NOT LISTED FOR SALE

571 Putnam Ave Unit 1 Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,602,982 - $2,493,000

9 Beds
6 Baths
3,120 Sq Ft
$613/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2022

Last sale price $1,450,000 $465 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $12,062 / mo

167 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

About This Home

As of March 2022

Prime opportunity! Investor Delight! Recently Constructed Semi-Detached Legal 3 Family Triplex with full basement! Conveniently Located on a quiet residential block! Renovated a couple of years back. No work is needed. Currently fully occupied with excellent rent roll. Each unit has three bedrooms, windows throughout, hardwood floors. Top floor is rented for $2,900, middle floor for $2,700, and bottom floor at $2,600, three parking space rented for a total of $450. Separate Water heater and boiler for each unit! Tenant pays all utilities. The owner is responsible for water and sewer, property taxes, and insurance. Rent Information is furnished upon request. The basement is good for storage. Call for more information!

Last Agent to Sell the Property

Peter Pan

RE Max Edge Group License #10401343266 Listed on: 08/27/2021

RE Max Edge Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Interior Spaces

  • 3,120 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Bedford Stuyvesant Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3120.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 9

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Window Unit(s)
  • Heating: Building Natural Gas, Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Association: No

Building Info

  • New Construction: No
  • Total Stories: 3
  • Year Built: 2005

Tax Info

  • Tax Block: 0
  • Tax Annual: 131364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Mar 14, 2022
Sold by
Fung Benjamin and Yang Yaling
Bought by
Luo De Chi
Seller's Agent
Peter Pan
RE Max Edge Group
Sold Price
$1,450,000
Current Estimated Value
$1,913,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,996
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Oct 30, 2018
Sold by
Putnam Ave Properties Management Corp
Bought by
Fung Benjamin and Yang Yaling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2011
Sold by
Sajous Talia
Bought by
Putnam Ave Properties Management Corp and Pob 190313

Purchase Details

Closed on
May 2, 2006
Sold by
12Sw Corp
Bought by
Sajous Talia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Enes Trading Inc
Bought by
12 Sw Corp

Purchase Details

Closed on
Jul 25, 2002
Sold by
Cohen Lewis Referee and Haye Vivian Defendant
Bought by
Enes Trading Inc
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
Luo De Chi $1,450,000 --
Fung Benjamin $1,388,888 --
Putnam Ave Properties Management Corp $821,000 --
Sajous Talia $799,000 --
12 Sw Corp -- --
Enes Trading Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fung Benjamin $1,040,000
Previous Owner Sajous Talia $639,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $1,450,000 0.0% $465 / Sq Ft
01/20/2022 01/20/22 Off Market $1,450,000 -- --
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

  • Peter Pan

    Seller's Agent in 2022

    Peter Pan

    RE Max Edge Group

    (347) 575-1849

    2 in this area

    109 Total Sales

    Peter Pan
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10814064

Real Estate Board of New York (REBNY)

APN: 01644-0079

New York Kings County Brooklyn 11221 Bed-Stuy

571 Putnam Ave Unit 1, Brooklyn, NY

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

RLS Data display by Homes.com LLC

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