Moishe Stern
Call: (646) 481-1671
Text: (646) 481-1671
BEDS0
BATHS
MLS#943394
STATUSPending
PROPERTY TYPECommercial -
Property Description
Income-producing garage asset located in Ridgewood, Queens. The property features 14 garage units on a 5,200 SF lot with consistent and high vehicle storage demand. Zoned R5B with unused residential FAR, the property offers a clear value-add angle with up to approximately 4,220 buildable residential square feet. Built in 1930, the asset benefits from low operating complexity, stable cash flow potential, and a strong land component. Situated within a well-established Ridgewood corridor near major transit access, this location supports steady and passive income plus future upside for investors in Queens.
Property Features
Property Type: Commercial -
Cooling: None
Heating: See Remarks
Lot Size: 0.31 Acres
Taxes: $12,268
Year Built: 1930
Feature Descriptions
Building Area Total: 2800
Business Type: Other, Parking
Days on Site: 175
Exterior: Brick
On Market Date: 2025-12-15
Parcel Number: 03617-0028
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other
Units: 14
Utilities: See Remarks
Water: Other
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Listed By / Shown By
Listing By
Agency Name: EXP Realty
Agency Contact: 888-276-0630
Shown By
Agent Name: Moishe Stern
Agent Phone: (646) 481-1671
Agency Title: Laffey Real Estate
6444 Palmetto Street | MLS# 943394
This commercial property located at 6444 Palmetto Street, Ridgewood, NY 11385 is currently listed for sale with an asking price of $755,000. Search Ridgewood real estate on moishestern.laffey.com today.