About 1693 Putnam Avenue
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
Features of 1693 Putnam Avenue
| MLS® # | 915173 |
|---|---|
| Price | $4,558,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,160 |
| Acres | 0.05 |
| Year Built | 1916 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1693 Putnam Avenue |
|---|---|
| City | Ridgewood |
| County | Queens |
| State | NY |
| Zip Code | 11385 |
Additional Information
Listing Details
| Office | E Realty International Corp |
|---|---|
| Office Contact | 718-886-8110 |