The Palmetto Street Multifamily Portfolio is a package of three multifamily buildings located in the heart of Ridgewood, one of Queens’ most desirable and rapidly evolving neighborhoods. The property benefits from strong residential demand and short walking distance to a vibrant mix of local and national retailers. The buildings are located at 59-41 Palmetto Street, 59-39 Palmetto Street, and 60-15 Palmetto Street. All three buildings are fully free-market assets with no rent stabilization component. The portfolio offers a value-add opportunity through vacancy and renovation potential, with immediate upside from two vacant units and a month-to-month tenancy. This provides a new owner the ability to renovate interiors, allowing investors to increase rental income and modernize the assets. For additional information or to arrange for property inspection, inquire with exclusive brokers.