1242 PUTNAM Avenue #NA
MLS® #RLS10925735
Listing by Douglas Elliman Real Estate
7
Bedrooms
3
Baths
2,700
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Views: Other
- Character: Pre-war building (1910)
Property Details
Description
Incredible 3-story, legal 3-family brick and brownstone townhouse just hitting the market in Bushwick! This is the investment property you've been looking for, whether it's a fix-and-flip or a lucrative rental property, this is an astonishing opportunity to gut renovate, build higher and even extend out the back! The owners are seeking all cash offers so this property is perfect for any investor or fixer upper. With a total of 7 bedrooms, spanning 3 stories, this legal 3-family has well over 2,700 square feet of living space and another 900 square feet in the basement. The building itself is 20 by 45 square feet on a lot 20 by 100 square feet with R6 zoning and 2.43 FAR so there's plenty of room to grow to a potential of over 4,860 square feet in total! There's unused FAR totaling over 2,160 square feet, so any new owner may easily build up on top or even extend an addition onto the back! With cost-effective current taxes of $2,881, this has enormous investment potential. There's also a substantial and spacious backyard, perfect for creating a highly desirable outdoor garden space! While the home itself is in need of a complete makeover, the pure potential of this property is one-of-a-kind. Situated on this beautiful and well-kept block, right around the corner from Bushwick Avenue, just a 5-minute walk to the J and Z trains at Gates Avenue and seconds to popular night spots like the Halsey Ale House and Bar Cornelia, you have everything you could want and need close by. Imagine the lucrative rent roll on a big 3-family townhouse busting with space in the highly desirable neighborhood of Bushwick! Don't wait, call today!
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Bushwick
View All Bushwick ListingsBushwick has emerged as Brooklyn's premier creative frontier, known for its world-class street art, eclectic nightlife, and industrial-chic vibe. The neighborhood offers a wide range of housing options, from converted warehouse lofts that appeal to artists and professionals to traditional multi-family townhouses. Recent years have seen a surge in boutique new construction condominiums, making it a top destination for those seeking a dynamic and evolving urban environment.
Bushwick Live Market Data
View NeighborhoodActive Listings
91
Median Asking Price
$975K
Median $/Sqft
$920
Avg Days on Market
N/A
New This Week
10
Price Reduced
19%
Sold (30 Days)
7
Median Sale Price
$854K
Live data from RLS at REBNY • Updated 3/24/26, 6:57 AM EST
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Location
1242 PUTNAM Avenue #NA, Bushwick, Kings County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of Douglas Elliman Real Estate - Scott Durkin
Listing Contact: (212) 303-5318
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 10:57 AM UTC