1. New York
2. Ridgewood
3. 1878 Putnam Avenue

1878 Putnam Avenue, Ridgewood, NY 11385

• 5,600 sqft

Property Description

Amazing Investment Opportunity in Prime Ridgewood – 1878 Putnam Avenue 6 Family Building with 2 possibly 3 vacant Apartments 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.

Listing Status:

Active

Listing Office:

Alexiou Realty : 718-204-0101

MLS ID:

857095

Interior

• General: First Floor BedroomFirst Floor Full BathNatural Woodwork
• Basement: FullPartially FinishedSee RemarksStorage Space
• A/C: Central Air
• Heating: Hot Water

Location

Lot

Utilities

Financial

This listing courtesy of Alexiou Realty