2052 Gates Avenue, Ridgewood, NY 11385

$1,049,000

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List Price
$1,049,000
Price Change
▼ $150,000 1768207843
Days on Market
254
MLS#
937353
Number Of Families
6
Status
ACTIVE
Lot Size
2742

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, caffes, 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.

Additional Information

Year Built
1930
Total Taxes
19032
Heating
Natural Gas
Parking
None
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$19,032

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Marek Sobolewski (marek@trademarkorealty.com) from Listing Office: Trademarko Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.