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Listing Courtesy of Serhant
$2,300,000
Est. payment /mo
5 Beds
4 Baths
3,615 SqFt
Active
425 PUTNAM Avenue Brooklyn, NY 11221
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,615 sqft
Price per Sqft $636
Subdivision Bedford-Stuyvesant
MLS Listing ID RLS20091864
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1899
Annual Tax Amount $4,872
Property Sub-Type Multi Family
Property Description
Welcome to 425 Putnam Avenue, a 19-foot-wide legal two-family brownstone set on one of Bedford-Stuyvesant's most beautiful tree-lined blocks. Spanning approximately 3,615 square feet across four levels - plus a 745 square foot cellar with 7 foot ceilings - this is the kind of property that draws buyers who understand what original Brooklyn architecture actually means, and what it costs to find it intact.From the moment you arrive, the home announces its pedigree. The original entry door, beautifully preserved, opens into a grand interior staircase that anchors the home and speaks to the craftsmanship of its era. Throughout the property, exposed brick fireplaces appear in multiple rooms - not as decorative afterthoughts, but as original architectural features that give each space a warmth and character that simply cannot be replicated. The scale of the rooms, the ceiling heights, and the quality of the original details place this firmly among the most authentic brownstones available in the neighborhood today.Light is a genuine asset here. The home receives exceptional natural light throughout the day, further enhanced by skylights that draw the sun deep into the interior. Paired with the open southern exposure typical of Putnam Avenue's north-facing blocks, the result is a home that feels airy and alive at every hour.The well-appointed kitchen is move-in ready, and the private backyard - generous in scale and fully enclosed - offers the kind of outdoor living space that Brooklyn buyers consistently prioritize and pay a premium for. Below grade, the full cellar level with cement floors provides substantial additional square footage for storage, mechanicals, or future buildout.The two-family configuration offers immediate flexibility: live in one unit and lease the other, or hold the property as a fully income-producing asset in one of Brooklyn's strongest rental markets. Either way, the carrying costs are manageable and the demand is consistent. Currently utilized as a single family home with multiple kitchens, the property will be delivered vacant.For buyers with an eye on long-term value, the air rights tell a compelling story. With a current FAR of 2.32 against a residential maximum of 3.0, there are approximately 1,059 square feet of unused, buildable area - a meaningful development opportunity, subject to DOB approval, that adds a dimension of upside that most comparable properties on this block simply cannot offer.The property also offers approximately 1590 square feet of outdoor space, including the existing roof.Conveniently located near the A and C trains at Nostrand Avenue, and surrounded by the restaurants, cafés, and cultural institutions that have made Bed-Stuy one of Brooklyn's most sought-after addresses, 425 Putnam Avenue represents a rare convergence of original character, functional income potential, and genuine future upside.Legal 2-family 19' wide 3,615 sq ft Full cellar Private backyard Skylights Exposed brick fireplaces Original staircase & entry door 1,059 sq ft remaining buildable R6B zoning
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features High Ceilings, Smoke Free
Cooling Other
Fireplaces Number 1
Fireplaces Type Decorative
Fireplace Yes
Laundry Washer Hookup, In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
Pool Building None
View Y/N No
View Other
Porch None
Private Pool Yes
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 01825-0076
Ownership None
Monthly Total Fees $406
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by New York (LondonFosterNY.com)
Nearby Locations
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