2052 Gates AVE new

Ridgewood,NY 11385

$ 1199000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 937353

Rental Info No

Year Built 1930

Annual Tax Amount $19,032

Lot Size 2,739 Sqft

Acres 0.0629

Property Sub-Type Multi Family

Source onekey2

Property Description

Welcome to spacious 6-family, rent-stabilized building at 2052 Gates Ave, perfectly positioned in the heart of vibrant Ridgewood. Located on a tree-lined block surrounded by neighborhood shops, cafés, and restaurants, this property offers the best of Queens living with excellent transportation options. The M and L trains are both nearby, providing quick, convenient access to Manhattan and the rest of the city.
The building features:
* Six railroad-style units
* Two vacant apartments, ideal for an owner-occupant
* Four occupied units generating steady rental income
* Great opportunity to live in one unit and let the others pay your mortgage
With two vacancies, this is an excellent chance for an owner-user to secure a home in Ridgewood while benefiting from reliable cash flow from the remaining rent-stabilized units. Whether you're an end-user or investor, 2052 Gates Ave combines location, stability, and upside in one compelling package.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Trash Collection Public,Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

View More
Favorite Go Tour