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$1,360,000
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Property Description
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.
Full Property Details
Full Property Details for 59-17 Putnam Ave
General
- Sold For: $1,360,000
- Taxes: $7,985
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 964322
- Added to Site: 188 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: None
Location
- County: Queens
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Unfinished, Walk-Out Access
- Building Size: 2200
- Square Feet: 2,200
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0432
- Lot Size (Sq. Ft.): 1,883
- Lot Dimensions: 20 ft x 94.17
Financial Considerations
- Tax Amount: $7,985
Disclosures and Reports
- Special Conditions: None
- Property ID: 03501-0060
Listed by Mitra Hakimi Realty Group LLC
Sold by Buyer Representation Office
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Schools
Schools serving 59-17 Putnam Ave
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 88 Seneca 60-85 Catalpa Ave, Queens, NY 11385 | PK-5 | 0.3 mi |
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385 | 6-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 59-17 Putnam Ave
Date
Details
Price
Change
Source
8/21/2026
Sold
$1,360,000
-2.86%
MLS
4/26/2026
Price Reduced
$1,399,999
-5.97%
MLS
2/23/2026
Listed
$1,488,888
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5917 Putnam Avenue, Ridgewood, NY 11385 (MLS# 964322) is a Multi-Family property that was sold at $1,360,000 on August 21, 2026. Want to learn more about 5917 Putnam Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

