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Corner Restaurant and Bar
For Sale
$120,000

1701 Palmetto St, Ridgewood, NY 11385

Open-concept restaurant and bar with a professional kitchen, dedicated bar with multiple TVs, and approved basement storage.

Property SizeContact for details
Days on Market129

Property Features for 1701 Palmetto St

General Information

Standard status Active
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $23,255
Listing Agency: Concrete Jungle NYC Realty
Listed By: Massimo Accardo
Source: Exprealty
Added: Apr 30 Changed: Aug 20 Last Checked: Sep 4 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Concrete Jungle NYC Realty

Investment Insights

Based on property information with market context.

Located at 1701 Palmetto St in Ridgewood, this corner restaurant and bar operates as an open-concept space. The interior includes a professional kitchen with a high-capacity Vulcan stove, along with a dedicated bar designed for guest viewing with multiple TVs. Approved basement storage is also included.

The property sits on a high-visibility corner, supporting walk-in traffic. The Seneca Ave M-Train is on the same block, adding convenient transit access for customers.

Key Highlights

  • Restaurant and bar at 1701 Palmetto St on a high‑visibility corner
  • Open‑concept layout with a professional kitchen
  • Professional kitchen includes a high‑capacity Vulcan stove

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

5,387
Businesses Nearby
297k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 48% Dining 24% Shops & Services 22% Electronics 3%
Food Bazaar Supermarket Groceries
76,560 visits/mo 0.3 miles
Food Bazaar Supermarket Groceries
51,452 visits/mo 0.2 miles
White Castle Dining
24,528 visits/mo 0.3 miles
Dunkin' Donuts Dining
23,384 visits/mo 0.3 miles
BP Shops & Services
22,327 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Open-concept restaurant and bar with a professional kitchen, dedicated bar with multiple TVs, and approved basement storage.
Where is this conventional restaurant located?
The property is located at 1701 Palmetto St Ridgewood, NY.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Restaurant and bar at 1701 Palmetto St on a high‑visibility corner; Open‑concept layout with a professional kitchen; Professional kitchen includes a high‑capacity Vulcan stove
More about this property
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