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Street View
$3,200,000
Monthly Est:$15,928
12 Beds
6 Baths6 full baths
1,625sqft
1299 Putnam Ave, Brooklyn, NY 11221
$3,200,000
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Multi Family
Built in 1903
$-- HOA
2,500 sqft lot
$1,969/sq.ft
Description
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. 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-
- Houzeo last checked: 2 minutes ago
- Listing updated: September 24, 2026 at 6:39 pm
- Listing Provided by: Shai Bernstein (718) 708-3350 , Noam Y Gottlieb (646) 709-5052 | Douglas Elliman Real Estate (212) 891-7000
- Source: Rebny MLS-NY | MLS#: RLS20100661
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1903
HOA Fees
-
Finished Area
1,625 sqft
Lot Size
2,500 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20100661
Days on Market
124
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Cooling
Central Air
Exterior Features
None
Interior Features
Smoke Free
Utilities & Energy
Pool Features
Building None
Basement
Other
Laundry Features
Building Other
Other Features
Patio And Porch Features
None
Subdivision Name
Bushwick
Price History
| Date | Event | Price |
|---|---|---|
06/30/2026 Source: | Listed for Sale | $3,200,000 $1,969/sqft |
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The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 01, 2026, 04:00PM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.
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