1930 Palmetto St | Ridgewood, NY 11385
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1930 Palmetto St
Ridgewood, NY 11385
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 5.5% Cap Rate
- all units can be converted to 3bdrms
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 5,700 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1930/2022 |
| Building Class | B | ||
| Zoning | R6B - C2 - Five To Six Families | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 5,700 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2022 |
| Zoning | R6B - C2 - Five To Six Families |
ABOUT 1930 PALMETTO ST , RIDGEWOOD, NY 11385
The subject property is a rent stabilized building in Ridgewood. Gross Rents approx 102,000, NOI 72,000. DHCR available upon request Massive Price Reduction due to new rent laws. Solid cap rate large apartments
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | 950 |
PROPERTY TAXES
| Parcel Number | 03479-0035 | Improvements Assessment | $149,349 |
| Land Assessment | $2,700 | Total Assessment | $152,049 |
PROPERTY TAXES
Parcel Number
03479-0035
Land Assessment
$2,700
Improvements Assessment
$149,349
Total Assessment
$152,049
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