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17-01 Putnam Ave, Ridgewood, NY 11385

$3,200,000

17-01 Putnam Avenue, Ridgewood, NY 11385

Active
Last Updated: 07/23/2025

6,290 sqft

Building Size

R6B

Zoning

Details:
Building Size:    6,290 sqft
Zoning:    R6B
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.
  • Retail tenants pay 25% of tax bill.
  • Month-to-Month leases on all four apartments with 3BR/1BA layouts.
  • 3 Blocks from Myrtle-Wyckoff Transit Hub with direct access to both M and L Subways.
Map:
Documents:
Title
Offering Memorandum
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Location
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