1702 Palmetto St BLDG
queens, NY 11385$2,500,000
- 10 BR5 BAAPPROX. 4,800 SF
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Prime Ridgewood: Mixed-Use Building Value-Add Investment Opportunity All Units Free Market
This is a rare opportunity to acquire a prime mixed-use building located in the heart of Ridgewood (Voted #1 Hottest neighborhoods for 2025 by Time Out), ideally positioned between two subway stations (L & M lines). This corner property presents substantial value-add potential, with all units being free market with one unit currently vacant.
The building offers significant upside in rental income with opportunities to improve the existing layout. The commercial tenant is currently on a month-to-month lease.
With convenient access to Manhattan via the L & M subway lines, this property is highly desirable for residential tenants. The buildings location and characteristics make it an excellent investment for those seeking strong future returns.
Key Details:
Lot Dimensions: 20 100 Zoning: R6B Building Class: S5 Total Square Feet: 4,800 sq ft Taxes: $20,526
For further information or to schedule a viewing, please contact Jamie_Ng.
available on
4/18/2025Details
4,800 Sq Ft
Other
Built in 1930
MLS/Listing ID RLS20004505
Amenities & Features
City View
Heating - Radiant
Unfurnished
Exposures - West, South
Pets Allowed
Listing Courtesy of SPIRE GROUP INC, CHUN M NG - 212-300-6412
Source of Data: REAL ESTATE BOARD OF NEW YORK
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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