583 Putnam Avenue, #4, Brooklyn, NY, 11221 | $1,150,000

Penthouse duplex Bed Stuy. With a tax abatement in place until 2033, ownership here is as practical as it is inspiring. Set behind a classic brownstone façade and gated front garden, this boutique condominium has been masterfully reimagined for contemporary living. Penthouse Suite 4 is a striking three-bedroom, two-bath duplex offering soaring ceilings, oversized windows, and exceptional natural light. Wide-plank floors and a gas fireplace add warmth and texture, while the bold, modern kitchen features quartz countertops, new stainless steel appliances, a gas range, and dishwasher, perfect for effortless entertaining. A built-in Herido home audio system and virtual doorman provide seamless 21st-century convenience. On the first level, two rear-facing bedrooms open to a spacious balcony and the first of multiple private outdoor spaces. The main bath exudes luxury with rich brown and gold quartz tile, dual rainfall shower heads, and backlit anti-fog mirrors. Thoughtfully designed for comfort and functionality, the home also features central heating and air conditioning, in-unit laundry hookups within a dedicated laundry closet, and a clean, open layout throughout. The top-level bedroom (or ideal home office) features an ensuite bath and exclusive access to a private terrace, with additional access to the common rooftop deck just beyond. Set back from the street, these upper outdoor spaces create a serene, sun-filled urban retreat. Surrounded by local favorites such as Peaches, Chez Oskar, Coyote, and Macosa, and just moments from the greenery and cultural energy of Herbert Von King Park, this exceptional penthouse seamlessly combines townhouse charm with boutique luxury living in the heart of Bedford-Stuyvesant. The complete offering terms are in an Offering Plan available from the Sponsor. File NO. CD23-0062. Sponsor: PH Holdings, LLC. 280 South Beverly Drive, Ste 409, Beverly Hills, CA 90212. Equal Housing Opportunity.

Features

  • Parking: On Street
  • Heating: Electric, Natural Gas, Forced Air
  • Cooling: Ductless
  • Levels: 4
  • Amenities: Park
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: The 583 Putnam Ave Condo
  • Year Built: 1901
  • Common Charge: $652 Monthly
  • Approx Sq. Feet: 1,106
  • Est. Taxes: $648
  • Lot Desc: Near Public Transit, Near School, Near Shops
  • Elem. School: Ps 308 Clara Cardwell
  • High School: Boys And Girls High School
  • School District: Community District 16
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Freezer, Microwave, Gas Water Heater
  • MLS#: 3584871
  • Days on Market: 424 days
  • Website: https://www.raveis.com
    /prop/3584871/583putnamavenue_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Realty Empire   Phone: 718-954-8400

William Raveis Family of Services

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888.699.8876

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Our family of companies offer our clients a new level of full-service real estate. We shall:

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

583 Putnam Avenue, #4, Brooklyn, NY, 11221

$1,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.973% 5.996% 5.806%
Monthly Tax Payment $54 $54 $54
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,939 $5,442 $7,578
Total Monthly Payment $5,118 $5,621 $7,757

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.