NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $965,000

23 Days on Market

Highlights

  • Colonial Architecture
  • 1-minute walk to Seneca Avenue
  • 4-minute walk to Rosemary's Playground
  • Property is near public transit
  • Hot Water Heating System

About This Home

As of December 2021

Welcome to 18-17 Palmetto St property, Great Income Producer located in a very desirable part of Ridgewood! Near 'M' and ''L'' train stations,shopping, schools. This building consists 6 Railroad apartments, each one has 2 bedrooms/4 rooms,full bathroom. Rent stabilized :1L Rent $1,250, 1R Rent $1,230, 2R Rent $1,050. 2L VACANT and 3L & 3R occupied by the seller. Projected gross income $87,360.

Last Agent to Sell the Property

Joana Karanikolas

Winzone Realty Inc License #40KA1068623 Listed on: 10/14/2021

Winzone Realty Inc

Last Buyer's Agent

Joana Karanikolas

Winzone Realty Inc License #40KA1068623 Listed on: 10/14/2021

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,888

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100
  • No Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Schools

  • Is 93 Ridgewood Middle School
  • Queens Metropolitan High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 3-Story Property
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,888

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: Three Or More
  • Building Size: 25 x 65
  • Year Built: 1930
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Unfinished
  • Total Bedrooms: 12
  • Kitchens: 6

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 780.00

Schools

  • Middle School: Is 93 Ridgewood
  • High School: Queens Metropolitan High School
  • Middle School: Is 93 Ridgewood

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-10-14
  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-12-30
  • Tax Annual Amount: 9888.00

Multi Family

  • Fuel Expense: 4500.00
  • Units Total: 6
  • Separate Electric Meters: 7
  • Separate Gas Meters: 6

MLS Schools

  • High School: Queens Metropolitan High School
  • Middle School District: Queens 24

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $965,000 -2.3% --
11/18/2021 11/18/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $988,000 +2.4% --
10/14/2021 10/14/21 Off Market $965,000 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3352798

OneKey® MLS

APN: 03455-0042