Real estate listing preview #1
listing
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CommercialFor Sale
$2,350,000
1702 Palmetto Street
Ridgewood, NY 11385
Listed by: Exit All Seasons Realty, 718-345-4545
MLS: OneKey MLS
Est. Mortgage
$12,230/mo

STRONG CASH FLOW & DIVERSE INCOME STREAM- This Brick Building Offers ONE COMMERCIAL Store Front & FIVE FREE MARKET RESIDENTIAL APARTMENTS. Ridgewood Is Recognized For It's RAPID GROWTH And Various New Construction And Condo Conversions So Don't Miss This Armchair Investment Opportunity In A Market Where MIXED- USE PROPERTIES Rarely Become Available. With All Rents Currently Below Market Value There Is Substantial Value-Add Opportunity & Significant Upside Potential For Future Appreciation. By Improving Leasing And Raising The Rents To Current Market Rate There Is A Chance For A Cap Rate Over 10%.

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Information courtesy of Exit All Seasons Realty is subject to verification and is not guaranteed.
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