Active
  • $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.
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