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  • $2,500,000

    1702 Palmetto St, Flushing, NY 11385

    10beds
    4,800sqft
    Mixed Use
    Built in 1930
    -- sqft lot
    $2,425,300 Zestimate®
    $521/sqft
    $-- HOA

    What's special

    Corner property
    **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 building’s 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.
    327 days
    on Zillow
    |
    149
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 10:55am

    Listing by:

    Spire Group 917-370-7806,

    Jamie Chun Ng

    Source: StreetEasy,MLS#: S1736958
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Bike Room
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 4,800
    • Total interior livable area: 4,800 sqft

    Property

    Features
    • Has view: Yes
    • View description: City
    Details
    • Parcel number: 034560006
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Condition
    • Year built: 1930

    Community & HOA

    Community
    • Subdivision: Ridgewood
    Location
    • Region: Flushing

    Financial & listing details

    • Price per square foot: $521/sqft
    • Tax assessed value: $710,000
    • Date on market: 9/26/2024
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