663 Putnam Ave, Brooklyn, NY

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Property History
  • 10/21/2013Listed by Evans & Nye at $1,600,000
  • 10/22/2013Added to Brownstoner Real Estate by Evans & Nye at $1,600,000
  • 1/31/2014Information Last Updated
  • 1/31/2014No Longer Available
More About This Property

A magnificent four story two family Gilded Age mansion, replete with original details, woodwork, and modern upgrades. The home sits on a deep lot and wide street with natural light flooding the home through north and south bay windows. The current configuration is five bedrooms and four baths with kitchen options on each floor. The layout is efficient and flexible while maintaining all of the finer details of New York's best era of construction. The property was built in 1899 by architect Joseph S. Stevens for one of Brooklyn's most successful builders and developers, Eli H. Bishop. Bishop is credited with much of the upscale home development in the neighborhood before turning his focus on a new product, the automobile, which he predicted would be the next big thing, perhaps even bigger than real estate. An expert builder, no detail was overlooked, and the current owner improved the property with the utmost respect for the original craftsmanship, keeping as many of the period age details, the vanities, hardware and all the clever nooks and crannies as possible. Upgrades to the home include electrical, resurfaced rooftop, and the energy conversion from oil to gas. Located on a prime block between Lewis and Stuyvesant, Putnam is one of Bedford Stuyvesant's most coveted Avenues, and the surrounding area is row after row of two and three story exquisitely designed townhouses set upon broad tree lined streets. Developed between 1870 and 1920, the area is an almost exclusively residential neighborhood with small businesses and shops serving the community. Transportation easy with the Express A/C Utica stop a few blocks away. The current rent roll of $73,800. Pro Forma annual rental income of $86,400. Gross annual expenses are estimated at $6,500.