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589 Putnam Avenue

Listing no longer available on CityRealty as of Aug 26, 2019
It previously was on the market for a total of 466 days.
466 days on Market

Pricing History

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Key Details

  • Listed: May 17, 2018
    Last Price Change: -4.3% ($80,000) on Jun 6
    Days on Market: 466
    Building Type: Townhouse
    Neighborhood: Bedford-Stuyvesant (Brooklyn)
    Listing viewed 164 times
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $9,907
Note: the above is based on a down payment of 20% ($357,000), which is the minimum amount permitted by the building.

Description

Back On Market, 5% CAP! Introducing 589 Putnam Avenue; This 4-story, 3-family brownstone is a perfect turn-key investment opportunity. with the opportunity to earn over $100,000 in rental income annually. Renovated and never been lived in, 589 Putnam Avenue provides the versatility for both end-users and investors alike.

Featuring an owner's duplex with 3 bedrooms, 2.5 bathrooms, a zen garden & laundry to boot, the main residence provides the potential to live in one of the units while allowing two rentals to cover over half of your monthly payments. The garden residence is an over-sized, full-floor one bedroom with garden access and laundry in-unit. The top floor is a sun-splashed two bedroom with kitchenette, exposed brick and laundry in-unit.

Each floor is detailed with 5'' walnut oak flooring, charming exposed brick detail, Quartz countertops and Frigidaire appliances. Each residence is equipped with their own HVAC and central air control. 589 Putnam Avenue makes for a savvy, turn-key investment opportunity on one of the prettiest tree-lined streets in vibrant Bedford-Stuyvesant.

Conveniently located around a plethora of neighborhood amenities such as; Saraghina's, Beso, Peaches, Casablanca and several subway lines (C, A, J).. Here is your chance to own in one of the hottest areas in Northern Brooklyn.

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Building Amenities

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