496 Putnam Avenue #16

$2,299,999

For Sale

9,418 ft²

$244 per ft²

40 rooms

16 beds

16 baths

Rental unit
Bedford-Stuyvesant
Resale

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Report listing

Listing by Corcoran, Limited Liability Broker, 1 Pierrepont Plz, Brooklyn, NY 11201

Common charges

Not applicable

Estimated payment

$17,232/mo

Taxes

$5,374/mo

Tax abatement

No info

About

Seller’s agent

Victor P. Inwang II

Licensed Real Estate Salesperson

Corcoran

description

496 Putnam Avenue

16 Units • 6.78% Cap Rate • Offered at $2,299,999

A solid and well-maintained 16-unit rent-stabilized corner building in the heart of Bedford-Stuyvesant, 496 Putnam Avenue presents a rare opportunity to acquire a high-performing, cash-flowing asset in one of Brooklyn’s most consistently strong rental markets.

Policies

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Home features

Hardwood floors
Washer/dryer

Building amenities

Services and facilities

No info on services and facilities

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

Courtyard

About the building

496 Putnam Avenue

496 Putnam Avenue, Brooklyn, NY 11221

Rental building inBedford-Stuyvesant

16 units

4 stories

1900 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 496 Putnam Avenue

Property history

Price Change: ↓ $200,000 (-8.0%) on 12/10/25
Days on market: 108 days

Date	Price	Event
12/10/2025	$2,299,999	Price decreased by 8%
9/7/2025	$2,499,999	Listed by Corcoran

Explore Bedford-Stuyvesant

Transit

Location	Distance
ACat Kingston–Throop	0.33 miles
ACat Nostrand Av	0.5 miles
LIRRat Nostrand Avenue	0.56 miles
ACat Utica Av	0.62 miles
Gat Bedford–Nostrand Avs	0.63 miles

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About Bedford-Stuyvesant

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

16 beds

$2.3M

Bedford-Stuyvesant is a vast Brooklyn neighborhood filled with historic brownstones. Fans of Victorian architecture will appreciate the striking abodes in the leafy historic district.

Learn more about Bedford-Stuyvesant