Cap Rate
6.11%
$ per SF
$169
20-43 Palmetto Street, Ridgewood, NY, 11385
• Owner-User Potential — Unit 1R will be delivered vacant at closing, allowing a new owner to occupy the unit themself, or lease the unit and collect legal rent.
• Location — Korean Square, Ridgewood. Anchored on the landmark triangular island where Grandview Avenue, Forest Avenue, and Palmetto Street converge.
• Tax Class — Protected (2A), increases capped at 8% per year or 30% over five years.
• Unit Layouts — 2-bedroom railroad apartments.
• Transit — Located 2 blocks away from the Forest Avenue M-Train station allowing direct access to Midtown Manhattan.


