Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
137 Putnam Avenue
Interested in this property?
Active For Sale Multi Family

$2,850,000

$1,035 per sq ft

137 Putnam Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20088816

RLS at REBNY

Listing by Compass

Open House Scheduled

Saturday, May 9 • 1:00 PM – 3:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

5

Bedrooms

3.5

Baths

2,753

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4 full, 1 half
Living Area 2,753 sq ft
Year Built 1901
Ownership None
HOA/Common Charges $250/mo
Property Taxes $2,772/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 2

Property Highlights

  • Views: City, Garden, Neighborhood
  • Exposure: North,South facing
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 3 Full, 1 Half
Floor 1 of 2
View City, Garden, Neighborhood
Exposure North,South
Heating Central, Natural Gas
Pets Yes
Year Built 1901
Living Area 2,753 sq ft
Structure Type House,MultiFamily
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 01989-0048
Block/Lot 01989/0048

Listing History

Event Date Price Change
Listed May 5, 2026 $2,850,000 -
Currently May 5, 2026 $2,850,000 -

Description

Welcome to 137 Putnam Avenue, a rare and generous 25-foot-wide, two-family property set on a 100-foot-deep lot, perfectly positioned on tree-lined block where Clinton Hill meets Bedford-Stuyvesant. Thoughtfully renovated about 12 years ago and well-maintained, this elegant residence seamlessly blends classic Brooklyn charm with modern comfort. Configured as a gracious and well appointed owner’s duplex and a spacious two-bedroom top floor rental, this home offers both refined living and excellent income potential. The owner’s duplex unfolds across the garden and parlor levels, designed with an emphasis on light, space, and effortless flow. The garden level presents an open-concept layout: a thoughtfully designed chef’s kitchen overlooking the lush garden, a generous dining area ideal for entertaining, and a sunlit living room at the front of the home adjacent to a private entrance. A powder room and dedicated laundry room add convenience to this level. Upstairs, the parlor floor impresses with soaring 9.5-foot ceilings, rich oak hardwood flooring, and an abundance of natural light. The serene and spacious primary suite is facing the tranquil garden and features dual closets and a spa-like en-suite bath with an oversized shower. Two additional bedrooms, both with ample closet space share a full bathroom with a soaking tub. The top-floor residence, accessible via a separate entrance above the stoop, is equally inviting. This well-kept apartment offers two peaceful garden-facing bedrooms, a full bath with a tub and a bright, expansive living and dining area bathed in natural light. The open kitchen comes with a dishwasher, gas stove and microwave, while an in-unit washer and dryer enhance everyday ease. The semi-finished basement provides additional flexibility and houses updated mechanical systems, all in excellent condition. Each unit benefits from its own gas boiler and water heater, and the home’s electrical system has been fully upgraded. Ideally located, moments from the vibrant dining and cultural scene along Franklin Avenue, this townhouse offers the perfect balance of tranquility and connectivity with the nearby access to the C train providing an easy commute to Manhattan, in addition to the elevated Shuttle. Additionally, the LIRR at the Nostrand Avenue station (approximately a 10-minute walk away) is providing access to the City Terminal Zone and various Long Island branches. Last but not least, this unicorn comes with a huge amount of FAR (approximately 2,250 sf). Check the final number with your architect, but you can basically double the buildable area up to 5,000 sf. Property will be delivered vacant at closing. First open house: Saturday, May 9 from 1:00 PM to 3:00 PM No appointment necessary and no showings before the first open house. Please email me for additional information.

Features & Amenities

Interior Features

Granite Counters High Ceilings His And Hers Closets Kitchen Island Pantry Water Sense Fixtures In Unit See Remarks Flooring: Hardwood Double Pane Windows

Exterior Features

Private Outdoor Space Over60 Sqft Private Yard

Appliances

Cooktop Dishwasher Energy Star Qualified Appliances Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure House,MultiFamily

Financial Details

Common Charges $250/mo
RE Taxes $2,772/yr ($231/mo)

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

99

Median Asking Price

$1.25M

Median $/Sqft

$946

Avg Days on Market

N/A

New This Week

11

Price Reduced

18%

Sold (30 Days)

14

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/5/26, 12:43 PM EST

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Location

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137 Putnam Avenue, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $158,880
Land Value: $20,940
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,500 SF
Building Area: 2,753 SF
Built FAR: 1.1
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $250 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,772, or roughly $231 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,753 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,850,000 for 2,753 sq ft, the asking price per square foot is approximately $1,035. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20088816
First Listed: 5/5/2026
On Market: 5/5/2026
Price Changed: 5/5/2026
Contract Date: 3/1/2026

Listing Courtesy of Compass - Patricia Cecile Charlotte Laligant

Listing Contact: (917) 362-7749

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 4:43 PM UTC

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