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$3,438,750
List Price: $3,500,000
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425 Putnam Avenue
Townhouse in Bedford-Stuyvesant •  building info
5bd • 4ba • 3,615ft² $968 per ft²
Buy with Yoreevo

$3,438,750

List Price

$3,500,000

Key Details
Days on market
7
Last price change
loading...
Estimated payment
$19,292/mo
Taxes
$406/mo
Maintenance
N/A
Description
Welcome to 425 Putnam Avenue, a 19-foot-wide legal two-family brownstone set on one of Bedford-Stuyvesant's most beautiful tree-lined blocks. Spanning approximately 3,615 square feet across four levels - plus a 745 square foot cellar with 7 foot ceilings - this is the kind of property that draws buyers who understand what original Brooklyn architecture actually means, and what it costs to find it intact. From the moment you arrive, the home announces its pedigree. The original entry door, beautifully preserved, opens into a grand interior staircase that anchors the home and speaks to the craftsmanship of its era. Throughout the property, exposed brick fireplaces appear in multiple rooms - not as decorative afterthoughts, but as original architectural features that give each space a warmth and character that simply cannot be replicated. The scale of the rooms, the ceiling heights, and the quality of the original details place this firmly among the most authentic brownstones available in the neighborhood today. Light is a genuine asset here. The home receives exceptional natural light throughout the day, further enhanced by skylights that draw the sun deep into the interior. Paired with the open southern exposure typical of Putnam Avenue's north-facing blocks, the result is a home that feels airy and alive at every hour. The well-appointed kitchen is move-in ready, and the private backyard - generous in scale and fully enclosed - offers the kind of outdoor living space that Brooklyn buyers consistently prioritize and pay a premium for. Below grade, the full cellar level with cement floors provides substantial additional square footage for storage, mechanicals, or future buildout. The two-family configuration offers immediate flexibility: live in one unit and lease the other, or hold the property as a fully income-producing asset in one of Brooklyn's strongest rental markets. Either way, the carrying costs are manageable and the demand is consistent. Currently utilized as a single family home with multiple kitchens, the property will be delivered vacant. For buyers with an eye on long-term value, the air rights tell a compelling story. With a current FAR of 2.32 against a residential maximum of 3.0, there are approximately 1,059 square feet of unused, buildable area - a meaningful development opportunity, subject to DOB approval, that adds a dimension of upside that most comparable properties on this block simply cannot offer.The property also offers approximately 1590 square feet of outdoor space, including the existing roof. Conveniently located near the A and C trains at Nostrand Avenue, and surrounded by the restaurants, cafés, and cultural institutions that have made Bed-Stuy one of Brooklyn's most sought-after addresses, 425 Putnam Avenue represents a rare convergence of original character, functional income potential, and genuine future upside. Legal 2-family 19' wide 3,615 sq ft Full cellar Private backyard Skylights Exposed brick fireplaces Original staircase & entry door 1,059 sq ft remaining buildable R6B zoning

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Important Stuff
Pets allowed
Washer/Dryer in unit
Home features
Dishwasher
Fireplace
Hardwood floors
Private outdoor space

Private Garden

View

Garden

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$350,000 (10%)
Min: 10% (350,000)
Rate
6.0 %
Mortgage Amount
$3,150,000
Mortgage Payment
$18,886
Taxes
$406
Estimated Yoreevo rebate
$61,250
Estimated closing cost
$135,000
Total monthly cost $19,292
Buy your dream home with us and get an estimated $61,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Serhant

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