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Sold for $799,000
  • $799,000

    59-28 Palmetto Street, Ridgewood, NY 11385

    6beds
    1,733sqft
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $1,208,600 Zestimate®
    $461/sqft
    $3,675 Estimated rent

    Home value

    $1,208,600

    $1.10M - $1.33M

    $3,675/mo

    Zestimate® history
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    $3,675/mo

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    $4,773/mo

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    What's special

    Investors delight. Large 2 Family house in prime location of Ridgewood, Queens. House features a building size of 17.33' x 50' and sits on a 17.33' x 100' lot with R5B zoning. House being sold with tenants who are paying $800/each, no leases. They pay on time every month and are in good standing with the landlord. 2nd floor features 3 bedrooms, high ceilings, upgraded kitchen, full bath, hardwood floors, and much more. 1st floor features 2 bedrooms, full bath, open concept kitchen, high ceilings, access to raised deck, private backyard, and much more. Basement runs the full length of the building and features a large recreation area, high ceilings, house utilities, access to front yard and access to backyard. House is very well maintained. Location is great! Just 2 blocks from trendy Fresh Pond Rd, 2 blocks from local Deli, 4 blocks from Forest Av Station (M line), 5 blocks from local Food Market, and 10 blocks from Grover Cleveland Playground. Recently named one of the coolest neighborhoods in the world by TimeOut New York, this area has everything you could ask for in an investment property. Easy access to Manhattan via M train at Forest Av Station, L train at Myrtle - Wycoff Station, or Q39 at Forest Ave/Gates Ave. A great opportunity to own a multi family home in one of the most popular neighborhoods in NYC!, Additional information: Appearance:AVERAGE,Interior Features:Lr/Dr,Separate Hotwater Heater:No

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 11:55am

    Listed by:

    George Herrera 347-846-1200,

    Keller Williams Landmark II 347-846-1200,

    Abigail Herrera 718-968-5538,

    Keller Williams Landmark II

    Bought with:

    Marc W. Schaeffer, 10301224005

    Brown Harris Stevens

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3460192MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Hot Water, Oil
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Oil Water Heater
    Features
    • Eat-in Kitchen
    • Flooring: Hardwood
    • Basement: Full,Unfinished,Walk-Out Access
    • Attic: None
    Interior area
    • Total structure area: 1,733
    • Total interior livable area: 1,733 sqft

    Property

    Parking
    • Parking features: None, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Exterior features: Private Entrance
    • Fencing: Fenced
    Lot
    • Size: 1,733 sqft
    • Dimensions: 17.33 x 100
    • Features: Near Public Transit, Near Shops
    Details
    • Parcel number: 034990026
    • Zoning: R5B

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Cedar
    Condition
    • Year built: 1920

    Utilities & green energy

    • Gas: Separate Gas Meters: 2
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ridgewood

    Other

    Other facts
    • Listing agreement: Exclusive Agency

    Price history

    DateEventPrice
    5/30/2023Sold$799,000$461/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L3460192 Report a problem
    4/21/2023Pending sale$799,000$461/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3460192 Report a problem
    2/22/2023Listed for sale$799,000$461/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3460192 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $64,620 +10%
    2023-- $58,740 -2.7%
    2022-- $60,360 +20.6%

    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ps 88 Seneca
    • Middle: Is 93 Ridgewood
    • High: Grover Cleveland High School

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.