions - Ideal for owner-occupants, investors, or multi-generational living Located moments from neighborhood cafés, restaurants, parks, and convenient transportation, 718 Putnam Avenue sits in one of Brooklyn’s most vibrant and steadily appreciating neighborhoods. A detailed investor financial analysis and full rent roll are available upon request.
Amenities
- Hardwood Floors
- Historic
- Open Porch
- Patio
- Wraparound Deck
Listing Agents
- Steve Sallion
C. 9174824863
O. 9174824863
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Location
718 Putnam Avenue Entire Building, Brooklyn, New York, 11221 United States
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Request NowMarketed By
Sotheby's International Realty - Downtown Manhattan Brokerage
220 5th Avenue, 3rd Floor
New York, New York, 10001
United States
2124312440
