1693 Putnam Avenue, Ridgewood, NY, 11385
$4,558,000
Mixed Use
Commercial
Details
ML#: 915173
- Sale or Rent:Sale
- Year Built: 1916
- Taxes: $46,288
- Status:Active
Description
Rare Corner Mixed-Use: 4 Stores + 4 Residential Units, High Return • Three stories + basement, approx. 6, 160 sq.ft. • Ground floor: 4 retail storefronts • Second/Third floor: 4 newly renovated apartments (3BR/2BA, -1, 000 sq.ft. each, bright, brand-new appliances & wiring) • Rental income $30, 350/month, net ROI -6.5%, fully occupied with stable tenants • Separate meters/boilers, tenants pay heat & gas • Corner of Cypress Ave & Putnam Ave, 6-min walk to L/M subway • Surrounded by shops, restaurants, parks & daily amenities • Zoning C4-3A mixed-use
More Property Details
Lot Size: 0.0506
Lot Sq Ft: 2206
Stories: 3
Heat: Baseboard, Natural Gas
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $46,288
Block: 03451
Lot: 0024
Listing Information provided courtesy of
E Realty International Corp
718-886-8110