1920 Palmetto St - Multi-Family FOR SALE


Ridgewood, NY 11385
$1,999,000 USD
718-894-8700
1920 Palmetto St, Ridgewood, NY for Sale
$1,999,000 USD
Multi-Family - FOR SALE
1/24
null | Request Cap Rate

1920 Palmetto St
Ridgewood, NY 11385


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$727 USD /SF

# OF UNITS

4

PRICE/UNIT

$499,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1920 Palmetto St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R5B

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

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Salvatore CrifasiCrifasi Commercial Real EstateMore Info
718-894-8700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.