$10,000 Closing Credit¹
#RLS20008969, Jeffrey A Gardner, Listing Office: Corcoran Group
$2,199,000 List price
1878 Putnam Ave Ridgewood, NY 11385
$10,000
Closing credit¹
0 beds
0.06 acres
Multi-Family
Property details
About 1878 Putnam Ave
Exceptional Investment Opportunity in Prime Ridgewood – 1878 Putnam Avenue Discover the perfect blend of value, location, and potential with this well-maintained six-family brick building nestled on a quiet, tree-lined block in the heart of Ridgewood. 1878 Putnam Avenue offers a rare chance to own a rent-stabilized asset with immediate upside—two, possibly three units will be delivered vacant at closing, creating a unique opportunity for higher rental income or owner occupancy. This solid, income-producing property features a spacious basement with direct access to a private backyard, ideal for added storage or future development possibilities. With a mix of stabilized tenants and vacant units, this building is perfect for both seasoned investors and end-users looking to customize a portion of the space. Ideally situated near the M and L subway lines, this location offers easy access to Manhattan and Brooklyn, while being surrounded by Ridgewood’s vibrant selection of cafes, shops, schools, and essential amenities. Whether you're looking to expand your portfolio or secure a property with built-in value and growth potential, 1878 Putnam Avenue is a compelling opportunity in one of Queens’ most desirable neighborhoods.
Highlights
Home typeQuadruplex
HeatingHot Water
StatusActive
CoolingCentral Air
BasementYes
Lot size0.0629 Acres
Year built1930
MLS #857095
Summary
- Basement: Yes
- Interior: First Floor Bedroom, First Floor Full Bath, Natural Woodwork
- Heating: Hot Water
- Cooling: Central Air
- List Price: $2,199,000
- Year Built: 1930
- Lot Size: 0.0629 Acres
- MLS Number: 857095
- MLS Name: ONEKEY2
- Office Name: Alexiou Realty
- Office Phone: (718) 204-0101
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/7/2025, 3:11:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,199,000
1878 Putnam Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
P.S. 239 Queens
Public District KG-5
0.2 mi
•1715 Weirfield St
5
P.S. 88 Seneca School
Public District PK-5
0.4 mi
•6085 Catalpa Ave
6
P.S. 81 Jean Paul Richter School
Public District PK-5
0.4 mi
•559 Cypress Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,452. Most Ridgewood, NY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
38%
35k-100k
7%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
16%
Single, with Kids
19%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1878 Putnam Ave in Ridgewood, NY and zip code 11385 in the Ridgewood neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $2,199,000.
Ridgewood, NY housing market in April 2025 saw over 210 listings sold above listed price, more than 792 sold at listed price and over 652 sold below. The inventory of homes for sale in Ridgewood, NY between March and April 2025 increased by 1.7%. Listings spent 131 days on the market in April 2025, and had a median list price of $870,078 during the same period.
From Rocket Homes Real Estate and based on county public records data.