2,739 Sqft Lot
2,739 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY857095
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $19,564
Lot Size 2,739 Sqft
Acres 0.0629
Property Sub-Type Quadruplex
Property Description
Discover the perfect blend of value, location, and potential with this well-maintained six-family brick building nestled on a quiet, tree-lined block in the heart of Ridgewood. 1878 Putnam Avenue offers a rare chance to own a rent-stabilized asset with immediate upside—two, possibly three units will be delivered vacant at closing, creating a unique opportunity for higher rental income or owner occupancy.
This solid, income-producing property features a spacious basement with direct access to a private backyard, ideal for added storage or future development possibilities. With a mix of stabilized tenants and vacant units, this building is perfect for both seasoned investors and end-users looking to customize a portion of the space.
Ideally situated near the M and L subway lines, this location offers easy access to Manhattan and Brooklyn, while being surrounded by Ridgewood's vibrant selection of cafes, shops, schools, and essential amenities.
Whether you're looking to expand your portfolio or secure a property with built-in value and growth potential, 1878 Putnam Avenue is a compelling opportunity in one of Queens' most desirable neighborhoods.
Location
State NY
County Queens
Rooms
Basement Full, Partially Finished, See Remarks, Storage Space
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Natural Woodwork
Heating Hot Water
Cooling Central Air
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, See Remarks, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None