Description

CONTRACT SIGNED. 1062 Putnam Avenue Brooklyn, NY - Positioned on a classic Brooklyn residential block,  1062 Putnam Avenue is a four-family (C3) townhouse offering strong fundamentals, historical character, and long-term investment flexibility. The three-story building spans approximately 4,125 square feet on a 25 ft x 65 ft footprint and sits on a 2,500 sq ft lot measuring 25 ft x 100 ft, with a ground elevation of 52 ft.

Originally built in 1905, the property was legally converted from a former six-unit configuration to four residential units, aligning with current zoning and use. The building was last altered in 1998 and features a 38 ft roof height, supporting efficient layouts and future planning considerations. Annual property taxes are $6,824, enhancing overall carry efficiency.

The location offers excellent transit access, including proximity to Broadway Junction and Gates Avenue stations, providing seamless connectivity throughout Brooklyn and into Manhattan. Neighborhood amenities include Toad Style, Chipotle, nearby shopping, grocery options, bars, and a range of self-care and lifestyle services-supporting strong tenant demand and livability.

Well-suited for investors or end users, the property presents an opportunity for continued income generation, optimization, or strategic hold within a growing Brooklyn corridor.

All dimensions and details are approximate and should be independently verified.
Listing courtesy of Corcoran Group ...
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