6
See all 6 photos
$4,558,000
Est. payment /mo
2,204 Sqft Lot
New
1693 Putnam AVE Ridgewood, NY 11385
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 915173
Rental Info No
Year Built 1916
Annual Tax Amount $46,288
Lot Size 2,204 Sqft
Acres 0.0506
Property Sub-Type Mixed Use
Source onekey2
Property 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
• 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
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Building
Lot Description Corner Lot
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by E Realty International Corp • Zhen Chen
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