17-01 Putnam Ave - Apartments FOR SALE
Ridgewood, NY 11385 |
$3,200,000 USD
914-584-7422
17-01 Putnam Ave
Ridgewood, NY 11385
HIGHLIGHTS
- Located at the corner of Cypress Avenue and Putnam Avenue in Prime Ridgewood.
- 6,290 Gross SF – 550 Square feet of vacant retail.
- Residential rents are currently 50% below market allowing for upside.
- 25’ x 78’ across all residential floors, with windows on all four sides.
- Vacant retail unit allowing for upside in retail rents with a new tenant.
- Tax Class Protected (2B), limiting tax increases to no more than 8% per year.
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$509 USD /SF
# OF UNITS
4
PRICE/UNIT
$800,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1914
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,614 SF
ZONING
R6B
APN/PARCEL ID
03460-0001
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914-584-7422
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914-584-7422
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