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. Listing courtesy of Sothebys International Realty ...
More