Listed price in listed location currency (USD).
$3,200,000

1260

MLS® RLS20100661

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage 
Taxes $15,972
Days Active 18
Lot Size 2500 SF
Approx. Age 1903
MLS® Number RLS20100661

Property Address: 1299 Putnam Ave, Brooklyn, NY, 11221-5030

Average square foot calculated using Size range provided by listing agent.

Description

<p> 1299 Putnam Avenue presents a compelling opportunity to acquire a newly renovated six-unit multifamily property in Brooklyn with strong in-place income and meaningful upside potential. Spanning approximately 5, 000 square feet, the building measures 25 by 65 feet and underwent a full substantial rehabilitation beginning in 2018, culminating in a new Certificate of Occupancy received in 2020.</p> <p> The property offers a projected NOI of approximately $192, 000 and is being offered at a 6% capitalization rate, providing investors with attractive current cash flow supported by recent building-wide improvements. With its updated condition, strong income profile, and long-term value-add potential, 1299 Putnam Avenue is well positioned as a compelling multifamily investment opportunity.</p> <strong></strong> <p> </p>
MLS® NumberRLS20100661
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1903
BasementOther
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 30, 2026List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1299 Putnam Ave, Brooklyn, NY

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