Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$3,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 8 hours ago
See This Home
Save This Home
See This Home
Save This Home
1299 Putnam Avenue presents a compelling opportunity to acquire a newly renovated six-unit multifamily property in Brooklyn with strong in-place income and meaningful upside potential. Spanning approximately 5,000 square feet, the building measures 25 by 65 feet and underwent a full substantial rehabilitation beginning in 2018, culminating in a new Certificate of Occupancy received in 2020. The property offers a projected NOI of approximately $192,000 and is being offered at a 6% capitalization rate, providing investors with attractive current cash flow supported by recent building-wide improvements. With its updated condition, strong income profile, and long-term value-add potential, 1299 Putnam Avenue is well positioned as a compelling multifamily investment opportunity.

Full Property Details for 1299 Putnam Ave

General

  • Price: $3,200,000
  • Taxes: $15,972
  • Status: Active
  • Type: Multi-Family
  • Source: REBNY
  • MLS ID: RLS20100661
  • Updated: Today (6/30/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 26
  • Interior Features: Smoke Free

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Building Other

Additional Information

  • Pool: Yes
  • Pool Description: Building None

Location

  • County: Kings
  • Subdivision: Bushwick

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Structural Information

  • Structure Type: Townhouse
  • Basement Desc.: Other
  • Stories/Levels: 3
  • Year Built: 1903
  • Other Struct. Feat.: Green Building

Lot Features

  • Property View: Other
  • Lot Size: 2500
  • Lot Dimensions: 100.00 x 25.00

Financial Considerations

  • Tax Amount: $15,972

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 03369-0052
  • Block: 3369
  • Lot Number: 52

Listing Courtesy of Douglas Elliman Real Estate

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 1299 Putnam Ave —

  • Douglas Elliman Real Estate

  • Douglas Elliman Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1299 Putnam Ave

School District:New York City Geographic School District 32
NameGradesDistance
Ps 377 Alejandina B De Gautier
200 Woodbine Street, Brooklyn, NY 11221
PK-50.1 mi
Jhs 291 Roland Hayes
231 Palmetto Street, Brooklyn, NY 11221
6-80.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1299 Putnam Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$3,200,000
381.2%
MLS
11/13/2012
Sold
$665,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1299 Putnam Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,957
—
$542,250
353%
2025
$14,957
—
$119,659
-74%
2024
$14,960
4%
$468,000
8%
2023
$14,407
10%
$433,350
—
2022
$13,089
8%
$432,450
25%
2021
$12,119
9%
$346,050
-13%
2020
$11,107
—
$398,250
7%
2019
$11,107
21%
$370,980
328%
2017
$9,161
—
$86,772
20%
2017
$9,161
17%
$72,026
19%
2016
$7,831
8%
$60,746
8%
2015
$7,246
1%
$56,247
—
2014
$7,164
6%
$56,247
3%
2013
$6,779
—
$54,499
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1299 Putnam Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Listing Courtesy of Douglas Elliman Real Estate

Similar Properties near 1299 Putnam Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

242 Kingsland Ave, Brooklyn, NY 11222 - Photo 1
$3,388,000

242 Kingsland Ave  Brooklyn, NY 11222

  • Multi-Family
  • Active
  • 12
    Total Beds
Listed by Realty Connect USA L I Inc
17-26 Summerfield St, Ridgewood, NY 11385 - Photo 1
$2,750,000

17-26 Summerfield St  Ridgewood, NY 11385

  • Multi-Family
  • Active
  • Updated 3 days ago
  • 12
    Total Beds
Listed by Sweet Key Realty Group Inc
296 Throop Ave, New York City, NY 11206 - Photo 1 Just Listed
$3,700,000

296 Throop Ave  New York City, NY 11206

  • Multi-Family
  • Active
  • Updated 5 days ago
  • 10
    Total Beds
Listing Courtesy of Douglas Elliman Real Estate, Shai Bernstein and Douglas Elliman Real Estate, Noam Y Gottlieb
155 Clifton Pl, Brooklyn, NY 11238 - Photo 1
$2,900,000

155 Clifton Pl  Brooklyn, NY 11238

  • Multi-Family
  • Active
  • Updated 9 days ago
  • 10
    Total Beds
Listed by Great Success Realty Inc

Just Listed near 1299 Putnam Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

46-20 11th St, Long Island City, NY 11101 - Photo 1 Just Listed
$950,000

46-20 11th St  #5F  Long Island City, NY 11101

  • Apartment
  • Active
  • Updated 13 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 615
    Sq. Ft.
Listing Courtesy of Compass, HAILAN CUI and Compass, BRIAN J ZUHUSKY
42-14 Crescent St, Long Island City, NY 11101 - Photo 1 Just Listed
$535,000

42-14 Crescent St  #10D  Long Island City, NY 11101

  • Apartment
  • Active
  • Updated 7 hours ago
  • 1
    Total Bath
  • 419
    Sq. Ft.
Listing Courtesy of Sothebys International Realty, Yiming Wu and Sothebys International Realty, Tedy Ma
22-43 Jackson Ave, Long Island City, NY 11101 - Photo 1 Just Listed
$1,550,000

22-43 Jackson Ave  #5A  Long Island City, NY 11101

  • Apartment
  • Active
  • Updated 21 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 941
    Sq. Ft.
Listing Courtesy of Compass, HAILAN CUI and Compass, BRIAN J ZUHUSKY
21-45 23rd St, Astoria, NY 11105 - Photo 1 Just Listed
$3,300,000

21-45 23rd St  Astoria, NY 11105

  • Multi-Family
  • Active
  • Updated 7 hours ago
Listing Courtesy of Modern Spaces, Jeremy Ruiz and Modern Spaces, Gregory Kyroglou

1299 Putnam Avenue, Brooklyn, NY 11221 (MLS# RLS20100661) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 1299 Putnam Avenue is currently listed for $3,200,000 and was received on June 30, 2026. Want to learn more about 1299 Putnam Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

Tour this property