479 Putnam Ave Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated payment $17,341/month
Highlights
- Wood Flooring
- Living Room
- 5-minute walk to Hattie Carthan Playground
- Furnished
- Baseboard Heating
About This Home
479 Putnam Avenue is a turnkey multi-family brownstone located in the heart of Bedford-Stuyvesant, Brooklyn. The building features three gut-renovated, income-producing 3-bedroom apartments, offering an excellent opportunity for either an investor or an owner-occupant looking to live in one unit and generate rental income from the others. Each unit has split level a/c and heating units plus baseboard heating. Unit 1 is a spacious garden triplex with 3/4 bedrooms, 3 bathrooms, a private backyard, and a large, finished basement. The backyard is accessible from the kitchen deck, or via a comfortable sitting room and provides ideal space for outdoor entertaining, dining, gardening, or relaxation. The finished basement offers substantial recreation and storage space. The master bedroom has an en suite bathroom with standup shower. Units 2 and 3 each feature 3 bedrooms and 1 bathroom, with bright open-concept layouts, generous natural light, and well-proportioned bedrooms. Situated on a beautiful tree-lined block, the property is close to a wide variety of restaurants, nightlife, and neighborhood amenities while still offering a quiet and private residential setting. There are several parks and playgrounds in the immediate area, plus is close to subways, buses and LIRR. The property has been fully renovated and presents strong income-producing potential with three updated units. Whether purchased as an investment or as a primary residence with rental income opportunities, it offers significant value and flexibility. Lot size is 19x100 and the building size is 19x45. This building offers approximately 3420 sqft of interior living space across 4 stories. The house can be sold fully furnished, if desired. Please let me know if you would like additional details or would be interested in scheduling a viewing.
Property Details
Home Type
- Multi-Family
Year Renovated
- 2022
Home Design
- Block Exterior
Interior Spaces
- 3-Story Property
- Furnished
- Living Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- Bedford Stuyvesant Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,922 | $144,180 | $15,480 | $128,700 |
| 2025 | $4,879 | $111,060 | $15,480 | $95,580 |
| 2024 | $4,879 | $117,780 | $15,480 | $102,300 |
| 2023 | $4,657 | $125,160 | $15,480 | $109,680 |
| 2022 | $4,320 | $137,160 | $15,480 | $121,680 |
| 2021 | $4,297 | $116,820 | $15,480 | $101,340 |
| 2020 | $3,219 | $97,620 | $15,480 | $82,140 |
| 2019 | $3,757 | $92,700 | $15,480 | $77,220 |
| 2018 | $3,895 | $19,108 | $3,469 | $15,639 |
| 2017 | $3,676 | $18,032 | $4,143 | $13,889 |
| 2016 | $3,402 | $17,017 | $5,277 | $11,740 |
| 2015 | $2,052 | $17,017 | $6,381 | $10,636 |
| 2014 | $2,052 | $16,869 | $6,505 | $10,364 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $990,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $192,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $742,500 | Purchase Money Mortgage | |
| Previous Owner | $938,250 | No Value Available | |
| Closed | $200,000 | No Value Available |
Source: NY State MLS
MLS Number: 11985421
APN: 01825-0049
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.