Free-Market Multifamily
5939 Palmetto St Ridgewood, NY 11385
5939 Palmetto St, Ridgewood, NY, 11385
$1,700,000
For Sale
$1,700,000
MULTI_FAMILY - Ridgewood, NY
Lot Size0.06 Acres
Days on Market169
Property Features for 5939 Palmetto St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 2
- Standard status
- Active
- APN
- 000000-000.000-3498-066.000
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11212
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1930
- Floors in Building
- 2
Listing agency
RIPCO REAL ESTATE LLC
Listed by
Stephen Preuss
Added: Feb 3 Updated: Jul 16 at 10:27PM Checked: Jul 22 at 5:06AM
MLS# 11852414
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This offering is part of the Ridgewood Multifamily Portfolio and includes three free-market multifamily buildings. The portfolio has no rent-stabilization component, with fully free-market tenancies, and includes two vacant units alongside month-to-month tenancy.
The properties are located in the heart of Ridgewood, within walking distance of a mix of local and national retailers, and conveniently served by public transportation. The portfolio is within walking distance to the M Train and L Train, with nearby bus services including the Q58, Q54, B13, QM24, QM25, and QM34 lines.
Across the buildings, all residential units are separately metered for gas and electricity, which can streamline property management and expense recoverability. Units 1L and 1R at 60-15 share gas with the common-area meter.
The properties are located in the heart of Ridgewood, within walking distance of a mix of local and national retailers, and conveniently served by public transportation. The portfolio is within walking distance to the M Train and L Train, with nearby bus services including the Q58, Q54, B13, QM24, QM25, and QM34 lines.
Across the buildings, all residential units are separately metered for gas and electricity, which can streamline property management and expense recoverability. Units 1L and 1R at 60-15 share gas with the common-area meter.
Key Highlights
- Multifamily portfolio with 3 buildings located in Ridgewood, Queens
- All three buildings are free‑market multifamily assets with no rent‑stabilization component
- Two vacant units plus month‑to‑month tenancies
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Three free-market multifamily buildings in Ridgewood offer separately metered gas and electricity for most units.
Where is this multifamily property located?
The property is located at 5939 Palmetto St Ridgewood, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Multifamily portfolio with 3 buildings located in Ridgewood, Queens; All three buildings are free‑market multifamily assets with no rent‑stabilization component; Two vacant units plus month‑to‑month tenancies
