The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,250,000
1822 Putnam Ave
Ridgewood, NY, 11385
View more Ridgewood, NY property pages18Beds
6Baths
5,200Sqft
$240$/sqft
Market Insights
Below nearby median-69%
$240/sqft vs a nearby median of $785/sqft.
Nearby median$785/sqft
Nearby properties12
Property size5,200 sqft
- -69% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 5,200 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.98M$3.59M – $4.37M · 42% confidence
vs ask $1.25M−$2.73M (−218.4%)
Asking price is about 218.4% below the fair value — likely to draw competing offers if it's still on market.
$785/sqft median across 5 tight comps × 5,200 sqft= $4.08M
- Visible condition issues−$204k −5.0%
- Transit access+$102k +2.5%
Cumulative NYC adjustments−$102k−2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 12 days
- Last price change
- No change recorded
- Listed
- Apr 30, 2026
- Photos
- 13 photos
- Property type
- multi family
- Status
- for sale
Photos
Price History
May 4, 2026Initial record
$1,250,000for sale