Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
398 Putnam Avenue

For Sale · Listing by Compass

398 Putnam Avenue

Bedford-Stuyvesant, Brooklyn

$3,695,000

Interested in this property?
Active For Sale • Multi Family

$3,695,000

$821 per sq ft

398 Putnam Avenue

Bedford-Stuyvesant, Brooklyn

MLS® #RLS20121327

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, October 18 • 2:00 PM – 3:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

7
Bedrooms
4.5
Baths
4,500
Sq. Ft.
1915
Year Built

Quick Summary

Bedrooms 7
Bathrooms 5 full, 2 half
Living Area 4,500 sq ft
Lot Size 2,000 sq ft
Year Built 1915
Ownership None
Property Taxes $12,660/yr
Neighborhood Bedford-Stuyvesant
Floor 1 of 4

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Deck
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 4 Full, 2 Half
Floor 1 of 4
Exposure North,South
Heating Central, Solar
Cooling Central Air, Other
Pets Yes
Year Built 1915
Living Area 4,500 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 2,000 sq ft
Parcel # 01829-0024
Block/Lot 01829/0024

Listing History

Event Date Price Change
Listed Oct 16, 2026 $3,695,000 -
Currently Oct 16, 2026 $3,695,000 -

Description

Brand New to Market! Beautifully renovated and rich in architectural charm, 398 Putnam Avenue blends historic character with modern living on a picturesque, tree-lined block in Bed-Stuy’s Bedford Historic District. This turn-of-the-century two-family townhouse features a generous owner’s triplex connected to a finished cellar, a spacious private deck, and a landscaped backyard, along with a separate two-bedroom garden apartment. Enter on the parlor floor filled with natural light and find an open living area with soaring ceilings, herringbone oak floors, exposed brick, original millwork, and a restored wood-burning fireplace. At the heart of the home, the chef’s kitchen features custom cabinetry, Taj Mahal marble countertops, a sculptural range hood, and high-end appliances, including an oversized refrigerator. Floor to ceiling glass doors open directly onto a wide deck and the landscaped backyard, creating an easy flow ideal for indoor and outdoor entertainment. Upstairs, the expansive primary floor includes a suite featuring a spacious walk-in dressing room with custom built-ins and a beautifully finished en-suite bathroom. Luxurious marble finishes, dual vanities, a glass-enclosed rain shower, and a freestanding soaking tub beneath sun-filled windows creates a spa-like environment. An additional bedroom is ideal for home office, nursery or guestroom. The third floor offers three spacious bedrooms and two full bathrooms, with high ceilings, large windows and thoughtful finishes throughout. On the garden level, a fully renovated two-bedroom apartment offers excellent flexibility for rental income, guests, or extended living. On the lowest level, the finished cellar is connected to the owner’s triplex and provides additional space for storage, a home gym, recreation room - the uses are endless. Additional highlights include central air throughout the owner’s triplex, split-system A/C in the garden apartment, and solar panels installed in December 2025. Set on a lovely and quiet residential block in the heart of Bedford-Stuyvesant, this home is close to beloved restaurants, local cafés, shops, parks, and neighborhood favorites, with convenient access to transportation to neighboring Clinton Hill. With its flexible two-family layout, generous proportions, private outdoor space, and preserved architectural details, 398 Putnam Avenue offers a rare opportunity. Don’t miss your chance!

Features & Amenities

Interior Features

Double Vanity Entrance Foyer High Ceilings Kitchen Island Soaking Tub Laundry Room In Unit See Remarks Flooring: Hardwood Skylights Fireplace (1)

Exterior Features

Building Garden Private Outdoor Space Over60 Sqft Deck

Appliances

Dryer Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 4
Structure MultiFamily

Financial Details

RE Taxes $12,660/yr ($1,055/mo)

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

108

Median Asking Price

$1.52M

Median $/Sqft

$824

Avg Days on Market

N/A

New This Week

10

Price Reduced

22%

Sold (30 Days)

18

Median Sale Price

$1.84M

Live data from RLS at REBNY • Updated 10/16/26, 2:40 PM EST

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Location

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398 Putnam Avenue, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1885
Year Built
141 years old
3
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings Historic District: Bedford Historic District

Tax & Assessment

Assessed Value: $149,340
Land Value: $16,140
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,000 SF
Building Area: 3,600 SF
Built FAR: 1.8
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $12,660, or roughly $1,055 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 4 full bathrooms and 2 half bathrooms.

The listed interior living area is 4,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $3,695,000 for 4,500 sq ft, the asking price per square foot is approximately $821. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20121327
First Listed: 10/16/2026
On Market: 10/16/2026
Price Changed: 10/16/2026
Contract Date: 8/21/2026

Listing Courtesy of Compass - Shii Ann Huang

Listing Contact: (212) 913-9093

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/16/2026 at 6:40 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Bedford-Stuyvesant Market Update

18 sales last 30 days · $1.52M median · 6 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Bedford-Stuyvesant Borough Brooklyn
County Kings
Floor 1 of 4
Year Built 1915
First Listed 10/16/2026
Living Area 4,500 sqft
Annual Tax $12,660

Monthly Costs Estimate

Down Payment 20%

$739,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,055
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$55,425

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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