1693 Putnam Ave
queens, NY 11385$4,558,000
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Rare Corner Mixed-Use: 4 Stores + 4 Residential Units, High Return
• Three stories + basement, approx. 6,160 sq.ft.
• Ground floor: 4 retail storefronts
• Second/Third floor: 4 newly renovated apartments (3BR/2BA, ~1,000 sq.ft. each, bright, brand-new appliances & wiring)
• Rental income $30,350/month, net ROI ~6.5%, fully occupied with stable tenants
• Separate meters/boilers, tenants pay heat & gas
• Corner of Cypress Ave & Putnam Ave, 6-min walk to L/M subway
• Surrounded by shops, restaurants, parks & daily amenities
• Zoning C4-3A mixed-use
Details
6,160 Sq Ft
2,206 Sq Ft Lot Size
Commercial
$46,288 Annual Tax
Built in 1916
MLS/Listing ID 915173
Amenities & Features
Construction - Brick
Cooling - Wall/window unit(s)
Hardwood
Brick Mortar
Heating - Baseboard
Lot - Corner Lot
Heating - Natural Gas
Source of Data: ONEKEY MLS
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