The Verve Condominium

The Verve Condominium is a condo located 170 Putnam Avenue, in Bedford-Stuyvesant, Brooklyn. The building was first built in 2014 and is 10 years old. The lot that the building was built on is 20 feet wide and 100 feet long. The official lot area is listed as 2,000 square feet. The building itself is 20 feet wide and 60 feet long. In total, 170 Putnam Avenue has a total floor area of 4,601 square feet. Of that, 4,601 square feet are used for residential purposes. There are a total of 3 units. Of those, 3 are residential units. There are no commercial units in this building. 170 Putnam Avenue has a total of 4 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 16 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 157 days Meaning, listings tend to sell at a median of $887 price per square foot. The transaction that took the longest to complete was unit A, listed on Jun 13, 2014 for $1,095,000. This particular unit ultimately sold 307 days later for $1,095,000. The most recent transaction was for unit A, which was first advertised on Apr 21, 2021, sold for $1,400,000 on Jun 17, 2021. Fun fact, the oldest transaction we have on record took place on Jun 17, 1966. See the full transaction history for The Verve Condominium below.

Bedford-Stuyvesant, where 170 Putnam Avenue is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,157,500. For interested buyers, that means the building's median asking price is around 1.36% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,345,000. It is a 1,954 sqft 1-bedroom and 2-bathroom unit.