Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,490,000

· Sold at asking price · Closed June 27, 2023

SOLD: 59-42 Palmetto Street
SOLD $1,490,000
Sold Multi Family

$1,490,000

$1,242 per sq ft

59-42 Palmetto Street

Ridgewood, Queens

MLS® #RLS10864332

RLS at REBNY

Listing by Compass

4

Bedrooms

3.5

Baths

1,200

Sq. Ft.

1920

Year Built

Sale Details

Sale Price $1,490,000
Original List Price $1,490,000
Close Date June 27, 2023
vs. Asking Sold at asking price

Property Summary

Bedrooms 4
Bathrooms 3 full, 1 half
Living Area 1,200 sq ft
Year Built 1920
Neighborhood Ridgewood

Description

*$200K PRICE IMPROVEMENT* Rare to Market! 5,000SF lot with 2 Family Home. 5,550SF of unused FAR. Prime Ridgewood location. Incredible opportunity to build, or use the space and garages as a workshop, rare garden retreat, or park a number of vehicles. Lot is (50x100, R5B zoning) Home was renovated 12 years ago with new mechanicals. Both units feature four exposures with two bedrooms, open living / dining, modern kitchens with full stainless steel appliances, oversized baths and hardwood floors. First floor unit includes a private deck. In addition, there is a finished basement and crawl space attic. The lot has a two car garage (currently used as storage), a private garden with mature trees and parking available for five or more vehicles. Conveniently located just three blocks from the M subway Forest Ave - it's a quick 30 minutes from Manhattan. Nearby favorites to eat and dine include recent additions to the Michelin Guide Porcelain and Rolo's, Sundown Bar, the Acre, Norma's Corner Shoppe and new arrival Ester wine bar just to name a few. Do not miss this limited opportunity to buy a two family home with an exceptional lot size in prime Ridgewood. 360 Matterport tour available upon request. All showings including open house are by private appointment.

Property Details

Type Multi Family
Total Rooms 8
Year Built 1920
Living Area 1,200 sq ft

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RLS at REBNY

Listing courtesy of Christian Wittmann at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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