1881 Putnam Avenue Ridgewood, NY $ 1,499,000
1881 Putnam Avenue
$ 1,499,000
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1881 Putnam Avenue

Ridgewood, NY, 11385
$ 1,499,000
Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

$ 9,352

1881 Putnam Avenue, Ridgewood, NY 11385 - Image 1
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 2
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 3
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 4
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 5
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 6
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 7
1881 Putnam Avenue, Ridgewood, NY 11385 - Image 8

Commercial Property for sale in Ridgewood, NY

for $1,499,000. This 5,600 square foot building was built in 1930 on a lot size of 0.0629.

Spacious six-family building in the heart of Ridgewood, just a three-minute walk to the subway. All six units feature a generous two-bedroom layout with a separate living room, dining room, and one full bath, offering exceptional space and functionality. The property consists of five rent-stabilized units and one rent-controlled unit, providing long-term tenancy stability and reliable income. Two apartments are currently vacant, allowing immediate rental, owner-occupancy potential, or value-add improvements. Located in a high-demand neighborhood close to transportation, shopping, dining, and parks, this building presents a rare opportunity for investors seeking consistent cash flow with future upside.

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Commercial Active

Price

$ 1,499,000

Property Type

Commercial

Taxes

$ 19,553

Style

Multi Family

Lot Size

0.0629

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

940424

Features
General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Available Sewer Connected Trash Collection Public Water Connected
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2024
Parcel Number 03471-0036
Gross Income 103850
County Queens
Operating Expense 39553
Property Type Commercial Sale
City New York
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 19553
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 415800
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Interior
Basement Full
Total Stories 3
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 5600
Waterfront Y/N N
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Internal Only
Street Number 1 1881
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* Excluded Features
List By
Xin Zhang

Listing Agent

Billion Homes Realty Corp

Broker

contactxinzhang@gmail.com

Email

Affordability Calculator

$10,981
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,352
Monthly Property Taxes
$1,629
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
Pricing History
DatePricePrice ChangeDescription
12/2/2025$1,499,000 Listed Price

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1881 Putnam Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,499,000 with 5,600 sqft and a lot size of 0.0629. 1881 Putnam Avenue was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY