Home » Real Estate » NY » Ridgewood » 11385 » 5917 Putnam Avenue, Ridgewood, NY, 11385
$1,399,999

5917 Putnam Avenue, Ridgewood, NY, 11385

7 Beds
2 Baths
Discover the perfect combination of space and investment potential in this classic brick two-family home. Spanning a generous 2,200 total square feet (20x55 Building Size), this property is an exceptional find for an end-user looking to live in one unit while collecting high-market rent from the other, or for an investor seeking a turnkey asset in a high-demand neighborhood. With annual property taxes of approximately $7,985, this home offers a stable and attractive financial profile. The residence is designed with expansive railroad-style layouts that maximize every inch of living space. The first-floor apartment is configured as a 3-bedroom with a large living room and provides the exclusive benefit of a private backyard, ideal for outdoor dining, gardening, or a peaceful retreat. The second-floor apartment offers an even larger 4-bedroom layout with a central living room, providing incredible flexibility for tenants or a growing household. Complementing both units is an open basement featuring high ceilings and separate street-level access, potential for a home gym, workshop, or extensive storage. Located in a vibrant section of Ridgewood, the home is surrounded by local convenience and culture. You are just a short walk from a diverse array of neighborhood cafes, restaurants, and grocery stores. Commuting is effortless with the M and L subway lines nearby, alongside several local bus routes including the B38, Q39, and Q54, ensuring a quick and easy connection to Manhattan and throughout Brooklyn and Queens.
Offered By
Etan Hakimi, Mitra Hakimi Realty Group LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 7
Bathrooms (Full) 2
Property Sub Type Duplex
MLS # 964322

Market Trends

New Properties On Market
37
16% Decrease In New Listings
Average Asking Price
$999,843
$54,193 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$560
$192 Decrease In List Price/Sq. Ft.
Average Days On Market
9
10 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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