NOT LISTED FOR SALE

Estimated Value: $1,411,000 - $2,402,000

4 Beds
5 Baths
2,132 Sq Ft
$827/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2021

Last sale price $2,250,000 $1,055 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $9,659 / mo

91 Days on Market

About This Home

As of October 2021

Welcome to 241 Putnam Avenue, a glorious four story, two family townhome with a huge owner?s triplex, manicured backyard, stylish exposed brick, other original details, and all the modern conveniences that you expect including; central heat and air, Bluetooth speakers, and tons of closets. The owner?s triplex has 4 bedrooms and 3.5 bathrooms including a floor-through master suite! A double door entry foyer with a coat closet leads to a large living room highlighted by 7? American Walnut floors and complete with a decorative fireplace. The dining room leads directly to the open concept kitchen with top of the line Miele appliance package, double pantries, and access to the large deck off of the kitchen that leads to the landscaped backyard. A powder room is also located on this level. On the second floor, a one of a kind master suite awaits. With space for a King size bed, a walk through dressing area with 5 closets, and an enormous spa like bathroom with double vanity, decorative fireplace, deep soaking tub, and stand up shower. The penthouse floor has three spacious bedrooms, two bathrooms, and double skylights. Each room can comfortable fit beds plus extra furniture, and the mini master has its own en-suite bathroom. On the garden level, a large one bedroom duplex apartment with one and a half bathrooms can easily generate approx. $3,000/month. 241 Putnam is located in the epicenter of eateries and shopping, with excellent options up and down Nostrand and Bedford Avenue as well as Fulton Street. Subways are located a short walk away on Nostrand and Franklin Ave, as well as the G train at Franklin-Nostrand.

Last Agent to Sell the Property

Daniel Cohen

Corcoran Group License #10401261296 Listed on: 07/08/2021

Corcoran Group

Co-Listed By

Edward Ugrinsky

Corcoran Group License #10401283710

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 4-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Community Details

  • 2 Units
  • Bedford Stuyvesant Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Bedford Ave & Nostrand Ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bedford - Stuyvesant
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Oct 22, 2021
Sold by
Brook Ln Holdings Llc
Bought by
241 Putnam Llc
Seller's Agent
Daniel Cohen
Corcoran Group
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%
Current Estimated Value
$1,763,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$486,214
Avg. Annual Appreciation
-5.24%

Purchase Details

Listed on
Jul 22, 2020
Closed on
Oct 28, 2020
Sold by
Jeffrey Dwayne T
Bought by
Brook Ln Holdings Llc
Seller's Agent
Jean Torralba
Nexx Homes Realty Inc
Buyer's Agent
Jean Torralba
Nexx Homes Realty Inc
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
387.07%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Cecil George R
Bought by
Jeffrey Dwayne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.67%

Purchase Details

Closed on
Jun 13, 2003
Sold by
Cecil George R
Bought by
Cecil George R
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
241 Putnam Llc $2,250,000 --
241 Putnam Llc $2,250,000 --
241 Putnam Llc $2,250,000 --
Brook Ln Holdings Llc $500,000 --
Brook Ln Holdings Llc $500,000 --
Brook Ln Holdings Llc $500,000 --
Jeffrey Dwayne T $470,000 --
Jeffrey Dwayne T $470,000 --
Cecil George R -- --
Cecil George R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brook Ln Holdings Llc $500,000
Previous Owner Jeffrey Dwayne T $94,000
Previous Owner Jeffrey Dwayne T $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $2,250,000 -9.8% $1,055 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $2,495,000 +399.0% $1,170 / Sq Ft
11/12/2020 11/12/20 Sold $500,000 0.0% $235 / Sq Ft View Prior Sale
07/22/2020 07/22/20 For Sale $500,000 -- $235 / 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 $4,462 $120,480 $13,380 $107,100
2024 $4,462 $95,160 $13,380 $81,780
2023 $4,311 $108,120 $13,380 $94,740
2022 $4,214 $88,500 $13,380 $75,120
2021 $2,450 $80,640 $13,380 $67,260
2020 $1,218 $97,800 $13,380 $84,420
2019 $2,404 $84,360 $13,380 $70,980
2018 $2,215 $10,866 $2,495 $8,371
2017 $2,093 $10,268 $2,138 $8,130
2016 $1,940 $9,703 $2,728 $6,975
2015 $1,168 $9,703 $2,911 $6,792
2014 $1,168 $9,578 $3,450 $6,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10730798

Real Estate Board of New York (REBNY)

APN: 01822-0085

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