Description

Introducing 472 Putnam Avenue, perfect for the consummate end-user or investor. Built in 1915 by famed architects, the Parfitt Brothers, this enormous four story legal 2 family is 20 ft wide by 47 ft deep and boasts approximately 3,760 square feet of living space. This home has been renovated with intentions to retain the original details behind all of the dropped ceilings and covered walls such as decorative fireplaces, ceiling moldings, crown moldings just to name a few. The spacious backyard offers endless outdoor entertaining while the basement can be transformed into your very own living space, personal gym/yoga space, wine cellar or just for additional storage for just you or for tenants. This home is a true treasure waiting for the right buyer to restore it to its former glory or just keep it as is and utilize it as a pure investment property. With a total of 7 beds and 4 full baths, this home can generate a very healthy rental income when it is fully tenanted or you can have it all to yourself! Situated on a serene and a lush tree lined block in Bed-Stuy, you are within a short walking distance to some of the best local restaurants, bars, cafes and lounges such as Bed Vyne and Brew, Brew, Warude, Eugene and CO. Brown Butter and so much more. Close to the A (express) and C (local) trains at Nostrand Ave. Will be delivered vacant easily. Ideal for 1031 exchange.
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$1,975,000 / $525 per ft²

Listed on Sep 28, 2020

33 Days on Market

7 Beds / 4.0 Baths / 3,760 ft²

Total Monthly expenses: $258

Maintenance: - / R.E. Taxes $258

Other Details:

Multi Family (4-6 Family)

Lot Size: 20.0' x 100.0' Built: 20.0' x 47.0'

Zoning: C2-3

Exclusively listed with: Compass Source: RLS

Erik
Gonsalves

erik.gonsalves@compass.com

(347) 260-7157

Joseph
Martinez

joseph.martinez@compass.com

(631) 804-3268

Listing Courtesy of Compass View Listing

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