8
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$1,499,000
Est. payment /mo
2,739 Sqft Lot
New
1881 Putnam AVE Ridgewood, NY 11385
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UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 940424
Rental Info No
Year Built 1930
Annual Tax Amount $19,553
Lot Size 2,739 Sqft
Acres 0.0629
Property Sub-Type Multi Family
Source onekey2
Property Description
Spacious six-family building in the heart of Ridgewood, just a three-minute walk to the subway. All six units feature a generous two-bedroom layout with a separate living room, dining room, and one full bath, offering exceptional space and functionality. The property consists of five rent-stabilized units and one rent-controlled unit, providing long-term tenancy stability and reliable income. Two apartments are currently vacant, allowing immediate rental, owner-occupancy potential, or value-add improvements. Located in a high-demand neighborhood close to transportation, shopping, dining, and parks, this building presents a rare opportunity for investors seeking consistent cash flow with future upside.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Hot Water, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Billion Homes Realty Corp • Xin Zhang
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