Listing courtesy of Sotheby's International Realty, Inc.
718 Putnam Avenue, Brooklyn, (Stuyvesant Heights), NY, 11221
13 rooms
1910
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 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.
Status:
Active
Town:
Brooklyn
Type:
Commercial
Laundry Remarks:
InUnit,OnCommonFloor
Zoning:
R6B
Building Type:
Townhouse
Cooling:
Unknown Type
Levels:
3
Amenities:
Garden; Laundry Room;
Service Level:
Voice Intercom
Built Size:
20'x42'
OLR #:
RLS20075930
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