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Financial
Distress signals
Property profile

2027 Palmetto St Flushing, NY 11385

OFF-MARKET
Apartment buildings
Property ID
US63-0767867
5,600 SF 0.06 ac lot Built 1930
Last sale Dec 2025 · $3,420,156
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly renovated six-family building situated on a 0.06-acre lot at 2027 Palmetto Street in the desirable Ridgewood, NY historic district. The property boasts a total of 5,600 square feet and offers a compelling blend of modern amenities and classic charm. The building comprises five spacious three-bedroom, two-bathroom units and one cozy two-bedroom, two-bathroom unit, all designed with modern living in mind. Each unit includes the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$19k
Tax billed · 2024
Assessed value$421k
Assessed land$7k
Assessed improvement$414k
Effective rate4.52%

Value estimate

· Oct 2026
$1.44M
$1.30M – $1.58M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$200/SF
ZIP average, outlier-cleaned · 155 recorded sales of this use type
Observed band · Q1–Q3$157 – $256
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R6B
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm82.1
Realty agency59.9
Parking Facility28.5

Location

2027 Palmetto St Flushing, NY 11385-3295
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1686 Gates, Flushing, NY 11385-2746 $990,000 May 2025 5,610 SF
1679 Woodbine, Flushing, NY 11385-3542 $950,000 Apr 2025 5,600 SF
1717 Putnam, Flushing, NY 11385-4146 $475,000 Mar 2025 5,600 SF
1828 Cornelia, Flushing, NY 11385-4929 $750,000 Jan 2025 5,610 SF
6060 71st, Flushing, NY 11385-5110 $260,000 Jan 2025 5,508 SF
1720 Gates, Flushing, NY 11385-2889 $375,000 Dec 2024 5,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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