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About This Home

This 11-bedroom, 3-bathroom residential multi family at 6050 Putnam Avenue in Ridgewood, NY is listed for $1,788,000 ($1,490 per sqft). Built in 1915, the home offers 1,200 sqft of living space on a 0.04 acres lot.

Agent 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. 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.

Key Features

  • Built in 1915
  • 0.04 acre lot
  • 3 stories

Property Details

3 stories
3 full
1915

Amenities

Hardwood

Monthly Cost Estimate

$9,563/mo

20% down · 6.5% · 30 years

Principal$1,293
Interest$7,748
Insurance$522

Estimates only. Actual payments may vary.

Location

6050 Putnam Avenue

Ridgewood, NY 11385

Features & Amenities

Interior Features

RefrigeratorStove

Property Details

Flooring

HardwoodTile

Construction

Brick

Parking

Garage - Detached

Questions & Answers

This 11-bedroom, 3-bathroom residential multi family at 6050 Putnam Avenue is listed at $1,788,000 ($1,490/sqft). The estimated monthly payment is $7,748 based on 20% down at 6.5% interest.

Key features include: Built in 1915, 0.04 acre lot, 3 stories. Interior Features: Refrigerator, Stove.

This property is listed by Thomas Leong and can be reached at (718) 382-0001 or tommyLmovesyou@gmail.com.

TL

Thomas Leong

Agent at Momentum Real Estate LLC

(718) 382-0001

Listed by Momentum Real Estate LLC · View on Broker Site

MLS# 501922· Source: listhub· Updated 1 days ago

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6050 Putnam Avenue, Ridgewood, NY 11385

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