by RH Advisors

See Home Value
$799,000
Multifamily - Off Market

59-28 Palmetto Street

Ridgewood, NY 11385
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
$820,277
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model

About This Property

Investors delight. Large 2 Family house in prime location of Ridgewood, Queens. House features a building size of 17.33' x 50' and sits on a 17.33' x 100' lot with R5B zoning. House being sold with tenants who are paying $800/each, no leases. They pay on time every month and are in good standing with the landlord. 2nd floor features 3 bedrooms, high ceilings, upgraded kitchen, full bath, hardwood floors, and much more. 1st floor features 2 bedrooms, full bath, open concept kitchen, high ceilings, access to raised deck, private backyard, and much more. Basement runs the full length of the building and features a large recreation area, high ceilings, house utilities, access to front yard and access to backyard. House is very well maintained. Location is great! Just 2 blocks from trendy Fresh Pond Rd, 2 blocks from local Deli, 4 blocks from Forest Av Station (M line), 5 blocks from local Food Market, and 10 blocks from Grover Cleveland Playground. Recently named one of the coolest neighborhoods in the world by TimeOut New York, this area has everything you could ask for in an investment property. Easy access to Manhattan via M train at Forest Av Station, L train at Myrtle - Wycoff Station, or Q39 at Forest Ave/Gates Ave. A great opportunity to own a multi family home in one of the most popular neighborhoods in NYC!
Unit Size
-
Days on Market
97 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$429
HOA Dues
-
Year Built
1920
Last updated: 12 months ago (OneKey MLS #3460192)

Price History

Date / Event Date Event Price
May 30, 2023 Sold $799,000
Sold
Apr 21, 2023 In contract -
In contract
Feb 22, 2023 Listed by Keller Williams Landmark II $799,000
Listed by Keller Williams Landmark II

Property Highlights

Parking Available
Parking Details
Parking Features: No Garage, None, On Street
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 2

Interior Information

Interior Features: Den/Family Room, Eat-in Kitchen, Living Room / Dining Room
Appliances: Oven, Refrigerator
Flooring Type: Hardwood

Room Information

Rooms: 11

Basement Information

Basement: Full, Unfinished, Walk-Out Access


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
3 Baths
-
$755,000 May 1, 2019
$755,000 Jan 8, 2020
$400/mo
Multifamily
5 Beds
2 Baths
-
$800,000 Nov 18, 2019
$800,000 Oct 1, 2020
$520/mo
Multifamily
5 Beds
2 Baths
-
$985,000 Sep 27, 2019
$985,000 Jan 24, 2020
$561/mo
Multifamily
5 Beds
2 Baths
-
$865,000 Aug 28, 2019
$865,000 Jul 13, 2020
$512/mo
Multifamily
5 Beds
2 Baths
-
$920,000 Jul 29, 2019
$920,000 Sep 3, 2020
$551/mo
Multifamily
5 Beds
2 Baths
-
$930,000 Mar 20, 2019
$930,000 Sep 27, 2019
$412/mo
In Contract
Multifamily
5 Beds
3 Baths
-
$950,000 Apr 12, 2023
-
$686/mo
Multifamily
5 Beds
3 Baths
-
$899,999 Jan 16, 2023
-
$429/mo
Multifamily
2 Beds
2 Baths
-
$868,868 Apr 6, 2023
-
$429/mo
In Contract
Multifamily
4 Beds
3 Baths
-
$845,000 Dec 28, 2022
-
$408/mo
Multifamily
12 Beds
6 Baths
-
$825,000 Aug 10, 2022
-
$1,107/mo
Multifamily
9 Beds
3 Baths
-
$839,000 Apr 4, 2023
-
$646/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230222
02/22/2023
6 Bed
3 Bath
-
$799,000
bedrooms
6 Bed
bathrooms
3 Bath
$799,000
05/26/2023
Abigail Herrera
Keller Williams Landmark II

Building Info

59-28 Palmetto Street 59-28 Palmetto Street, Ridgewood, NY 11385
  • 2 Units
More about this Building
59-28 Palmetto Street
Want to find out who owns 59-28 Palmetto Street, Ridgewood, NY 11385? Get detailed property transactions here .

About Northwestern Queens


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