Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,275,000

· Closed September 3, 2024

1867 Palmetto Street
Closed For Sale Multi Family

$1,275,000

$425 per sq ft

1867 Palmetto Street

Ridgewood, Queens

MLS® #RLS10968088

RLS at REBNY

Listing by Keller Williams Realty Empire

8

Bedrooms

4

Baths

3,000

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 8
Bathrooms 4
Living Area 3,000 sq ft
Lot Size 2,500 sq ft
Year Built 1930
Ownership None
Property Taxes $9,578/yr
Neighborhood Ridgewood

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Baths 4 Full
Pets Yes
Cross Street Onderdonk Avenue/Woodward Avenue
Year Built 1930
Living Area 3,000 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 2,500 sq ft
Parcel # 03468-0063
Block/Lot 3468/63

Listing History

Event Date Price Change
Listed May 2, 2024 $1,425,000 -
Currently May 17, 2026 $1,275,000 -10.5%

Description

Amazing investment opportunity in Ridgewood Queens!!! Located in the heart of vibrant Ridgewood, Queens, this four-unit house boasts four spacious two bedroom, one-bathroom apartments. With plenty of room for income growth, this well-maintained property is an investors' dream. It is conveniently located just minutes away from public transportation, schools, shops, and parks.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 2
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $9,578/yr ($798/mo)
Original Price $1,425,000
Sale Price $1,275,000
Previous Price $1,425,000

Ridgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with stops at Seneca Avenue, Forest Avenue, and Fresh Pond Road, while the L train connects at Myrtle-Wyckoff Avenues. Highland Park and Ridgewood Reservoir border the neighborhood to the south, and the Vander Ende-Onderdonk House, an 18th-century landmark, marks the historic Queens-Brooklyn boundary.

Ridgewood Live Market Data

View Neighborhood

Active Listings

14

Median Asking Price

$1.15M

Median $/Sqft

$819

Avg Days on Market

N/A

New This Week

1

Price Reduced

29%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/17/26, 6:55 AM EST

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Location

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1867 Palmetto Street, Ridgewood, Queens County • Near Onderdonk Avenue/Woodward Avenue

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
4
Residential Units
R5B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $296,550
Land Value: $106,200
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,500 SF
Building Area: 3,000 SF
Built FAR: 1.2
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $9,578, or roughly $798 per month. Verify the current assessment with your attorney before closing.

This property has 8 bedrooms and 4 full bathrooms.

The listed interior living area is 3,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,275,000 for 3,000 sq ft, the asking price per square foot is approximately $425. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10968088
First Listed: 5/3/2024
On Market: 5/2/2024
Price Changed: 10/3/2024
Closed: 9/3/2024
Contract Date: 5/2/2024

Listing Courtesy of Keller Williams Realty Empire - Gaetano Cirone

Listing Contact: 13478442561

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 10:55 AM UTC

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