RealtyLens
for saleRealtyLens property overview
$3,695,000

398 Putnam Ave

Brooklyn, NY, 11216
View more Brooklyn, NY property pages
7Beds
5Baths
4,500Sqft
$821$/sqft

Comps

Market Insights

Below nearby median-15%

$821/sqft vs a nearby median of $963/sqft.

Nearby median$963/sqft
Nearby properties8
Property size4,500 sqft
  • -15% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 4,500 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.46M$4.06M$4.87M · 50% confidence
vs ask $3.69M−$769k (−20.8%)

Asking price is about 20.8% below the fair value — likely to draw competing offers if it's still on market.

$963/sqft median across 7 tight comps × 4,500 sqft= $4.33M
  • Pre-war character+$108k +2.5%
  • Transit access+$22k +0.5%
Cumulative NYC adjustments+$130k+3.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-15% 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
48 days
Last price change
No change recorded
Listed
Mar 25, 2026
Photos
33 photos
Property type
multi family
Status
for sale

Photos

Building Facts

Year built
1885
Stories
3
Total units
2
Residential units
2
Building area
3,600 sqft
Lot size
2,000 sqft
Land use
One and two family buildings
Building class
B1

From NYC public records where available.

Price History

May 4, 2026Initial record
$3,695,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations1 open

37 total recorded

ACRIS documents26

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

311 calls (12 mo)32,012

Top: heat/hot water

Top complaint types in ZIP 11216

  • HEAT/HOT WATER3,951
  • Noise - Residential2,993
  • Illegal Parking2,393
  • UNSANITARY CONDITION1,654
  • Noise - Street/Sidewalk1,420

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 19, 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...
  • Apr 11, 2024Class 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...

Recent Transfers (ACRIS)

  • Sep 3, 2025DEED$3,485,000

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.