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Six-Family Brick Apartment Building
For Sale
$799,000

2009 Palmetto Street, Ridgewood, NY 11385

Commercial Sale, Ridgewood, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market288

Property Features for 2009 Palmetto Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Elementary school Ps 88 Seneca
Middle school Is 93 Ridgewood
High school Grover Cleveland High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Active
APN 03486-0067
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 19032

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Hot Water(Heating)
Cooling system Separate Meters, Electric
Water source Public

Building Details

Year built 1910
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: EXP Realty
Listed By: Abel Curiel
Added: Nov 13, 2025 Changed: Aug 20 Last Checked: Aug 28 at 7:06PM
MLS# 934132

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-family apartment property is a brick building constructed in 1910, with several capital improvements completed over time. The apartments are rent stabilized, providing an established multifamily configuration within a compact 0.0629-acre parcel.

The property is located at 2009 Palmetto Street in Ridgewood, Queens, with access to public transportation. R6B zoning applies. Building systems include hot-water heating powered by natural gas, electric cooling with separate meters, public water service, and natural gas availability.

Key Highlights

  • Six‑family rent‑stabilized apartment building
  • Brick construction completed in 1910
  • Several capital improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,612
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Rent-stabilized apartments with capital improvements and access to public transportation.
Where is this apartment building located?
The property is located at 2009 Palmetto Street Ridgewood, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Six‑family rent‑stabilized apartment building; Brick construction completed in 1910; Several capital improvements
More about this property
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