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1863 Putnam Ave
Ridgewood, NY 11385

Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Prime location near transportation and all services.
  • Turn key investment
  • Brick building

EXECUTIVE SUMMARY

Prime Brick 6 Family fully renovated, 3 bedroom/ 1 bath units, each with own HVAC split duct systems and Hot water heaters. Building has live in super, basement with common laundry and gym. Building has roof deck and backyard.

PROPERTY FACTS

Price Per Unit $499,167
Sale Type Investment
Cap Rate 5.68%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,600 SF
No. Stories 3
Year Built 1930

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 6 - 933

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03471-0054
Land Assessment
$16,089
Improvements Assessment
$160,981
Total Assessment
$177,070

ZONING

Zoning Code R6B
R6B
  • Listing ID: 28730356

  • Date on Market: 6/12/2023

  • Last Updated:

  • Address: 1863 Putnam Ave, Ridgewood, NY 11385

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