$1,550,000
Updated 3 years ago
Sold

59-42 Palmetto Street

Ridgewood, Queens | Forest Ave & 60th Place

8 Rooms4 Beds2.5 Baths1,200 Square FeetMulti-Family

$1,550,000
floors / apts2 / 2
Lot Size50'x100'
Built Size20'x50'
ZoneR5B
Building TypeHouse
RE Taxes$6,912
Price Per SF
$1,292

This property was sold for $1,490,000 on 06/27/23.

Outdoor space and views

  • Deck

Building Amenities

  • Garage

Property Description for 59-42 Palmetto Street

Fully detached 2 Family on 5,000sf lot (50x100, R5B zoning) has unused FAR of 5,550sf presents an incredible opportunity to build, or use the space and garages as a workshop, rare garden retreat, or park a number of vehicles. 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.

Listing History for 59-42 Palmetto Street

Now
06/27/2023
$1,490,000
Sold and Closed by Christian Holt
Compass
03/10/2023
Contract Signed by Christian Holt
Compass

Building Details for 59-42 Palmetto Street

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Forest Av
0.21 miles
Fresh Pond Rd
0.31 miles
Seneca Av
0.44 miles

Citi Bike

60 Pl & Linden St
0.11 miles
Madison St & Forest Ave
0.12 miles

Contact Agent

Contact Agent

Ridgewood | Queens

Quick Profile

Unique for being a symbolic and literal bridge between Brooklyn and Queens, Ridgewood incorporates both distinct elements of these boroughs into its persona. Originally considered part of Brooklyn, the neighborhood broke off with Bushwick in the 1700s at a point called, appropriately, Arbitration Rock. When the blackout of 1977 occurred, the residents of Ridgewood only further wanted to dissociate themselves from their Bushwick neighbors as the bedlam that ensued in between the looting and the riots made them feel just a tad superior. 

And yet, just because its zip code changed didn’t mean Ridgewood could ever fully break free from its proximity and entwined identity with Bushwick. Pegged as the next “it” destination and hipster haven to move to circa 2016, Ridgewood has surprised many with its steady pace of growth, therefore well-maintained “neighborhood” feel. 

Rife with quiet blocks filled with quaint, colorful buildings, Ridgewood offers the bodegas and local businesses one also expects of “old world” Brooklyn. An increase in the number of coffee shops, bars and DIY venues have continued its natural association with Bushwick, however, the deeper into the neighborhood you go, the more apparent it becomes that Ridgewood is very much its own very Queensian thing. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 87087TH