NOT LISTED FOR SALE

702 Putnam Ave Brooklyn, NY 11221

Bed-Stuy Neighborhood

Estimated Value: $1,511,000

8 Beds
6 Baths
3,500 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2018

Last sale price $1,230,000 $351 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,522 / mo

33 Days on Market

About This Home

As of May 2018

This Is An Excellent Opportunity For Either An Investor Or A User To Own This Romanesque Style 4 Unit Brownstone. Unique Layout Design With Two Duplex Apartments On The 3rd And 4th Floors (Front And Rear). 1st And 2nd Fl Are "Floor Through Layouts" Mahogany Paneling On The Staircases And Doors. Fireplaces Throughout The Building. As-Is Cash Deals Only!!, Additional information: Appearance:Very Good,Interior Features:Lr/Dr,Separate Hotwater Heater:Y

Last Agent to Sell the Property

Sal Joseph Crifasi

Crifasi Real Estate Inc Brokerage Phone: 718-782-4411 License #10301205163 Listed on: 02/04/2018

Last Buyer's Agent

Sal Joseph Crifasi

Crifasi Real Estate Inc Brokerage Phone: 718-782-4411 License #10301205163 Listed on: 02/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 1899

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100

Home Design

  • Quadruplex
  • Stone Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 25 / 1650
  • Assessor Parcel Number 01650-0025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,944

Year Built

Built in 1899

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Quadruplex
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1899
  • Attribution Contact: 718-782-4411
  • CurrentPrice: 1230000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Full Bathrooms: 6
  • Basement: Unfinished
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Stone
  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 20X100
  • Lot Size Sq Ft: 2000
  • Parcel Number: 01650-0025
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 4

Tax Info

  • Tax Annual Amount: 4944
  • Tax Block: 1650
  • Tax Lot: 25

MLS Schools

  • Middle School District: Brooklyn 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
702 Putnam Brooklyn Llc and 702 Putnam Condominiums Llc
Bought by
Bruno Michael V and Stevens Rebecca J
Current Estimated Value
$1,511,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,613
Outstanding Balance
$241,120
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,269,880

Purchase Details

Closed on
Aug 1, 2019
Sold by
702 Putnam Corp
Bought by
702 Putnam Condominiums Llc

Purchase Details

Listed on
Feb 4, 2018
Closed on
May 11, 2018
Sold by
Montesano As Referee Michael A
Bought by
702 Putnam Corp
Seller's Agent
Sal Joseph Crifasi
Crifasi Real Estate Inc
Buyer's Agent
Sal Joseph Crifasi
Crifasi Real Estate Inc
List Price
$1,500,000
Sold Price
$1,230,000
Premium/Discount to List
-$270,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$1,300,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2007
Sold by
Pesa Christopher F
Bought by
702 Putnam Avenue Llc

Purchase Details

Closed on
Aug 30, 2005
Sold by
Powerhouse Realty Corp
Bought by
Pesa Christopher F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,968
Interest Rate
5.84%

Purchase Details

Closed on
Mar 7, 2005
Sold by
Johnson Joan
Bought by
Powerhouse Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Phoenix Cascade Llc
Bought by
Johnson Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Bruno Michael V -- --
Coburn Christopher -- --
702 Putnam Condominiums Llc $2,100,000 --
702 Putnam Corp $1,230,000 --
702 Putnam Corp $1,230,000 --
702 Putnam Avenue Llc -- --
702 Putnam Avenue Llc -- --
702 Putnam Avenue Llc -- --
Pesa Christopher F $735,000 --
Pesa Christopher F $735,000 --
Pesa Christopher F $735,000 --
Powerhouse Realty Corp $585,000 --
Powerhouse Realty Corp $585,000 --
Powerhouse Realty Corp $585,000 --
Johnson Joan -- --
Johnson Joan -- --
Phoenix Cascade Llc -- --
Phoenix Cascade Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coburn Christopher $247,613
Previous Owner 702 Putnam Corp $1,300,000
Previous Owner Pesa Christopher F $611,968
Previous Owner Powerhouse Realty Corp $580,000
Previous Owner Phoenix Cascade Llc $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Off Market $1,230,000 -- --
05/11/2018 05/11/18 Sold $1,230,000 -18.0% $351 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $1,500,000 -- $429 / Sq Ft
Source: OneKey® MLS

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
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $5,167 $36,480 $13,800 $22,680
2021 $5,139 $24,420 $13,800 $10,620
2020 $2,913 $142,200 $14,850 $127,350
2019 $5,641 $118,350 $14,850 $103,500
2018 $5,267 $41,412 $6,240 $35,172
2017 $4,877 $38,346 $6,660 $31,686
2016 $4,944 $38,346 $7,357 $30,989
2015 $2,972 $37,156 $8,285 $28,871
2014 $2,972 $34,404 $9,230 $25,174
Source: Public Records

Agents Affiliated with this Home

  • Sal Joseph Crifasi

    Seller's Agent in 2018

    Sal Joseph Crifasi

    Crifasi Real Estate Inc

    (718) 908-4223

    86 Total Sales

    Sal Joseph Crifasi
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Map

Source: OneKey® MLS

MLS Number: L3001845

OneKey® MLS

APN: 01650-0025

New York Kings County Brooklyn 11221 Bed-Stuy

702 Putnam Ave, Brooklyn, NY

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