2018 Palmetto Street

Owner: Alexander Rubin

Acquired: December 18, 2023, $1.2 million

Debt: October 23, 2025, $8.4 million

Built: 1910

SF: 5,600

Dwelling units: 6

No. of buildings: 1

Class: Five to Six Families (C2)

Floors: 3

Transactions:

• Alexander Rubin and Leopold Jacobowitz borrowed $8.4 million from Symetra Life Insurance Company for 2018 Palmetto Street, 2039 Gates Avenue, and 1057 Grant Avenue, Ridgewood, Queens on October 23, 2025.

• None sold 2018 Palmetto Street, Ridgewood, Queens for $1.2 million to None on December 18, 2023.

Development:

• Herman Rubin filed plans for major alteration for 7,029 sqft in Ridgewood, Queens, on November 07, 2023.

Violations:

According to city public data, the properties have received $130 in OATH penalties in the last year.