938 Putnam Ave Brooklyn, NY 11221
Bed-Stuy NeighborhoodEstimated payment $13,462/month
Total Views
1,769
5
Beds
5
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Deck
- 1 Fireplace
- Cooling Available
About This Home
INCREDIBLE RATE BUY DOWN OFFER!!!
Potential savings of $2300/month first year and $1200/month second year or permanent rate buy down to 5.375%!!!
Welcome to 938 Putnam Avenue, a beautifully restored Renaissance Revival brownstone built in 1899, blending timeless architectural charm with refined modern finishes. Nestled on a picturesque block in Bedford-Stuyvesant, Brooklyn, this elegant two-family townhouse offers flexible living with a 3-bedroom, 2.5-bathroom owner's duplex and a 2-bedroom, 1-bathroom garden-level rental.
Restored Parlor Level with Original Details
Enter through a grand, refinished entry door into a welcoming tiled vestibule. The parlor level showcases classic craftsmanship with original woodwork, exposed brick, wide plank oak floors, working shutters, and a working wood-burning fireplace. Floor-to-ceiling south-facing windows at the rear flood the living area with natural light, creating a warm, inviting atmosphere.
High-End Chef's Kitchen & Outdoor Space
The open-concept kitchen is a culinary dream, featuring quartz countertops, a striking waterfall island, and a premium suite of appliances: six-burner Wolf gas stove, integrated French door refrigerator, microwave, dishwasher, pot filler, and farmhouse sink. There is custom cabinetry on both sides of the kitchen. Full-glass doors open to a spacious parlor deck, ideal for entertaining and overlooking a peaceful, landscaped garden.
Thoughtfully Designed Bedroom Level
Upstairs, find three bedrooms and two full bathrooms illuminated by three skylights. The primary suite offers a tranquil escape, complete with a spa-like en-suite bathroom featuring a double vanity, a freestanding soaking tub, a glass-enclosed rain shower, and elegant tile work. The second full bath features marble tiling and a shower/tub combo.
Finished Cellar for Versatile Use
Accessible via an internal staircase from the owner's duplex, the finished cellar includes a half bathroom and provides the perfect space for a home gym, media room, office, or creative studio.
Income-Producing Garden Apartment
The garden-level unit is a self-contained 2-bedroom, 1-bathroom apartment with direct backyard access-perfect for rental income, guests, or extended family accommodations.
Peaceful Location in Bedford-Stuyvesant
Chez Alex and Toad Style are a block away and you are minutes away from the many great restaurants on Malcolm X. Peace and playgrounds are a few blocks out at Saratoga Park and convenient subway options connecting you to Manhattan and beyond.
All financing incentives are subject to buyer's creditworthiness, lender approval, and acceptable offer terms. Buyer must independently verify eligibility with their lender. No preferred lender requirement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,564
Year Built
- Built in 1899
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 100.00x18.00
Interior Spaces
- 2-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- Deck
- Cooling Available
Community Details
- 2 Units
- Stuyvesant Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 0037 / 01653
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,565 | $113,460 | $19,560 | $93,900 |
| 2024 | $6,565 | $108,480 | $19,560 | $88,920 |
| 2023 | $4,889 | $101,100 | $19,560 | $81,540 |
| 2022 | $4,751 | $82,740 | $19,560 | $63,180 |
| 2021 | $4,040 | $79,560 | $19,560 | $60,000 |
| 2020 | $3,049 | $79,080 | $19,560 | $59,520 |
| 2019 | $3,538 | $79,260 | $19,560 | $59,700 |
| 2018 | $3,431 | $20,062 | $5,767 | $14,295 |
| 2017 | $3,397 | $19,831 | $6,557 | $13,274 |
| 2016 | $3,119 | $18,709 | $8,355 | $10,354 |
| 2015 | $1,818 | $17,690 | $11,837 | $5,853 |
| 2014 | $1,818 | $16,719 | $11,313 | $5,406 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $2,375,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,325,000 | -- | |
| Deed | $1,120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $1,008,000 | Purchase Money Mortgage | |
| Previous Owner | $612,000 | Purchase Money Mortgage | |
| Previous Owner | $192,500 | Unknown | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20026933
APN: 01653-0037
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