1 of 16

Want to see this property?

20 50 Gates Avenue

Ridgewood, NY 11385

18 beds
6 baths
5,600 sqft
2,742 sqft lot
$232 per sqft
1909 build
– on site

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!

Listing courtesy of ONEKEY / Keller Williams Realty Empire

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# 3591606 —

The Building

Year Built:

1909
Year Built Effective:

2023
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Tri-Level
Basement:

Full
Levels:

Three Or More
Common Walls:

No Common Walls
Building Area Units:

Square Feet

Interior

Rooms Total:

30

Room Dimensions

Living Area:

5600
Living Area Units:

Square Feet

Location

Directions:

GPS / WAZE
Cross Street:

Grandview Avenue

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Good
Property Attached:

false
Lot Features:

Near Public Transit
Lot Size Acres:

0.06
Lot Size Area:

0.06
Lot Size SqFt:

2742
Lot Size Units:

Acres
Lot Size Source:

Other
Lot Size Dimensions:

27.42x100
Parcel Number:

03486-0024
Flood Zone Report:

No

Listing Agent

Contact info:

Taxes

Tax Lot:

24
Tax Block:

3486
Tax Map Number:

03486-0024
Tax Annual Amount:

17297

Beds

Bedrooms Total:

18

Baths

Total Baths:

6
Full Baths:

6

Heating & Cooling

Heating:

Natural Gas, Hot Water, Steam
Cooling:

None
Cooling:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Ps 71 Forest
Elementary School District:

Queens 24
Middle Or Junior School:

Is 93 Ridgewood
Middle Or Junior School District:

Queens 24
High School:

Maspeth High School
High School District:

Queens 24

The Community

Community Features:

Near Public Transportation
Senior Community:

false

Parking

Garage:

false
Attached Garage:

false
Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/16/24 Nov 16, 2024	Listed / Active	ONEKEY	$1,300,000
11/16/24 Nov 16, 2024	Coming Soon	ONEKEY	$1,300,000

Want a closer look?

Go see 20 50 Gates Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in New York, NY

Similar sold homes

This multifamily located in Northwestern Queens, New York, NY 11385 is currently for sale for $1,300,000. 20 50 Gates Avenue is a 5,600 square foot multifamily with 18 beds and 6 baths that has been on Estately for 5 days. 20 50 Gates Avenue is in the Northwestern Queens neighborhood of New York and has a WalkScore® of 93, making it a walker’s paradise.

Listing Courtesy of: ONEKEY and Keller Williams Realty Empire.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. 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.