5,610 sqft

$1,000,000

1665 Palmetto Street, Ridgewood NY, 11385

Price per sqft$178.25

Built in1930

Property size5,610 sqft

Property typeCommercial

Courtesy of Amorelli Realty LLC, John P. Bachas Listing Contact: 516-404-7056

Overview

Active

Listed Oct 14, 2026

Updated 6h ago

6 Family Rent Stabilized 9.3% CAP Rate Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent 1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.77 3L $1,257.61 3R $2,096.27 Monthly Total $11,818.97 Annual $141,828 ANNUAL EXPENSES Real Estate Taxes $17,510 Electricity $973 Insurance $8,390 Water / Sewer $7,995 Heating $7,413 Repairs & Maintenance $5,000 Vacancy $4,255 Total Annual $51,536 Buyers must show proof of funds to tour.

Additional information

MLS^® ID: 1062579

Interior Features

Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $13,132
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 6:25 PM UTC on 10/14/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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