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Property 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.

Features
Heating System:
See Remarks
Cooling System:
No
Sewer:
Other
Utilities:
See Remarks
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Brick
Agent MlsId:
189674
Office MlsId:
EXP02
Number Of Units:
14
Special Listing Conditions:
No
Tax Annual Amount:
$12,269
Water Source:
Other
Zoning:
R5B
PhotosCount:
5

Commercial Sale For Sale

6444 Palmetto Street, New York, NY

13,533 Acre
$755,000
Listing ID #943394
Basic Details
Property Type :
Commercial Sale
Property SubType :
Other
Listing ID :
943394
Price :
$755,000
Bathrooms Total :
0
Building Area :
2,800 Sqft
Lot Area :
13,533 Acre
Year Built :
1930
Status :
Active
Status :
Active
Listing Office :
EXP Realty
Listing Agent :
Abel Curiel
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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