Water Front Luxury Realty

Save
Ask
Tour
Hide
Share
$2,350,000
70 Days On Site

1702 Palmetto Street
Ridgewood, NY 11385

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,800
SqFt
$490
/SqFt
1930
Built
County:
Queens
Listing courtesy of Exit All Seasons Realty allseasonsr@yahoo.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 987-456-3210
Is this the listing for you? We can help make it yours.
987-456-3210
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$10,722
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

STRONG CASH FLOW & DIVERSE INCOME STREAM- This Brick Building Offers ONE COMMERCIAL Store Front & FIVE FREE MARKET RESIDENTIAL APARTMENTS. Ridgewood Is Recognized For It's RAPID GROWTH And Various New Construction And Condo Conversions So Don't Miss This Armchair Investment Opportunity In A Market Where MIXED- USE PROPERTIES Rarely Become Available. With All Rents Currently Below Market Value There Is Substantial Value-Add Opportunity & Significant Upside Potential For Future Appreciation. By Improving Leasing And Raising The Rents To Current Market Rate There Is A Chance For A Cap Rate Over 10%.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,350,000
Days On Site 
70 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0459 Acres
Year Built 
1930
MLS® Number 
841957
Status 
Active
Property Tax 
$20,525.56
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.0459
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4800
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Multi Units
Heating 
Natural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Community Features
School District 
Queens24
Schools
School District
Queens24
Elementary School
Ps 239
Middle School
Is 77
High School
Grover Cleveland High School
Listing courtesy of Exit All Seasons Realty allseasonsr@yahoo.com


Based on information submitted to the MLS GRID as of 2025-06-07 07:16 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share

REACH MICHELLE MADTES!


    error: Content is protected !!