RealtyLens
for saleRealtyLens property overview
$1,250,000

1231 Putnam Ave

Brooklyn, NY, 11221
View more Brooklyn, NY property pages
6Beds
3Baths
2,000Sqft
$625$/sqft

Market Insights

Below nearby median-32%

$625/sqft vs a nearby median of $915/sqft.

Nearby median$915/sqft
Nearby properties8
Property size2,000 sqft
  • -32% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,000 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.77M$1.58M$1.97M · 33% confidence
vs ask $1.25M−$525k (−42.0%)

Asking price is about 42.0% below the fair value — likely to draw competing offers if it's still on market.

$915/sqft median across 4 tight comps × 2,000 sqft= $1.83M
  • Days-on-market gravity−$55k −3.0%
  • Pre-war character+$46k +2.5%
  • AI-generated marketing photos−$37k −2.0%
  • Visible condition issues−$18k −1.0%
  • Transit access+$9k +0.5%
Cumulative NYC adjustments−$55k−3.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-32% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
217 days
Last price change
No change recorded
Listed
Oct 8, 2025
Photos
21 photos
Property type
single family
Status
for sale

Photos

Building Facts

Year built
1901
Stories
2
Total units
3
Residential units
3
Building area
3,000 sqft
Lot size
2,000 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,250,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations10 open

10 total recorded

ACRIS documents38

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)37,218

Top: noise - residential

Top complaint types in ZIP 11221

  • Noise - Residential4,573
  • HEAT/HOT WATER3,642
  • Illegal Parking3,289
  • UNSANITARY CONDITION1,850
  • Noise - Street/Sidewalk1,741

Recent HPD

  • May 5, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Jun 10, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Nov 27, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...

Recent Transfers (ACRIS)

  • Jan 13, 2026DEED$1,200,000

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.