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Off market
  • $2,368,900

    589 Putnam Ave, Brooklyn, NY 11221

    6beds
    3,240sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $2,368,900 Zestimate®
    $731/sqft
    $4,812 Estimated rent

    Home value

    $2,368,900

    $2.04M - $2.75M

    $4,812/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $4,812/mo

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    $4,812/mo

    Rent Zestimate®

    Refinance and save

    $14,112/mo

    Est. payment

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    $14,112/mo

    Est. payment

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    What's special

    Introducing 589 Putnam Avenue; This 4-story, 3-family brownstone is a perfect turn-key investment opportunity. with the opportunity to earn over $100,000 in rental income annually. Renovated and never been lived in, 589 Putnam Avenue provides the versatility for both end-users and investors alike. Featuring an owner's duplex with 3 bedrooms, 2.5 bathrooms, a zen garden & laundry to boot, the main residence provides the potential to live in one of the units while allowing two rentals to cover over half of your monthly payments. The garden residence is an over-sized, full-floor one bedroom with garden access and laundry in-unit. The top floor is a sun-splashed two bedroom with kitchenette, exposed brick and laundry in-unit. Each floor is detailed with 5'' walnut oak flooring, charming exposed brick detail, Quartz countertops and Frigidaire appliances. Each residence is equipped with their own HVAC and central air control. 589 Putnam Avenue makes for a savvy, turn-key investment opportunity on one of the prettiest tree-lined streets in vibrant Bedford-Stuyvesant. Conveniently located around a plethora of neighborhood amenities such as; Saraghina's, Beso, Peaches, Casablanca and several subway lines (C, A, J).. Here is your chance to own in one of the hottest areas in Northern Brooklyn.

    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: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,240 sqft

    Property

    Lot
    • Size: 1,800 sqft
    Details
    • Parcel number: 016440070

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    10/25/2021Sold$1,950,000-1.8%$602/sqft
    Source: Public Record Report a problem
    8/6/2021Pending sale$1,985,000$613/sqft
    Source: StreetEasy Report a problem
    5/12/2021Listed for sale$1,985,000+11.2%$613/sqft
    Source: StreetEasy Report a problem
    8/27/2019Listing removed$1,785,000$551/sqft
    Source: Corcoran #5453200 Report a problem
    6/7/2019Price change$1,785,000-4.3%$551/sqft
    Source: Corcoran #5453200 Report a problem
    1/12/2019Price change$1,865,000-4.1%$576/sqft
    Source: Corcoran #5453200 Report a problem
    8/2/2018Pending sale$1,945,000$600/sqft
    Source: Corcoran #5453200 Report a problem
    5/17/2018Listed for sale$1,945,000+94.7%$600/sqft
    Source: Corcoran #5453200 Report a problem
    5/30/2013Listing removed$999,000$308/sqft
    Source: Bedford Brownstone Realty Report a problem
    1/19/2013Price change$999,000+0.3%$308/sqft
    Source: Bedford Brownstone Realty Report a problem
    1/17/2013Price change$995,999-0.3%$307/sqft
    Source: Julie Kirkalnd Report a problem
    12/22/2012Listed for sale$999,000+25%$308/sqft
    Source: Massada Home Sales Report a problem
    1/7/2012Listing removed$799,000$247/sqft
    Source: Se habla espanol Report a problem
    12/11/2011Listed for sale$799,000+90.2%$247/sqft
    Source: Se habla espanol Report a problem
    3/14/2010Sold$420,000+68%$130/sqft
    Source: Public Record Report a problem
    8/31/2009Sold$250,000-67.7%$77/sqft
    Source: Public Record Report a problem
    7/3/2007Sold$775,000+84.5%$239/sqft
    Source: Public Record Report a problem
    10/20/2005Sold$420,000+54.4%$130/sqft
    Source: Public Record Report a problem
    11/19/2001Sold$272,000+0.7%$84/sqft
    Source: Public Record Report a problem
    11/10/1999Sold$270,000+22.7%$83/sqft
    Source: Public Record Report a problem
    5/14/1999Sold$220,000$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,843 +2.7%$123,960 +26.6%
    2024$7,636 $97,920 +13.2%
    2023-- $86,520 +22.2%
    2022-- $70,800 +29.5%
    2021-- $54,660 +4.8%
    2020$6,528 +4.2%$52,140 +6.2%
    2019$6,262 +7%$49,080 +75.5%
    2018$5,850 +7.1%$27,965 +4.3%
    2017$5,463 +8.7%$26,801 +4.3%
    2016$5,025 $25,699
    2015$5,025 +123.5%$25,699 +4.2%
    2014$2,249 $24,653 +41.4%
    2013-- $17,440 +5.9%
    2012-- $16,470 +5.9%
    2011-- $15,552
    2010-- $15,552 +5.9%
    2009-- $14,680 +1%
    2008-- $14,534 +5.9%
    2007-- $13,725 +5.9%
    2006-- $12,960
    2005-- $12,960 +5.9%
    2004-- $12,234 +1%
    2003-- $12,112 +5.9%
    2002-- $11,438 +5.9%
    2001-- $10,800
    2000-- $10,800

    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating