NOT LISTED FOR SALE

1245 Putnam Ave Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,276,000 - $1,565,000

7 Beds
5 Baths
2,369 Sq Ft
$594/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $1,500,000 $633 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,687/month

111 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Wood Flooring
  • Eat-In Kitchen
  • Property is near public transit
  • Main Floor Bedroom
  • Park

About This Home

As of October 2023

Great Investment Property in the Heart of Bushwick! Beautifully Renovated and Spacious 2,369 Square Foot Two Family. You are Greeted with Ample Natural Light Upon Entry into the Sophisticated Four Bedroom and Three Bathroom Duplex. Enter into the Living Room/Dining Area Combo, Eat-In Kitchen with Quartz Countertops and Stainless Steel Appliances, One Bedroom, One Bathroom, and Access to a Private Yard Perfect for all Your Entertaining Needs. The Second Level of the Duplex has an Office Area, Three Bedrooms, and Two Full Bathrooms. The Third Level Feature a Living Room with Skylight, Eat-In Kitchen, Three Bedrooms and Two Bathrooms. Hardwood Floors Throughout, High Ceilings, HVAC Systems in Each Room for Year-Round Comfort. Great Restaurants, Shops, Galleries, and Transportation all Nearby! A Cap Rate of 5%

Last Agent to Sell the Property

Karina Dellepiane

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401331119 Listed on: 02/10/2023

Keller Williams Rlty Landmark

Last Buyer's Agent

Karina Dellepiane

Keller Williams Rlty Landmark Brokerage Phone: 718-475-2700 License #10401331119 Listed on: 02/10/2023

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1910 | Remodeled in 2020

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 17.5x100
  • 1 Common Wall

Parking

  • Off-Street Parking

Interior Spaces

  • 2,369 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • ENERGY STAR Certified Homes

Location

  • Property is near public transit

Schools

  • JHS 383 Philippa Schuyler Middle School
  • Bushwick Community High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 43 / 3368
  • Assessor Parcel Number 03368-0043

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

Built in 1910 | Remodeled in 2020

Lot Details

1,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1910
  • New Construction: No
  • Year Built Effective: 2020
  • Attribution Contact: 718-475-2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Basement: See Remarks
  • Inclusions: A/C Units,Ceiling Fan,Dishwasher,Dryer,Energy Star Appliance(s),Intercom,Light Fixtures,Microwave,Refrigerator,Second Dishwasher,Second Dryer,Second Stove,Video Cameras,Washer
  • Total Bedrooms: 7
  • Living Area: 2369
  • SquareFootage: 2369.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Energy Star (Yr Blt), Other
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric
  • Sewer: Other
  • Water Source: See Remarks
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 383 Philippa Schuyler

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.5x100
  • Lot Size Sq Ft: 1750
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03368-0043
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-02-13

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 4329.68
  • Tax Block: 3368
  • Tax Lot: 43
  • Tax Map Number: 03368-0043

MLS Schools

  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental V Llc
Current Estimated Value
$1,406,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,842,592
Outstanding Balance
$35,138,562
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$33,731,721

Purchase Details

Listed on
Feb 10, 2023
Closed on
Oct 12, 2023
Sold by
Dellepiane Karina and Scarpulla Gregory F
Bought by
Townhouse Rental Ii Llc
Seller's Agent
Karina Dellepiane
Keller Williams Rlty Landmark
Buyer's Agent
Karina Dellepiane
Keller Williams Rlty Landmark
List Price
$1,690,000
Sold Price
$1,500,000
Premium/Discount to List
-$190,000
-11.24%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 31, 2018
Sold by
Donna Trayham As Co-Executor and Estate Of Elena Stevenson
Bought by
Dellepiane Karina and Scarpulla Gregory F
Seller's Agent
Julie Kirkland
WORLDWIDE HOMES INC
List Price
$915,000
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$884,461
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Townhouse Rental V Llc -- --
Townhouse Rental V Llc -- --
Townhouse Rental Ii Llc $1,500,000 --
Townhouse Rental Ii Llc $1,500,000 --
Townhouse Rental Ii Llc $1,500,000 --
Dellepiane Karina $915,000 --
Dellepiane Karina $915,000 --
Dellepiane Karina $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townhouse Rental V Llc $35,842,592
Closed Townhouse Rental V Llc $35,842,592
Previous Owner Dellepiane Karina $884,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $1,500,000 -6.2% $633 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
03/07/2023 03/07/23 Price Changed $1,599,999 -5.3% $675 / Sq Ft
02/10/2023 02/10/23 For Sale $1,690,000 +84.7% $713 / Sq Ft
04/20/2022 04/20/22 Off Market $915,000 -- --
07/31/2018 07/31/18 Sold $915,000 0.0% $387 / Sq Ft View Prior Sale
07/01/2018 07/01/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $915,000 -- $387 / Sq Ft
Source: OneKey® MLS

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 $4,405 $91,500 $12,360 $79,140
2024 $4,405 $87,540 $12,360 $75,180
2023 $4,330 $90,780 $12,360 $78,420
2022 $4,142 $74,280 $12,360 $61,920
2021 $4,253 $75,540 $12,360 $63,180
2019 $1,924 $61,980 $12,360 $49,620
2017 $1,674 $8,210 $1,828 $6,382
2016 $1,551 $7,761 $2,334 $5,427
2015 $714 $7,761 $2,500 $5,261
2014 $714 $7,663 $2,718 $4,945
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karina Dellepiane

    Keller Williams Rlty Landmark

    (347) 449-4788

    2 in this area

    2 Total Sales

    Karina Dellepiane
    Section Image
  • Julie Kirkland

    Seller's Agent in 2018

    Julie Kirkland

    WORLDWIDE HOMES INC

    (917) 650-4910

    1 in this area

    34 Total Sales

    Julie Kirkland
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3458058

OneKey® MLS

APN: 03368-0043

New York Kings County Brooklyn 11221 Bushwick

1245 Putnam Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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