---
title: "731 Putnam Avenue, New York City, NY 11221"
description: "731 Putnam Avenue, New York City, NY 11221 — Multi Family Brownstone in Bedford-Stuyvesant, Brooklyn, NY. Listing Price $2,550,000. In contract 7/28/2026. 6 bed, 5 bath, 4,750 sqft Illustrative Buyer Commission Share of $38,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/731-putnam-avenue-ny-11221"
source: "Real Estate Rebate Team"
dateModified: "2026-08-24T19:20:21.492Z"
status: "Pending"
---

# 731 Putnam Avenue, New York City, NY 11221

Multi Family Brownstone in Bedford-Stuyvesant, Brooklyn, NY

Courtesy of Compass

Last updated: August 24, 2026, 3:20 PM

## At a Glance

- **Listing Price**: $2,550,000
- **Status**: In contract 7/28/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 6
- **Total Baths**: 5
- **Sqft**: 4,750
- **Monthly Taxes**: $621 / mo
- **Price per Sqft**: $537
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $2,550,000
- **Illustrative Buyer Commission Share**: -$38,250*
- **Illustrative Net Cost**: $2,511,750

*Illustrative Buyer Savings of $38,250 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![731 Putnam Avenue, New York City, NY 11221 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/895d97b0-83d3-48eb-851a-14ccbd943b97.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a445b911-c9e5-4fb3-b832-eaaffe457bcb.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f249e01a-4713-4ac9-b895-2dc8142d813f.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/521d1ac5-d9c1-4c37-8fde-046ff1c4e3aa.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a56a7f79-38eb-408e-a3d9-27e335444568.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dad60867-61c3-48d0-be97-dcab957b1c9d.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/50f4eb3f-e0dc-40ca-b73f-381260426a36.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2de9e94d-61b2-47a2-a32f-9ef852612006.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e7ff7cf2-93b6-4677-a61c-4e91f571416e.jpg)
![731 Putnam Avenue, New York City, NY 11221 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b95835a2-a03d-449f-9e4d-7a5aa870b3bd.jpg)

## Property Overview

Historic grandeur and modern updates define this meticulously renovated Stuyvesant Heights two-family brownstone featuring an expansive 4,750-square-foot layout, exceptional attention to detail, rare triple exposures, and 1,150 square feet of private outdoor space with a sauna. Configured with a four-bedroom plus home office/fifth bedroom, three-and-a-half-bathroom owner’s triplex and a one-bedroom, one-bathroom garden apartment, this turnkey 19-foot-wide, 50-foot-deep property is ideal for investors or homebuyers seeking multigenerational living space, rental income or the opportunity to create a grand, single-family residence.

A gated forecourt, L-shaped stoop and classic double vestibule welcome you inside the parlor level of the extra-deep 3,768-square-foot owner’s residence. The gracious foyer introduces the home’s painstakingly preserved historic details, including original doors, hardwood floors, wainscoting, soaring ceilings, ornate window and door casings, and the centerpiece staircase. Pocket doors reveal the sprawling 29-foot-long living/dining room, perfect for relaxing and entertaining alongside an ornate pier mirror, designer lighting and south-facing bay windows topped with stained glass. Ahead, a second set of pocket doors opens to the extra-large gourmet kitchen filled with inlaid chevron floors, custom cabinetry, granite countertops and marble tile backsplashes. Chefs will love the suite of upscale appliances, including a vented Wolf range, Sub-Zero refrigerator and Bosch dishwasher.

Enjoy casual dining in the eat-in kitchen’s breakfast area, or plan al fresco meals on the enormous deck featuring a gas grill. Below, the fully fenced and decked backyard with integrated lighting and bench seating is the ideal low-maintenance setting for large gatherings, while your secret sauna getaway is tucked beneath the deck. A powder room completes the parlor level.

Head to the second floor to discover the huge primary suite with a decorative fireplace, bay windows, generous custom closet space and a windowed en suite bathroom with a large tub/shower. There’s a secondary suite with lovely built-ins and a private marble bathroom on this level, while the skylit top floor includes two bedrooms, a home office, a full bathroom and a custom walk-in hall closet.
The full-floor garden rental unit features a large living room with a decorative fireplace and a full eat-in kitchen with stainless steel appliances and a side-by-side washer-dryer. There are two closets, a separate bedroom with French doors and original pocket shutters, a modern full bathroom, and a mudroom that opens to the covered patio.

A split HVAC system and a huge cellar level with a laundry area and room for storage or a playroom add comfort and convenience to this beautiful move-in ready Brooklyn brownstone.

Located on one of Stuyvesant Heights’ most prized blocks, this home is surrounded by quintessential tree-lined streets and historic brownstones and enjoys easy access to Bed-Stuy, Bushwick, Clinton Hill, Fort Greene and Crown Heights. Lovely playgrounds dot the area, and Prospect Park is less than two miles away. Brooklyn's buzziest restaurants and nightlife are within easy reach, including Saraghina, Peaches Lewis, Chez Oskar, Flat Out Burger, Anti Co Café and more. Transportation is effortless with A, C and LIRR trains, excellent bus service and CitiBike stations all nearby.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 6
- **Total Baths**: 5
- **Rooms**: 13
- **Sqft**: 4,750 sqft
- **Stories**: 3
- **Year Built**: 1905
- **Price per Sqft**: $537
- **Monthly Taxes**: $621 / mo
- **Listed On**: Dec 31, 2025
- **Days on Market**: 257 Days

### Residence Features

- Common On Floor
- In Unit
- See Remarks
- Private Outdoor Space Over 60 Sqft
- Granite Counters
- High Ceilings
- Walk-In Closet(s)
- Dishwasher
- Range
- Refrigerator
- Range Hood
- Hardwood
- Bay Window(s)

## Price and Property History for 731 Putnam Avenue

Review the recorded listing activity for 731 Putnam Avenue, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $200,000, or 7.3%, on May 28, 2026
- **Originally listed**: October 13, 2025 at $2,550,000
- **Entered contract**: July 28, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 28, 2026 | $2,550,000 | Entered contract |
| May 28, 2026 | $2,550,000 | Asking price reduced by $200,000, or 7.3% |
| April 1, 2026 | $2,550,000 | Returned to the market |
| October 13, 2025 | $2,550,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 731 Putnam Avenue were $7,709 in 2026, up 3.3% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $119,640 | $23,340 | $96,300 | $38,381 | $7,709 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $119,280 | $23,340 | $95,940 | $37,159 | $7,463 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $94,200 | $23,340 | $70,860 | $36,016 | $7,234 | 20.085% |
| 2023 (FY 2023/24) | $112,560 | $23,340 | $89,220 | $35,039 | $7,038 | 20.085% |
| 2022 (FY 2022/23) | $106,080 | $23,340 | $82,740 | $33,056 | $6,713 | 20.309% |
| 2021 (FY 2021/22) | $96,900 | $23,340 | $73,560 | $31,984 | $6,385 | 19.963% |
| 2020 (FY 2020/21) | $108,300 | $23,340 | $84,960 | $30,966 | $6,517 | 21.045% |
| 2019 (FY 2019/20) | $95,040 | $23,340 | $71,700 | $30,013 | $6,353 | 21.167% |
| 2018 (FY 2018/19) | $30,013 | — | — | $30,013 | $6,278 | 20.919% |
| 2017 (FY 2017/18) | $15,972 | — | — | $15,972 | $3,256 | 20.385% |
| 2016 (FY 2016/17) | $15,078 | — | — | $15,078 | $3,014 | 19.991% |
| 2015 (FY 2015/16) | $14,230 | — | — | $14,230 | $2,783 | 19.554% |
| 2014 (FY 2014/15) | $13,436 | — | — | $13,436 | $2,574 | 19.157% |
| 2013 (FY 2013/14) | $13,436 | — | — | $13,436 | $2,579 | 19.191% |
| 2012 (FY 2012/13) | $13,310 | — | — | $13,310 | $2,472 | 18.569% |
| 2011 (FY 2011/12) | $12,565 | — | — | $12,565 | $2,287 | 18.205% |
| 2010 (FY 2010/11) | $11,859 | — | — | $11,859 | $2,059 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3016460072. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 731 Putnam Avenue

731 Putnam Avenue, Brooklyn, NY 11221

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1905
- **Total Units**: 1
- **Floors**: 3

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/731-putnam-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11221/731-putnam-avenue-ny-11221) | 6 | 5 | 4,750 sqft | $537 | $2,550,000 (-7.3%) — In contract | Compass | Dec 31, 2025 | 257 days |

## Estimated Monthly Payment

**$13,515 / month**, assuming a 20% down payment ($510,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $12,894
- **Property Taxes**: $621

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Bedford-Stuyvesant

Explore more real estate and insights about Bedford-Stuyvesant.

[Explore Bedford-Stuyvesant](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

## Related Links

- [731 Putnam Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/731-putnam-avenue)
- [Bedford-Stuyvesant neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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.
