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1693 Putnam Avenue Ridgewood, NY 11385
$4,558,000
  • Commercial
  • NEW
  • Year Built 1916
  • Mixed Use
  • ML# 915173

Property Details

Overview

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

Key Facts

  • Lot Size: 0.0506
  • Lot Sq Ft: 2206
  • Taxes: $46,288
  • Sale or Rent: Sale
  • Block: 03451
  • Lot: 0024

Additional Features

  • Construction Materials: Brick
  • Wood Floors: Yes
  • Stories: 3

Interior & Utilities

  • Heat: Baseboard, Natural Gas
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $46,288
Listing Information provided courtesy of E Realty International Corp  718-886-8110
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