718 Putnam Avenue, New York City, NY 11221
  • $2,750,000

Description

Located on a picturesque tree-lined block in the heart of Bedford-Stuyvesant’s 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 owner’s 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 owner’s 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 cafés, restaurants, parks, and convenient transportation, 718 Putnam Avenue sits in one of Brooklyn’s most vibrant and steadily appreciating neighborhoods. A detailed investor financial analysis and full rent roll are available upon request.

  • Address: 718 Putnam Avenue
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 11221
  • Area: Stuyvesant Heights

Details

Updated on May 31, 2026 at 7:40 pm
  • Property ID RLS20075930
  • Price $2,750,000
  • Bedrooms 7
  • Rooms 13
  • Bathrooms 6
  • Garage Size x x
  • Year Built 1910
  • Type Multi Family, Residential
  • Property Status Active, For Sale

Additional details

  • County Kings
  • Property Type Residential

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Contact Information

Digs Realty Group

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