Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed July 23, 2025

59-45 Palmetto Street
Looking for something similar?
Closed For Sale Multi Family

$1,600,000

$673 per sq ft

59-45 Palmetto Street

Ridgewood, Queens

MLS® #RLS20022799

RLS at REBNY

Listing by Compass

5

Bedrooms

2

Baths

2,376

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 5
Bathrooms 2
Living Area 2,376 sq ft
Year Built 1930
Ownership None
Property Taxes $6,648/yr
Parking Garage
Neighborhood Ridgewood
Floor 1 of 2

Property Highlights

  • Exposure: East,North,South facing
  • Parking: Private garage
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 2 Full
Floor 1 of 2
Exposure East,North,South
Heating Natural Gas
Pets Yes
Year Built 1930
Living Area 2,376 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Block/Lot 03498/61

Description

Welcome to 59-45 Palmetto St, a semi-detached 2 Family row house with private extra wide driveway and rare two story garage. 2 Family House: Built in 1930, measuring 18 ft x 50 ft on a 27 ft x 100 lot with unused FAR of 1,269 ft presents the potential for development (please consult your architect). This semi-detached house is in excellent condition with original details and numerous updates that allow the next buyer to move in and use “as is” or make easy upgrades to their liking. This is not your typical railroad row house. You’ll love the natural light and flow of this home with windows in every room, a separate eat-in kitchen, formal living area, two king-size bedrooms, plus a windowed dressing room that can also serve as a private home office. The second floor enjoys the addition of a third bedroom which can be accessed from both the primary bedroom or hallway. The unfinished basement is wide open and immaculately clean. Accessible from the first floor and both the front of the home and garden, it has 7’5” ceilings, and multiple windows that provide natural light. Use it as is for storage, finish for additional recreational space or duplex with the floor above - the choice is yours! The Garage: An extra wide 8'5" driveway brings you to the garden with a rare two story garage measuring 24 ft x 24 ft. The garage offers 1,326 ft of storage and can easily accommodate multiple vehicles. The second floor Loft is an ideal space for creative use or storage. Accessible by stairs, it has ceiling height 8’4” - 9’6”, multiple windows, exposed beams and brick work. Plus, with the “City of Yes” initiatives this space could have the potential for additional use in the future. Original details include entry foyer door, newel post, handrails and balusters, moldings, interior doors and gleaming hardwood plank flooring throughout. Recent Updates: Bathrooms and plumbing +/- 7 years ago New windows +/- 7 years ago New water heater +/- 2 years ago New chimney liner +/- 2 years ago Nearby Amenities: Located a few short blocks from the M subway (Forest Ave), Rosemary’s playground, the Queens Library and CitiBike stations. It’s less than a 30 minute commute to Manhattan. Numerous shopping and dining options can be found on Fresh Pond Rd. Nearby favorites include Joe’s Restaurant, Variety Coffee, Rolo’s, and Decades Pizza. Come discover the beauty, value and convenience of Ridgewood today! Delivered Vacant. Co-brokers welcome!

Features & Amenities

Interior Features

Eat In Kitchen Walk In Closets See Remarks Flooring: Hardwood Double Pane Windows

Building Information

Total Units 2
Stories 2
Structure MultiFamily,Townhouse

Financial Details

RE Taxes $6,648/yr ($554/mo)
Original Price $1,550,000
Sale Price $1,600,000
Previous Price $1,550,000

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, 4:55 AM EST

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Location

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59-45 Palmetto Street, Ridgewood, Queens County

Floor Plans

Floor Plan
MLS® ID: RLS20022799
First Listed: 5/9/2025
On Market: 5/9/2025
Price Changed: 8/5/2025
Closed: 7/23/2025
Contract Date: 5/8/2025

Listing Courtesy of Compass - Christian H 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 8:55 AM UTC

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