Jason Morano, Branch Manager, United Mortgage Corp.

1665 Palmetto Street, Ridgewood, NY 11385

$1,000,000
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  • 1665 Palmetto Street, Ridgewood, NY 11385 Main Photo

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Jason Morano, Branch Manager, United Mortgage Corp.
Text: (631) 816-0203

BEDS0 BATHS MLS#1062579
STATUSActive PROPERTY TYPECommercial - SCHOOLContact Agent
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Property Description

6 Family Rent Stabilized 9.3% CAP RateActual Rent Roll, Legal Rents allow for $1k+ more monthly rent1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.773L $1,257.61 3R $2,096.27 Monthly Total $11,818.97Annual $141,828ANNUAL EXPENSESReal Estate Taxes $17,510Electricity $973Insurance $8,390Water / Sewer $7,995Heating $7,413Repairs & Maintenance $5,000Vacancy $4,255Total Annual $51,536Buyers must show proof of funds to tour.

1665 Palmetto Street | MLS# 1062579

This commercial property located at 1665 Palmetto Street, Ridgewood, NY 11385 is currently listed for sale with an asking price of $1,000,000. Palmetto Street is located within the Contact Agent school district. Search Ridgewood real estate on jasonmorano.laffey.com today.

Property Features

Property Type: Commercial -
Basement: Yes
Basement: Full
Cooling: Wall/Window Unit(s)
Heating: Hot Water
Lot Size: 0.06 Acres
Taxes: $13,132
Year Built: 1930

Feature Descriptions

Building Area Total: 5610
Days on Site: 7
Exterior: Brick
On Market Date: 2026-10-14
Parcel Number: 03448-0058
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Water Connected
Water: Public

Local Schools

School District: Contact Agent

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Amorelli Realty LLC
Agency Contact: 516-404-7056

Shown By

Agent Name: Jason Morano, Branch Manager, United Mortgage Corp.
Agent Phone:
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/22/2026. The listing information on this page last changed on 10/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/22/2026 4:03:32 AM EST) or OneKey MLS (last updated Thu 10/22/2026 1:45:18 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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