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Sold for $1,275,000
  • $1,275,000

    1867 Palmetto St, Ridgewood, NY 11385

    8beds
    3,000sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $1,609,500 Zestimate®
    $425/sqft
    $3,634 Estimated rent

    Home value

    $1,609,500

    $1.42M - $1.85M

    $3,634/mo

    Zestimate® history
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    Owner options

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    $3,634/mo

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    $3,634/mo

    Rent Zestimate®

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    $7,762/mo

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    $7,762/mo

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    What's special

    Prime investment opportunity!!! Located in the heart of vibrant Ridgewood, this four-unit house boasts four spacious 2 bedroom, 1 bath apartments. With plenty of room for income growth, this well-maintained property is an investors dream. It is also perfectly located just minutes away from public transportation, making it very accessible to Manhattan and other boroughs.

    Zillow last checked: 7 hours ago

    Listing updated: September 04, 2024 at 07:08am

    Listed by:

    Gaetano Cirone,

    Keller Williams Realty Empire

    Source: BNYMLS,MLS#: 481586MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Oil, Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Refrigerator, Stove, Hot Water Coil in Boiler
    Features
    • Flooring: Tile
    • Basement: Full
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Street, None
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 2,500 sqft
    • Dimensions: 25x100
    • Features: Back Yard, Front Yard
    Details
    • Foundation area: 1500
    • Parcel number: 034680063
    • Zoning: R5B
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Siding, Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: 110 V

    Community & neighborhood

    Location
    • Region: Ridgewood
    • Subdivision: Queens

    Price history

    DateEventPrice
    9/3/2024Sold$1,275,000-10.5%$425/sqft
    Source: BNYMLS #481586 Report a problem
    5/23/2024Pending sale$1,425,000$475/sqft
    Source: BNYMLS #481586 Report a problem
    4/26/2024Listed for sale$1,425,000+850%$475/sqft
    Source: BNYMLS #481586 Report a problem
    11/14/1995Sold$150,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $226,800 -5.4%
    2023-- $239,850 -2.6%
    2022-- $246,150 +9.7%

    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating