USANYNew York CityBedford-StuyvesantEntire-Building-718 Putnam Avenue

Entire Building-718 , New York City, NY

Name: Entire Building - 718 , For Sale in New York City - eXp Realty
Brand: Sothebys International Realty
SKU: RLS20075930
Price: 2750000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,750,000

760

MLS® RLS20075930

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential

Size 3100 sqft

Garage

Taxes $10,848

Days Active 131

Lot Size 2000 SF

Approx. Age 1910

Avg. Price Per Sqft $887

MLS® Number RLS20075930

Property Address: entire-building-718 Putnam Avenue, New York City, NY, 11221

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

Description

718 Putnam Avenue | Classic Brooklyn Brownstone with Exceptional Income Potential A rare opportunity to own a classic Brooklyn brownstone while benefiting from substantial supplemental rental income. Offered at $2, 750, 000, this legal four-family brownstone offers exceptional flexibility for an owner-occupant, multi-generational household, or live-plus-income buyer. The property combines a spacious owner's residence with three free-market apartments, providing meaningful income while enjoying the lifestyle of a private brownstone. Currently configured with a generously proportioned owner's garden triplex spanning the lower level, garden, and parlor floors, the home is complemented by three income-producing apartments above. Designed for today's evolving lifestyles, the layout easily accommodates long-term guests, home offices, or multi-generational living while maintaining privacy. Several leases expire throughout 2026, creating opportunities to expand owner occupancy, reposition rents, or reconfigure the home over time. The owner's triplex may also be delivered vacant, as it is currently occupied on a month-to-month basis. All apartments are fully free-market, providing maximum flexibility without rent-stabilization restrictions. The property currently generates approximately $189, 720 in annual gross rental income. The owner's triplex is leased at $7, 300/month ($87, 600 annually), while the remaining apartments generate $2, 350, $2, 750, and $3, 410 per month. Recent improvements include renovated kitchens and bathrooms, updated flooring, contemporary lighting, a finished lower level incorporated into the owner's residence, a professionally hardscaped rear garden, rebuilt front stoop, and individual mini-split heating and cooling systems throughout, allowing tenants to pay their own utilities. Whether you're seeking a distinguished Brooklyn residence with income, a long-term multi-generational home, or an investment with future owner-occupancy potential, 718 Putnam Avenue offers an exceptional combination of character, flexibility, and income-producing capability.

MLS® NumberRLS20075930

Laundry LevelCommon On Floor

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1910

Basement

Driveway

Garage Spaces

Heat

A/COther

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 9, 2026List Date

$2,750,000List Price

Commute

Commute

Starting Address

Destination Address

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