581 Putnam Avenue

581 Putnam Avenue is a condo located in Bedford-Stuyvesant, Brooklyn. The building was first built in 1899 and is 127 years old. It was first renovated and altered in 2016. 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 51 feet long. In total, 581 Putnam Avenue has a total floor area of 4,111 square feet. Of that, 4,111 square feet are used for residential purposes. There are a total of 4 units. Of those, 4 are residential units. There are no commercial units in this building. 581 Putnam Avenue has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 11 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 156 days Meaning, listings tend to sell at a median of $955 price per square foot. The transaction that took the longest to complete was unit 2, listed on May 10, 2016 for $800,000. This particular unit ultimately sold 259 days later for $814,600. The most recent transaction was for unit 4, which was first advertised on May 03, 2022, sold for $999,999 on Jul 28, 2022. Fun fact, the oldest transaction we have on record took place on Jan 16, 1978. See the full transaction history for 581 Putnam Avenue below.

Bedford-Stuyvesant, where 581 Putnam Avenue is located, has a median asking price of $1,197,500 for condo buildings. Meanwhile, the building itself has a median asking price of $962,500. For interested buyers, that means the building's median asking price is around 0.20% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.