$2,750,000
718 Putnam Avenue #Entire Building
MLS® #RLS20075930
Listing by Sothebys International Realty
7
Bedrooms
6.5
Baths
N/A
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Outdoor Space: Building Deck, Deck
- Character: Pre-war building (1910)
Property Details
Description
Located on a picturesque tree-lined block in the heart of Bedford-Stuyvesant’s historic Stuyvesant Heights, 718 Putnam Avenue presents an exceptional opportunity for both owner-occupants and investors seeking strong income with long-term upside. Configured as a four-family Brooklyn townhouse, the property currently generates approximately $189,720 in annual rental income, offering a compelling combination of reliable cash flow and future flexibility. The home features four well-proportioned residential units, each benefiting from excellent natural light and practical layouts that reflect the classic charm and proportions of Brooklyn townhouse living. For buyers seeking a primary residence, the garden triplex may be delivered vacant, providing a spacious three-bedroom owner’s residence with high basement ceilings and access to private outdoor space. This configuration allows the owner to enjoy a generous private home while the three upper apartments continue to generate strong rental income. The layout also works well for multi-generational living, allowing extended family to occupy the lower triplex while maintaining privacy and income potential from the upper units. Property Highlights - Four residential units - Approx. $189,720 annual rental income - Opportunity to live in the owner’s garden triplex - Strong rental demand in Bed-Stuy / Stuyvesant Heights - Classic Brooklyn townhouse proportions - Ideal for owner-occupants, investors, or multi-generational living Located moments from neighborhood cafés, restaurants, parks, and convenient transportation, 718 Putnam Avenue sits in one of Brooklyn’s most vibrant and steadily appreciating neighborhoods. A detailed investor financial analysis and full rent roll are available upon request.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Stuyvesant Heights
View All Stuyvesant Heights ListingsStuyvesant Heights is a historic Brooklyn neighborhood known for its stunning brownstone architecture and varied housing stock. From historic pre-war cooperatives to modern luxury condominiums, the area offers a sophisticated urban lifestyle with easy access to the city's world-class dining, shopping, and cultural institutions.
Stuyvesant Heights Live Market Data
View NeighborhoodActive Listings
39
Median Asking Price
$1.64M
Median $/Sqft
$801
Avg Days on Market
N/A
New This Week
5
Price Reduced
23%
Sold (30 Days)
3
Median Sale Price
$1.85M
Live data from RLS at REBNY • Updated 3/23/26, 5:30 PM EST
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Location
718 Putnam Avenue #Entire Building, Stuyvesant Heights, Kings County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of Sothebys International Realty - Steve A Sallion
Listing Contact: (212) 431-2440
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 9:30 PM UTC