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425 Putnam Ave, Brooklyn, NY, 11221

5beds
4baths
3,615sqft
$2,750,000
$761price/sqft
$16,728/moest. monthly cost
$669,120/yrincome needed

About This Home

PRICE DROP!! Welcome to 425 Putnam Avenue, a 19-foot-wide legal two-family brownstone set on one of Bedford-Stuyvesant's most beautiful tree-lined blocks. Spanning approximately 3,615 square feet across four levels — plus a 745 square foot cellar with 7 foot ceilings — this is the kind of property that draws buyers who understand what original Brooklyn architecture actually means, and what it costs to find it intact. From the moment you arrive, the home announces its pedigree. The original entry door, beautifully preserved, opens into a grand interior staircase that anchors the home and speaks to the craftsmanship of its era. Throughout the property, exposed brick fireplaces appear in multiple rooms — not as decorative afterthoughts, but as original architectural features that give each space a warmth and character that simply cannot be replicated. The scale of the rooms, the ceiling heights, and the quality of the original details place this firmly among the most authentic brownstones available in the neighborhood today. Light is a genuine asset here. The home receives exceptional natural light throughout the day, further enhanced by skylights that draw the sun deep into the interior. Paired with the open southern exposure typical of Putnam Avenue's north-facing blocks, the result is a home that feels airy and alive at every hour. The well-appointed kitchen is move-in ready, and the private backyard — generous in scale and fully enclosed — offers the kind of outdoor living space that Brooklyn buyers consistently prioritize and pay a premium for. Below grade, the full cellar level with cement floors provides substantial additional square footage for storage, mechanicals, or future buildout. The two-family configuration offers immediate flexibility: live in one unit and lease the other, or hold the property as a fully income-producing asset in one of Brooklyn's strongest rental markets. Either way, the carrying costs are manageable and the demand is consistent. Currently utilized as a single family home with multiple kitchens, the property will be delivered vacant. For buyers with an eye on long-term value, the air rights tell a compelling story. With a current FAR of 2.32 against a residential maximum of 3.0, there are approximately 1,059 square feet of unused, buildable area — a meaningful development opportunity, subject to DOB approval, that adds a dimension of upside that most comparable properties on this block simply cannot offer. The property also offers approximately 1590 square feet of outdoor space, including the existing roof. Conveniently located near the A and C trains at Nostrand Avenue, and surrounded by the restaurants, cafés, and cultural institutions that have made Bed-Stuy one of Brooklyn's most sought-after addresses, 425 Putnam Avenue represents a rare convergence of original character, functional income potential, and genuine future upside. Legal 2-family | 19' wide | ~3,615 sq ft | Full cellar | Private backyard | Skylights | Exposed brick fireplaces | Original staircase & entry door | 1,059 sq ft remaining buildable | R6B zoning

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
84
BikeVery Bikeable

Schools

1/10
Ps 93 William H PrescottGrades PK-50.1 mi
4/10
Restoration AcademyGrades 6-80.1 mi
--

Construction

Condition

  • Year built: 1899

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,615
  • Total interior livable area: 3,615 sqft

Property

Details

  • Parcel number: 018250076
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,905$166,860
Home Insurance *$943$11,316
Property Taxes $1,283$15,396
Electricity $597$7,168
Total$16,728$200,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$573,531/yr
40% on housing$501,840/yr
45% on housing$446,080/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$761This listing

vs Other Active Listings

Avg $/sqft

ZIP 11221$635
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11221$757
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-23Price change$2,750,000
2026-05-18Listed for sale$3,500,000
2026-03-03Listing removed--
2026-03-01Price change$3,900,000
2026-02-03Listed for sale$4,900,000
2016-03-16Listing removed$2,100
2016-02-27Listed for rent$2,100
2005-06-08Sold$560,500
2004-07-03Sold$460,000

For Sale by Agent

AgentCorrin Thomas
BrokerageSERHANT.

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