Seller's Agent in 2025
Jeff Gardner
Corcoran Group
(917) 833-0563
1 in this area
48 Total Sales
1242 Putnam Ave Brooklyn, NY 11221
Bushwick Neighborhood
6
Beds
6.5
Baths
2,700
Sq Ft
2,000
Sq Ft Lot
About This Home
As of September 20251242 Putnam Avenue, an artfully re-imagined Bushwick property has come to market delivering style, trustworthy quality and value in an immaculate three-family brick townhouse. Centrally located in prime Bushwick near the L/M subway lines at Myrtle-Wyckoff and J/Z lines at Gates Avenue, 1242 Putnam Avenue is at the nexus of the fastest appreciating real estate market in Brooklyn and represents a great opportunity to buy an income producing property while enjoying luxury living in your own spacious apartment with elegant finishes and private outdoor space.
Composed of three attentively renovated apartments, 1242 Putnam Avenue is the perfect turnkey three-family home: enjoy fully equipped kitchens with matte black granite counters, large islands, tasteful tile backsplash, and full sized appliances by GE and Whirlpool along with full-size gas washer/dryers in dedicated closets with outside venting. Individual HVAC, Nest Wi-Fi thermostats, condensers, furnaces, hot water heaters, video intercom and meters make renting out apartments a breeze. High ceilings, hardwood oak floors, 8" interior doors, excellent closet space and sound proofing between floors insures that you will have quiet enjoyment and the feeling of a loft in a Bushwick townhouse. Add in a new roof, windows, insulation, plumbing, electrical and the value of 1242 Putnam Avenue becomes even clearer.
1242 Putnam Avenue is a must-see, must-own property; the perfect end-use home with income generating apartments in prime Bushwick which has seen phenomenal ROI over the last ten years. Close to shopping entertainment and cafes including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Contact the exclusive broker today and see this wonderful home.
Last Agent to Sell the Property
Corcoran Group License #10301210397 Listed on: 03/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,192
Year Built
- Built in 1910
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100.00x20.00
Home Design
- Entry on the 1st floor
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- 2-Story Property
- Cooling Available
Listing and Financial Details
- Legal Lot and Block 0026 / 03375
Community Details
Overview
- 3 Units
- Bushwick Subdivision
Amenities
- Rooftop Deck
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2023
Closed on
May 16, 2023
Sold by
Longobardi Vincent and Longobardi Vance
Bought by
Crown Jrh Llc
Seller's Agent
Scott Durkin
Douglas Elliman Real Estate
List Price
$1,200,000
Sold Price
$1,180,000
Premium/Discount to List
-$20,000
-1.67%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%
Purchase Details
Closed on
Dec 17, 2021
Sold by
Vance Ray and Vance Renaldo
Bought by
Longobardi Vincent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
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 | $1,180,000 | -- | |
| Deed | $308,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $2,195,000 | 0.0% | $813 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 03/10/2025 03/10/25 | For Sale | $2,195,000 | +82.9% | $813 / Sq Ft | |
| 08/15/2023 08/15/23 | Off Market | $1,200,000 | -- | -- | |
| 07/02/2023 07/02/23 | Off Market | $1,200,000 | -- | -- | |
| 05/16/2023 05/16/23 | Sold | $1,180,000 | -1.7% | $437 / Sq Ft | View Prior Sale |
| 03/17/2023 03/17/23 | Pending | -- | -- | -- | |
| 03/07/2023 03/07/23 | For Sale | $1,200,000 | 0.0% | $444 / Sq Ft | |
| 03/07/2023 03/07/23 | Off Market | $1,200,000 | -- | -- | |
| 02/27/2023 02/27/23 | For Sale | $1,200,000 | -- | $444 / 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 | $3,195 | $85,620 | $16,920 | $68,700 |
| 2024 | $3,195 | $81,840 | $16,920 | $64,920 |
| 2023 | $3,014 | $90,120 | $16,920 | $73,200 |
| 2022 | $2,832 | $73,740 | $16,920 | $56,820 |
| 2021 | $2,819 | $58,560 | $16,920 | $41,640 |
| 2019 | $2,773 | $57,360 | $16,920 | $40,440 |
| 2018 | $2,550 | $12,507 | $4,045 | $8,462 |
| 2017 | $2,410 | $11,822 | $4,085 | $7,737 |
| 2016 | $2,232 | $11,164 | $3,844 | $7,320 |
| 2015 | $1,345 | $11,146 | $3,927 | $7,219 |
| 2014 | $1,345 | $11,046 | $4,669 | $6,377 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Gardner
-
Scott Durkin
Seller's Agent in 2023
Scott Durkin
Douglas Elliman Real Estate
(212) 891-7000
2 in this area
79 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20008969
APN: 03375-0026
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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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