Tyler Prokosch - John J Lease Realtors Logo
$1,000,000
( $178.25Per Sq Foot )
 $5,368 est/mo Sourced by Back At You

1665 Palmetto Street,Ridgewood, NY 11385

Ridgewood, NY 11385

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Description

6 Family Rent Stabilized 9.3% CAP Rate Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.773L $1,257.61 3R $2,096.27 Monthly Total $11,818.97Annual $141,828 ANNUAL EXPENSESReal Estate Taxes $17,510Electricity $973Insurance $8,390Water / Sewer $7,995Heating $7,413Repairs & Maintenance $5,000Vacancy $4,255Total Annual $51,536 Buyers must show proof of funds to tour.

Details

MLS #1062579
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1930
Days On Site20
Listing Provided ByAmorelli Realty LLC | John P. Bachas

Features

SQ Feet5,610
BasementY
Units6
ZoningR6B
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingHot Water

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesOn Street

Utilities

UtilitiesWater Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Assessed Value374850
Tax Annual Amount13132.23

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,000,000
low | high
Med:
$1,149,888
35.0112% of Average
sqft:
5,610
low | high
Med:
2,400
100% of Average
$ / sqft:
$178
low | high
Med:
$479
100% of Average
On site:
20
low | high
Med:
966.5
2.069322296948% of Average
Sourced by Back At You

Market Activity 11385

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Tyler Prokosch

Tyler Prokosch

John J Lease REALTORS

 (845) 542-6966tylerprokosch@johnjleaserealtors.com
StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$1,000,000
low | high
Med:
$1,149,888
35.0112% of Average
sqft:
5,610
low | high
Med:
2,400
100% of Average
$ / sqft:
$178
low | high
Med:
$479
100% of Average
On site:
20
low | high
Med:
966.5
2.069322296948% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $750K - $1.25M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
1678 Gates Avenue Property Photo 1
$999,000
1678 Gates Avenue
Ridgewood, NY 11385
Listing Updated: October 15, 2026 at 3:20:12 AM PDT

Tyler Prokosch - John J Lease Realtors