For Sale
Multi family home for sale at 425 Putnam Ave, New York City, NY 11221 | MLS# RLS20091864 | Listing updated on 2026-11-01
Photo 1 of Multi family home for sale at 425 Putnam Ave, New York City, NY 11221 | MLS# RLS20091864 | Listing updated on 2026-11-01
Photo 2 of Multi family home for sale at 425 Putnam Ave, New York City, NY 11221 | MLS# RLS20091864 | Listing updated on 2026-11-01
Photo 3 of Multi family home for sale at 425 Putnam Ave, New York City, NY 11221 | MLS# RLS20091864 | Listing updated on 2026-11-01
Photo 4 of Multi family home for sale at 425 Putnam Ave, New York City, NY 11221 | MLS# RLS20091864 | Listing updated on 2026-11-01
9+
Beds Icon

Street View

$2,300,000

Monthly Est:$11,448

  • Beds Icon5 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,615sqft

425 Putnam Ave, New York City, NY 11221

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  • Multi Family

  • Built in 1899

  • $-- HOA

  • 1,558 sqft lot

  • $636/sq.ft

Description

Welcome to 425 Putnam Avenue, a 19-foot-wide legal two-family brownstone set on one of Bedford-Stuyvesant's most beautiful tree-lined blocks. Spanning approximately 3,615 square feet across four levels - plus a 745 square foot cellar with 7 foot ceilings - this is the kind of property that draws buyers who understand what original Brooklyn architecture actually means, and what it costs to find it intact.

From the moment you arrive, the home announces its pedigree. The original entry door, beautifully preserved, opens into a grand interior staircase that anchors the home and speaks to the craftsmanship of its era. Throughout the property, exposed brick fireplaces appear in multiple rooms - not as decorative afterthoughts, but as original architectural features that give each space a warmth and character that simply cannot be replicated. The scale of the rooms, the ceiling heights, and the quality of the original details place this firmly among the most authentic brownstones available in the neighborhood today.

Light is a genuine asset here. The home receives exceptional natural light throughout the day, further enhanced by skylights that draw the sun deep into the interior. Paired with the open southern exposure typical of Putnam Avenue's north-facing blocks, the result is a home that feels airy and alive at every hour.

The well-appointed kitchen is move-in ready, and the private backyard - generous in scale and fully enclosed - offers the kind of outdoor living space that Brooklyn buyers consistently prioritize and pay a premium for. Below grade, the full cellar level with cement floors provides substantial additional square footage for storage, mechanicals, or future buildout.

The two-family configuration offers immediate flexibility: live in one unit and lease the other, or hold the property as a fully income-producing asset in one of Brooklyn's strongest rental markets. Either way, the carrying costs are manageable and the demand is consistent. Currently utilized as a single family home with multiple kitchens, the property will be delivered vacant.

For buyers with an eye on long-term value, the air rights tell a compelling story. With a current FAR of 2.32 against a residential maximum of 3.0, there are approximately 1,059 square feet of unused, buildable area - a meaningful development opportunity, subject to DOB approval, that adds a dimension of upside that most comparable properties on this block simply cannot offer.The property also offers approximately 1590 square feet of outdoor space, including the existing roof.

Conveniently located near the A and C trains at Nostrand Avenue, and surrounded by the restaurants, cafés, and cultural institutions that have made Bed-Stuy one of Brooklyn's most sought-after addresses, 425 Putnam Avenue represents a rare convergence of original character, functional income potential, and genuine future upside.

Legal 2-family 19' wide 3,615 sq ft Full cellar Private backyard Skylights Exposed brick fireplaces Original staircase & entry door 1,059 sq ft remaining buildable R6B zoning

  • Houzeo last checked: 1 hour ago
  • Listing updated: November 1, 2026 at 4:31 am
  • Listing Provided by: Corrin Thomas (212) 495-9871 , Nick Norman (917) 318-0782 | Serhant (646) 480-7665
  • Source: Rebny MLS-NY | MLS#: RLS20091864 Rebny MLS-NY

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Kings County

  • City

    New York City

  • Neighborhood

    --

  • Year Built

    1899

  • HOA Fees

    -

  • Finished Area

    3,615 sqft

  • Lot Size

    1,558 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Rebny MLS

  • MLS Number

    RLS20091864

  • Days on Market

    166

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 4

Interior

  • Cooling

    Other

  • Interior Features

    High Ceilings, Smoke Free

  • Exterior Features

    Private Outdoor Space Over60sqft

Utilities & Energy

  • Laundry Features

    Washer Hookup, In Unit

  • Fireplace Features

    Decorative

  • Basement

    Other

  • Pool Features

    Building None

Other Features

  • Subdivision Name

    Bedford Stuyvesant

  • Patio And Porch Features

    None

Price History

DateEventPrice

10/15/2026

Source: mls_logoRebny MLS-NY #RLS20091864

Price Decreased

$2,300,000 -4.17%

$636/sqft

09/17/2026

Source: mls_logoRebny MLS-NY #RLS20091864

Price Decreased

$2,400,000 -31.43%

$664/sqft

05/18/2026

Source: mls_logoRebny MLS-NY #RLS20091864

Price Increased

$3,500,000 +27.27%

$968/sqft

05/18/2026

Source: mls_logoRebny MLS-NY #RLS20091864

Listed for Sale

$2,750,000

$761/sqft

Nearby Homes

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, 10:45AM. 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.

Advertising Broker: Derek Greene | The Greene Realty Group

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