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1280 Putnam Avenue is a beautifully renovated (2021) two-family townhouse located on a quiet, tree-lined street in trendy Bushwick. From the moment you walk into this sun-drenched home with soaring ceilings, you immediately feel the warmth, openness, and charm of the space.
The upper duplex features two bedrooms plus an office and 2. 5 bathrooms. The parlor level feels especially impressive, with oversized windows bringing in abundant natural light throughout the day. Original details blend seamlessly with modern finishes and fixtures, creating a home that is both elegant and comfortable. Off the kitchen is a private terrace - perfect for relaxing, entertaining, or enjoying outdoor dining during the summer months. The backyard is thoughtfully divided into two sections. The rear portion has been raised and cemented for easy maintenance and is ideal for outdoor furniture, gatherings, or a lounge area.
Upstairs, you will find two bedrooms, an additional room, and two full bathrooms. The primary bedroom is filled with sunlight and features an en-suite bathroom with a stand-up shower. The second bedroom comfortably fits a queen-size bed and full bedroom set. The additional room features a skylight that brings in beautiful natural light throughout the day, making it perfect for a home office, nursery, or creative space.
The lower unit offers two bedrooms, one full bathroom, a spacious kitchen, and a large island - a rare feature for a rental unit. The apartment also includes access to the basement, providing excellent storage and additional functionality. This unit presents a great opportunity to generate strong rental income.
While the block itself is peaceful and residential, the neighborhood is surrounded by popular dining spots, cafes, and bars including Alex's Luncheonette, Fazio's, They Say, Double, and Bar Cornelia. Bushwick continues to grow as one of Brooklyn's most sought-after neighborhoods, making this an exceptional opportunity for both end users and investors alike.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$1,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $580 | $580 | $580 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,272 | $6,805 | $9,376 |
| Total Monthly Payment | $6,977 | $7,510 | $10,081 |
* 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.