1702 Palmetto St

Ridgewood, NY 11385
  • $2,350,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing ALSE01 - 147267

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%.

Listing Highlights for 1702 Palmetto St

Status Active
Days on Site 160
Property Type Commercial Sale
MLS ® 841957
Year Built 1930
Total Square Footage 0
Lot/Acreage 0.05
County Queens
School District Queens24
Elementary School Ps 239
Middle School Is 77

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Multi Units
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $20,526
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 03456-0006
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

1702 Palmetto St Ridgewood, NY 11385

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Originating MLS: onekey2

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