53 ft
Distance
Move-In Ready Investment Property, Three-Family Brownstone in the Heart of Bed-StuyPerfectly 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 unitideal 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 45% 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 Brooklyns most vibrant and beloved neighborhoods.Property will be delivered vacantOPEN HOUSE BY APPOINTMENT ONLY.
Source: Public Records
Source: Sperling's Best Places
99/100
Walk Score ®
100/100
Transit Score ®
82/100
Bike Score ®
34 nearby routes: 13 bus, 21 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 86/100, Transit Score: 91/100, Bike Score: 76/100.
Source: Realty.com
289 Putnam Avenue 1, New York City, NY 11216 is a Multi Family, Residential Income property listed for $2,399,000 The property is 2780 sq. ft with 4 bedrooms and 3 bathrooms
Realty.com has 16 photos of 289 Putnam Avenue 1.
Our records indicate that 289 Putnam Avenue 1 was built in 1910.
The full address for this home is 289 Putnam Avenue 1, New York City, NY 11216.
289 Putnam Avenue 1 has been listed on Realty.com since Sun November 02, 2025
Daily errands do not require a car. World-class public transportation. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 86/100, Transit Score: 91/100, Bike Score: 76/100.
Listing provided courtesy of:
Brennan Realty Services Llc
(tel: 917-568-6525)
Listing agent:
Anat Klein
(#127192)
This content last refreshed on 2025-11-09 11:39:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 289 Putnam Avenue 1, New York City, NY 11216 : MLS# RLS20058049