New York City  »  11385  »  Palmetto St  »  5942 Palmetto St

59-42 Palmetto Street, Ridgewood, NY 11385 - Property report

Also known as: 59-42 Garage Palmetto St

Property image for 59-42 Palmetto Street, Ridgewood, NY 11385
static Mapbox map

Property type

Two Family Converted from One Family (B3)

Year built

1920

Lot sq. ft.

5,000

Sale price

$1,490,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
59-42 Palmetto Street
Alternate address(es)
59-42 Garage Palmetto St
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03499-0036

Owner

Find out who owns 59-42 Palmetto Street, Ridgewood, NY 11385. Uncover corporate and individual owners with a free account.

Building
Property type
Two Family Converted from One Family (B3)
Building sq. ft.
1,200
Building dimensions
20 ft x 50 ft
Buildings on lot
2
Stories
2
Year built
1920
Last altered
2009
Building material
Frame
Exterior wall
Composition
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
06/27/2023
Sale price
$1,490,000
Tax
Tax year
2026-2027
Property tax
$8,170
Tax class
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Lot
Frontage(s)
Palmetto Street (narrow)
Nearest wide street
Fresh Pond Road
Distance to wide street
Lot dimensions
50 ft x 100 ft
Lot sq. ft.
5,000
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
1,200 sq. ft.
Buildable area

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
24
Community district
5
Closest police station
0.45 Miles
Closest fire station
0.46 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 59-42 Palmetto Street, Ridgewood, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 59-42 Palmetto Street, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
06/27/2023 $1,490,000 XXX XXXXXXXX, XXX XXXXX, XXXX XXX XXXXX, XXXXXX X
03/20/2008 $675,000 XXXXXXXXXX-XXXXX, XXXXXX XXX XXXXXXXXXX-XXXXX, XXXX XXXXX, XXXXX XXX XXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/06/2023 - R Initial UCC1
(2023062901116006)
XXX XXXXXXXX XXX XXXX XXXX
07/06/2023 - R
06/27/2023 - D
Assignment of Leases and Rents
(2023062901116005)
XXX XXXXXXXX XXX XXXX XXXX
07/06/2023 - R
06/27/2023 - D
Mortgage
(2023062901116004)
XXX XXXXXXXX XXX XXXX XXXX
07/06/2023 - R
06/27/2023 - D
Deed
(2023062901116003)
XXXXX XXXX XXX XXXXXXXX XXX
07/06/2023 - R
06/21/2023 - D
Power of Attorney
(2023062901116002)
XXXXX XXXX XXXXX XXXXXXXX
07/06/2023 - R
06/21/2023 - D
Power of Attorney
(2023062901116001)
XXXXX XXXXXX X XXXXX XXXXXXXX
06/29/2023 - R
06/21/2023 - D
Satisfaction of Mortgage
(2023062300348001)
XXXXX XXXX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX
02/13/2018 - R
01/24/2018 - D
Satisfaction of Mortgage
(2018012501294001)
XXXXXXXXXXXXXXX XXXX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX
03/29/2016 - R
02/12/2016 - D
Mortgage
(2016030100067001)
XXXXX XXXX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX
03/01/2012 - R
01/05/2012 - D
Agreement
(2012021301045001)
XXXXX XXXX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 59-42 Palmetto Street, Ridgewood, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$8,170
Municipal exemptions
Recent tax assessments
Market value
$896,000
Assessed value
$53,760

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $878,000 $52,680 $38,844 19.843% $7,708 $7,708 +4.72%
2024/25 $935,000 $56,100 $36,646 20.085% $7,360 $7,360 +5.85%
2023/24 $841,000 $50,460 $34,622 20.085% $6,954 $6,954 -1.10%
2022/23 $743,000 $44,580 $34,622 20.309% $7,031 $7,031 +2.65%
2021/22 $762,000 $45,720 $34,312 19.963% $6,850 $6,850 +5.13%
2020/21 $838,000 $50,280 $30,960 21.045% $6,812 $6,516 +5.64%
2019/20 $923,000 $55,380 $29,138 21.167% $6,464 $6,168 +7.64%
2018/19 $1,079,000 $64,740 $27,392 20.919% $6,036 $5,730 +2.66%
2017/18 $814,000 $48,840 $27,382 20.385% $5,881 $5,582 +3.25%
2016/17 $705,000 $42,300 $27,043 19.991% $5,716 $5,406 +8.87%

Permit information for 59-42 Palmetto Street, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
11/06/2008 Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Ridgewood residential market stats

Access a detailed real estate market overview of Ridgewood so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Ridgewood and compare it to other neighborhoods in Queens.

Median sale price

$925,000

-13.6% Y-o-Y

Median price/sq. ft.

$702

32% Y-o-Y

Queens median sale price

$713,000

5.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Forest Ave & Myrtle Ave at NW Corner
Station lines
M
Distance (miles)
0.18

Access the detailed traffic volume map for 59-42 Palmetto Street, Ridgewood, NY 11385 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 88 Seneca 5 Yes Public PK, K-5 662 0.35
P.S. 88 Seneca 5 Yes Public PK, K-5 662 0.35
P.S. 71 Forest 5 No Public PK, K-5 547 0.33
P.S. 71 Forest 5 No Public PK, K-5 547 0.33
ACE Academy for Scholars at the Geraldine Ferraro Campus 7 No Public PK, K-5 557 0.51
ACE Academy for Scholars at the Geraldine Ferraro Campus 7 No Public PK, K-5 557 0.51
P.S. 239 5 No Public PK, K-5 433 0.54
P.S. 239 5 No Public PK, K-5 433 0.54
P.S. 81 Jean Paul Richter 6 No Public PK, K-5 713 0.59
P.S. 81 Jean Paul Richter 6 No Public PK, K-5 713 0.59
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 93 Ridgewood 5 Yes Public 6-8 985 0.12
Joseph F Quinn Intermediate School 77 2 No Public 6-8 627 0.55
Robert E Peary School NR No Public PK, K-9 572 0.61
St. Brigid School NR No Private PK-8 228 0.68
Redeemer Lutheran School NR No Private PK-8 136 0.73
Sacred Heart School NR No Private PK-8 305 0.73
Notre Dame Catholic Academy NR No Private PK-8 303 0.73
St Pancras School NR No Private PK-8 135 0.73
Middle Village Prep Charter School 8 No Charter 6-8 407 0.74
All City Leadership Secondary School 8 No Public 6-12 421 0.90
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Grover Cleveland H.S. 3 Yes Public 9-12 1,459 0.49
All City Leadership Secondary School 8 No Public 6-12 421 0.90
Academy for Environmental Leadership 2 No Public 9-12 275 0.91
Bushwick School for Social Justice 2 No Public 9-12 272 0.91
Brooklyn School For Math And Research NR No Public 9-12 333 0.91
Academy Of Urban Planning 5 No Public 9-12 403 0.91
P.S. 9 NR No Public K-10 664 0.96
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 1.07
Bushwick Community High School 2 No Public 9-12 86 1.07
Martin Luther School NR No Private 6-12 202 1.12

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 59-42 Palmetto Street, Ridgewood, NY 11385?

The development at 59-42 Palmetto Street, Ridgewood, NY 11385 was built in 1920.

What is the total square footage of 59-42 Palmetto Street, Ridgewood, NY 11385?

59-42 Palmetto Street, Ridgewood, NY 11385 has a total of 1,200 square feet.

When was 59-42 Palmetto Street, Ridgewood, NY 11385 last sold and what was the sale price?

59-42 Palmetto Street, Ridgewood, NY 11385 was last sold on 06/27/2023 for $1,490,000.

What is the assessed value of 59-42 Palmetto Street, Ridgewood, NY 11385?

59-42 Palmetto Street, Ridgewood, NY 11385 is currently assessed at $53,760.

What are the property taxes for 59-42 Palmetto Street, Ridgewood, NY 11385?

The property taxes for 59-42 Palmetto Street, Ridgewood, NY 11385 total $8,170.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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