718 Putnam Ave, Brooklyn, NY, 11221

Townhomes in Brooklyn, NY - Bedrooms: 7 - Bathrooms: 5.5 - Area: N/A - Year Built: 1910 - Lot: N/A

Listing Agent: Steve Sallion Brokerage: Sotheby's International Realty - Downtown Manhattan

Located on a picturesque tree-lined block in the heart of Bedford-Stuyvesants historic Stuyvesant Heights, 718 Putnam Avenue presents an exceptional opportunity for both owner-occupants and investors seeking strong income with long-term upside. Configured as a four-family Brooklyn townhouse, the property currently generates approximately $189, 720 in annual rental income, offering a compelling combination of reliable cash flow and future flexibility. The home features four well-proportioned residential units, each benefiting from excellent natural light and practical layouts that reflect the classic charm and proportions of Brooklyn townhouse living. For buyers seeking a primary residence, the garden triplex may be delivered vacant, providing a spacious three-bedroom owners residence with high basement ceilings and access to private outdoor space. This configuration allows the owner to enjoy a generous private home while the three upper apartments continue to generate strong rental income. The layout also works well for multi-generational living, allowing extended family to occupy the lower triplex while maintaining privacy and income potential from the upper units. Property Highlights - Four residential units - Approx. $189, 720 annual rental income - Opportunity to live in the owners garden triplex - Strong rental demand in Bed-Stuy / Stuyvesant Heights - Classic Brooklyn townhouse proportions - Ideal for owner-occupants, investors, or multi-generational living Located moments from neighborhood cafs, restaurants, parks, and convenient transportation, 718 Putnam Avenue sits in one of Brooklyns most vibrant and steadily appreciating neighborhoods. A detailed investor financial analysis and full rent roll are available upon request.