663 Putnam Ave

Description

SOLD - A magnificent four story two-family Gilded Age mansion, replete with original details, woodwork, and modern upgrades. The home sits on a deep lot and wide street with natural light flooding the home through north and south bay windows. The current configuration is five bedrooms and four baths with kitchen options on each floor. The layout is efficient and flexible while maintaining all of the finer details of New York’s best era of construction.

History

The property was built in 1889 by architect Joseph S. Stevens for one of Brooklyn’s most successful builders and developers, Eli H. Bishop. Bishop is credited with much of the upscale home development in the neighborhood before turning his focus on a new product, the automobile, which he predicted would be the next big thing, perhaps even bigger than real estate. An expert builder, no detail was overlooked, and the current owner improved the property with the utmost respect for the original craftsmanship, keeping as many of the period age details, the vanities, hardware and all the clever nooks and crannies as possible. Upgrades to the home include electrical, resurfaced rooftop, and the energy conversion from oil to gas.

The Neighborhood

Located on a prime block between Lewis and Stuyvesant, Putnam is one of Bedford-Stuyvesant’s most coveted Avenues, and the surrounding area is row after row of two and three story exquisitely designed townhouses set upon broad tree-lined streets. Developed between 1870 and 1920, the area is an almost exclusively residential neighborhood with small businesses and shops serving the community. Transportation easy with the Express A/C Utica stop a few blocks away.

Features

3,648 SF, Two-Family, used as a Three-Family with a current rent roll of $73,800 and Pro-Forma annual rental income of $86,400 and expenses of $6,500.

Price: $1,800,000
5 Bed | 4 Bath
Real Estate Taxes: $2,970

Contact Information:

Evans & Nye

Mobile: 917.615.4818

info@evansnye.com



All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. The number of bedrooms listed above is not a legal conclusion. Customer should consult with its counsel regarding all closing costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent with designated agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. Broker actively supports equal housing opportunities. All rights to content, photographs and graphics reserved to Broker. Evans Nye Incorporated.