1062 PUTNAM Avenue, New York City, NY 11221
Listing Courtesy of Corcoran Group
$1,999,999
Potential Rebate: $30,000
Overview
<strong>CONTRACT SIGNED. 1062 Putnam Avenue Brooklyn, NY - </strong>Positioned on a classic Brooklyn residential block, 1062 Putnam Avenue is a four-family (C3) townhouse offering strong fundamentals, historical character, and long-term investment flexibility. The three-story building spans approximately 4,125 square feet on a 25 ft x 65 ft footprint and sits on a 2,500 sq ft lot measuring 25 ft x 100 ft, with a ground elevation of 52 ft.<br> <br> Originally built in 1905, the property was legally converted from a former six-unit configuration to four residential units, aligning with current zoning and use. The building was last altered in 1998 and features a 38 ft roof height, supporting efficient layouts and future planning considerations. Annual property taxes are $6,824, enhancing overall carry efficiency.<br> <br> The location offers excellent transit access, including proximity to Broadway Junction and Gates Avenue stations, providing seamless connectivity throughout Brooklyn and into Manhattan. Neighborhood amenities include Toad Style, Chipotle, nearby shopping, grocery options, bars, and a range of self-care and lifestyle services-supporting strong tenant demand and livability.<br> <br> Well-suited for investors or end users, the property presents an opportunity for continued income generation, optimization, or strategic hold within a growing Brooklyn corridor.<br> <br> All dimensions and details are approximate and should be independently verified.<br>
Home Features
- •In Unit
- •Private Outdoor Space Under 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$16,740 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$30,000
Monthly savings impact
$83/mo
Effective Purchase Price
$1,969,999
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20064788
Price Analysis
Compare average listing prices and value metrics for 1062 PUTNAM Avenue against the surrounding Stuyvesant Heights market.
Average List Price
Price Per SqFt
44.79% Lower
than the Stuyvesant Heights price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
