6444 Palmetto Street, Ridgewood, NY 11385

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List Price
$755,000
Days on Market
46
MLS#
943394
Status
PENDING
Property Type
Other
Year Built
1930
Property Tax
$12,268

Property Description

Income-producing garage asset located in Ridgewood, Queens. The property features 14 garage units on a 5,200 SF lot with consistent and high vehicle storage demand. Zoned R5B with unused residential FAR, the property offers a clear value-add angle with up to approximately 4,220 buildable residential square feet. Built in 1930, the asset benefits from low operating complexity, stable cash flow potential, and a strong land component. Situated within a well-established Ridgewood corridor near major transit access, this location supports steady and passive income plus future upside for investors in Queens.

Additional Information

Acres
0.31
Heating
See Remarks
Cooling
None
Water
Other
Sewer
Other

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Abel Curiel (abel@go-rebuild.com) from Listing Office: EXP Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.