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1693 Putnam Avenue Ridgewood, NY $ 4,398,000
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$ 4,398,000 Get more info
1693 Putnam Avenue
$ 4,398,000
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1693 Putnam Avenue

Ridgewood, NY, 11385
$ 4,398,000
Bedrooms-- Baths-- Sq 6,160

Monthly Estimate*

$ 27,438

1693 Putnam Avenue, Ridgewood, NY 11385 - Image 1
1693 Putnam Avenue, Ridgewood, NY 11385 - Image 2
1693 Putnam Avenue, Ridgewood, NY 11385 - Image 3
1693 Putnam Avenue, Ridgewood, NY 11385 - Image 4
1693 Putnam Avenue, Ridgewood, NY 11385 - Image 5
1693 Putnam Avenue, Ridgewood, NY 11385 - Image 6

Commercial Property for sale in Ridgewood, NY

for $4,398,000. This 6,160 square foot building was built in 1916 on a lot size of 0.0506.

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

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Commercial Active

Price

$ 4,398,000

Property Type

Commercial

Taxes

$ 46,288

Style

Mixed Use

Lot Size

0.0506

Year Built

1916

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

915173
Features
General
Sewer Public Sewer
Heating Baseboard Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available
Construction Materials Brick
Year Built 1916
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 03451-0024
Gross Income 364200
Business Type Barber/Beauty Food & Beverage Restaurant
County Queens
Operating Expense 68400
Property Type Commercial Sale
City New York
Property Attached Y/N Y
Tax Annual Amount 46288
Property Condition Updated/Remodeled
Building Area Units Square Feet
Standard Status Active
Tax Lot 0024
Cap Rate 7
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Interior
Basement Finished
Flooring Hardwood
Total Stories 3
Basement Features Finished
Basement (Y/N) Y
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Exterior
Water Source Public
Foundation Details Brick/Mortar
Building Area Total 6160
Waterfront Y/N N
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Internal Only
Street Number 1 1693
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* Excluded Features
List By
Zhen Chen

Listing Agent

E Realty International Corp

Broker

718-886-8110

Contact

Affordability Calculator

$31,295
Per Month
88%
12%
0%
Monthly Principal & Interest
$27,438
Monthly Property Taxes
$3,857
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/4/2025$4,398,000 -3.51% Price Down
9/19/2025$4,558,000 Listed Price

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1693 Putnam Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $4,398,000 with 6,160 sqft and a lot size of 0.0506. 1693 Putnam Avenue was built in 1916. The property's zip code is 11385 which is in Ridgewood, NY

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