61-27 Palmetto St
Ridgewood, NY 11385
6 bd 3 ba 2,328 sqft Built 1920 Lot 2,000 sqft multi_family
Most recent sale
$1,252,500
Aug 9, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2023 | Listing removed | $1,188,000 | OneKeyMLS |
| Aug 9, 2023 | Sold | $1,252,500 | Public Record |
| Jul 26, 2023 | Sold | $1,252,500 | OneKeyMLS |
| Jun 14, 2023 | Listing removed | — | OneKeyMLS |
| May 18, 2023 | Listed | $1,250,000 | OneKeyMLS |
| Nov 16, 2022 | Listing removed | $1,188,000 | MyStateMLS |
| Oct 18, 2022 | Listed | $1,188,000 | MyStateMLS |
| Jan 8, 2014 | Sold | $625,000 | Public Record |
| Sep 11, 2013 | Sold | $625,000 | OneKeyMLS |
| Apr 23, 2013 | Listed | $609,000 | OneKeyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $67,260 | $9,720 | $76,980 | $8,362 |
| 2024 | $61,200 | $9,720 | $70,920 | $8,084 |
| 2023 | $57,000 | $9,720 | $66,720 | $7,598 |
| 2022 | $54,240 | $9,720 | $63,960 | $7,461 |
| 2021 | $58,680 | $9,720 | $68,400 | $7,634 |
| 2020 | $56,820 | $9,720 | $66,540 | $7,229 |
| 2019 | $48,480 | $9,720 | $58,200 | $6,723 |
| 2018 | $26,778 | $5,569 | $32,347 | $6,461 |
| 2017 | $25,139 | $7,208 | $32,347 | $6,294 |
| 2016 | $24,287 | $7,115 | $31,402 | $5,968 |
| 2015 | $22,617 | $7,011 | $29,628 | $5,485 |
| 2014 | $20,016 | $7,935 | $27,951 | $5,050 |
| 2013 | $19,190 | $7,766 | $26,956 | $4,874 |
| 2011 | $12,076 | $14,880 | $26,956 | $4,241 |
| 2010 | $10,515 | $15,654 | $26,169 | $3,942 |
| 2009 | $9,450 | $15,240 | $24,690 | $3,744 |
| 2007 | $18,449 | $4,015 | $22,464 | $3,268 |
Property facts
Year built
1920
Property type
multi_family
Stories
—
Beds
6
Baths
3
Living area
2,328 sqft
Lot size
2,000 sqft
ZIP code
11385
City
Ridgewood
Street
Palmetto St
Coordinates
40.70888, -73.89705
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,915
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value
—
Frequently asked questions
When did 61-27 Palmetto St last sell?
61-27 Palmetto St most recently sold on Aug 9, 2023 for $1,252,500.
What is the current tax assessment for 61-27 Palmetto St?
The most recent total assessment for 61-27 Palmetto St (year 2025) is $76,980 with $8,362 in property tax.
How does 61-27 Palmetto St's assessment compare to its last sale price?
The current assessment is 93.9% below the last sale price of $1,252,500.
When was 61-27 Palmetto St built?
61-27 Palmetto St was built in 1920.
How does 61-27 Palmetto St compare to others on Palmetto St?
We track 8 other properties on Palmetto St. Browse the list under "Other properties on Palmetto St" to compare beds, baths, and sale history.
What are the property facts for 61-27 Palmetto St?
61-27 Palmetto St is a 6 bed, 3 bath, 2,328 sqft, 2,000 sqft lot multi_family.
Is 61-27 Palmetto St a flip candidate?
No — 61-27 Palmetto St does not appear in our flips dataset.
Is 61-27 Palmetto St a tax-appeal candidate?
No — 61-27 Palmetto St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.4%
2026 Q3
$1.24M
2026 Q4
$1.27M
ZIP 11385 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palmetto St