1218 Putnam Avenue #PHA
About This Property
A welcoming entryway flows into an open-concept living room, dining room, and kitchen with oversized double-pane windows, wide plank oak floors, and recessed lighting. An integrated multi-zone heating and cooling system offers precision temperature control. The living area has sliding glass doors that open to a lovely balcony.
The kitchen is stylish and highly functional and boasts an eat-in peninsula. Custom-designed oak cabinets add warm organic tones that balance sleek quartz countertops and a matching backsplash. Integrated Bosch appliances include a dishwasher and over-the-range microwave.
Both bedrooms sit on the other side of the home and face away from the street. The primary bedroom has a walk-in closet and pristine en-suite bathroom with matte black fixtures, travertine-style ceramic slab tiles, terrazzo floors, a custom floating vanity, a defog mirror with integrated lights, and a walk-in shower. The second bedroom has a reach-in closet and easy access to a second full bathroom with a deep soaking tub. Additionally, the home comes with an in-unit washer/dryer.
Situated in the heart of Bushwick, Annabelle is moments from an abundance of dining, grocery, and nightlife options and is a few blocks from Irving Square Park. The J subway line is a few blocks away, allowing for a simple commute to Williamsburg and Manhattan. Amenities at Annabelle include private storage units, a virtual doorman, and a shared rooftop deck with dedicated rooftop cabanas. Pets are welcome.
All measurements are approximate and subject to normal construction variances and tolerances. Sponsor reserves the right to make changes in accordance with the terms of the offering plan. The complete offering terms are in an offering plan available from Sponsor. File No. CD23-0094. Sponsor: 1218-222 Putnam Development Inc. 1529 71st Street, Fl 1 Brooklyn, NY 11228.
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by REAVIS DEVELOPMENT MARKETING LLC | $1,095,000 | |
| Listed by REAVIS DEVELOPMENT MARKETING LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/06/2024
|
1 Bed
|
1 Bath
|
578 ft²
|
$555,000
1 Bed
1 Bath
578 ft²
|
$535,000
-3.60%
03/01/2025
|
David Malkoukian
Redefined Real Estate
| |
|
05/20/2024
|
1 Bed
|
1 Bath
|
572 ft²
|
$565,000
1 Bed
1 Bath
572 ft²
|
$560,000
-0.88%
03/01/2025
|
David Malkoukian
Redefined Real Estate
| |
|
05/17/2024
|
1 Bed
|
1 Bath
|
574 ft²
|
$560,000
1 Bed
1 Bath
574 ft²
|
$515,000
-8.04%
10/08/2024
|
Jonathan Anobian
Elite Connect Real Estate Inc
| |
|
04/10/2024
|
1 Bed
|
1 Bath
|
572 ft²
|
$560,000
1 Bed
1 Bath
572 ft²
|
$520,000
-7.14%
09/26/2024
|
David Malkoukian
Redefined Real Estate
| |
|
03/12/2024
|
1 Bed
|
1 Bath
|
728 ft²
|
$495,000
1 Bed
1 Bath
728 ft²
|
$485,000
-2.02%
10/16/2024
|
Jonathan Anobian
Elite Connect Real Estate Inc
| |
|
02/08/2024
|
2 Bed
|
1 Bath
|
1143 ft²
|
$895,000
2 Bed
1 Bath
1143 ft²
|
$855,000
-4.47%
10/30/2024
|
David Malkoukian
Redefined Real Estate
| |
|
02/06/2024
|
2 Bed
|
2 Bath
|
1172 ft²
|
$1,095,000
2 Bed
2 Bath
1172 ft²
|
$1,050,000
-4.11%
11/22/2024
|
David Malkoukian
Redefined Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017