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
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Address: 718 Putnam Avenue
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City: New York City
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State/county: NY
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Zip/Postal Code: 11221
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Area: Stuyvesant Heights
Details
Updated on May 31, 2026 at 7:40 pm-
Property ID RLS20075930
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Price $2,750,000
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Bedrooms 7
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Rooms 13
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Bathrooms 6
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Garage Size x x
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Year Built 1910
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Type Multi Family, Residential
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Property Status Active, For Sale
Additional details
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County Kings
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Property Type Residential
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