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1920 Palmetto St 1920 Palmetto St 4 Unit Dormitory $1,999,000 ($499,750/Unit) Ridgewood, NY 11385
INVESTMENT HIGHLIGHTS
- Great Location!! Only 3 blocks to subway
- Near transportation, shops, restaurants cafes and much more
- 1 Apt. will be Vacant on Title
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Eat-in Kitchen
- Refrigerator
- Range
- Basement
- Dining Room
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 03479-0025 | Improvements Assessment | $65,325 |
| Land Assessment | $8,862 | Total Assessment | $74,187 |
PROPERTY TAXES
Parcel Number
03479-0025
Land Assessment
$8,862
Improvements Assessment
$65,325
Total Assessment
$74,187
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1920 Palmetto St | 1920 Palmetto St
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