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$2,701,875
List Price: $2,750,000
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718 Putnam Avenue #EntireBui
Townhouse in Stuyvesant Heights •  building info
7bd • 5.5ba
Buy with Yoreevo

$2,701,875

List Price

$2,750,000

Key Details
Listed today
Last price change
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Estimated payment
$15,743/mo
Taxes
$904/mo
Maintenance
N/A
Description
Located on a picturesque tree-lined block in the heart of Bedford-Stuyvesants historic Stuyvesant Heights, 718 Putnam Avenue presents an exceptional opportunity for both owner-occupants and investors seeking strong income with long-term upside. Configured as a four-family Brooklyn townhouse, the property currently generates approximately $189,720 in annual rental income, offering a compelling combination of reliable cash flow and future flexibility. The home features four well-proportioned residential units, each benefiting from excellent natural light and practical layouts that reflect the classic charm and proportions of Brooklyn townhouse living. For buyers seeking a primary residence, the garden triplex may be delivered vacant, providing a spacious three-bedroom owners residence with high basement ceilings and access to private outdoor space. This configuration allows the owner to enjoy a generous private home while the three upper apartments continue to generate strong rental income. The layout also works well for multi-generational living, allowing extended family to occupy the lower triplex while maintaining privacy and income potential from the upper units. Property Highlights - Four residential units - Approx. $189,720 annual rental income - Opportunity to live in the owners garden triplex - Strong rental demand in Bed-Stuy / Stuyvesant Heights - Classic Brooklyn townhouse proportions - Ideal for owner-occupants, investors, or multi-generational living Located moments from neighborhood cafs, restaurants, parks, and convenient transportation, 718 Putnam Avenue sits in one of Brooklyns most vibrant and steadily appreciating neighborhoods. A detailed investor financial analysis and full rent roll are available upon request.

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Building amenities
Services and facilities
Laundry in Building
Building info

History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$275,000 (10%)
Min: 10% (275,000)
Rate
6.0 %
Mortgage Amount
$2,475,000
Mortgage Payment
$14,839
Taxes
$904
Estimated Yoreevo rebate
$48,125
Estimated closing cost
$100,000
Total monthly cost $15,743
Buy your dream home with us and get an estimated $48,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sothebys International Realty

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