Property Back to Market Report Property

1693 Putnam Avenue, Ridgewood, NY 11385

$4,000,000
Property Back to Market Report Property
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Sold Price
$4,000,000
Days on Market
104
Closing Date
Mar 18, 2026
MLS#
915173
Status
CLOSED
Property Type
Mixed Use
Year Built
1916
Property Tax
$46,288
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Property Description

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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Additional Information

Acres
0.05
Stories
3
Basement
Finished
Heating
Baseboard, Natural Gas
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer
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Listing courtesy of Listing Agent: Zhen Chen (cindie.z.chen@gmail.com) from Listing Office: E Realty International Corp.

Selling Office: E Realty International Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.