1174 PUTNAM Avenue #3
About This Property
READY FOR IMMEDIATE CLOSING AND OCCUPANCY!!!
Bright, airy and ready to enjoy!
Welcome to 1174 Putnam Ave #3 top floor unit with its private roof deck and endless views of the city skyline. A truly sun-drenched space has the constant flow of natural light along its dramatic 10' ceilings combined with the open floor layout for versatility. This advanced quality condo is comprised of superior materials and high-end features a new homeowner will absolutely love!
The spacious floor plan of this newly renovated boutique condominium features 2 bedrooms and 2 baths. An open concept living room / dining area seamlessly flows into the custom kitchen - creating a fully cohesive design. The soaring ceilings make for dramatic visual impact as well as a utilitarian space for storage. Custom oak cabinets bring a sense of warmth into the space and offer an immense amount of storage. Entertainers will love the bonus bar area ideal for presenting drinks and light bites. The kitchen also boasts a state-of-the-art Fisher and Paykel paneled appliance package complete with natural gas range and vented microwave.
The first bathroom is conveniently situated across from the washer / dryer closet just outside the kitchen. This serene space is beautifully crafted and features a soaking tub lined with light green penny-style tiles and a large vanity. Balancing timeless design and modern comfort, are the lovely traditional wainscoting paneling and radiant heated floor.
At the rear of this breathtaking apartment, sits the secondary bedroom with its large closet and peaceful garden view. In the king-size master bedroom, the impressive walk-in closet offers all the storage space you could ever need.
The master bathroom offers additional storage with its double vanity. You are bound to feel luxurious in the oversized shower, showcasing pristine Byzantine marble tile.
If storage is a primary concern, fear not! This unit comes with its own private storage room included.
Perfectly positioned near the J,M,Z and L train lines, 1174 Putnam Avenue is also amidst a plethora of Bushwick's best restaurants. Are you ready to see your new home? Book an open house appointment with us today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 30, 2025 | Listed by Douglas Elliman Real Estate | $1,200,000 | |
Listed by Douglas Elliman Real Estate |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/17/2024
|
2 Bed
|
2 Bath
|
976 ft²
|
$979,000
2 Bed
2 Bath
976 ft²
|
$930,000
-5.01%
01/17/2025
|
-
|
Jessica L Peters
Douglas Elliman Real Estate
|
Building Info
- 3 Units
- 1 Unit for Sale

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