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Undisclosed Address in Ridgewood, NY 11385
Listing provided by Jaroslaw Kaszuba together with EXIT ALL SEASONS REALTY
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$2,350,000
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Home Details 1702 Palmetto Street
Price
$2,350,000
Type
Commercial/Industrial
Year Build
1930
Lot Size
0.0459
County
Queens
Basement
Full
Tax
$20,525.56
MLS®️ Listing#
841957
On exitrealty.com
199 days
Property Description
STRONG CASH FLOW & DIVERSE INCOME STREAM- This Brick Building Offers ONE COMMERCIAL Store Front & FIVE FREE MARKET RESIDENTIAL APARTMENTS. Ridgewood Is Recognized For It's RAPID GROWTH And Various New Construction And Condo Conversions So Don't Miss This Armchair Investment Opportunity In A Market Where MIXED- USE PROPERTIES Rarely Become Available. With All Rents Currently Below Market Value There Is Substantial Value-Add Opportunity & Significant Upside Potential For Future Appreciation. By Improving Leasing And Raising The Rents To Current Market Rate There Is A Chance For A Cap Rate Over 10%.
- Utilities
- Natural Gas Available
- Electricity Connected
- Natural Gas Connected
- Cooling Information
- Multi Units
- Heating Information
- Natural Gas
- Water Features
- Public
- Basement
- Full
School Information
School Information 1702 Palmetto Street
Elementary School
Ps 239
Middle School
Is 77
High School
Grover Cleveland High School
Listing Courtesy: Exit All Seasons Realty - 718-345-4545
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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$2,350,000
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EXIT ALL SEASONS REALTY
8911 Glenwood Rd, Brooklyn, NY 11236
Jaroslaw Kaszuba
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