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Six-Unit Rent-Stabilized Apartment Building
For Sale
$799,000

2009 Palmetto Street, Ridgewood, NY 11385

Maintained multifamily property with completed capital improvements and access to public transportation.

Property Size5,600 SF
Days on Market290

Property Features for 2009 Palmetto Street

General Information

Standard status Active
Size 5,600 SF
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $19,032

Building Details

Building Size 5,600 SF
Year Built 1910
Listing Agency: EXP Realty
Listed By: Abel Curiel
Source: Serhant
Added: Nov 14, 2025 Changed: Aug 29 Last Checked: Aug 30 at 11:22PM

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 EXP Realty

Investment Insights

Based on property information with market context.

This six-family apartment building at 2009 Palmetto Street was constructed in 1910 and has undergone several capital improvements. The property is rent stabilized and maintained for multifamily residential use.

Located in Ridgewood, NY, the building offers access to public transportation and is identified by the address 2009 Palmetto Street, Ridgewood, NY 11385.

Key Highlights

  • Six‑family apartment building
  • Rent‑stabilized residential property
  • Several capital improvements completed

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Maintained multifamily property with completed 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 apartment building; Rent‑stabilized residential property; Several capital improvements completed
More about this property
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