5,600 SF | 18-21 Putnam Avenue | Renovated 6-Unit Multifamily In Prime Ridgewood For Sale

18-21 Putnam Avenue Ridgewood, NY 11385

18-21 Putnam Avenue, Ridgewood, NY, 11385
18-21 Putnam Avenue, Ridgewood, NY, 11385 18-21 Putnam Avenue, Ridgewood, NY, 11385 18-21 Putnam Avenue, Ridgewood, NY, 11385 18-21 Putnam Avenue, Ridgewood, NY, 11385 18-21 Putnam Avenue, Ridgewood, NY, 11385 18-21 Putnam Avenue, Ridgewood, NY, 11385 18-21 Putnam Avenue, Ridgewood, NY, 11385
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Aug 08, 2024

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Highlights

  • 6-unit multifamily building
  • 4 Free market units
  • Tax class 2A
  • Renovated apartments
  • Building dimensions: 27.25’ x 68’
  • Lot dimension: 27.17’ x 100.92

Description

Introducing an exceptional opportunity for multifamily: a 6-unit, 5,600 SF building with 4 free market units nestled in the heart of Ridgewood. This immaculately renovated property boasts a desirable mix of tax-class 2A apartments, offering an ideal investment in a sought-after location. With prime zoning as R6B and building dimensions of 27.25’ x 68’, this multifamily gem presents a compelling blend of contemporary comfort and strong investment potential. Take advantage of this prime property to make an impact in the thriving Ridgewood real estate market.

Located in the Ridgewood neighborhood of Queens and just a short walk to the subway station at Seneca Avenue & Wyckoff Avenue, steps away from Myrtle Avenue, and surrounded by local bars, restaurants, and shopping.

Nearest Transit: M train at Seneca Ave and the Q58, B38, Q55, & B13 bus lines.

Nearby tenants include Dunkin', Taco Bell, Taco Bell, Blink Fitness, Blink Fitness, ODAAN, Myrtle Pub, Prin Jewelry, Western Union, Two Guys Wines & Liquor Gallery Rosas Bakery & Restaurant, Grace Chinese, FitGeek Wellness, Kings Juice Bar Tornado Crepes, Vapor R' Us, Joy Perfumes, Metro by T-Mobile and much more!

Building Size: 5600sq ft
Lot Size: 0.06 acres


Documents

18-21 Putnam Ave Brochure

Map of 18-21 Putnam Avenue, Ridgewood, NY, 11385

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.