NOT LISTED FOR SALE

227 Putnam Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,742,852 - $2,857,000

5 Beds
5 Baths
2,800 Sq Ft
$822/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $2,470,000 $882 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,384/month

About This Home

As of July 2021

Four-story, single family frame house in prime Bed-Stuy, featuring 5 bedrooms and 4.55 bathrooms. Gut-renovated to the bone, it's been updated with meticulous finishes, a manicured backyard, and large windows that give it a light and airy feel. 227 Putnam is just steps from dozens of trendy restaurants, craft cocktail bars, cafes, and shops. Local favorites include Sincerely Tommy, Peaches HotHouse, Bed-Vyne Cocktail, Stone Fruit, Lovers Rock, LunAtico, Speedy Romeo, BKLYN Blend, Glorietta Baldy, Clementine Bakery, and Brooklyn Beso. Bounded by the energy of a diverse community, it's close to Kosciuszko Pool, Herbert Von King Park, and several neighborhood playgrounds and community gardens. Nearby subway lines include the A/C/G at Fulton Street and Lafayette Avenue.

Last Agent to Sell the Property

Casey Soloff

Compass License #10401327891 Listed on: 04/16/2021

Compass

Co-Listed By

Joshua Golan

Compass License #10301215797

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 93 / 1822

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

2,004 Sq Ft Lot

Listing Details

  • Cross Street: Bedford Avenue/Nostrand Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2800.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 1901

Tax Info

  • Tax Block: 1822
  • Tax Lot: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 23, 2021
Sold by
26 Bricks Llc
Bought by
Murray Terrence and Schneiderman Katherine
Seller's Agent
Casey Soloff
Compass
List Price
$2,470,000
Sold Price
$2,470,000
Current Estimated Value
$2,301,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,287
Avg. Annual Appreciation
-1.51%
Original Mortgage
$1,470,000
Outstanding Balance
$1,331,746
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$969,967

Purchase Details

Closed on
Aug 18, 2020
Sold by
Barbara A Terry Revocable Trust
Bought by
26 Bricks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2020
Sold by
Barbara A Terry Rovocable Trust
Bought by
Terry Barbara A

Purchase Details

Closed on
Nov 23, 2016
Sold by
Terry Barbara
Bought by
Terry Trustee Barbara A and The Barbara A Terry Revocable Trust
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

Date Buyer Sale Price Title Company
Murray Terrence $2,470,000 --
26 Bricks Llc $950,000 --
Terry Barbara A -- --
Terry Trustee Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Terrence $1,470,000
Previous Owner 26 Bricks Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $2,470,000 0.0% $882 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $2,470,000 -- $882 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $4,885 $120,120 $14,280 $105,840
2024 $4,885 $94,860 $14,280 $80,580
2023 $4,823 $105,480 $14,280 $91,200
2022 $4,634 $115,560 $14,280 $101,280
2021 $1,862 $102,300 $14,280 $88,020
2019 $1,823 $85,380 $14,280 $71,100
2018 $1,679 $8,238 $1,994 $6,244
2017 $1,588 $7,790 $1,776 $6,014
2016 $1,474 $7,372 $2,270 $5,102
2015 $886 $7,363 $2,264 $5,099
2014 $886 $7,262 $2,388 $4,874
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Casey Soloff

    Compass

    (917) 302-9644

    5 in this area

    27 Total Sales

    Casey Soloff
    Section Image
  • Joshua Golan

    Seller Co-Listing Agent in 2021

    Joshua Golan

    Compass

    (718) 415-4410

    39 in this area

    94 Total Sales

    Joshua Golan
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10711904

Real Estate Board of New York (REBNY)

APN: 01822-0093

New York Kings County Brooklyn 11216 Bed-Stuy

227 Putnam Ave, Brooklyn, NY

Not Listed for Sale

Detached

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