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17-01 Putnam Ave
Ridgewood, NY 11385
Multifamily Property For Sale · 4 Units

Investment Highlights

  • Located at the corner of Cypress Avenue and Putnam Avenue in Prime Ridgewood.
  • Residential rents are currently 50% below market allowing for upside.
  • Vacant retail unit allowing for upside in retail rents with a new tenant.
  • 6,290 Gross SF – 550 Square feet of vacant retail.
  • 25’ x 78’ across all residential floors, with windows on all four sides.
  • Tax Class Protected (2B), limiting tax increases to no more than 8% per year.

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 6,290 SF
No. Stories 3
Year Built 1914
Zoning R6B - Permit a Wide Range of High-Bulk Commercial Uses Requiring a Central Location

Property Taxes

Property Taxes

Parcel Number
03460-0001
Land Assessment
$10,332
Improvements Assessment
$367,578
Total Assessment
$377,910
  • Listing ID: 36872940

  • Date on Market: 7/22/2025

  • Last Updated:

  • Address: 17-01 Putnam Ave, Ridgewood, NY 11385

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