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Off market
  • $1,478,800

    5942 Palmetto St, Ridgewood, NY 11385

    4beds
    1,200sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $1,478,800 Zestimate®
    $1,232/sqft
    $4,002 Estimated rent

    Home value

    $1,478,800

    $1.38M - $1.58M

    $4,002/mo

    Zestimate® history
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    $4,002/mo

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    Rent Zestimate®

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    $8,987/mo

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    $8,987/mo

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    What's special

    Finished basementModern kitchensPrivate deckPrivate gardenHardwood floorsMature treesRare garden retreat

    *$200K PRICE IMPROVEMENT* Rare to Market! 5,000SF lot with 2 Family Home. 5,550SF of unused FAR. Prime Ridgewood location. Incredible opportunity to build, or use the space and garages as a workshop, rare garden retreat, or park a number of vehicles. Lot is (50x100, R5B zoning) Home was renovated 12 years ago with new mechanicals. Both units feature four exposures with two bedrooms, open living / dining, modern kitchens with full stainless steel appliances, oversized baths and hardwood floors. First floor unit includes a private deck. In addition, there is a finished basement and crawl space attic. The lot has a two car garage (currently used as storage), a private garden with mature trees and parking available for five or more vehicles. Conveniently located just three blocks from the M subway Forest Ave - it's a quick 30 minutes from Manhattan. Nearby favorites to eat and dine include recent additions to the Michelin Guide Porcelain and Rolo's, Sundown Bar, the Acre, Norma's Corner Shoppe and new arrival Ester wine bar just to name a few. Do not miss this limited opportunity to buy a two family home with an exceptional lot size in prime Ridgewood. 360 Matterport tour available upon request. All showings including open house are by private appointment.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 5,000 Square Feet
    Details
    • Parcel number: 034990036

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Ridgewood

    Financial & listing details

    • Price per square foot: $1,232/sqft
    • Tax assessed value: $878,000

    Price history

    DateEventPrice
    6/27/2023Sold$1,490,000-3.9%$1,242/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L3417224 Report a problem
    3/10/2023Pending sale$1,550,000$1,292/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3417224 Report a problem
    10/31/2022Price change$1,550,000-11.4%$1,292/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3417224 Report a problem
    7/19/2022Listed for sale$1,750,000+159.3%$1,458/sqft
    Source: StreetEasy Report a problem
    4/7/2008Sold$675,000$563/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $52,680 -6.1%
    2024-- $56,100 +11.2%
    2023-- $50,460 +13.2%
    2022-- $44,580 -2.5%
    2021-- $45,720
    Find assessor info on the county website

    Neighborhood: Ridgewood

    Nearby schools

    GreatSchools rating