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Off market
  • $1,498,800

    1240 Putnam Ave, Brooklyn, NY 11221

    7beds
    2,700sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,498,800 Zestimate®
    $555/sqft
    $3,988 Estimated rent

    Home value

    $1,498,800

    $1.30M - $1.71M

    $3,988/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,988/mo

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    $3,988/mo

    Rent Zestimate®

    Refinance and save

    $8,860/mo

    Est. payment

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    $8,860/mo

    Est. payment

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    What's special

    Motivated seller, please present all offers for this 3 family BRICK 20x45 townhouse that has a vacant duplex for a homeowner plus 2 rental units. You can move in and have the tenants pay most of your mortgage on day one. This house has been renovated with new kitchens, stainless-steel appliances and split units. The owner's unit consists of a 2-bedroom duplex, home office, 1& ½ baths with interior stairs from the unit that lead to a full finished 7-foot-high basement with a separate laundry area, as well as a big backyard. The other 2 rental units are a 2-bedroom 1 bath and a deck paying $2250 a month & a 3-bedroom 1 bath paying $2500 a month. All utilities are separate, and tenants pay their own heat and electric. 1240 Putnam Ave is a 5-minute walk from the J train (Gates Ave station) and surrounded by all restaurants, bars & art spaces that Bushwick has to offer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,700 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 2,000 Square Feet
    Details
    • Parcel number: 033750025

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1910

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $555/sqft
    • Tax assessed value: $1,229,000
    • Annual tax amount: $4,436

    Price history

    DateEventPrice
    12/3/2020Listing removed$1,400,000$519/sqft
    Source: Bedford Brownstone Realty Report a problem
    12/1/2020Price change$1,400,000+9.8%$519/sqft
    Source: Bedford Brownstone Realty Report a problem
    11/12/2020Listed for sale$1,275,000+54.5%$472/sqft
    Source: Bedford Brownstone Realty Report a problem
    8/15/2020Listing removed$2,575$1/sqft
    Source: Guardeum Management LLC Report a problem
    8/6/2020Listed for rent$2,575$1/sqft
    Source: Guardeum Management LLC Report a problem
    3/15/2016Sold$825,000+432.3%$306/sqft
    Source: Public Record Report a problem
    11/22/1999Sold$155,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,436 -0.4%$73,740 -4%
    2024$4,454 $76,800 -4%
    2023-- $79,980 +8.5%
    2022-- $73,740 +25.9%
    2021-- $58,560 +0.4%
    2020$3,943 +0.8%$58,320 +1.7%
    2019$3,912 +7.3%$57,360 +229%
    2018$3,647 +8.8%$17,434 +6%
    2017$3,353 +10.5%$16,449 +6%
    2016$3,036 $15,525
    2015$3,036 +83.8%$15,525 +0.8%
    2014$1,652 $15,400 +6%
    2013-- $14,529 +6%
    2012-- $13,708 +6%
    2011-- $12,938
    2010-- $12,938 +0.8%
    2009-- $12,834 +6%
    2008-- $12,108 +6%
    2007-- $11,424 +6%
    2006-- $10,782
    2005-- $10,782 +0.8%
    2004-- $10,695 +6%
    2003-- $10,090 +6%
    2002-- $9,520 +6%
    2001-- $8,985
    2000-- $8,985
    Find assessor info on the county website

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating