2056 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 872452

Rental Info No

Year Built 1930

Annual Tax Amount $19,642

Lot Size 2,739 Sqft

Acres 0.0629

Property Sub-Type Multi Family

Source onekey2

Property Description

Is Smart Money Investing In One Of The Strongest Rent Growth In The Country? Year After Year RIDGEWOOD Makes The List Of NYC TOP NEIGHBERHOOD And It Is Known For Its Historic Charm, Vibrant Streets & Increasing Popularity. Please Do Not Overlook 2056 Gates Ave Because This RENT STABILIZED 6 FAMILY BRICK PROPERTY Is In The Middle Of It All! Considering It Is Situated In A LANDMARKED Section Of RIDGEWOOD, Close To Public Transportation, Restaurants & Coffee Shops It Appears To Be Seriously UNDERAPPRECIATED. Current Yearly Gross Income Is Just Above $100,000 And Around $70,000 Net But The Upside Potential Is Substantial.

Location

State NY

County Queens

Rooms

Basement See Remarks

Interior

Heating Natural Gas

Cooling Multi Units

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 71 Forest

Middle Schools Is 93 Ridgewood

High Schools Grover Cleveland High School

Others

Special Listing Condition None

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