289 Putnam Ave Unit 1

New York, NY 11216
  • $2,399,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 2,780

    SqFt

About the Listing 7726 - 127192

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.

Listing Highlights

Status Active
Days on Site 41
Property Type Residential
MLS ® RLS20058049
Year Built 1910
Total Square Footage 2,780
Lot/Acreage 20*100
County Kings
Neighborhood Bed Stuy

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: ENERGY STAR Qualified Equipment
  • Heating: Natural Gas
  • Fireplaces:
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Storage,Building Number Limit,Building Size Limit,Number Limit,Size Limit,Pets Allowed
  • Water:

Exterior Details

  • Lot Description: Back Yard,Near Public Transit
  • Garage Capacity: N/A
  • Lot Dimensions: 20*100
  • Roof:
  • Others: Building Garden
  • Sewer:
  • Parking Features: On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01822-0060
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

289 Putnam Ave Unit 1 New York, NY 11216

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: RLS

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way