NOT LISTED FOR SALE

127 Putnam Ave Unit 1B Brooklyn, NY 11238

Bed-Stuy Neighborhood

Estimated Value: $1,267,000 - $1,804,000

2 Beds
2.5 Baths
1,567 Sq Ft
$598/mo HOA Fee

Last Sold May 27, 2023

Last sale price $1,190,000 $759 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,948/month

201 Days on Market

Highlights

  • Garden
  • 3-minute walk to Franklin Avenue (A,C,S Line)
  • 4-minute walk to Crispus Attucks Playground
  • Central Air

About This Home

As of May 2023

Welcome to 127 Putnam Avenue #1B, a brand-new boutique condominium on the historical border of Clinton Hill and Bedford Stuyvesant. Unit 1B is a gorgeously built duplex residence with two bedrooms and two and a half bathrooms and a large recreation room. The home features a stunning open custom kitchen featuring Fisher & Paykel refrigerator, Bertazzoni oven, Bosch dishwasher, oak floors, private outdoor space, built-in surround sound system, central A/C, washer/dryer, magnificent wood floors, and luxury finishes. In addition, the bathrooms feature a host of luxury, spa-like finishes, and fixtures, including high-end tiles, a rainfall shower, and a beautiful deep soaking tub, perfect for the ultimate relaxation experience.

The building greets you with its distinctive facade of brick and stucco, original architectural details, a modernist lobby, and a shared roof deck. Initially built in 1930, each home has been tastefully designed and custom-made.

Conveniently located on the border of Clinton Hill and Bedford Stuyvesant, only a short walk to subways, marketplaces, restaurants, bars, shopping, and more.

Welcome home!

Last Agent to Sell the Property

Abdul Muid

IVEY NORTH LLC License #10491207972 Listed on: 09/06/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 2020

Lot Details

  • 2,614

HOA Fees

  • $598 Monthly HOA Fees

Interior Spaces

  • 1,567 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Garden
  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 51 / 1989

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,282

Year Built

Built in 2020

Lot Details

0

HOA Fees

$598 per month

Listing Details

  • Cross Street: Claver Place/Franklin Avenue
  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1567.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 597.71
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 26.0 x 100.0

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 2020

Tax Info

  • Tax Block: 1989
  • Tax Lot: 51
  • Tax Annual: 4282.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
May 25, 2023
Sold by
Egbuonu Ogechukwu N and Meyer Michael J
Bought by
Chen Jeff
Seller's Agent
Abdul Muid
IVEY NORTH LLC
List Price
$1,295,000
Sold Price
$1,190,000
Premium/Discount to List
-$105,000
-8.11%
Views
24
Current Estimated Value
$1,453,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,532
Avg. Annual Appreciation
8.46%
Original Mortgage
$892,500
Outstanding Balance
$870,522
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$554,503

Purchase Details

Listed on
May 12, 2021
Closed on
Oct 1, 2021
Sold by
127 Putnam Llc
Bought by
Egbuonu Ogechukwu N and Meyer Michael J
Seller's Agent
Ilan Bracha
Corcoran Group
List Price
$1,175,000
Sold Price
$1,196,443
Premium/Discount to List
$21,443
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$1,056,325
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Jeff $1,190,000 --
Egbuonu Ogechukwu N $1,196,443 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jeff $892,500
Previous Owner Egbuonu Ogechukwu N $1,056,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2023 05/27/23 Sold $1,190,000 -0.8% $759 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $1,199,000 -7.4% $765 / Sq Ft
02/02/2023 02/02/23 For Sale $1,295,000 +8.8% $826 / Sq Ft
11/21/2022 11/21/22 Off Market $1,190,000 -- --
09/06/2022 09/06/22 For Sale $1,295,000 +8.2% $826 / Sq Ft
10/01/2021 10/01/21 Sold $1,196,443 +1.8% $723 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $1,175,000 -- $710 / 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 $4,696 $171,834 $20,186 $151,648
2024 $4,696 $157,264 $20,186 $137,078
2023 $4,444 $131,053 $20,186 $110,867
2022 $4,282 $128,799 $20,186 $108,613
Source: Public Records

Agents Affiliated with this Home

  • Abdul Muid

    Seller's Agent in 2023

    Abdul Muid

    IVEY NORTH LLC

    (347) 489-9216

    2 in this area

    7 Total Sales

    Section Image
  • Ilan Bracha

    Seller's Agent in 2021

    Ilan Bracha

    Corcoran Group

    (646) 952-9287

    12 in this area

    42 Total Sales

    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10850606

Real Estate Board of New York (REBNY)

APN: 01989-1102

New York Kings County Brooklyn 11238 Bed-Stuy

127 Putnam Ave Unit 1B, Brooklyn, NY

This home is located at 127 Putnam Ave Unit 1B, Brooklyn, NY 11238 since 06 September 2022 and is currently estimated at $1,462,025, approximately $933 per square foot. This property was built in 2020. 127 Putnam Ave Unit 1B is a home located in Kings County with nearby schools including P.S. 3 - The Bedford Village, Clara Muhammad School Of Masjid Khalifah, and Brooklyn Waldorf School.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes