NOT LISTED FOR SALE

Estimated Value: $783,000 - $1,097,000

2 Beds
2 Baths
827 Sq Ft
$498/mo HOA Fee

Last Sold April 20, 2021

Last sale price $752,500 $910 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,522/month

520 Days on Market

Highlights

  • Pre War Building
  • Central Air
  • 3-minute walk to Hattie Carthan Playground
  • Intercom
  • South Facing Home

About This Home

As of April 2021

Residence 2 at 437 Putnam Ave, located on the parlor level, is the perfect apartment for the discerning buyer who wants a modern touch to the classic Brownstone home. Residence 2 features soaring ceilings, an abundance of daylight, restored fireplace and window cornices, central A/C, in-unit washer/dryer, en-suite master bathroom along with a full guest bathroom and much more.

Enter the apartment and immediately be in awe of the high, parlor level ceilings. The open kitchen layout allows for flexibility regarding the living and dining space. The kitchen comes equipped with stainless steel appliances that include a dishwasher, refrigerator, and stove. Quartz countertops complete the picture of the efficient and compact kitchen area. This area also has a large window allowing for natural light to come through the space.

Residence 2 features bedrooms on opposite sides allowing for complete privacy and tranquility throughout the apartment. The master is a unique area that feels secluded from the rest of the apartment. With windows on both sides, this bedroom is a rarity in today's 2 bedroom condo market. Any sized bed fits comfortably along with furniture. The en-suite master bathroom and large closet complete the picture. The 2nd bedroom also features a closet along with the decorative, restored fireplace and beautifully detailed window cornices. This room is sure to wow!

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: 09/27/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1900

HOA Fees

  • $498 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • 827 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • 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

$4,212

Year Built

Built in 1900

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • Cross Street: Tompkins Avenue/Throop Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 827.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • 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: 498.0
  • 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: No
  • Total Stories: 4
  • Year Built: 1900

Tax Info

  • Tax Block: 1825
  • Tax Lot: 70
  • Tax Annual: 4212.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Apr 20, 2021
Sold by
Yor Management Llc
Bought by
Bigland Mitchell Reid
Seller's Agent
Noel Borbon
Compass
List Price
$752,500
Sold Price
$752,500
Current Estimated Value
$917,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,372
Avg. Annual Appreciation
4.48%
Original Mortgage
$602,000
Outstanding Balance
$544,401
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$373,471
Source: Public Records

Range of Values:

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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
Bigland Mitchell Reid $752,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigland Mitchell Reid $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $752,500 0.0% $910 / Sq Ft
09/27/2019 09/27/19 For Sale $752,500 -- $910 / 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 $2,357 $122,785 $21,240 $101,545
2024 $2,357 $109,982 $21,240 $88,742
2023 $2,228 $97,762 $21,240 $76,522
2022 $2,143 $96,113 $21,240 $74,873
2021 $2,148 $76,910 $21,240 $55,670
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10643217

Real Estate Board of New York (REBNY)

APN: 01825-1202