$3,250,000
SOLD MAY 20, 2025

1693 Putnam Ave Ridgewood, NY 11385

Ridgewood Neighborhood
-- Bed
-- Bath
6,160 Sq Ft
2,200 Sq Ft Lot

Recently Sold

$528 Per Sq Ft

14% Below List Price

Highlights

  • Wood Flooring
  • 4-minute walk to Seneca Avenue
  • Baseboard Heating
  • Multiple cooling system units

About This Home

As of May 2025

This is a high return investment mix-use properties with the following great features: 3 Stories Corner building, 6,160 Square Feet, 4 Commercial Retail Stores, 4 two-bedroom apartments, building size: 22 X90, Lot: 22x100, Zoning: C4-3A, separate boilers and hot water heaters, close to flushing, queens, close to M train station, close to freeway 495, 278, net income is close to 200k, top investment returns for the properties.

Last Agent to Sell the Property

Fangyang Shen

Sun Realty New York Inc Listed on: 10/05/2023

Last Buyer's Agent

Fangyang Shen

Sun Realty New York Inc Listed on: 10/05/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $44,861

Year Built

  • Built in 1916

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Property is zoned C4-3A

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Block Foundation
  • Block Wall

Interior Spaces

  • 6,160 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Block 3451

Property Details

Property Type

Other

Est. Annual Taxes

$44,861

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Queens
  • Building Footprint Sq Ft: 1980
  • Building Length: 90.00
  • Building Width: 22.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Cypress Ave
  • Cross Street Name2: Madison St
  • Heat Delivery: Baseboard
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 6160
  • Building Stories: 3
  • Street Name I D X: Putnam
  • Street Number I D X: 1693
  • Year Built: 1916
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2200
  • Walls: Block

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 24
  • Roof: Other

Utilities

  • Air Conditioning Units: 4
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: C4-3A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
May 20, 2025
Sold by
Gzc Holding Llc
Bought by
Nomad Social House Llc
Seller's Agent
Fangyang Shen
Sun Realty New York Inc
Buyer's Agent
Fangyang Shen
Sun Realty New York Inc
List Price
$3,800,000
Sold Price
$3,250,000
Premium/Discount to List
-$550,000
-14.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$296,032
Outstanding Balance
$295,781
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,004,657

Purchase Details

Closed on
Jul 1, 2019
Sold by
1693 Putnam Avenue Corp and Hua An Usa Corp
Bought by
Gzc Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2000
Sold by
Lee Mao Kung and Lee Lin Shu Fang
Bought by
1693 Putnam Avenue Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1995
Sold by
Lee Mao Kung and Lee Shu Fang Lin
Bought by
Lee Mao Kung and Lee Lin Shu Fang
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,250,000 --
Deed $2,900,000 --
Deed $2,900,000 --
Bargain Sale Deed $570,000 Chicago Title Insurance Co
Bargain Sale Deed $570,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,032 Purchase Money Mortgage
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $235,583 Commercial
Previous Owner $325,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $3,250,000 -6.9% $528 / Sq Ft
05/21/2024 05/21/24 Price Changed $3,490,000 -2.8% $567 / Sq Ft
10/25/2023 10/25/23 Price Changed $3,590,000 -5.5% $583 / Sq Ft
10/05/2023 10/05/23 For Sale $3,800,000 -- $617 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,861 $370,305 $8,145 $362,160
2024 $44,861 $358,829 $9,470 $349,359
2023 $41,538 $332,249 $10,522 $321,727
2022 $37,548 $355,950 $11,700 $344,250
2021 $34,943 $284,850 $11,700 $273,150
2020 $38,584 $312,300 $11,700 $300,600
2019 $37,655 $308,250 $11,700 $296,550
2018 $39,561 $295,605 $9,716 $285,889
2017 $37,954 $282,753 $9,802 $272,951
2016 $34,578 $282,753 $9,802 $272,951
2015 $21,913 $248,346 $10,798 $237,548
2014 $21,913 $229,950 $11,700 $218,250
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    Fangyang Shen

    Sun Realty New York Inc

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 477333

Brooklyn Board of REALTORS®

APN: 03451-0024

New York Queens County Ridgewood 11385 Ridgewood

1693 Putnam Ave, Ridgewood, NY

This home is located at 1693 Putnam Ave, Ridgewood, NY 11385 and is currently priced at $3,250,000, approximately $527 per square foot. This property was built in 1916. 1693 Putnam Ave is a home located in Queens County with nearby schools including P.S. 239, Joseph F. Quinn Intermediate School 77, and St. Brigid-St. Frances Cabrini Catholic Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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