10
See all 10 photos
Listing Courtesy of Spire Group Inc
$2,500,000
Est. payment /mo
10 Beds
5 Baths
4,800 SqFt
Active
1702 Palmetto Street #BLDG Queens, NY 11385
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $520
Subdivision Ridgewood
MLS Listing ID RLS20004505
Bedrooms 10
Full Baths 5
HOA Y/N Yes
Year Built 1930
Property Sub-Type Mixed Use
Property Description
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.
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.
Location
State NY
County Queens
Interior
Heating Radiant
Cooling Window Unit(s)
Furnishings Unfurnished
Fireplace No
Laundry Building None, None
Exterior
View Y/N Yes
View City
Private Pool No
Building
Dwelling Type Mixed Use
Story 3
New Construction No
Others
HOA Fee Include Water
Ownership None
Pets Allowed Building Yes, Yes
RLS Data display by Coastal Property Advisors