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THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 22 2025 AT 10:08 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

POWERED BY PURLIN.AI

1702 Palmetto St BLDG

queens, NY 11385

$2,500,000

  • 10 BR
    5 BA
    APPROX. 4,800 SF

INTERESTED? LET'S CONNECT

Prime Ridgewood: Mixed-Use Building Value-Add Investment Opportunity All Units Free Market

This is a rare opportunity to acquire a prime mixed-use building located in the heart of Ridgewood (Voted #1 Hottest neighborhoods for 2025 by Time Out), ideally positioned between two subway stations (L & M lines). This corner property presents substantial value-add potential, with all units being free market with one unit currently vacant.

The building offers significant upside in rental income with opportunities to improve the existing layout. The commercial tenant is currently on a month-to-month lease.

With convenient access to Manhattan via the L & M subway lines, this property is highly desirable for residential tenants. The buildings location and characteristics make it an excellent investment for those seeking strong future returns.

Key Details:

Lot Dimensions: 20 100 Zoning: R6B Building Class: S5 Total Square Feet: 4,800 sq ft Taxes: $20,526
For further information or to schedule a viewing, please contact Jamie_Ng.





available on

5/18/2025

Details

4,800 Sq Ft

Other

Built in 1930

MLS/Listing ID RLS20004505

Amenities & Features

Unfurnished

Heating - Radiant

City View

Exposures - South, West

Pets Allowed

Listing Courtesy of SPIRE GROUP INC, CHUN M NG - 212-300-6412

REBNY

Source of Data: REAL ESTATE BOARD OF NEW YORK

Interested in 1702 Palmetto St BLDG?

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2025 The Real Estate Board of New York, Inc., All rights reserved.