NOT LISTED FOR SALE

Estimated Value: $1,862,090 - $2,550,000

2 Beds
2.5 Baths
1,645 Sq Ft
$534/mo HOA Fee

Last Sold May 20, 2021

Last sale price $1,085,000 $660 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $12,138/month

40 Days on Market

Highlights

  • Newly Remodeled
  • Intercom
  • 3-minute walk to Hattie Carthan Playground
  • Pre War Building
  • Central Air

About This Home

As of May 2021

Immediate move-in allowed.

Residence 1 of 437 Putnam Ave is a garden level, large 2 bedrooms, 2.5 bathroom duplex with a private backyard. The 1st floor is 1039 square footage featuring a large extension giving owners a real primary bedroom along with multiple windows. The apartment has a restored fireplace in the living room, in-unit washer/dryer, en-suite primary bathroom, hardwood floors throughout and tiles in the cellar, central A/C and spacious kitchen/living area.

The apartment spans the full 19ft width of the brownstone which allows for an expansive open kitchen layout. This setup allows for both a large dining area as well as a living area. The kitchen comes equipped with stainless steel appliances that include a dishwasher, refrigerator, and stove. Quartz countertops complete the picture. This area also has 2 large windows allowing for natural light to come through.

Residence 1 features two real bedrooms and two full bathrooms (one guest bathroom, the other is en-suite). The primary features a large closet, en-suite bathroom and a door leading to the backyard. Access to the backyard is also present via the cellar allowing owners to entertain in 717 square feet backyard without having to go through their bedroom. The cellar is a charming, open space that features original brick archways, half bathroom, and storage space.

Gardeners will love the private backyard. The space currently has multiple sprinkler-heads, pavers, gravel, gardening soil and two raised-beds. All that is missing is the owner with a green-thumb.

437 Putnam Ave is the most anticipated Brownstone condo conversion in Bedford Stuyvesant. After a thoughtful and meticulous gut renovation, these condos await their new owners. All 4 residences are 2 bedrooms, 2 bathrooms with Residence 1, 3 and 4 having private outdoor spaces. Located off of Tompkins Avenue, the condo building is on one of the best blocks in Bed-Stuy; future owners have the best that Bed-Stuy has to offer just feet away. 437 Putnam is accessible by the A/C trains on Nostrand Avenue stop or the C train on Kingston-Throop stop. The G train off of the Bedford-Nostrand stop is also close.

Last Agent to Sell the Property

Noel Borbon

Compass License #10401258856 Listed on: 01/29/2021

Compass

Co-Listed By

Aaron Seawood

Compass License #10301207047

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1900 | Newly Remodeled

Lot Details

  • 1,917

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 1,645 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Bedford Stuyvesant Subdivision

Listing and Financial Details

  • Legal Lot and Block 70 / 1825

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,775

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 1645.0
  • Living Area Units: Square Feet
  • Accessibility Features: Wheelchair Access

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 534.16
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 19.0 x 100.0

Building Info

  • New Construction: Yes
  • Total Stories: 4
  • Year Built: 1900

Tax Info

  • Tax Block: 1825
  • Tax Lot: 70
  • Tax Annual: 5774.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Adereth Yoav and Avital Omer
Bought by
Y O R Management Llc
Current Estimated Value
$2,206,045

Purchase Details

Closed on
Jan 8, 2015
Sold by
Bakhshi David
Bought by
Y O R Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Y O R Management Llc -- --
Y O R Management Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Y O R Management Llc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $1,085,000 0.0% $660 / Sq Ft
01/29/2021 01/29/21 For Sale $1,085,000 -- $660 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10696446

Real Estate Board of New York (REBNY)

APN: 01825-7503