Brooklyn, NY 11221,1242 Putnam Avenue
Brooklyn, NY 11221,1242 Putnam Avenue
Brooklyn, NY 11221,1242 Putnam Avenue
Brooklyn, NY 11221,1242 Putnam Avenue
Brooklyn, NY 11221,1242 Putnam Avenue
Brooklyn, NY 11221,1242 Putnam Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
23
Dec
Tue
24
Dec
Wed
25
Dec
Listing Courtesy of Nest Seekers LLC
$ 2,250,000
Est. payment | /mo

6 Beds

7 Baths

3,600 SqFt


$ 2,250,000
Est. payment | /mo

6 Beds

7 Baths

3,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $625

Subdivision Bushwick

MLS Listing ID OLRS-0089915

Style Prewar,Walk-Up

Bedrooms 6

HOA Y/N No

Year Built 1910

Annual Tax Amount $3,014

Property Description

Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key]
* Located in an opportunity zone.
* Live in the spacious owner's duplex w/backyard and rent the other two units for income.
* Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates.
Building size: 20x45 [3,600sqft]
Lot size: 20x100
Bedrooms: 6
Bathrooms: 6.5
Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters
Notes:
* Central HVAC with Nest WiFi thermostats
* Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by GE
* Whirlpool full sized washer / dryer [gas] in each unit [vented out]
* Video intercom
* Plumbing fixtures by Kohler & Delta
* Bluetooth bathroom speakers
* High ceilings on all floors
* 8ft hardwood interior doors & moldings
* Excellent closet space in each unit
* Hardwood natural oak floors
* LED lighting throughout
* HD security cameras
* Wired for TV and internet in each room
* Oversized private outdoor spaces for each unit
* Sound proofing between floors
* New roof, windows, insulation, plumbing, electrical, etc.
Projected rental income:
Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500]
Unit 2 = 2Bed 2Bath with private terrace [$4,500]
Unit 3 = 2Bed 2Bath with private roof [$5,000]
TOTAL = $15,000/month = $180,000/year
Approximate yearly expenses:
Taxes: $3,014
Insurance: $3,600
Water & Sewer: $1,950
Garbage maintenance & cleaning: $1,800
Electrical: $480
Gas: $0
Repairs: $1,500
TOTAL = $12,344
Close to M, L subway lines at Myrtle-Wyckoff and J,Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant.

Location

State NY

County Kings

Zoning R6

Interior

Equipment Intercom

Fireplace No

Laundry See Remarks

Exterior

Exterior Feature Building Roof Deck

Private Pool No

Building

Dwelling Type Multi Family

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $251

Pets Allowed Building Yes, Yes

REBNY IDX

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
$ /year
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Full Name
Phone

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

1242 Putnam Avenue