6050 Putnam Avenue, Ridgewood, NY 11385

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,788,000
MLS#
1007686
Status
PENDING
Lot Size
1920

Property Description

Welcome to 60-50 Putnam Avenue, a rare opportunity to own a three-family property in the heart of Ridgewood, Queens. Built in 1915, this well-maintained triplex sits on a 20' x 96' lot and features a substantial 20' x 60' building footprint spanning three stories. The property offers three spacious residential units, including one 3-bedroom apartment and two 4-bedroom apartments, with each unit featuring its own full bathroom and can be delivered vacant. Whether you're an investor seeking strong rental potential or an end-user looking for a multi-generational living arrangement, the ability to take title with the property delivered fully vacant provides exceptional flexibility. Buyers can immediately lease the units at current market rents, renovate to their specifications, or occupy one or more apartments while generating rental income from the others. Adding to the property's appeal is a detached three-car garage, a highly sought-after amenity in Ridgewood that offers valuable parking, storage, or additional income potential. Annual property taxes are just $9,364.16, making this an attractive long-term investment opportunity. Ideally situated near neighborhood shops, restaurants, parks, schools, and public transportation, this property combines convenience, versatility, and income potential in one of Queens' most desirable and steadily appreciating neighborhoods. Don't miss this opportunity to acquire a vacant three-family property with private garage parking in a prime Ridgewood location.

Additional Information

Year Built
1915
School District
Queens24
Taxes Total
9364
Heating
Oil
Parking
Detached
Basement
Unfinished
Water
Public
Sewer
Public Sewer
Taxes
$9,364

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Thomas Leong (tommyLmovesyou@gmail.com) from Listing Office: Momentum Real Estate, LLC.

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.