SOLD FOR $829,000
Listed at $1,345,000 · Sold 38.4% below asking · Closed February 26, 2016
1875 Palmetto Street
MLS® #RLS10785876
Listing by Compass
8
Bedrooms
4
Baths
2,614
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1910)
Property Details
Description
AMAZING INVESTMENT OPPORTUNITY. ~5.5% CAP RATE Lower Level Duplex Rent: $4,000/month Upper Level Unit Rent: $2,800/month This Queens two-family impresses with updated interiors, expansive living space and a fantastic location where Ridgewood meets Bushwick. Featuring a five-bedroom, two-bathroom duplex with private outdoor space and a top-floor three-bedroom, two-bathroom apartment, this building is an ideal opportunity for investors or end-users. A covered porch invites you inside the duplex's main level, where you'll find an open-plan living/dining area and an updated kitchen featuring stainless steel appliances, including a gas range, dishwasher, and built-in microwave. French doors open to an extra-large bedroom that could easily serve as a living space or spacious home office. At the rear of the level, two bedrooms share an updated full bathroom. A deck leads to the extra-large 780-square-foot garden the perfect destination for summer entertaining under mature trees. On the duplex's lower level, a large rec room is flanked by two bedrooms and another full bathroom. Excellent closet space throughout both floors adds wonderful convenience. The sun-splashed top-floor apartment welcomes you with hardwood floors, tall ceilings and a bright skylight. The large living/dining room leads to a fantastic windowed kitchen with sleek cabinetry, a pantry and all-new Frigidaire appliances. Three well-proportioned bedrooms and two renovated bathrooms complete the well-planned layout. Located on a quaint tree-lined residential Ridgewood street, just four blocks from the border of Bushwick, this exceptional property is surrounded by fantastic restaurants, nightlife venues and art galleries. Enjoy Rosemary on the next block, while tech startups and studio spaces fill the surrounding area, including the new 170,000-square-foot Netflix production facility. Transportation is effortless with M and L trains and excellent bus service within easy reach. *Please note that the photos shown here have been virtually staged to show potential layouts
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
11
Median Asking Price
$1.40M
Median $/Sqft
$794
Avg Days on Market
N/A
New This Week
0
Price Reduced
9%
Sold (30 Days)
0
Median Sale Price
$1.15M
Live data from RLS at REBNY • Updated 3/23/26, 4:40 PM EST
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Location
1875 Palmetto Street, Ridgewood, Queens County • Near Onderdonk Avenue/Woodward Avenue
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
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.
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Listing Courtesy of Compass - Adam Sadel
Listing Contact: (201) 370-8465
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 8:40 PM UTC