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About This Home

This 7-bedroom, 2-bathroom residential multi family at 5917 Putnam Avenue in Ridgewood, NY is listed for $1,399,999. Built in 1920, on a 0.04 acres lot.

Agent Description

Discover the perfect combination of space and investment potential in this classic brick two-family home. Spanning a generous 2,200 total square feet (20x55 Building Size), this property is an exceptional find for an end-user looking to live in one unit while collecting high-market rent from the other, or for an investor seeking a turnkey asset in a high-demand neighborhood.

With annual property taxes of approximately $7,985, this home offers a stable and attractive financial profile. The residence is designed with expansive railroad-style layouts that maximize every inch of living space. The first-floor apartment is configured as a 3-bedroom with a large living room and provides the exclusive benefit of a private backyard, ideal for outdoor dining, gardening, or a peaceful retreat.

The second-floor apartment offers an even larger 4-bedroom layout with a central living room, providing incredible flexibility for tenants or a growing household. Complementing both units is an open basement featuring high ceilings and separate street-level access, potential for a home gym, workshop, or extensive storage.

Located in a vibrant section of Ridgewood, the home is surrounded by local convenience and culture. You are just a short walk from a diverse array of neighborhood cafes, restaurants, and grocery stores. Commuting is effortless with the M and L subway lines nearby, alongside several local bus routes including the B38, Q39, and Q54, ensuring a quick and easy connection to Manhattan and throughout Brooklyn and Queens.

Key Features

  • Built in 1920
  • 0.04 acre lot

Property Details

2 full
1920

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

5917 Putnam Avenue

Ridgewood, NY 11385

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full Bath

Property Details

Construction

Brick

Heating

Natural Gas

Questions & Answers

This 7-bedroom, 2-bathroom residential multi family at 5917 Putnam Avenue is listed at $1,399,999. The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.04 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath.

This property is listed by Etan Hakimi and can be reached at 7182685588 or etan@mitrahakimi.com.

EH

Etan Hakimi

Agent at Mitra Hakimi Realty Group LLC

(718) 268-5588

Listed by Mitra Hakimi Realty Group LLC · View on Broker Site

MLS# 964322· Source: listhub· Updated 98 days ago

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5917 Putnam Avenue, Ridgewood, NY 11385

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