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.
Active
$1,488,888
5917 Putnam Ave, Ridgewood, NY 11385
7beds
2,200sqft
Multi Family
Built in 1920
-- sqft lot
$1,473,700 Zestimate®
$677/sqft
$-- HOA
What's special
Private backyardClassic brick two-family homeSeparate street-level accessExpansive railroad-style layouts
- 32 days |
- 1,101 |
- 48 |
Zillow last checked: 7 hours ago
Listing updated: February 24, 2026 at 11:12am
Listing by:
Mitra Hakimi Realty Group, LLC 718-268-5588,
Etan Hakimi
Source: StreetEasy,MLS#: S1812276
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
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: $677/sqft
- Tax assessed value: $1,204,000
- Annual tax amount: $7,992
- Date on market: 2/23/2026
Estimated market value
$1,473,700
$1.40M - $1.55M
$3,059/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Listed for sale | $1,488,888$677/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
BuyAbility℠ payment
Estimated monthly payment
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.
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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





