$1,499,000

1881 Putnam Avenue, Ridgewood, NY 11385

5,600 sqft

Multi-Family Home
Built in 1930
2,740sqft lot
—— car garage
$268/sqft
Listed 3 days ago

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.

Listing Status:: Active
Listing Office:: Billion Homes Realty Corp : 917-900-8066
MLS ID:: 940424

Basement: Full
A/C: Wall/Window Unit(s)
Heating: Hot WaterNatural Gas

Parking: On Street

Originating MLS: onekey2
County: Queens

Zoning: 03471-0036

Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedTrash Collection PublicWater Connected
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of Billion Homes Realty Corp

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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