NY > Ridgewood
Ridgewood, NY 11385,5924 Putnam Ave
Ridgewood, NY 11385,5924 Putnam Ave
Ridgewood, NY 11385,5924 Putnam Ave
7
See all 7 photos
$2,100,000
Est. payment /mo
Save
Active

5924 Putnam Ave Ridgewood, NY 11385

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
12
May
Tue
13
May
Wed
14
May
Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY827514

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $32,681

Property Sub-Type Multi Family

Property Description

High-Income Investment Opportunity in Ridgewood
Strong Income Potential
This well-maintained 11-unit building generates a gross annual income of $184,000, with a net operating income (NOI) of $135,000, ensuring solid returns for investors.

A consistently occupied property with a reliable rent roll, offering low vacancy rates and steady cash flow.

Prime Ridgewood Location!
Located in a highly sought-after neighborhood, this property provides easy access to public transit, shopping, dining, and community amenities, enhancing its long-term desirability.

Financial Overview:
Annual Expenses: $49,000 (including utilities, taxes, insurance, and maintenance).
Competitive Cap Rate: A strong return based on market value, making it an excellent long-term investment.
Turn-Key Investment with Upside Potential
This property is a perfect addition to any real estate portfolio, offering consistent cash flow, minimal vacancies, and future appreciation potential. Whether you're an experienced investor or looking to acquire a high-performing asset, this opportunity is not to be missed!

?? Call today to schedule a viewing or request more details!

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Fence Fenced

Utilities Available Electricity Connected, Natural Gas Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Queens24

Others

Special Listing Condition Real Estate Owned

Listed by Keller Williams Landmark II

GET MORE INFORMATION

agent

Jose Agudo

Agent

+1(917) 674-8131

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of City Homes Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

5924 Putnam Ave

QUICK SEARCH
There are 17 quick searches