For Sale
Multi-Family
MLS# 1041101
1881 Putnam Avenue
Ridgewood, NY 11385
$1,199,000
- 5,600Sq Ft
- 0.0629Acres
- 1930Built
- $214Per Sq Ft
Ridgewood, NY 11385
$1,199,000
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. Potential for partial vacancy.
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.
Net Income 85,601/yr, Cap Rate 7.14%
Questions on 1881 Putnam Avenue, Ridgewood, NY 11385, or want to see it in person?
Listed by Billion Homes Realty Corp
Westchester County real estate — Julia B. Fee Sotheby's International Realty. Licensed Real Estate Salesperson.
Connect
Licensed Real Estate Salesperson
Julia B. Fee Sotheby's International Realty · 2 Park Place, Bronxville, NY 10708
(347) 961-2957 RadhaT@radhatuckerhomes.com
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