Skip To Content

1881 Putnam Avenue

Ridgewood, NY 11385
  • $1,499,000
  • STATUS: Active
  • MLS #: 940424
UPDATED: 42 min ago
$1,499,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Large 6-family building located in the heart of Ridgewood, just 1 minute walk to the M train station. Unit configuration includes 1 free-market unit, 4 rent-stabilized units, and 1 rent-controlled unit, offering both stable cash flow and upside potential. Potential for partial vacancy. Building size 27.5’ × 68’ with approximately 5,600 SF of living space, plus a full walk-out basement. Excellent long-term investment with strong rental demand and value-add opportunities.

Monthly Payment Calculator



© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-04-12T22:17:34.267.
www.thisoldhudsonrealestate.com/homes/171030788
Print Image

1881 Putnam Avenue Ridgewood, NY 11385

  • Price: $1,499,000
  • Status: Active
  • On Site: Days
  • Updated: 42 min ago
  • MLS #: 940424
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Large 6-family building located in the heart of Ridgewood, just 1 minute walk to the M train station. Unit configuration includes 1 free-market unit, 4 rent-stabilized units, and 1 rent-controlled unit, offering both stable cash flow and upside potential. Potential for partial vacancy. Building size 27.5’ × 68’ with approximately 5,600 SF of living space, plus a full walk-out basement. Excellent long-term investment with strong rental demand and value-add opportunities.
Exterior Features

Construction Materials Brick Parking Features On Street Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling Wall/Window Unit(s)

Property Features

Annual Rental Income 124404 Building Area Total 5600 Financial Year 2025 Gross Income 124404 Heating Hot WaterNatural Gas Lot Size Area 2742 Net Operating Income 85600 Operating Expense 38803 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 19553 Tax Source Municipality Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedTrash Collection PublicWater Connected Water Source Public

Listing courtesy of Xin Zhang of Billion Homes Realty Corp:
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-04-12T22:17:34.267.
 
https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_940424-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_940424-1.jpg https://bt-photos.global.ssl.fastly.net/wpmls/1280_boomver_1_940424-1.jpg
Logo
This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534