SOLD FOR $1,490,000
· Closed June 27, 2023
59-42 Palmetto Street
MLS® #RLS10864332
Listing by Compass
4
Bedrooms
2.5
Baths
1,200
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Parking: Private garage
- Character: Pre-war building (1920)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 19, 2022 | $1,490,000 | - |
| Price Reduced | Jun 28, 2023 | $1,550,000 | +4.0% |
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 Information
About Ridgewood
View All Ridgewood ListingsRidgewood 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 NeighborhoodActive Listings
14
Median Asking Price
$1.15M
Median $/Sqft
$819
Avg Days on Market
N/A
New This Week
1
Price Reduced
29%
Sold (30 Days)
0
Median Sale Price
N/A
Live data from RLS at REBNY • Updated 5/17/26, 11:17 AM EST
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Location
59-42 Palmetto Street, Ridgewood, Queens County • Near Forest Avenue/60th Place
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
This property has 4 bedrooms and 2 full bathrooms and 1 half bathroom.
The listed interior living area is 1,200 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1920, making it approximately 106 years old.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,490,000 for 1,200 sq ft, the asking price per square foot is approximately $1,242. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 5/17/2026 at 3:17 PM UTC