Log In/Sign Up
Your email has been sent.
6-family with one vacant apartment 1722 Putnam Ave 6 Unit Apartment Building $880,000 ($146,667/Unit) 5.51% Cap Rate Ridgewood, NY 11385
Investment Highlights
- Legal 6-family with one vacant apartment!
- Call LA Peter Nowik 347-927-6829
- Three blocks to Wyckoff Ave L-train station!
Executive Summary
I'm happy to offer this income-producing legal six-family brick house. Each of the six one-bedroom apartments (convertible to 3 bedrooms) has approximately 872 square feet. Excellent prime Ridgewood location! It is located at Putnam Ave and Cypress Ave, next to Myrle Ave Shopping District, just three blocks from the Wyckoff Ave L-train station.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $880,000 | Apartment Style | Low-Rise |
| Price Per Unit | $146,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.51% | Building Size | 5,600 SF |
| Gross Rent Multiplier | 10.35 | Average Occupancy | 83% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | ||
| Zoning | R6B - Medium density residential district | ||
| Price | $880,000 |
| Price Per Unit | $146,667 |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| Gross Rent Multiplier | 10.35 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,600 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6B - Medium density residential district |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 03461-0017 | Improvements Assessment | $154,959 (2025) |
| Land Assessment | $2,233 (2025) | Total Assessment | $157,192 (2025) |
Property Taxes
Parcel Number
03461-0017
Land Assessment
$2,233 (2025)
Improvements Assessment
$154,959 (2025)
Total Assessment
$157,192 (2025)
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
6-family with one vacant apartment | 1722 Putnam Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.