Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,490,000

· Closed June 27, 2023

59-42 Palmetto Street
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Closed For Sale Multi Family

$1,490,000

$1,242 per sq ft

59-42 Palmetto Street

Ridgewood, Queens

MLS® #RLS10864332

RLS at REBNY

Listing by Compass

4

Bedrooms

3.5

Baths

1,200

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3 full, 1 half
Living Area 1,200 sq ft
Year Built 1920
Parking Garage
Neighborhood Ridgewood

Property Highlights

  • Style: Prewar architecture
  • Parking: Private garage
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Total Rooms 8
Baths 2 Full, 1 Half
Pets Yes
Cross Street Forest Avenue/60th Place
Year Built 1920
Living Area 1,200 sq ft
Parking Garage Available
Architectural Style Prewar
Block/Lot 3499/36

Description

*$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.

Features & Amenities

Exterior Features

Building Garden

Building Information

Stories 2
Style Prewar

Ridgewood features orderly blocks of brick and limestone rowhouses, prewar tenements with decorative cornices, and multi-family buildings constructed between 1905 and 1925, making it one of Queens' most architecturally consistent neighborhoods. The M train runs through the heart of the area with stops at Seneca Avenue, Forest Avenue, and Fresh Pond Road, while the L train connects at Myrtle-Wyckoff Avenues. Highland Park and Ridgewood Reservoir border the neighborhood to the south, and the Vander Ende-Onderdonk House, an 18th-century landmark, marks the historic Queens-Brooklyn boundary.

Ridgewood Live Market Data

View Neighborhood

Active Listings

12

Median Asking Price

$1.35M

Median $/Sqft

$794

Avg Days on Market

N/A

New This Week

1

Price Reduced

8%

Sold (30 Days)

0

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 3/23/26, 6:38 AM EST

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Location

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59-42 Palmetto Street, Ridgewood, Queens County • Near Forest Avenue/60th Place

Floor Plans

Floor Plan
MLS® ID: RLS10864332
First Listed: 7/19/2022
Price Changed: 6/28/2023
Closed: 6/27/2023
Contract Date: 7/19/2022

Listing Courtesy of Compass - Christian Wittmann

Listing Contact: (917) 859-4309

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 10:38 AM UTC

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