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.
Listed by Etan Hakimi
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Mitra Hakimi Realty Group LLC
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718-268-5588
Last updated February 24, 2026
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Source: OneKey #964322
Listing Facts
TypeMulti-family
NeighborhoodRidgewood
Bedrooms7
Bathrooms2
Days on Prevu40
Taxes$7,985/year
Location
Mortgage Calculator
Listing History
02/23/2026
Listed by Mitra Hakimi Realty Group LLC
$1,488,888
Estimated Closing Costs
Total
$54,016
Attorney Fees
$4,000
NYC Mansion Tax
$14,888
Title Insurance
$6,700
Bank Attorney
$1,500
Mortgage Recording Tax
$22,928
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,488,888 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 5917 Putnam Avenue
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1920
Construction Materials: Brick
Measurements
Building Area Total: 2,200
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Dimensions: 2,094
Lot Size Square Feet: 1,883
Financial
Taxes
Parcel Number: 03501-0060
Tax Annual Amount: $7,985.00
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Full, Unfinished, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 7
Utilities
Equipment
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 7 bedrooms and 2 bathrooms in this multi-family home at 5917 Putnam Avenue.
What are the annual taxes for 5917 Putnam Avenue?
Annual taxes for this multi-family home are estimated at $7,985.
How does 5917 Putnam Avenue compare to other multi-family homes in Ridgewood?
This multi-family home is listed 2% below the average price for multi-family homes in Ridgewood and has been on the market for 66 less days than the typical home in this area.
5917 Putnam Avenue is a 7-bedroom, 2-bath multi-family home for sale in Ridgewood NY 11385. On Prevu for 40 days at $1,488,888. This home is located in Ridgewood. The median listing price for multi-family homes in this area is $1,395,000. Explore more multi-family home listings in Queens.
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