18-21 Putnam Ave, Ridgewood, NY 11385

6 Unit Apartment Building | $2,300,000 ($383,333/Unit) | 6.53% Cap Rate | Ridgewood, NY 11385

Asking Price $2,300,000

Property Type: Multifamily
Square Feet: 5,600 SF

Listing Contacts

Property Info

Property Overview

Tri State Commercial Realty is pleased to exclusively present 18-21 Putnam Ave. This is a 6-unit, 5,600 SF building with 4 free market units nestled in the heart of Ridgewood. The property is fully renovated and generating amazing cash flow. Great opportunity to purchase an renovated, income producing building at a great basis in a desirable neighborhood.
Highlights:
6-unit multifamily building
4 Free market units
Tax class 2A
Renovated apartments
Building dimensions: 27.25’ x 68’
Located in the Ridgewood neighborhood of Queens and just a short walk to the subway station at Seneca Avenue & Wyckoff Avenue, steps away from Myrtle Avenue, and surrounded by local bars, restaurants, and shopping.
Nearest Transit: M train at Seneca Ave and the Q58, B38, Q55, & B13 bus lines.

Property Details

Class: C
Year Built: 1913
Stories: 3
Lot Size (sq. ft): 2,614 SF
Units: 6

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