Renovated TH in the Heart of Stuvyesant Heights
located on a picturesque tree-lined block in the heart of bedford-stuyvesant’s historic stuyvesant heights, 718 putnam avenue presents an exceptional opportunity for both owner-occupants and investors seeking strong income with long-term upside.
configured as a four-family brooklyn townhouse, the property currently generates approximately $189,720 in annual rental income, offering a compelling combination of reliable cash flow and future flexibility.
the home features four well-proportioned residential units, each benefiting from excellent natural light and practical layouts that reflect the classic charm and proportions of brooklyn townhouse living.
for buyers seeking a primary residence, the garden triplex may be delivered vacant, providing a spacious three-bedroom owner’s residence with high basement ceilings and access to private outdoor space. this configuration allows the owner to enjoy a generous private home while the three upper apartments continue to generate strong rental income.
the layout also works well for multi-generational living, allowing extended family to occupy the lower triplex while maintaining privacy and income potential from the upper units.
property highlights
- four residential units
- approx. $189,720 annual rental income
- opportunity to live in the owner’s garden triplex
- strong rental demand in bed-stuy / stuyvesant heights
- classic brooklyn townhouse proportions
- ideal for owner-occupants, investors, or multi-generational living
located moments from neighborhood cafés, restaurants, parks, and convenient transportation, 718 putnam avenue sits in one of brooklyn’s most vibrant and steadily appreciating neighborhoods.
a detailed investor financial analysis and full rent roll are available upon request.