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Sold for $1,250,000
  • $1,250,000

    438 Putnam Ave, Brooklyn, NY 11221

    6beds
    3,432sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $2,625,800 Zestimate®
    $364/sqft
    $4,767 Estimated rent

    Home value

    $2,625,800

    $2.28M - $3.02M

    $4,767/mo

    Zestimate® history
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    $4,767/mo

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    $7,345/mo

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    $7,345/mo

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    What's special

    Back on the market! Legal 3-Family 4 story BedStuy Brownstone with Details! Introducing 438 Putnam Avenue, perfect for the consummate end-user or investor. Built in 1915 by famed architects, the Parfitt Brothers, this massive four story legal 3-family home is 18.25 ft wide by 47 ft deep and boasts approximately 3,432 square feet of living space. The 19th Century period details this home offers include crown molding, forced air heating vents, inlaid parquet floor, hardwood flooring, skylight, pocket doors, double door built in cabinets and so much more. This home is a true treasure waiting for the right buyer to restore it to its former glory while utilizing it as a pure investment property or convert to condos as there is over 2000 sq ft of build-able available. With a total of 6 beds and 3.5 full baths, this home can generate a very healthy rental income from the 2 upper rentals (both 1.5 bedrooms each) while living in the lower triplex level with a private garden level backyard space. Situated on a serene and lush tree lined block in bustling Bed-Stuy, you are within a short walk of the hottest/trendy hotspots Brooklyn has to offer right on your corner. Nearest to the A (express) at Nostrand Ave. and C (local) trains at Kingston Ave. You are but a short journey to Barclay's Center (15 min.), Lower Manhattan (20 min.) and Midtown Manhattan (30 min.) Sold as is.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 3,432 sqft

    Property

    Lot
    • Size: 1,825 sqft
    Details
    • Parcel number: 018300007

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    9/15/2025Sold$1,250,000-37.5%$364/sqft
    Source: Public Record Report a problem
    3/14/2023Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3448367 Report a problem
    2/3/2023Price change$2,000,000-9.1%$583/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3448367 Report a problem
    12/15/2022Listed for sale$2,200,000+4.8%$641/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3448367 Report a problem
    7/7/2022Listing removed--
    Source: StreetEasy Report a problem
    6/5/2022Pending sale$2,099,000$612/sqft
    Source: StreetEasy Report a problem
    4/14/2022Price change$2,099,000-2.4%$612/sqft
    Source: StreetEasy Report a problem
    2/16/2022Listed for sale$2,150,000$626/sqft
    Source: StreetEasy Report a problem
    4/8/2014Listing removed$1,350
    Source: Rapid Realty Report a problem
    2/19/2014Price change$1,350-3.6%
    Source: Rapid Realty Report a problem
    12/21/2013Price change$1,400-6.7%
    Source: Zillow Rental Network Report a problem
    11/20/2013Listed for rent$1,500
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,657 -0.1%$95,100 -15%
    2024$4,663 $111,900 +8.4%
    2023-- $103,200 -8.8%
    2022-- $113,100 +10.2%
    2021-- $102,600 +1.2%
    2020$4,139 +1.1%$101,340 +17%
    2019$4,095 +7.2%$86,640 +374.2%
    2018$3,822 +8.6%$18,270 +5.9%
    2017$3,518 +10.4%$17,256 +5.9%
    2016$3,187 $16,300 +0%
    2015$3,187 +82.8%$16,297 +1.1%
    2014$1,744 $16,123 +5.9%
    2013-- $15,225 +5.9%
    2012-- $14,380 +5.9%
    2011-- $13,584 +0%
    2010-- $13,581 +1.1%
    2009-- $13,436 +5.9%
    2008-- $12,688 +5.9%
    2007-- $11,984 +5.9%
    2006-- $11,320 +0%
    2005-- $11,318 +1.1%
    2004-- $11,197 +5.9%
    2003-- $10,574 +5.9%
    2002-- $9,987 +5.9%
    2001-- $9,434 +0%
    2000-- $9,432

    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating