1822 Putnam Ave Flushing, NY 11385
Ridgewood NeighborhoodEstimated payment $8,534/month
Highlights
- Heating System Uses Steam
- 3-minute walk to Seneca Avenue
- 4-minute walk to Rosemary's Playground
- Back Yard
About This Home
Six family solid brick building for sale in Ridgewood, Queens. Every unit features three bedroom and one full bathroom. It's well kept building and generates 4.4% cap rate. The basement has front and rear entrance, interior staircase leads to the spacious basement. Minutes away to business district on Myrtle Avenue. You would start collecting incomes at the same day when you close the deal.
Listing Agent
Rui (Nancy) Wu
Listed on: 07/11/2025
Co-Listing Agent
Jian (Carey) Yang
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,681
Year Built
- Built in 1931
Lot Details
- 2,717 Sq Ft Lot
- Lot Dimensions are 100 x 27
- Back Yard
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 5,200 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Stove
Bedrooms and Bathrooms
- 18 Bedrooms
- 6 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 3464
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $5,750
- Insurance Expense $4,200
- Utility Expense $700
- Gross Income $98,836
- Net Operating Income $61,305
Map
Home Values in the Area
Average Home Value in this Area
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 | $19,032 | $157,192 | $3,407 | $153,785 |
| 2024 | $19,032 | $152,233 | $3,958 | $148,275 |
| 2023 | $17,628 | $140,998 | $3,294 | $137,704 |
| 2022 | $15,938 | $361,350 | $6,750 | $354,600 |
| 2021 | $14,833 | $351,900 | $6,750 | $345,150 |
| 2020 | $15,035 | $386,100 | $6,750 | $379,350 |
| 2019 | $14,653 | $338,580 | $6,750 | $331,830 |
| 2018 | $13,795 | $108,460 | $2,595 | $105,865 |
| 2017 | $12,776 | $100,449 | $2,520 | $97,929 |
| 2016 | $11,991 | $100,449 | $2,520 | $97,929 |
| 2015 | $7,785 | $93,013 | $2,859 | $90,154 |
| 2014 | $7,785 | $90,079 | $2,906 | $87,173 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/28/2025 12/28/25 | Price Changed | $1,290,000 | -7.2% | $248 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $1,390,000 | -- | $267 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 494130
APN: 03463-0023
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Ask me questions while you tour the home.