$1,400,000
●
Commercial -
Off Market
18-58 Putnam Avenue
Ridgewood, NY 11385
Studio
0 Bath
$1,478,671
RealtyHop Estimate
5.62%
Since Apr 1, 2023
NY-New York
Primary Model
About This Property
Calling All Investors, Developers & End-Users!!! 7.25 Cap 6 Family
For Sale!!! The Property Features Excellent Signage, Great
Exposure, High Ceilings, Separate Meters, +++!!! 18-58 Putnam
Avenue Is Located In The Heart Of Ridgewood!!! Neighbors Include
CVS, Rite Aid, Walgreens, GameStop, Chase, + ++!!! Some Of The
Units Have Already Been Renovated!!! This Property Offers HUGE
Upside Potential!!! This Could Be Your Next Investment Property/
Developments Site!!! Income: 1R (3Br): $21,600 Ann. 1L (3Br):
$21,600 Ann. 2R (3Br): $21,600 Ann. 2L (3Br): $21,600 Ann. 3R
(3Br): $21,600 Ann. 3L (3Br): $21,600 Ann. Gross Income: $129,600
Ann. Expenses: Gas: $4,000 Electric: $2,000 Maintenance & Repairs:
$250 Insurance: $3,256 Taxes: $16,965 Water: $0 Total Expenses:
$28,151 Net Operating Income (NOI): $101,449
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,414
HOA Dues
-
Year Built
1911
Last updated: 2 years ago (OneKey MLS #3416375)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2023 | No longer available | - | |
| No longer available | |||
| Mar 15, 2023 | Price Decreased |
$1,400,000
↓ $100K
(6.7%)
|
|
| Price Decreased | |||
| Sep 15, 2022 | Price Decreased |
$1,500,000
↓ $50K
(3.2%)
|
|
| Price Decreased | |||
| Jan 18, 2022 | Listed by All Island Estates Realty Corp | $1,550,000 | |
| Listed by All Island Estates Realty Corp | |||
Property Highlights
Exterior Details
Property Information
Square Footage: 5600
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Financial Details
Tax Annual Amount: $16,965
Utilities Details
Heating Type: Natural Gas
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
8
Beds
3
Baths
-
$1,260,000
Jul 7, 2021
$1,260,000
Jun 6, 2022
$628/mo
Multifamily
12
Beds
3
Baths
-
$1,350,000
Jun 6, 2021
$1,350,000
Feb 28, 2022
$600/mo
Sold
Multifamily
8
Beds
4
Baths
-
$1,400,000
Jul 10, 2019
$1,400,000
Oct 21, 2019
$535/mo
Multifamily
8
Beds
4
Baths
-
$1,360,000
Sep 8, 2020
$1,360,000
Dec 11, 2020
$776/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/18/2022
|
|
Loft
|
-
|
-
|
$1,688,000
Loft
-
|
-
-
|
-
|
Richard Matt Shane
All Island Estates Realty Corp
|
|
01/08/2021
|
|
18 Bed
|
6 Bath
|
5600 ft²
|
$1,600,000
18 Bed
6 Bath
5600 ft²
|
-
-
|
-
|
Kaszuba Jaroslaw
Exit All Seasons Realty
|
Building Info
About Northwestern Queens
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Last Updated: 2 years ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
