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1380 Putnam Ave Brooklyn, NY 11221

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
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Current Use by Public Records

  • Commercial real estate

Property Details for 1380 Putnam Ave

Year built
1997
Property type
Commercial real estate

Description

This exceptional semi-detached two-family home presents a compelling investment opportunity in the heart of Bushwick, Brooklyn. Situated on an extra-large lot measuring 30.08 ft x 100 ft, this property boasts three levels of living space, including a fully finished basement with a kitchenette and full bathroom. The first floor unit offers two bedrooms, 1.5 bathrooms, a walk-in closet, and access to the backyard. The second floor unit features three bedrooms and 1.5 bathrooms. Both units include hardwood floors (except for tile kitchens). The property also includes a private driveway with parking for six or more cars, a large backyard with a shed for storage, and a separate private entrance to the backyard from the basement. The building itself measures 20 x 49 ft. This property is conveniently located just three blocks from Irving Square Park, and within half a mile of the Knickerbocker Avenue M train station and the Halsey Street L train station, with multiple bus stops nearby. The area offers a vibrant mix of shops, restaurants, cafes, and bars. The property is delivered vacant. Zoning is R6, with a FAR of 0.65 and a maximum FAR of 2.43. Annual property taxes are $3,571. There's a good possibility to duplex down the first-floor apartment to the basement. This is a truly remarkable opportunity for discerning investors. All information provided is deemed reliable but is not guaranteed and should be independently verified.


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Location Insight

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City
Brooklyn
County
State
New York
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