NOT LISTED FOR SALE

516 Putnam Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,379,000 - $2,214,000

5 Beds
3 Baths
3,240 Sq Ft
$601/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2022

Last sale price $1,320,000 $407 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,001 / mo

2273 Days on Market

About This Home

As of October 2022

Standing handsomely on a tree lined street located in the heart of Bedford Stuyvesant is a potential masterpiece awaiting the right vision to restore what once was. Built on a 18x 100 lot, this 18x45 solid structure, and will require some TLC, and priced as such. Can be a very solid income producer if done the right way. Will be delivered vacant. Pics and floorplan to follow shortly

Last Agent to Sell the Property

Sean Henry

Compass License #10301215382 Listed on: 09/19/2019

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 18.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 3,240 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 1831

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Throop Avenue/Marcus Garvey Boulevard
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3240.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1831
  • Tax Lot: 13

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 7, 2022
Sold by
Bought by
Seller's Agent
Sean Henry
Compass
Sold Price
$1,320,000
Current Estimated Value
$1,947,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,380
Avg. Annual Appreciation
10.80%
Original Mortgage
$325,000
Interest Rate
0.0589%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
0.0639%

Purchase Details

Closed on
Oct 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
0.0571%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,850
Interest Rate
0.075%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 1998
Sold by
Bought by
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

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 Buyer Sale Price Title Company
$1,320,000 --
$610,000 --
-- --
-- --
$239,000 Commonwealth Land Title Ins
$80,000 Commonwealth Land Title Ins
$10,000 Nations Title Insurance
Source: Public Records

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 Borrower Loan Amount
Open $143,000
Open $325,000
Previous Owner $122,000
Previous Owner $488,000
Closed $310,000
Previous Owner $238,850
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Price Changed $1,320,000 0.0% $407 / Sq Ft
10/07/2022 10/07/22 Sold $1,320,000 0.0% $407 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/30/2020 03/30/20 For Sale -- -- --
01/07/2014 01/07/14 For Sale $1,320,000 -- $407 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $5,051 $136,980 $21,780 $115,200
2025 $5,008 $121,440 $21,780 $99,660
2024 $5,008 $107,880 $21,780 $86,100
2023 $4,780 $107,400 $21,780 $85,620
2022 $4,434 $105,120 $21,780 $83,340
2021 $4,410 $81,180 $21,780 $59,400
2020 $2,192 $93,180 $21,780 $71,400
2019 $4,347 $87,780 $21,780 $66,000
2018 $3,999 $19,615 $5,469 $14,146
2017 $3,773 $18,511 $4,166 $14,345
2016 $3,491 $17,464 $5,305 $12,159
2015 $2,106 $17,464 $7,890 $9,574
2014 $2,106 $17,317 $9,393 $7,924
Source: Public Records

Agents Affiliated with this Home

  • Sean Henry

    Seller's Agent in 2022

    Sean Henry

    Compass

    (718) 216-3064

    2 in this area

    5 Total Sales

    Sean Henry
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825069

Real Estate Board of New York (REBNY)

APN: 01831-0013

New York Kings County Brooklyn 11221 Bed-Stuy

516 Putnam Ave, Brooklyn, NY

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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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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