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… Read More 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. Read Less
Listing Courtesy of: Steve A Sallion, Sothebys International Realty, 212-606-7660.
Listing Snapshot
Days Online
12
Last Updated
Property Type
MultiFamily
Beds
7
Full Baths
5
Partial Baths
1
Lot Size
0.05 Acres
Year Built
1910
MLS Number
RLS20075930
30 Days Snapshot Of 11221
$1.67M
+12%
(avg) sold price
11
+57%
homes sold
Snapshot
Area Map
Additional Details
Building
Living Area Units: SquareFeet, Rooms Total: 13, Structure Type: MultiFamily, Townhouse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by The Anwar Team at Compass. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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