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5
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$755,000
Est. payment /mo
0.31 Acres Lot
Active
6444 Palmetto ST Ridgewood, NY 11385
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 943394
Rental Info No
Year Built 1930
Annual Tax Amount $12,268
Lot Size 0.311 Acres
Acres 0.3107
Property Sub-Type Other
Source onekey2
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.
Location
State NY
County Queens
Interior
Heating See Remarks
Cooling None
Fireplace No
Exterior
Utilities Available See Remarks
Building
Sewer Other
Water Other
Structure Type Brick
Others
Special Listing Condition None
Listed by EXP Realty • Abel Curiel
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