Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1171 Putnam Avenue

For Sale · Listing by Corcoran Group

1171 Putnam Avenue

Bushwick, Brooklyn

$1,650,000

Interested in this property?
Active For Sale • Multi Family

$1,650,000

$413 per sq ft

1171 Putnam Avenue

Bushwick, Brooklyn

MLS® #RLS20126542

RLS at REBNY

Listing by Corcoran Group

5
Bedrooms
4
Baths
4,000
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 4,000 sq ft
Lot Size 2,000 sq ft
Year Built 1910
Ownership None
Property Taxes $39,924/yr
Neighborhood Bushwick
Floor 1 of 3

Property Highlights

  • Views: Garden, Neighborhood, Skyline
  • Exposure: East,North,South facing
  • Outdoor Space: Patio

Property Details

Type Multi Family
Ownership None
Total Rooms 14
Baths 4 Full
Floor 1 of 3
View Garden, Neighborhood, Skyline
Exposure East,North,South
Cooling Other
Pets Yes
Year Built 1910
Living Area 4,000 sq ft
Structure Type MultiFamily,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 2,000 sq ft
Parcel # 03367-0048
Block/Lot 03367/0048

Listing History

Event Date Price Change
Listed Nov 12, 2026 $1,650,000 -
Currently Nov 13, 2026 $1,650,000 -

Description

Three Generations. One Address. Sincerely Yours. For more than sixty years, 1171 Putnam Avenue has been in the same family. Over the years, systems were serviced annually and small repairs handled before they grew into larger projects. The home has been carefully maintained and will be delivered vacant. Built in 1910 on a 20-by-50-foot footprint, this semi-detached house rises three stories above a finished basement and offers roughly 4,000 square feet. The lower three levels form an owner’s triplex with four bedrooms, three baths, and a private garden for summer dinners or morning coffee. Upstairs, the top floor has been reworked from a one-and-a-half-bedroom layout into a full two-bedroom with home office with its own entrance—ready to rent or to give relatives a place of their own. Period details include a carved parlor mantel with its original cast-iron cover, deep window casings, crown moldings, and an exposed-brick chimney breast on the top floor. The zoning allows for a maximum buildable area of approximately 7,800 square feet. Putnam Avenue sits where Bushwick meets Bed-Stuy, with restaurants and shops in both directions. Near Broadway, Santa Panza serves wood-fired pizza and handmade pasta, with a garden out back. Along Halsey Street in Bed-Stuy, Saraghina is known for its bakery and Neapolitan pies; LunÀtico pairs live music with cocktails; and Bed-Vyne Cocktail has a patio. Peaches serves shrimp and grits and Nashville hot chicken, while Mama Fox draws a crowd for brunch. Head toward Bushwick for murals, vintage shops, coffee bars, and late-night spots. Roberta’s is a short ride away. The J and Z at Gates Avenue and the J at Halsey Street are a few blocks away. The L and M at Myrtle-Wyckoff are also nearby. After more than sixty years with one family, 1171 Putnam Avenue is ready for its next chapter. Find Your Sweet Spot.

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen Granite Counters Pantry Walk In Closets Laundry Room See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Building Storage Building Garden Building Outdoor Grill Building Rain Gutters Private Outdoor Space Over60 Sqft Private Yard Patio

Appliances

Dishwasher Gas Cooktop Gas Oven Refrigerator Range Hood Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure MultiFamily,Townhouse

Financial Details

RE Taxes $39,924/yr ($3,327/mo)

Bushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.

Bushwick Live Market Data

View Neighborhood

Active Listings

109

Median Asking Price

$895K

Median $/Sqft

$857

Avg Days on Market

N/A

New This Week

6

Price Reduced

26%

Sold (30 Days)

9

Median Sale Price

$970K

Live data from RLS at REBNY • Updated 11/12/26, 7:53 PM EST

Similar Listings in Bushwick

View All

Location

Loading map...

1171 Putnam Avenue, Bushwick, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $81,660
Land Value: $11,820
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 3,000 SF
Built FAR: 1.5
Allowed FAR: 2.43

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 $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $39,924, or roughly $3,327 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 4,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pet policy requires confirmation with Milton Coste. Additional notes: UnitNo

At the current list price of $1,650,000 for 4,000 sq ft, the asking price per square foot is approximately $413. 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 milton@miltoncoste.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: RLS20126542
First Listed: 11/12/2026
On Market: 11/12/2026
Price Changed: 11/12/2026
Contract Date: 10/22/2026

Listing Courtesy of Corcoran Group - Toni M Martin

Listing Contact: (718) 288-7703

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/13/2026 at 12:53 AM UTC

See it in person

Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

View Bio →

Sale history, taxes, violations and comps for this unit

(917) 416-7433 WhatsApp Email Milton
Hablo Español

Bushwick Market Update

9 sales last 30 days · $895K median · 12.1 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Bushwick Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1910
First Listed 11/12/2026
Living Area 4,000 sqft
Annual Tax $39,924

Monthly Costs Estimate

Down Payment 20%

$330,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $3,327
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$16,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

Back to Search

Find more properties

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Are you already working with an agent? (optional)

Your info is secure and never shared.

You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

Call Text Email