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    1920 Palmetto St, Unit New York Flushing, NY 11385

    For Sale
    $1,999,000

    Multi-Unit (2-4) - New York, NY, NY

    Days on Market:
    30
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1920 Palmetto St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    6
    Bathrooms
    1
    Parking features
    Garage
    Basement Y/N
    1

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1930
    Year renovated
    1930
    Floors in Building
    2
    Architectural style
    Other

    CRIFASI REAL ESTATE INC (718) 821-5999

    Listing agent Joseph V. Crifasi (718) 821-5999

    Listing date Nov 7, 2025

    MLS# 11603258 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Multi-Family Home Near Subway

    This four-family home is located three blocks from the subway. The property includes three railroad-style apartments, each featuring 5 rooms, 2 bedrooms, and 1 full bath, along with a separate studio apartment. Each unit, except for the studio, has an eat-in kitchen and a combined living/dining area. The home also features a finished basement and a backyard. One of the apartments will be vacant at closing. The location provides convenient access to shopping, transportation, restaurants, and cafes. All tenants are month to month with no leases. The rents are as follows: one 2-bedroom apartment rents for $2,350, the studio apartment rents for $1,900, and another 2-bedroom apartment rents for $2,000. One 2-bedroom apartment will be vacant on title.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.904905
    Latitude
    40.705273

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with finished basement and backyard, near transportation.
    Where is this quadplex located?
    The property is located at 1920 Palmetto St, Unit New York Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Great investment opportunity with strong rental income potential (currently generating $6,250/month).; - Delivered vacant 2-bedroom apartment at closing, allowing for immediate occupancy or higher market-rate rental.; - Prime location: Just 3 blocks from the subway and close to shopping, transportation, restaurants, and cafes.
    (718) 821-5999
    Request Owner's contact information
    1920 Palmetto St, Unit New York Flushing, NY 11385
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1920 Palmetto St, Unit New York Flushing, NY 11385
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