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    289 Putnam Ave, Unit 1 Brooklyn, NY 11216

    For Sale
    $2,399,000

    Other - Brooklyn, NY

    Type:Multi Family
    Days on Market:
    14
    Last Refresh:
    Dec 8 at 11:06 pm

    Property Features for 289 Putnam Ave

    General Information

    Property type
    Other
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    01822-0060
    Parking features
    On Street
    Interior features
    Storage
    EntryLevel
    1
    Exterior features
    Garden

    Utilities

    Heating system
    Natural Gas
    Cooling system
    ENERGY STAR Qualified Equipment

    Building Details

    Year built
    1910
    Flooring type
    Hardwood
    Architectural style
    Other

    Engel & Völkers Brooklyn Cobble Hill (917) 568-6525 [email protected]

    Listing agent Anat Haya Klein (917) 568-6525

    Listing date Nov 25, 2025

    MLS# RLS20058049 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Brownstone Investment Opportunity

    This move-in ready three-family brownstone is located on a tree-lined block between Nostrand and Bedford Avenue in Brooklyn. Set on a 20’ x 100’ lot, the home offers approximately 2,800 square feet of living space across three levels. It includes a finished basement with storage and separate gas and electric meters for each unit. Gut renovated in 2016 with additional updates in 2022, the property combines historic character with modern comfort. It features a gas heating system, hardwood floors, high ceilings, and oversized windows. The garden level features a one-bedroom, one-bath residence with an open kitchen, a large island, granite countertops, and stainless-steel appliances including a dishwasher. A mudroom opens to a 20' x 49' backyard. The parlor floor showcases original details and a sun-drenched living area, alongside an open kitchen and a windowed bath finished with subway tiles. The second-floor apartment offers a living space with an open kitchen, king-sized bedroom, and a flex room. The property can be converted to a two-family with an income-producing unit. Located minutes from the A/C trains at Nostrand Avenue and the G train at Bedford/Nostrand, residents have access to local cafes, restaurants, and boutiques.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.950629
    Latitude
    40.684102

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    FAQs

    What type of property is this?
    Triplex - Move-in ready three-family brownstone in the heart of Bed-Stuy.
    Where is this triplex located?
    The property is located at 289 Putnam Ave, Unit 1 Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - Move-in ready, renovated (2016 & 2022) three-family brownstone in prime Bed-Stuy location.; - Income-producing potential with separate gas and electric meters for each unit; potential 4-5% gross annual return.; - Versatile property: Can be easily converted to a two-family with an income-producing unit or used as a single-family home.
    (917) 568-6525
    Request Owner's contact information
    289 Putnam Ave, Unit 1 Brooklyn, NY 11216
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    Brooklyn, NY 11216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    289 Putnam Ave, Unit 1 Brooklyn, NY 11216
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