1693 Putnam Avenue Ridgewood, NY 11385
Mixed Use
MLS #: 915173
Courtesy Of E REALTY INTERNATIONAL CORP.
Property InformationDescription
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
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Floor Covering: Hardwood
- Heating System: Baseboard
- Heating System: Natural Gas
- MLSID: 915173
- Rooms: Basement
MAP & DIRECTIONS
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