Listing Courtesy of: Sahar Ziv - Douglas Elliman Real Estate 212-891-7000
$1,595,000 affordable loan icon Calculate Payment

776 Putnam Ave Brooklyn, NY 11221

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Townhouse Residence
7 Beds
5 Baths
4,500 Sq. Ft.

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Last updated on 11/5/2024 11:16 PM
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 wit...h 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! Continue reading
MLS#
RPLU-5123098729
Property Type
Townhouse
Bedrooms
7
Bathrooms
4 Full/1 Half
Year Built
2004
Square Feet
4,500 sq. ft

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Listing Courtesy of: Sahar Ziv - Douglas Elliman Real Estate 212-891-7000
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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This content last refreshed on 11/5/2024 11:16 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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