Active
20-50 Gates Avenue
Ridgewood NY, 11385
$1,300,000
$232.14 per sqft
Active
18 Beds
6 Baths
5,600 sqft
Multi-family
Built in 1909
Welcome to Ridgewood, one of the most desirable neighborhoods in all of New York City! This meticulously maintained 6 Family building offers a great opportunity for an investor looking for strong cash flow. The approximate annual Net Operating Income = $91,624.88! Close to all shops, cafes, restaurants and night life, the major bus lines can be found around the corner and the Forest Ave subway is only 2 blocks away. The property has been upgraded nicely and this fantastic building enjoys a fairly new roof and hot water tanks, updated kitchens and baths, this is a near turn key investment with so much to offer!
3591606
MLSⓇ ID
November 17, 2024
Listed
December 2, 2024
Updated
Map
20-50 Gates Avenue
Ridgewood NY, 11385
Interior Features
Total Stories
3
Bedrooms
18
Total Bathrooms
6
Full Bathrooms
6
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Hot Water, Steam
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
Near Public Transit
Architectual Style
Tri-Level
Sewer
Public Sewer
School Information
School District
Queens 24
High School
Maspeth High School
Elementary School
Ps 71 Forest
Other Property Details
Taxes
$17,297
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Queens
Municipality
Queens
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/17/2024 | Active | — |
Listed by John J Ricco with Keller Williams Realty Empire
Listing Contact: 718-954-8400
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Natasha Green shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5:51 PM UTC, 12/2/2024