496 Putnam Avenue
16 Units
6.78% Cap Rate
Gihatag sa $2,299,999

Usa ka lig-on ug maayong gipang-maintain nga 16-unit nga rent-stabilized nga building sa sentro sa Bedford-Stuyvesant, ang 496 Putnam Avenue naghatag og talagsaon nga higayon aron makakuha og usa ka high-performing, cash-flowing asset sa usa sa mga labing lig-on nga rental markets sa Brooklyn.
Gipanag-iya ug gipadagan sa parehas nga pamilya sulod sa kapin sa 20 ka tuig, ang propriedad nagtanyag og talagsaon nga katatagan, mahisubay nga kita, ug pangdugay nga pagdumala sa operasyon.
Ang upat ka andana nga limestone nga building nagpakita og balanse nga kombinasyon sa (8) north-facing studios ug (8) south-facing one-bedrooms, tanan 100% nga naokupahan. Ang mga unit gi-revamp ug gi-upgrade samtang adunay mga bakante, nga nagsiguro sa malig-on nga panginahanglan sa mga nanghuwam ug padayon nga rental performance.
Nahimutang sa kanto sa Putnam Avenue ug Throop Avenue, ang building nakakab-ot og maayong visibility, kusog nga foot traffic sa kasilinganan, ug duol sa mga nag-unang retail corridors, transportasyon, mga restoran, ug adlaw-adlaw nga mga palasihan.

Unit Mix
16 Units Total
8 Studios (north-facing)
8 One-Bedrooms (south-facing)
100% Occupancy
Tanan nga Units Rent-Stabilized

Na-update nga Kita & Mga Gasto
Kita
Gross Monthly Income: $21,658.97
Annual Gross Income: $259,907.64

Mga Gasto
Con Edison: $1,100
National Grid (Gas): $7,800
Water/Sewer: $11,000
Real Estate Taxes: $64,486
Insurance: $13,503
Maintenance: $6,000
Total Operating Expenses: $103,889

Net Operating Income
Annual NOI: $156,018.64
Monthly NOI: $13,001.55

Na-update nga Investment Metrics (Sa $2,299,999 nga Presyo)
Cap Rate: 6.78%
GRM: 8.85
Presyo kada Unit: $143,750
Gipakita nga 2,299,999162,299,999 div 16
2,299,999
16
Presyo kada SF: $244 (i-update kung adunay eksaktong SF nga gihatag)

Pro Forma 1-Taon (3% RGB): 7.12% Cap
Pro Forma 2-Taon (4.5% RGB): 7.29% Cap

Investment Highlights
Lig-on, hingpit nga naay stabilisado nga 16-unit rent-regulated asset nga adunay mahisubay nga kita matag tuig
Long-term nga pagpanag-iya nga adunay konsistente nga maintenance ug upgrades
Zero turnover ug historically stable tenant base
High-demand nga Bed-Stuy lokasyon nga adunay kusog nga demographics ug padayon nga panginahanglan sa nanghuwam
Kanto limestone nga propriedad nga adunay maayong curb appeal ug maayong natural nga kahayag
Ang rent-stabilized nga balangkas naghatag og downside protection ug kasaligan nga regulated rent growth
Significant upside pinaagi sa

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.
Owned and operated by the same family for over 20 years, the property offers exceptional stability, predictable income, and long-term operational stewardship.
The four-story limestone building features a balanced mix of (8) north-facing studios and (8) south-facing one-bedrooms, all 100% occupied. Units are renovated and upgraded as vacancies occur, ensuring durable tenant demand and sustained rental performance.
Situated on the corner of Putnam Avenue & Throop Avenue, the building benefits from excellent visibility, strong neighborhood foot traffic, and proximity to major retail corridors, transportation, restaurants, and everyday amenities.
Unit Mix 16 Units Total 8 Studios (north-facing) 8 One-Bedrooms (south-facing) 100% Occupancy All Units Rent-Stabilized Updated Income & Expenses Income Gross Monthly Income: $21,658.97 Annual Gross Income: $259,907.64 Expenses Con Edison: $1,100 National Grid (Gas): $7,800 Water/Sewer: $11,000 Real Estate Taxes: $64,486 Insurance: $13,503 Maintenance: $6,000 Total Operating Expenses: $103,889 Net Operating Income Annual NOI: $156,018.64 Monthly NOI: $13,001.55 Updated Investment Metrics (At $2,299,999 Price) Cap Rate: 6.78% GRM: 8.85 Price per Unit: $143,750 2,299,999162,299,999 div 16 2 , 299 , 999 16 Price per SF: $244 (update if exact SF provided) Pro Forma 1-Year (3% RGB): 7.12% Cap Pro Forma 2-Year (4.5% RGB): 7.29% Cap Investment Highlights Strong, fully stabilized 16-unit rent-regulated asset with predictable year-over-year income Long-term ownership with consistent maintenance and upgrades Zero turnover and historically stable tenant base High-demand Bed-Stuy location with strong demographics and continuous renter demand Corner limestone property with great curb appeal and excellent natural light Rent-stabilized framework offers downside protection and dependable regulated rent growth Significant upside through