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    Brownstone in Bedford-Stuyvesant, Brooklyn Title is generated by Realmo AI

    436 Putnam Avenue, Brooklyn, NY 11221

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    Claim this Listing
    Pending
    $1,999,999

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    3,432 SF
    Lot size:
    0.04 Acres
    Added:
    Nov 13, 2025
    Days on Market:
    230
    Last Refresh:
    Jul 1 at 5:06 pm

    Property Features for 436 Putnam Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    5
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Basement, Bathroom 5, Bedroom 4, Bedroom 2, Dining Room
    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

    We can help!

    Contact an agent
    Etan Hakimi

    Listing agent Etan Hakimi

    Listing office Mitra Hakimi Realty Group LLC 62 Berkshire Rd, Forest Hills, NY

    Listing date Nov 13, 2025

    MLS# 935480 Listing URL

    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.

    HighLights

    • Multi‑story brick brownstone built in 1915 with finished basement and 5 bedrooms plus multiple full baths
    • Over 3,432 sq ft of living space across several levels with high ceilings and large windows
    • Ground floor includes a first floor bedroom, first floor full bath, and formal dining room
    • Second floor features an open living and dining layout with a powder room and laundry area
    • Third and fourth floors offer four large bedrooms and three full bathrooms
    • Utilities include public water and public sewer; boiler room included in the basement

    Overview

    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.

    Local 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 (±1% cap)
    NOI $120,194 @ 7.0% cap · market cap 6.01%
    Second Best
    Apartment 5plus
    $1.50M
    $1.31M – $1.75M (±1% cap)
    NOI $104,775 @ 7.0% cap · market cap 5.24%
    Theoretical Best
    Specialty Retail
    $2.84M
    $2.49M – $3.32M (±1% cap)
    NOI $198,919 @ 7.0% cap · market cap 9.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.943777
    Latitude
    40.684522

    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 brick brownstone built in 1915 with finished basement and 5 bedrooms plus multiple full baths; Over 3,432 sq ft of living space across several levels with high ceilings and large windows; Ground floor includes a first floor bedroom, first floor full bath, and formal dining room
    More about this property
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