For Sale Multi-Family MLS# 1062579

1665 Palmetto Street

Ridgewood, NY 11385

$1,000,000

onekey_mls logo

Listing Office

Officeonekey_mls logoAmorelli Realty LLC

About 1665 Palmetto Street

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.

Property details

Property

Type
multi
Year built
1930
Living area
5,610 sqft
Price / sqft
$178
Lot
0.0629 ac
List date
Oct 13, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Ridgewood
Neighborhood
Ridgewood

Location

Neighborhood
Ridgewood
School district
New York City Department Of Education

Ask about this property

Questions on 1665 Palmetto Street, Ridgewood, NY 11385, or want to see it in person?

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.