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About the Listing BLNH01 - 186995
Large 6-family building located in the heart of Ridgewood, just 1 minute walk to the M train station. Unit configuration includes 1 free-market unit, 4 rent-stabilized units, and 1 rent-controlled unit, offering both stable cash flow and upside potential. Potential for partial vacancy. Building size 27.5’ × 68’ with approximately 5,600 SF of living space, plus a full walk-out basement. Excellent long-term investment with strong rental demand and value-add opportunities. Net Income 85,601/yr, Cap Rate 7.14%
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $19,553
- Taxes w/Assessments: N/A
- Tax/Property ID: 03471-0036
- Tax Year: N/A
Payment Calculator
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1881 Putnam Ave Ridgewood, NY 11385
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