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Lander Peerman
  • Sales Agent
Douglas Elliman
Agent Photo
Lander Peerman
Douglas Elliman
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    New YorkRidgewood5924 Putnam

    5924 Putnam
    Ridgewood, NY 11385

    $2,050,000
    For Sale
     Get directions
     
    Tools
    Open House
    Size
    13
    Bedrooms
    11
    Full Baths
    5,300 Sq Ft.
    Interior
    Financial
    $2,050,000
    Change Currency
    $2,723
    Monthly taxes
    $32,681
    Annual taxes
    Details
    Townhouse
    Property Type
    1931
    Year Built
    Ps 88 Seneca
    schools
    Ps 88 Seneca
    Elementary
    Call Listing Agent
    Middle
    Contact Agent
    High
    14444191
    Web Id
    254
    Days Posted

    Description

    5924 Putnam, Ridgewood, NY 11385

    Prime Investment Opportunity! Multi-Unit Property in Ridgewood, NY (Ridgewood) High-Income Investment Opportunity in Ridgewood Strong Income Potential This well-maintained 11-unit building generates a gross annual income of $184,000, with a net operating income (NOI) of $135,000, ensuring solid returns for investors. A consistently occupied property with a reliable rent roll, offering low vacancy rates and steady cash flow. Prime Ridgewood Location! Located in a highly sought-after neighborhood, this property provides easy access to public transit, shopping, dining, and community amenities, enhancing its long-term desirability. Financial Overview: Annual Expenses: $49,000 (including utilities, taxes, insurance, and maintenance). Competitive Cap Rate: A strong return based on market value, making it an excellent long-term investment. Turn-Key Investment with Upside Potential This property is a perfect addition to any real estate portfolio, offering consistent cash flow, minimal vacancies, and future appreciation potential. Whether you're an experienced investor or looking to acquire a high-performing asset, this opportunity is not to be missed! ?? Call today to schedule a viewing or request more details!

    This is an Active listing.

    Broker Office Phone Number: 347-846-1200

    Copyright © 2025OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Amenities

    • Refrigerator
    • Garage
    Price History View all +
    Date PriceVarianceType
    2/21/2025$2,050,000-Listed
    Listing By: Keller Williams Landmark II via Data Source: OneKey MLS


    Located at 5924 Putnam, Ridgewood, New York 11385, this Townhouse is for Sale with a price of $2,050,000 USD. The property was built in 1931, includes 13 bedrooms, has 11 full baths. This listing has 5,300 Sq.Ft. of interior space. See all Homes for Sale in Ridgewood.

    Listhub

    Lander Peerman
    Lander Peerman
    • Sales Agent
    1717 W. 6th Street, Suite 190
    Listing by: Keller Williams Landmark II
    Contact Agent
    Staging Information:
    a2e427b51-8847-4025-bb6d-e137044cf682