1924 Palmetto Street, Ridgewood, NY 11385
1924 Palmetto Street, Ridgewood, NY 11385
1924 Palmetto Street, Ridgewood, NY 11385
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Hal Blake

Hal Blake

+1(718) 608-4892
$1,600,000
Est. payment /mo
4 Beds
4 Baths
2,750 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,750 sqft

Price per Sqft $581

MLS Listing ID 11994545

Bedrooms 4

Full Baths 4

Year Built 1930

Annual Tax Amount $9,229

Lot Size 2,500 Sqft

Property Description

Free-market four-family investment property 4 residential units Two recently renovated upper-floor apartments Updated kitchens with stainless steel appliances, including dishwashers Three of the occupied units are month-to-month Actual gross annual income: $110,760 Potential gross annual income: $199,200 Significant rental upside, including potential to duplex the first-floor units Approx. 2,750 SF building 25' x 55' building footprint 25' x 100' lot - approx. 2,500 SF R5B zoning 1.10 current FAR / 1.50 residential FAR Approx. 3,750 SF maximum buildable area Approx. 1,000 SF of additional buildable area Tax Class 2A Built in 1930 Approx. annual property taxes: $9,229 Located in prime Ridgewood, near Rosemary's Playground and the Woodward Avenue corridor

Location

State NY

County 36081

Rooms

Basement Full

Dining Room 0

Kitchen Open

Building

Story 2

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Hal Blake
Hal Blake

Broker License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY 10314-3403, USA

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1924 Palmetto Street

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