776 Putnam Avenue
Stuyvesant Heights, NYC
$1,595,000 Price
7 Bedrooms   4.5 Baths

776 Putnam Avenue, Stuyvesant Heights, NYC

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,...

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!

Courtesy of Douglas Elliman Real Estate

Floorplan for 776 Putnam Avenue

Floorplan for 776 Putnam Avenue

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Stuyvesant Heights, NYC
Type: Townhouse
Price: $1,595,000
Re Tax: $10,092
Web ID: 1079142614

Info & Amenities

Type: Townhouse
Rooms: 10.0
Bedrooms: 7
Full Bathrooms: 4
Half Bathrooms: 1.0
Built: 2004
Pets allowed: Yes

Map of Area for 776 PUTNAM Avenue