1294 Putnam Avenue, New York City NY 11221

Overview of 1294 Putnam Avenue, New York City NY 11221

Year Built 1910

Parking

--

Price/Sqft $580

Pool No

Beds 5

Bath 4

Living Area 2760 Sq. Ft.

Outdoor

Building Patio

Building Terrace

Patio

Terrace

INCREDIBLE INVESTMENT OPPORTUNITY: 6.5% CAP from potential rental income.
------------
Developed by a notable and respected apartment builder in Brooklyn, this meticulously renovated two-family townhouse in super cool and trendy Bushwick, features exquisitely designed modern interiors and the utmost attention to detail and craftsmanship.
Sitting on a 20' x 100' lot, this gorgeous three-story two-family home plus a full-height basement/rec. room is approximately 2,800 square feet (plus close to 1,000 square feet in basement) and features 5 bedrooms (can be converted to 6 bedrooms ... see alternate floorplan), 3 full bathrooms, 2 powder rooms, and an expansive backyard garden.
The expansive bright and airy designer owner's duplex offers 3 bedroom (can be converted to 4 bedrooms ... see alternate floorplan), 2 full bathrooms and a powder room, and the charming income-producing rental unit offers 2 bedroom, a full bathroom, a powder room and a basement rec. room. Enhanced by modern elements from central heating and cooling, 6" wide-plank oak hardwood floors, impeccably designed kitchen with high-end cabinets, imported stone and tile, a large terrace and covered patio and a lush private backyard you simply cannot ask for more from a townhouse!
The sprawling upper owner's duplex offers generous living space and high-end custom finishes. The chef's kitchen features rare veined quartz countertops and backsplash, high-end stainless-steel appliances, integrated range hood, tucked-away microwave, and more cabinets than you'll know what to do with. An entire wall of sliding doors open onto a large terrace overlooking the garden, creating the perfect flow for entertaining and indoor/outdoor living.
On the top floor, the 19' wide master suite beams with sunlight spilling in through the oversized windows. The room is complemented with a spacious walk-through closet and ensuite bathroom with double-sinks and a walk-in rain shower. Opposite the master and down the corridor are the second and third bedrooms, a full designer bathroom and a washer/dryer.
Down on the garden level, the 2-bedroom rental apartment features an open living space, gorgeous open-concept kitchen with stainless steel appliances, an bonus office/den, a full-bathroom, ensuite washer/dryer hookup and a full-height basement/rec. room with a window and a half-bathroom.
The home is strikingly well-balanced, optimized to suit the needs of daily living and elegant entertaining. Live in the duplex and rent the garden unit for income, occupy the entire home, or rent out both apartments for a very attractive return and appreciation potential.
Additional upgrades include a sprinkler system, new boilers, and new water tanks, new electric, new plumbing, new roof, and a finished basement this house has basically been re-built from the ground-up to meet the needs of the modern homebuyer.
Quick and easy access to Manhattan via the J, M, Z and L, all only a few minutes' walk away!

Property Features For MLS #OLRS-0079404