1875 Palmetto Street

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