Seller's Agent in 2025
James Maaba
Howard Hanna NYC
(347) 665-3082
1 in this area
4 Total Sales
1237 Putnam Ave Brooklyn, NY 11221
Bushwick Neighborhood
6
Beds
5
Baths
1,741
Sq Ft
1,741
Sq Ft Lot
About This Home
As of May 2025Located in the heart of Brooklyn’s vibrant Bushwick neighborhood, 1237 Putnam Avenue is a unique 2 family home that offers exceptional potential for both investors and homebuyers. This property sits at the intersection of Putnam Avenue and Knickerbocker Avenue, providing excellent visibility and high foot traffic.
The building is a well-maintained multi-family structure, featuring spacious layouts that are well-suited for modern city living. Surrounded by a mix of historic brownstones and newer developments, the property enjoys a dynamic blend of Brooklyn's classic charm and the energy of a rapidly evolving urban landscape. The prime location offers easy access to Bushwick's best amenities, including trendy cafes, art galleries, and a thriving nightlife scene.
Currently being offered with the 4 Bed 3 Baths upstairs unit delivered vacant, and the downstairs unit leased out. By request we can verify payment of rent for the last 12 months.
Public transportation is highly accessible, with the Dekalb Avenue L subway stop just a short distance away, providing quick connections to Manhattan and other parts of Brooklyn. Several bus routes also serve the area, ensuring convenient travel throughout the city. The property is just steps from Maria Hernandez Park, a popular green space, and is within close proximity to the bustling shopping and dining options along Wyckoff Avenue and Myrtle Avenue.
This property offers the perfect opportunity for those looking to invest in one of Brooklyn’s most rapidly appreciating neighborhoods. Whether you're interested in occupying the space, renting it out, or exploring development opportunities, 1237 Putnam Avenue is poised to provide long-term value in a highly sought-after location.
Last Agent to Sell the Property
Howard Hanna NYC License #10401342759 Listed on: 11/08/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Home Design
- 1,741 Sq Ft Home
- Pre War Building
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Additional Features
- 1,741 Sq Ft Lot
- No Heating
Community Details
- Bushwick Subdivision
Listing and Financial Details
- Property Available on 1/1/25
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 29, 2012
Sold by
Eloshvili David
Bought by
1237 Putnam Avenue Lp
Current Estimated Value
Purchase Details
Closed on
Oct 7, 2011
Sold by
Johnson Barbara
Bought by
Eloshvili David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 24, 2007
Sold by
Jordan Lestor
Bought by
Johnson Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.21%
Purchase Details
Closed on
Jul 9, 2004
Sold by
Harris Lauretta
Bought by
Jordan Lester Bertram
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $460,000 | -- | |
| Deed | $460,000 | -- | |
| Deed | $131,900 | -- | |
| Deed | $131,900 | -- | |
| Deed | $635,000 | -- | |
| Deed | $635,000 | -- | |
| Deed | $550,000 | -- | |
| Deed | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $127,000 | No Value Available | |
| Previous Owner | $508,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $1,480,000 | 0.0% | $850 / Sq Ft |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | Off Market | $1,480,000 | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $1,480,000 | -- | $850 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $2,655 | $91,500 | $11,880 | $79,620 |
| 2024 | $2,655 | $84,600 | $11,880 | $72,720 |
| 2023 | $2,539 | $85,560 | $11,880 | $73,680 |
| 2022 | $2,360 | $69,480 | $11,880 | $57,600 |
| 2021 | $2,352 | $61,920 | $11,880 | $50,040 |
| 2020 | $1,168 | $75,060 | $11,880 | $63,180 |
| 2019 | $2,304 | $67,020 | $11,880 | $55,140 |
| 2018 | $2,124 | $10,419 | $1,794 | $8,625 |
| 2017 | $2,008 | $9,852 | $2,408 | $7,444 |
| 2016 | $1,862 | $9,313 | $2,680 | $6,633 |
| 2015 | $1,121 | $9,304 | $2,822 | $6,482 |
| 2014 | $1,121 | $9,180 | $3,169 | $6,011 |
Source: Public Records
Agents Affiliated with this Home
-
James Maaba
-
Judah Fried
Seller Co-Listing Agent in 2025
Judah Fried
Howard Hanna NYC
(914) 584-0185
1 in this area
7 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11020327
APN: 03368-0048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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