1665 Palmetto Street Ridgewood, NY $ 1,000,000
1665 Palmetto Street
$ 1,000,000
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1665 Palmetto Street

Ridgewood, NY, 11385
$ 1,000,000
Bedrooms-- Baths-- Sq 5,610

Monthly Estimate*

$ 6,907

1665 Palmetto Street, Ridgewood, NY 11385 - Image 1
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1665 Palmetto Street, Ridgewood, NY 11385 - Image 8
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Commercial Property for sale in Ridgewood, NY

for $1,000,000. This 5,610 square foot building was built in 1930 on a lot size of 0.0629.

6 Family Rent Stabilized 9.3% CAP Rate Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent 1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.77 3L $1,257.61 3R $2,096.27 Monthly Total $11,818.97 Annual $141,828 ANNUAL EXPENSES Real Estate Taxes $17,510 Electricity $973 Insurance $8,390 Water / Sewer $7,995 Heating $7,413 Repairs & Maintenance $5,000 Vacancy $4,255 Total Annual $51,536 Buyers must show proof of funds to tour.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 13,132

Style

Multi Family

Lot Size

0.0629

Year Built

1930

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

1062579

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Wall/Window Unit(s)
Utilities Water Connected
Zoning R6B
Construction Materials Brick
Year Built 1930
Property Subtype Multi Family
Tax Year 2026
Parcel Number 03448-0058
County Queens
Property Type Commercial Sale
City New York
High School District Contact Agent
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 13132.23
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 374850
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Interior
Basement Full
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 5610
Waterfront Y/N N
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Internal Only
Street Number 1 1665
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* Excluded Features
List By
John P. Bachas

Listing Agent

Amorelli Realty Llc

Broker

516-404-7056

Contact

Affordability Calculator

$8,001
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
$1,094
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892106 Elementary School
4892561 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$1,000,000 Listed Price

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1665 Palmetto Street, Ridgewood, NY, 11385 is a Commercial Property for sale at $1,000,000 with 5,610 sqft and a lot size of 0.0629. 1665 Palmetto Street was built in 1930. The property's zip code is 11385 which is in Ridgewood, NY