Patrick Casilli - John J Lease Realtors Logo
$755,000
( $269.64Per Sq Foot )
 $4,053 est/mo Sourced by Back At You

6444 Palmetto Street,Ridgewood, NY 11385

Ridgewood, NY 11385

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Description

Income-producing garage asset located in Ridgewood, Queens. The property features 14 garage units on a 5,200 SF lot with consistent and high vehicle storage demand. Zoned R5B with unused residential FAR, the property offers a clear value-add angle with up to approximately 4,220 buildable residential square feet. Built in 1930, the asset benefits from low operating complexity, stable cash flow potential, and a strong land component. Situated within a well-established Ridgewood corridor near major transit access, this location supports steady and passive income plus future upside for investors in Queens.

Details

MLS #943394
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusPending
Year1930
Days On Site252
Listing Provided ByEXP Realty | Abel Curiel

Features

SQ Feet2,800
Units14
Building(s)2
ZoningR5B
Acreage0.31

Interior

CoolingNone
HeatingSee Remarks

Exterior

Construction MaterialsBrick

Utilities

UtilitiesSee Remarks
SewerOther

Taxes

Tax Year2024
Tax Assessed Value150300
Tax Annual Amount12268.72

Area Information

StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$755,000
low | high
Med:
$1,100,000
4.304635761589% of Average
sqft:
2,800
low | high
Med:
6,462
80.785714285714% of Average
$ / sqft:
$270
low | high
Med:
$170
86.86985145968% of Average
On site:
252
low | high
Med:
126
100% of Average
Sourced by Back At You

Market Activity 11385

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Learn More About This Property

Patrick Casilli

Patrick Casilli

John J Lease REALTORS

 (845) 542-2286patcasilli@johnjleaserealtors.com
StateNY
CountyQueens
CityRidgewood
Zip Code11385
Listing VS Median (in 11385)
Price:
$755,000
low | high
Med:
$1,100,000
4.304635761589% of Average
sqft:
2,800
low | high
Med:
6,462
80.785714285714% of Average
$ / sqft:
$270
low | high
Med:
$170
86.86985145968% of Average
On site:
252
low | high
Med:
126
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $566K - $943K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
64-07 68th Avenue Property Photo 1
$1,765,000
64-07 68th Avenue
Ridgewood, NY 11385
Listing Updated: May 26, 2026 at 1:26:50 PM PDT

Patrick Casilli - John J Lease Realtors