Asking Price
Inquire for Pricing
Addresses
59-39 Palmetto Street, 59-41 Palmetto Street, 60-15 Palmetto Street, Ridgewood NY 11385
Block / Lots
3498 / 66, 64 & 3527 / 125
Gross Building SF
8,900 SF (approx.)
Total Residential Units
12
Zoning
R5B
For sale
The Palmetto Street Multifamily Portfolio
Ridgewood, NY
11385
Ridgewood, Queens
59-39 Palmetto Street, 59-41 Palmetto Street, 60-15 Palmetto Street
- Multi-Family
Key Details
Investment Highlights
- Prime Ridgewood Location - Located in the heart of Ridgewood, one of Queens’ most desirable and rapidly evolving neighborhoods, the property benefits from strong residential demand and short walking distance to a vibrant mix of local and national retailers.
- Fully Free-Market Tenancy - All three buildings are free-market multifamily assets with no rent stabilization component.
- Value-Add Opportunity Through Vacancy & Renovation Potential - The portfolio presents immediate upside with two vacant units and month to month tenancy. This provides a new owner the ability to renovate interiors, allowing investors to increase rental income and modernize the assets.
Brokers
Request Pricing / Contact
For sale
The Palmetto Street Multifamily Portfolio, Ridgewood, NY 11385
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