4 months on rocket

776 Putnam Ave, New York City, NY, 11221

$1,595,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths, 1 Partial
4,500 SqFt
$354/SqFt
Townhouse

Location

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776 Putnam Ave, New York$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingAssigned, Garage
Garage2 spaces
Year Built2004
CoolingOther
ViewOther
MLS #RPLU-5123098729
StatusActive

About 776 Putnam Ave

<p>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 with 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!</p>

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Sahar Ziv
  • Agent Phone: (646) 467-4694

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Garage

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $354/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

776 Putnam Ave vs New York

135 DAYS ON ROCKET

+50 Days

$1,595,000

+$744.8K More

$354/SqFt

-$314 Less

KEY TAKEAWAY

This property is $744.8K more than the Median Sold Price and $314/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5123098729

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Sahar Ziv
  • Agent Phone: (646) 467-4694

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-10637
5
/10

  • La Cima Charter School

  • 800 Gates Ave

  • 0.17 miles

  • Public Charter Grades KG-5

school-card-donut-10638
3
/10

  • P.S. 308 Clara Cardwell School

  • 616 Quincy St

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-10639
3
/10

  • P.S. 309 George E. Wibecan School

  • 794 Monroe St

  • 0.36 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,417. Most New York, NY residents have annual incomes between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 776 Putnam Ave

What is the listing price of this property?

The listing price of 776 Putnam Ave property is $1,595,000.

What type of property is this?

The property 776 Putnam Ave is a townhouse located in New York City, New York, 11221.

Is this property for sale now?

Active Listing: 776 Putnam Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 776 Putnam Ave has 7 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 776 Putnam Ave is 4,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 776 Putnam Ave is 2004.

Rocket Homes›New York›Kings County›New York›11221›776 Putnam Ave

This home is located at 776 Putnam Ave in New York City, NY and zip code 11221 in the Stuyvesant Heights neighborhood. This 4,500 square foot home was built in 2004. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $1,595,000.

New York, NY housing market in November 2024 saw over 220 listings sold above listed price, more than 769 sold at listed price and over 758 sold below. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. In November 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $850,115.

From Rocket Homes Real Estate and based on county public records data.

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