$505,000 - $582,000
RENTED OCT 24, 2024

1229 Putnam Ave Unit 2D Brooklyn, NY 11221

Bushwick Neighborhood
1 Bed
1 Bath
579 Sq Ft
6,011 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $540,000 $933 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,671/month

Highlights

  • Wood Flooring
  • Soaking Tub
  • Breakfast Bar
  • No HOA
  • Dual Closets
  • Recessed Lighting

About This Home

As of October 2024

Welcome to 1229 Putnam Ave, Brooklyn, NY – a stunning, fully renovated condo that perfectly blends modern luxury with urban convenience. This exquisite 579-square-foot residence has hardwood floors and south facing windows which will brighten your mornings.

The open kitchen is a chef's dream, featuring a breakfast bar, premium counters, an island, and top-of-the-line stainless steel appliances, including a range, stove, refrigerator, and dishwasher. The kitchen also boasts a range hood, recessed lighting, and plenty of space for dining.

The living area is adorned with dual-pane windows that flood the space with natural light, enhancing the sophisticated ambiance. The bedroom offers a sense of luxury with dual closets and a walk-in closet, providing generous storage solutions. The bathroom is a serene retreat, featuring a soaking tub and high-end ceramic finishes.

This lowrise building offers a range of amenities to elevate your lifestyle, including a common roof deck, private storage, a bike room, a gym, and a common laundry area. Enjoy the convenience of an in-unit washer/dryer, central air conditioning, and on-site parking in the garage. The building is secured with a video intercom system and features an elevator for easy access.

Don’t miss the opportunity to make this exceptional condo your new home. Experience the best of Brooklyn living at 1229 Putnam Ave.

Last Agent to Rent the Property

Kunsang Thurman

Compass License #10401269075 Listed on: 08/26/2024

Compass

Co-Listed By

Keith Arthur

Compass License #10301212387

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,226

Year Built

  • Built in 2018

Lot Details

  • 6,011

Parking

  • Garage

Interior Spaces

  • 579 Sq Ft Home
  • Recessed Lighting
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Cooktop with Range Hood
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Dual Closets
  • 1 Full Bathroom
  • Soaking Tub

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 8/26/24
  • Tax Block 03368

Community Details

Overview

  • No Home Owners Association
  • 19 Units
  • Bushwick Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,226

Year Built

Built in 2018

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-08-26

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bushwick
  • Entry Level: 2
  • Structure Type: Multi Family
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Breakfast Bar, His and Hers Closets, Kitchen Island, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Appliances: Cooktop, Dishwasher, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 579.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage, On Site

Utilities

  • Laundry Features: Common Area, In Unit, See Remarks
  • Cooling: Central Air, Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 60.000000x100.000000

Building Info

  • New Construction: No
  • Units: 19
  • Total Stories: 5
  • Year Built: 2018

Tax Info

  • Tax Block: 03368
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 31, 2024
Sold by
Pavangadkar Mangesh and Pavangadkar Panna
Bought by
Horizon Trust Fbo Barrett Sherwood Roth and Murff As Trustee Barnaby
Seller's Agent
Srdjan Stojanovic
Bond New York Properties LLC
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%
Views
76
Current Estimated Value
$570,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,577
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Dec 2, 2020
Sold by
1229 Putnam Avenue Llc
Bought by
Pavangadkar Mangesh and Pavangadkar Panna
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Horizon Trust Fbo Barrett Sherwood Roth $540,000 --
Horizon Trust Fbo Barrett Sherwood Roth $540,000 --
Pavangadkar Mangesh $495,000 --
Pavangadkar Mangesh $495,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Rented $2,700 0.0% --
10/17/2024 10/17/24 Under Contract -- -- --
09/27/2024 09/27/24 Price Changed $2,700 -10.0% $5 / Sq Ft
08/26/2024 08/26/24 For Rent $3,000 0.0% --
02/01/2024 02/01/24 Sold $540,000 0.0% $933 / Sq Ft
01/12/2024 01/12/24 Price Changed $540,000 -3.4% $933 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/23/2023 11/23/23 For Sale $559,000 +3.5% $965 / Sq Ft
11/18/2023 11/18/23 Off Market $540,000 -- --
11/02/2023 11/02/23 For Sale $559,000 -- $965 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,226 $67,507 $9,531 $57,976
2024 $6,226 $57,859 $9,531 $48,328
2023 $6,452 $66,098 $9,531 $56,567
2022 $5,584 $64,210 $9,531 $54,679
2021 $4,939 $41,422 $9,531 $31,891
2020 $4,906 $55,084 $9,531 $45,553
2019 $152 $4,176 $4,176 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11003841

Real Estate Board of New York (REBNY)

APN: 03368-1115