NOT LISTED FOR SALE

1237 Putnam Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,080,000 - $1,472,000

6 Beds
5 Baths
1,741 Sq Ft
$769/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2025

Last sale price $1,480,000 $850 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,452 / mo

87 Days on Market

About This Home

As of May 2025

Located 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

James Maaba

Howard Hanna NYC License #10401342759 Listed on: 11/08/2024

Co-Listed By

Judah Fried

Howard Hanna NYC License #10401291446

Last Buyer's Agent

Erin Wheelock

Keller Williams NYC License #10301220968

Keller Williams NYC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1,741

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

1,741 Sq Ft Lot

Listing Details

  • Cross Street: Evergreen Avenue/Central Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Living Area: 1741.0
  • Living Area Units: Square Feet
  • Basement: No

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Private Outdoor Space Under 60 Sqft

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1741.0

Building Info

  • New Construction: No
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-01-01

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Apr 24, 2025
Sold by
Bought by
Seller's Agent
James Maaba
Howard Hanna NYC
Buyer's Agent
Erin Wheelock
Keller Williams NYC
List Price
$1,480,000
Sold Price
$1,480,000
Views
37
Current Estimated Value
$1,338,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,682
Avg. Annual Appreciation
-7.98%
Original Mortgage
$1,160,000
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2011
Sold by
Bought by

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
0.041%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2007
Sold by
Bought by

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
0.0621%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
0.0628%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 Judicial Title
$460,000 --
$131,900 --
$635,000 --
$550,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,160,000
Previous Owner $150,000
Previous Owner $660,000
Previous Owner $220,000
Previous Owner $127,000
Previous Owner $508,000
Previous Owner $440,000
Previous Owner $15,000
Closed $221,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,691 $94,500 $11,880 $82,620
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

    Seller's Agent in 2025

    James Maaba

    Howard Hanna NYC

    (347) 665-3082

    1 in this area

    4 Total Sales

    James Maaba
    Section Image
  • Judah Fried

    Seller Co-Listing Agent in 2025

    Judah Fried

    Howard Hanna NYC

    (914) 451-0034

    1 in this area

    9 Total Sales

    Judah Fried
    Section Image
  • Erin Wheelock

    Buyer's Agent in 2025

    Erin Wheelock

    Keller Williams NYC

    (262) 758-0947

    2 in this area

    54 Total Sales

    Erin Wheelock
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11020327

Real Estate Board of New York (REBNY)

APN: 03368-0048

New York Kings County Brooklyn 11221 Bushwick

1237 Putnam Ave, Brooklyn, NY

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.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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