425 PUTNAM Avenue, Brooklyn, NY 11221
425 PUTNAM Avenue, Brooklyn, NY 11221
425 PUTNAM Avenue, Brooklyn, NY 11221
425 PUTNAM Avenue, Brooklyn, NY 11221
425 PUTNAM Avenue, Brooklyn, NY 11221
425 PUTNAM Avenue, Brooklyn, NY 11221
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Listing Courtesy of Serhant
$ 3,500,000
Est. payment | /mo

5 Beds

4 Baths

3,615 SqFt


Save
$ 3,500,000
Est. payment | /mo
Save

5 Beds

4 Baths

3,615 SqFt

Open House

Wed May 20, 6:00pm - 7:30pm

Sun May 24, 1:00pm - 2:30pm

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 $968

Subdivision Bedford-Stuyvesant

MLS Listing ID RLS20091864

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1899

Annual Tax Amount $58,548

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 In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 1

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 01825-0076

Ownership None

Monthly Total Fees $4, 879

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY IDX

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425 PUTNAM Avenue

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