New Listing - 11/17/2024

$1,300,000 ($232.14 per sqft)

Est. Mortgage $6,488/mo *

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20-50 Gates Avenue, Queens, (Ridgewood), NY, 11385

20-50 Gates Avenue, Queens, (Ridgewood), NY, 11385
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30 rooms

18 beds

6 Full baths

1909

Tri-Level

5,600 sqft

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!

Status:

Active

Town:

Queens

Type:

Multi-family

Units:

6

Heating:

Natural Gas, Hot Water, Steam

Cooling:

None

Basement:

Full

Acreage:

0.06

Est. Taxes:

$17,297

Construction

Brick

Lot Description:

Near Public Transit

Elementary School:

Ps 71 Forest

Middle School:

Is 93 Ridgewood

High School:

Maspeth High School

School District:

Community District 24

MLS #:

3591606

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Keller Williams Realty Empire 718-954-8400