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.
In contract
Price cut: $88.9K (4/26)
$1,399,999
5917 Putnam Ave, Ridgewood, NY 11385
7beds
2,200sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$636/sqft
$-- HOA
What's special
Private backyardClassic brick two-family homeSeparate street-level accessExpansive railroad-style layouts
- 123 days |
- 436 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Mitra Hakimi Realty Group, LLC 718-268-5588,
Etan Hakimi
Source: StreetEasy,MLS#: S1812276
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Video & virtual tour
Property
Details
- Parcel number: 035010060
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Ridgewood
Location
- Region: Ridgewood
Financial & listing details
- Price per square foot: $636/sqft
- Tax assessed value: $1,176,000
- Annual tax amount: $7,992
- Date on market: 2/23/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,831/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Contingent | $1,399,999$636/sqft |
Source: StreetEasy #S1812276 Report a problem | ||
| 6/24/2026 | Pending sale | $1,399,999$636/sqft |
Source: | ||
| 4/26/2026 | Price change | $1,399,999-6%$636/sqft |
Source: | ||
| 2/23/2026 | Listed for sale | $1,488,888$677/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $70,560 -2.3% |
| 2024 | -- | $72,240 +8.3% |
| 2023 | -- | $66,720 -1.4% |
| 2022 | -- | $67,680 +15.2% |
| 2021 | -- | $58,740 +3.4% |
| 2020 | $7,098 +2.9% | $56,820 +8.2% |
| 2019 | $6,901 +7.1% | $52,500 +70.4% |
| 2018 | $6,446 +7.6% | $30,812 +4.9% |
| 2017 | $5,989 +9.6% | $29,378 +5.1% |
| 2016 | $5,464 | $27,945 +0% |
| 2015 | $5,464 +63.5% | $27,943 +2.8% |
| 2014 | $3,343 | $27,169 +5.8% |
| 2013 | -- | $25,677 +4.9% |
| 2012 | -- | $24,482 +5.1% |
| 2011 | -- | $23,288 +0% |
| 2010 | -- | $23,286 +2.8% |
| 2009 | -- | $22,641 +5.8% |
| 2008 | -- | $21,398 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Ridgewood
Nearby schools
GreatSchools rating
- 6/10Ps 88 SenecaGrades: PK-5Distance: 0.3 mi
- 3/10Is 93 RidgewoodGrades: 6-8Distance: 0.1 mi
- 2/10Grover Cleveland H.S.Grades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.





