8
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$1,190,000
Est. payment /mo
New
1881 PUTNAM AVE Ridgewood, NY 11385
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1070849
Rental Info No
Year Built 1930
Annual Tax Amount $19,554
Property Sub-Type Multi Family
Source onekey2
Property Description
Large 6-family building located in the heart of Ridgewood, just 1 minute walk to the M train station.
Unit configuration includes 1 free-market unit, 4 rent-stabilized units, and 1 rent-controlled unit, offering both stable cash flow and upside potential. Could deliver at least 2 units vacant.
Building size 27.5' × 68' with approximately 5,600 SF of living space, plus a full walk-out basement.
Excellent long-term investment with strong rental demand and value-add opportunities.
Unit configuration includes 1 free-market unit, 4 rent-stabilized units, and 1 rent-controlled unit, offering both stable cash flow and upside potential. Could deliver at least 2 units vacant.
Building size 27.5' × 68' with approximately 5,600 SF of living space, plus a full walk-out basement.
Excellent long-term investment with strong rental demand and value-add opportunities.
Location
State NY
County Queens
Rooms
Basement Full, Unfinished
Interior
Heating Natural Gas
Cooling Electric
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
Listed by Billion Homes Realty Corp • Xin Zhang
NEARBY SCHOOL & BUSINESS
Kevin Smith
Licensed Real Estate Associate Broker License ID: 10301223551
+1(845) 250-3438 | kev.smith@exprealty.com