Ridgewood Apartment Building for Sale
EPIC Commercial Realty has been retained on an exclusive basis to broker the sale of 1663 Palmetto Street in Ridgewood, Queens. This is a three-story, walk-up, apartment building consisting of ten residential units.
The property includes three studios, three one-bedroom, one two-bedroom, and three three-bedroom apartments. All of the tenants pay for their electricity charges. The owner recently installed new windows and renovated the second floor, third floor and the stairwell.
“The property is in a phenomenal location, one block from the Myrtle-Wyckoff Avenues L and M train station,” said Baruch Edelkopf, “due to easy access from transportation and the convenience and safety in Ridgewood, there has been a desire to live in the neighborhood. Many of Brooklyn’s prominent developers have been transitioning into development in the area to meet the demand. These new projects have the potential of raising the value of all the property surrounding them.”
1663 Palmetto Street is listed for $1,950,000 by EPIC Sales Associates, Baruch Edelkopf and Mike Rybinskov, and CEO Yona Edelkopf.