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1920 Palmetto St 1920 Palmetto St 4 Unit Dormitory $2,790,444 CAD ($697,611 CAD/Unit) Ridgewood, NY 11385

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INVESTMENT HIGHLIGHTS

  • Great Location!! Only 3 blocks to subway
  • Near transportation, shops, restaurants cafes and much more
  • 1 Apt. will be Vacant on Title

EXECUTIVE SUMMARY

Great Investment Opportunity!
Spacious 4-family home located just 3 blocks from the subway. The property features three railroad-style apartments, each offering 5 rooms, 2 bedrooms, and 1 full bath, plus a separate studio apartment. Each unit excluding the studio apt. includes an eat-in kitchen and combined living/dining area. The home also boasts a beautifully finished basement and a nice backyard—perfect for outdoor enjoyment. One apartment will be delivered vacant at closing. Perfect location—close to shopping, transportation, restaurants, and cafes! All tenants are month to month with no leases. Approx. annual taxes are $9,273
Rents are as follows:
1R-2 Bedroom-$2,350
1L-Studio-$1,900
2R-2 Bedroom-$2,000
2L-2 Bedroom-Vacant on title

PROPERTY FACTS

Price $2,790,444 CAD
Price Per Unit $697,611 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Dormitory
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 2,750 SF
No. Stories 2
Year Built 1930
Zoning R5B

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Eat-in Kitchen
  • Refrigerator
  • Range
  • Basement
  • Dining Room

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03479-0025
Land Assessment
$12,504 CAD
Improvements Assessment
$92,174 CAD
Total Assessment
$104,678 CAD
  • Listing ID: 38373010

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 1920 Palmetto St, Ridgewood, NY 11385

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