Water Front Luxury Realty

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$3,200,000
3 Days On Site

1670 Putnam Avenue
Ridgewood, NY 11385

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
5,586
SqFt
$573
/SqFt
1931
Built
County:
Queens
Listing courtesy of Crifasi Real Estate Inc saljoseph@crifasi.com

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1670 Putnam Avenue1670 Putnam Avenue1670 Putnam Avenue1670 Putnam Avenue
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Monthly Payment (Est.)

$14,600
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Located just two blocks from the Myrtle–Wyckoff L/M subway station, a major neighborhood hub, the location offers strong visibility and connectivity within one of Queens’ most dynamic retail and residential corridors. One of the commercial spaces may have exclusive access to the backyard and basement, making it especially attractive for businesses or professionals seeking privacy and flexibility. This setup is ideal for an end user looking to occupy a space while collecting additional income, or for an investor seeking stable returns with upside potential. The residential units are currently rented below market, offering a clear path to increased income over time. Zoned C4-3A, the property has 2,668 square feet of unused FAR, presenting a potential opportunity to add up to two additional floors, subject to approvals. Importantly, the property is not within the Ridgewood Historic District, so there are no facade restrictions, allowing for greater design and development flexibility. Surrounded by some of Ridgewood’s most loved destinations—including Julia’s, Rolo’s, Topos Bookstore Café, and TV Eye—this location benefits from a strong, growing local culture and steady demand. Whether you're looking for a long-term hold with development potential or a space to both operate and invest, this building checks all the boxes. Doctor Office: $3,700 projected rent Dentist Office $3,700 3% increase lease expires January 1, 2026, 10 year lease Apt 2L $2,400, 3 bedroom, 1 bath, railroad, no lease Apt 2R $2,200, 3 bedroom, 1 bath railroad, no lease Apt 3L $2,400, 3 bedroom, 1 bath, railroad, no lease Apt 3R $2,200, 3 bedroom, 1 bath, railroad, no lease Estimated Expenses: Fuel: $8,496. Water & Sewer: $2,593 Insurance: $3,600 Common Area Electric: $2,458 (includes Doctors Office) Boiler Inspection: $400

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Listing Snapshot
Price 
$3,200,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,586 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0631 Acres
Year Built 
1931
MLS® Number 
868206
Status 
Active
Property Tax 
$20,533.16
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoStatus changed to Active
2 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.0631
Cross Street 
Myrtle Ave
Number Of Stories 
3
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
5586
Utilities 
Natural Gas AvailableCable ConnectedElectricity AvailableNatural Gas Connected
Water Source 
Public
Interior Features
Basement 
FullStorage SpaceUnfinished
Cooling 
Wall/Window Unit(s)
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Community Features
Accessibility Features 
Accessible Approach with RampAccessible Common AreaAccessible Stairway
Listing courtesy of Crifasi Real Estate Inc saljoseph@crifasi.com


Based on information submitted to the MLS GRID as of 2025-07-11 11:31 AM EDT. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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