6050 Putnam Ave
Listing Notes
Welcome to 60-50 Putnam Avenue, a rare opportunity to own a three-family property in the heart of Ridgewood, Queens. Built in 1915, this well-maintained triplex sits on a 20' x 96' lot and features a substantial 20' x 60' building footprint spanning three stories. The property offers three spacious residential units, including one 3-bedroom apartment and two 4-bedroom apartments, with each unit featuring its own full bathroom. Whether you're an investor seeking strong rental potential or an end-user looking for a multi-generational living arrangement, the ability to take title with the property delivered fully vacant provides exceptional flexibility. Buyers can immediately lease the units at current market rents, renovate to their specifications, or occupy one or more apartments while generating rental income from the others. Adding to the property's appeal is a detached three-car garage, a highly sought-after amenity in Ridgewood that offers valuable parking, storage, or additional income potential. Annual property taxes are just $9,364.16, making this an attractive long-term investment opportunity. Ideally situated near neighborhood shops, restaurants, parks, schools, and public transportation, this property combines convenience, versatility, and income potential in one of Queens' most desirable and steadily appreciating neighborhoods. Don't miss this opportunity to acquire a vacant three-family property with private garage parking in a prime Ridgewood location.
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $999,000 to $2,400,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 59-45 Woodbine St | $999,000 | 5 bd · 2 ba |
| 60-67 Putnam Ave | $1,175,000 | 6 bd · 2 ba |
| 60-77 69th Ave | $1,299,000 | 5 bd · 2 ba |
| 60-34 69th Ave | $1,299,000 | 5 bd · 2 ba |
| 6034 Linden St | $1,300,000 | 4 bd · 3 ba |
| 6051 68th Ave | $1,328,888 | 5 bd · 2 ba |
| 862 Woodward Ave | $1,349,000 | 15 bd · 6 ba |
| 6031 67th Ave | $1,350,000 | 8 bd · 4 ba |
| 59-17 70th Ave | $1,399,000 | 6 bd · 2 ba |
| 6424 Madison St Unit 4VACANT | $1,438,000 | 6 bd · 6 ba |
| 5929 Linden St | $1,499,000 | 2 bd |
| 6016 68th Rd | $1,500,000 | 6 bd · 2 ba |
| 5805 69th Ave | $1,628,000 | Studio |
| 5805 69th Ave | $1,628,000 | Studio |
| 6817 Forest Ave | $1,650,000 | 4 bd · 3 ba |
| 6010 Linden St | $1,650,000 | Studio |
| 5926 Grove St | $1,659,000 | Studio |
| 6063 Catalpa Ave | $1,750,000 | 6 bd · 4 ba |
| 64-07 68th Ave | $1,765,000 | 5 bd · 2 ba |
| 60-98 69th Ave | $1,899,000 | 4 bd · 2 ba |
| 6046 Putnam Ave | $1,975,000 | 7 bd |
| 60-12 Menahan St | $1,980,000 | 10 bd · 8 ba |
| 6119 Madison St | $2,158,000 | 30 bd · 8 ba |
| 59-09 71st Ave | $2,400,000 | Studio |
Where it is
For sale Coming soon Recently sold— zoom out for more