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$4,398,000 CONTRACT - 1693 Putnam Avenue, Ridgewood, NY 11385｜MLS # 915173
| MLS # | 915173 |
| Construction Year | 1916 |
| Taxes (per year) | $46,288 |
| Fuel Type | Gas |
| Air Conditioning | Wall Unit AC |
| Bus | 0 min: Q55 |
| 1 min: Q58 | |
| 2 min: B38 | |
| 3 min: B52 | |
| 4 min: B13, B26, B54 | |
| 7 min: Q39 | |
| 8 min: B20 | |
| Subway | 3 min: M |
| 5 min: L | |
| LIRR | 1.7 miles: "East New York" |
| 2.6 miles: "Nostrand Avenue" | |
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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
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of E Realty International Corp © 2026
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