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776 PUTNAM Avenue
776 PUTNAM Avenue
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776 PUTNAM Avenue
776 PUTNAM Avenue
Courtesy of Douglas Elliman Real Estate
Sold

776 PUTNAM Avenue

776 PUTNAM Avenue, Brooklyn, NY 11221

$1,515,000

Rare Opportunity in Prime Bedford Stuyvesant! Over 5% cap for under $2M!! Perfect For an end user or investor. Vacant 2 family house. This 25-foot wide property is a remarkable investment opportunity located in the prime area of Bedford Stuyvesant. It features two free-market rental units, each with 3 bedrooms and 2.5 / 2 bathrooms, both in excellent condition. The lower unit is a 3BR 2.5BA with a finished basement, a private backyard, a laundry room, a half bath, plenty of storage space, and a private driveway with a 2 car garage. The upper unit is also a 3BR 2,5BA. The house is well-maintained and comes with approximately 2,500 sq ft of additional air rights, presenting an excellent opportunity for both users and investors in one of Brooklyn's fastest-growing neighborhoods. You have the flexibility to create a massive 5000 sq ft single-family home, develop a boutique condominium or / and add two units for additional income, or mix personal use with rental units. Low tax and separate metered apartment adds to the low carrying costs. For more information, please email us. This is a fantastic opportunity you don't want to miss!

7
beds

5
baths

4,500 Sq.Ft. LIVING AREA

2,500 Sq.Ft. lot

Sahar Ziv

Sahar Ziv

Noam Gottlieb

Noam Gottlieb

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms5
  • full bathrooms4
  • half bathroom1
  • Laundry room In Unit
  • other interior Features Smoke Free

Area & Lot

  • Status Sold
  • Date Sold January 8, 2025
  • Living Area4,500 Sq.Ft.
  • Total Area4,500 Sq.Ft.
  • Lot Area2,500 Sq.Ft.
  • MLS® IDRLS10997762
  • TypeTownhouse
  • YEAR BUILT2004
  • NeighborhoodBrooklyn
  • View DescriptionOther

Exterior

  • STORIES2
  • Garage Space2.0
  • parkingAssigned, Garage
  • AIR CONDITIONINGOther

Financial

  • Sales Price$1,515,000
  • Real Estate Tax $10,092/yr

Brooklyn

The heart of New York City and the most populous borough of Kings County.

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