Brownstone in Bedford-Stuyvesant,
436 Putnam Avenue Brooklyn, NY 11221
For Sale
$1,999,999
Pending
MULTI_FAMILY - Brooklyn, NY
Property Size3,432 SF
Lot Size0.04 Acres
Days on Market253
Property Features for 436 Putnam Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 2, Dining Room, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 2, Basement
- Interior features
- First Floor Bedroom, First Floor Full Bath, Formal Dining
- Basement
- Full, Storage Space
- Standard status
- Pending
- APN
- 01830-0006
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7430
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Brick
Listing Agency:
Mitra Hakimi Realty Group LLC
(718) 268-5588
Listed By:
Etan Hakimi
(718) 268-5588
Added: Nov 13, 2025
Changed: Jul 17
Last Checked: Jul 24 at 1:06AM
MLS# 935480
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Bedford-Stuyvesant, Brooklyn, 436 Putnam Avenue is a multi-story brownstone with a finished basement on a tree-lined block. This townhouse provides over 3,432 square feet of living space. The ground floor features a living area, updated kitchen, and full bathroom. The second floor includes an open-concept living and dining space with a powder room and laundry area. The third and fourth floors offer four bedrooms and three full bathrooms. The finished basement includes a recreation space and boiler room. The property has high ceilings and large windows. It is located near cafes, restaurants, and shops, with access to A, C, and G trains. The lot size is 0.0419 acres.
Key Highlights
- Multi‑story Brooklyn brownstone built in 1915 with brick construction
- Finished basement includes large recreation space plus a boiler room
- Interior includes a first floor bedroom and first floor full bath
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $175.0k | $51.00 |
| − Vacancy | −$3.3k | −$0.97 |
| EGI | $171.7k | $50.03 |
| − OpEx | −$51.5k | −$15.01 |
| NOI | $120.2k | $35.02 |
3,432 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.72M
$1.50M – $2.00M
NOI $120,194 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$1.50M
$1.31M – $1.75M
NOI $104,775 @ 7.0% cap · market cap 5.24%
Theoretical Best
Specialty Retail
$2.84M
$2.49M – $3.32M
NOI $198,919 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Multi-story brownstone with finished basement in prime Brooklyn location.
Where is this duplex located?
The property is located at 436 Putnam Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Multi‑story Brooklyn brownstone built in 1915 with brick construction; Finished basement includes large recreation space plus a boiler room; Interior includes a first floor bedroom and first floor full bath
